$250,000
$50K PRICE DROP

Estimated payment $1,325/month

Total Views 129,909
0.12 Acre
$2,083,333 Price per Acre
5,140 Sq Ft Lot

About This Lot

Discover a fantastic opportunity with these two lots that are MU1 zoned. These lots are situated in an emerging neighborhood that is rapidly gaining popularity. With great potential for Mixed-Use 1 zone, zoning designation that allows for a mix of residential and commercial development, this property is perfectly positioned just blocks away from the vibrant Kan-Kan Cinema and an array of delightful restaurants. The lot is conveniently located near Spades Park and Pogues Run, offering residents ample green space and recreational options. Explore the Factory Art District, where creativity and culture come to life, or unwind at one of the nearby breweries after a long day. In addition to the exciting dining and entertainment options, you'll find several other restaurants within walking distance, ensuring a bustling neighborhood atmosphere. This property presents an ideal canvas for your vision, whether you're looking to build a modern residence, multi-family units, or a commercial venture. Don't miss out on this incredible opportunity in a thriving community poised for growth!

Listing Agent

Brian Hopson

F.C. Tucker Company License #RB17000361 Listed on: 11/18/2024

F.C. Tucker Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $128

Lot Details

  • 5,140 Sq Ft Lot
  • Mature Trees
  • Additional Parcels

Location

  • City Lot

Schools

  • Brookside School 54 Elementary School
  • Arlington Community Middle School
  • Arsenal Technical High School

Community Details

  • No Home Owners Association
  • E T Fletchers 2Nd Brookside Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 490732196001000101

Property Details

Property Type

Land

Est. Annual Taxes

$128

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: E T Fletchers 2nd Brookside
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: No Building
  • Topography: Level
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Public Sewer
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Arlington Community Middle School

Lot Info

  • Lot Features: Access, City Lot, Mature Trees
  • Additional Parcels Description: 490732196003000101
  • Additional Parcels: Yes
  • Development Status: Zoning Change Required
  • Horse Amenities: None
  • Lot Size Sq Ft: 5140
  • Number Of Lots: 2
  • Parcel Number: 490732196001000101
  • Zoning: MU1
  • Acres: <1/4 Acre
  • Land Characteristics: City,Mature Trees
  • Present Zoning: Other
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 128
  • Tax Lot: 28
  • Semi Annual Property Tax Amt: 64
  • Tax Exemption: None

MLS Schools

  • Elementary School: Brookside School 54
  • High School: Arsenal Technical High School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Price Changed $250,000 -16.7% --
11/18/2024 11/18/24 For Sale $300,000 +233.3% --
06/10/2022 06/10/22 Sold $90,000 -18.9% -- View Prior Sale
05/23/2022 05/23/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $111,000 -- --
Source: MIBOR Broker Listing Cooperative®

About the Listing Agent

Brian Hopson

F.C. Tucker Company

(317) 434-3647

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His success in real estate is due to his passion, experience, professionalism, and commitment to serving your real estate needs. He is constantly educating himself on the latest trends in the marketplace so he can find the right home for you or price your home to sell accordingly. On his website, you will find all the information you need to buy or sell a home. If you need more information about homes in your area, please contact him today so he can provide you with the latest information.

Brian's Other Listings

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    $50,000

    • Land
    • 0.1 Acre
    • $500,000 per Acre
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    Discover a fantastic opportunity with this spacious land lot, situated in an emerging neighborhood that is rapidly gaining popularity. With great potential for new construction, this property is perfectly positioned just blocks away from the vibrant Kan-Kan Cinema and an array of delightful restaurants. The lot is conveniently located near Spades Park and Pogues Run, offering residents ample

    Brian Hopson F.C. Tucker Company

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  • 2225 E Brookside Ave, Indianapolis, IN 46218

    $60,000

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    • 0.17 Acre
    • $352,941 per Acre
    • 2225 E Brookside Ave
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    Discover a fantastic opportunity with this great land lot, situated in an emerging neighborhood that is rapidly gaining popularity. With great potential for new construction, this property is perfectly positioned just blocks away from the vibrant Kan-Kan Cinema and an array of delightful restaurants. The lot is conveniently located near Spades Park and Pogues Run, offering residents ample green

