$2,500

Estimated payment $16/month

Total Views 1,621
0.24 Acre
$10,417 Price per Acre
10,642 Sq Ft Lot

About This Lot

FOR LEASE!!! Prime commercial opportunity on the Massachusetts Avenue corridor, less than two miles from downtown Indianapolis! This .24-acre lot offers exceptional visibility and accessibility in a high-traffic area surrounded by ongoing redevelopment and mixed-use growth. The site is zoned C3 commercial, allowing for a wide range of potential uses such as restaurant, lounge, retail, automotive, or service-based business. The land is clear, level, and ready for your vision, with utilities available at the street. Seller is open to creative lease terms, making this an excellent opportunity for a business looking to establish a presence in one of Indy's most promising growth areas.

Listing Agent

Jameka Howard

Compass Indiana, LLC License #RB21001071 Listed on: 11/30/2025

Compass Indiana, LLC

Property Details

Property Type

  • Land

Lot Details

  • 10,642 Sq Ft Lot

Community Details

  • Milligans Brook Park Subdivision

Listing and Financial Details

  • Property Available on 11/30/25
  • Tax Lot 1058559
  • Assessor Parcel Number 490731219050000101

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Dirt
  • Subdivision Name: Milligans Brook Park
  • Transaction Type: Lease
  • Special Features: VirtualTour

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Not Applic
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Public Sewer
  • Solid Waste: No

Lot Info

  • Current Use: Vacant
  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 10642
  • Number Of Lots: 1
  • Parcel Number: 490731219050000101
  • Zoning: C3
  • Acres: <1/4 Acre
  • Land Characteristics: Small Trees
  • Present Zoning: Commercial
  • Soil Type: Other
  • Divisible: No

Rental Info

  • Available Date: 2025-11-30
  • Lease Amount: 2500

Tax Info

  • Tax Annual Amount: 476
  • Tax Lot: 1058559
  • Semi Annual Property Tax Amt: 238

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $474 $17,100 $17,100 --
2023 $474 $17,100 $17,100 $0
2022 $475 $17,100 $17,100 $0
2021 $477 $14,900 $14,900 $0
2020 $475 $14,900 $14,900 $0
2019 $855 $14,900 $14,900 $0
2018 $494 $14,900 $14,900 $0
2017 $440 $14,900 $14,900 $0
2016 $585 $21,300 $21,300 $0
2014 $622 $21,300 $21,300 $0
2013 $629 $21,300 $21,300 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2025 11/30/25 For Sale $2,500 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $70,000 --
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22075164

MIBOR Broker Listing Cooperative®

APN: 49-07-31-219-050.000-101