$439,000
$136K PRICE DROP

Estimated payment $2,502/month

Total Views 6,974
0.2 Acre
$2,195,000 Price per Acre
8,494 Sq Ft Lot

Highlights

  • 0.2 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS, .20+/- acre, 5 legal conforming D-8 parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. No drainage permit or on-site detention required. Next step, building permits. Sale includes plans and renderings of proposed townhomes. The location is one of the highest points in the City, making the planned rooftop decks an especially attractive feature with a view to the downtown skyline. Rights to all construction documents necessary to permit and develop the project are included in the sale. The Seller is offering to assist with the transfer of information in order to effect a smooth transition for the Buyer. Knowing the time and work that goes into putting a plan in place, the right builder has a real opportunity to seize the moment and build a carefully designed project, starting NOW!

Listing Agent

Jane Drew Pollom

F.C. Tucker Company License #RB19001299 Listed on: 03/11/2025

F.C. Tucker Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,952

Lot Details

  • 8,494 Sq Ft Lot
  • Corner Lot

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Walkers Subdivision

Listing and Financial Details

  • Tax Lot 49-10-06-124-043.000-101
  • Assessor Parcel Number 491006124043000101

Property Details

Property Type

Land

Est. Annual Taxes

$1,952

Lot Details

0

Listing Details

  • Type: Single Lot,Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Walkers
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • List Price: 439000
  • Other Structures: No Building
  • Topography: Cleared,Level
  • View Y N: No
  • Waterfront: No
  • Road Access: Not Applic
  • Water: Municipal Water on Site

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: City Lot, Corner Lot
  • Development Status: Finished Lot(s), Plat Designed
  • Horse Amenities: None
  • Lot Size Sq Ft: 8494
  • Parcel Number: 491006124043000101
  • Zoning: D-8
  • Acres: <1/4 Acre
  • Land Characteristics: City,Corner,Mature Trees,Small Trees
  • Present Zoning: Multi-Fam,See Remarks
  • Price Acre: 2195000
  • Soil Type: Not Applic
  • Divisible: Yes

Tax Info

  • Tax Annual Amount: 1952
  • Tax Lot: 49-10-06-124-043.000-101
  • Semi Annual Property Tax Amt: 976

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,947 $70,200 $70,200 --
2023 $1,947 $70,200 $70,200 $0
2022 $1,952 $70,200 $70,200 $0
2021 $2,082 $70,200 $70,200 $0
2020 $803 $27,100 $27,100 $0
2019 $817 $27,100 $27,100 $0
2018 $843 $27,100 $27,100 $0
2017 $747 $27,100 $27,100 $0
2016 $708 $27,100 $27,100 $0
2014 $792 $27,100 $27,100 $0
2013 $608 $27,100 $27,100 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $439,000 -7.6% --
06/24/2025 06/24/25 Price Changed $475,000 -5.0% --
05/12/2025 05/12/25 Price Changed $499,900 -8.9% --
04/14/2025 04/14/25 Price Changed $549,000 -4.5% --
03/11/2025 03/11/25 For Sale $575,000 +113.0% --
02/23/2024 02/23/24 Sold $270,000 -22.6% --
12/30/2023 12/30/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $349,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $270,000 None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22025722

MIBOR Broker Listing Cooperative®

APN: 49-10-06-124-043.000-101