$185,000

Estimated payment $1,124/month

0.09 Acre
$2,055,556 Price per Acre
4,080 Sq Ft Lot

About This Lot

Located in the heart of the highly sought-after Herron-Morton Place neighborhood, this is a rare opportunity to design and build a custom home in one of Indianapolis's most vibrant and historic areas. Partner with Compendium Group LLC and Trade Design Studios, a trusted design-build team known for thoughtful architecture, quality craftsmanship, and modern livability. Herron-Morton Place offers the perfect blend of urban convenience and neighborhood charm, with tree-lined streets, beautiful historic homes, and a strong sense of community. Enjoy close proximity to downtown Indianapolis, Mass Ave, IU Health, Eli Lilly, and some of the city's best dining, entertainment, and cultural destinations. Whether you envision a contemporary residence or a home that complements the neighborhood's historic character, this build opportunity allows you to bring your vision to life in a premier location. Don't miss the chance to create a custom home tailored to your lifestyle in one of Indy's most desirable neighborhoods.

Listing Agent

Tatum Hill

@properties Brokerage Email: tatum@atpropertiesind.com License #RB18000473 Listed on: 02/05/2026

@properties

Property Details

Property Type

  • Land

Additional Features

  • 4,080 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association
  • Herron Morton Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 490625128010000101

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2025
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Herron Morton
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Attribution Contact: tatum@atpropertiesind.com
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: 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, Sidewalks
  • Additional Parcels: No
  • Development Status: Finished Lot(s), Plat Recorded, Rough Grade, Surveyed
  • Horse Amenities: None
  • Lot Size Sq Ft: 4080
  • Number Of Lots: 1
  • Parcel Number: 490625128010000101
  • Zoning: D8
  • Acres: <1/4 Acre
  • Land Characteristics: City
  • Present Zoning: Historic,Single Family
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 0

Map

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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 $1,223 $70,200 $70,200 $0
2021 $1,305 $44,000 $44,000 $0
2020 $1,238 $41,800 $41,800 $0
2019 $1,260 $41,800 $41,800 $0
2018 $1,300 $41,800 $41,800 $0
2017 $1,151 $41,800 $41,800 $0
2016 $1,092 $41,800 $41,800 $0
2014 $1,221 $41,800 $41,800 $0
2013 $1,356 $41,800 $41,800 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2026 02/05/26 For Sale $185,000 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22082851

MIBOR Broker Listing Cooperative®