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  • 107 Bakemeyer St, Indianapolis, IN 46225

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    Charming Fully Updated Bungalow! Step into this beautifully renovated 2-bedroom, 1-bath home offering modern comfort and classic charm. The bright kitchen features brand-new stainless steel appliances and fresh finishes, making meal prep a delight. A brand-new HVAC system ensures year-round comfort. Situated on a nice-sized lot, this property includes a detached garage plus an oversized storage

    Brian Hopson F.C. Tucker Company

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  • 256 E 1000 N, Fountaintown, IN 46130

    $480,000

    • 3 Beds
    • 2.5 Baths
    • 2,436 Sq Ft
    • 256 E 1000 N
    • Fountaintown, IN

    Discover this charming home nestled on just over 19 acres of serene, wooded land in Fountaintown - a true hidden gem and a hunter's dream property. Offering incredible potential, this 3-bedroom, 2-bath home provides both comfort and endless possibilities. Inside, you'll find a spacious living room and a formal dining area perfect for gatherings and entertaining. Upstairs, two generously sized

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  • 5220 Terrace Ave, Indianapolis, IN 46203

    $110,000 Sold Dec 19, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,142 Sq Ft
    • 5220 Terrace Ave
    • Indianapolis, IN

    Welcome to this charming 3-bedroom, 1.5-bath ranch located in the Warren Township. This home features a spacious living room perfect for relaxing and entertaining. The versatile bonus room offers additional space for a home office, playroom, or hobby area. The expansive, fenced-in yard provides plenty of room for outdoor activities and privacy with a deck and patio. A detached 2-car garage offers

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  • 901 Detroit St, Beech Grove, IN 46107

    $265,000 Sold May 13, 2025

    • 3 Beds
    • 2 Baths
    • 1,624 Sq Ft
    • 901 Detroit St
    • Beech Grove, IN

    Welcome to this charming custom brick ranch, offering three spacious bedrooms and two full baths. Designed for both comfort and style, this home features cathedral and trayed ceilings, adding architectural interest and a sense of openness throughout the living spaces. The inviting living room boasts a cozy wood-burning fireplace, perfect for relaxing evenings. The kitchen has been thoughtfully

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  • 1049 N Tremont St, Indianapolis, IN 46222

    $125,000 Sold Sep 09, 2025

    • 2 Beds
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    Welcome to this beautifully refreshed 2-bedroom, 1-bath home that perfectly blends comfort and modern updates. Featuring a spacious living area, fresh paint, and updated flooring throughout, this move-in-ready gem is ideal for first-time buyers, downsizers, or investors. The updated kitchen boasts newer appliances, countertops, and cabinetry, while the renovated bathroom offers stylish fixtures

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  • 71 S 5th Ave, Beech Grove, IN 46107

    $220,000 Sold Jan 22, 2025

    • 2 Beds
    • 2.5 Baths
    • 2,492 Sq Ft
    • 71 S 5th Ave
    • Beech Grove, IN

    Welcome home! This delightful 2 bedroom with possible third bedroom upstairs, 2 bath home offers a seamless flow from the inviting living room to the formal dining area, making it perfect for entertaining or hosting dinner parties. The well-appointed kitchen features ample cabinetry, providing plenty of storage for all your culinary needs. The primary bedroom, conveniently located on the main

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  • 146 S 13th Ave, Beech Grove, IN 46107

    $256,000 Sold Feb 12, 2025

    • 3 Beds
    • 1 Bath
    • 3,402 Sq Ft
    • 146 S 13th Ave
    • Beech Grove, IN

    Discover this rare find in the heart of Beech Grove! This spacious 3-bedroom, 1-bathroom home boasts stunning craftsmanship and intricate woodwork throughout, highlighting its unique character and charm. Step into the inviting living room that flows seamlessly into the formal dining room, perfect for gatherings and entertaining guests. The functional kitchen features beautiful cabinets and a

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22011564

MIBOR Broker Listing Cooperative®