2902 N Capitol Ave Indianapolis, IN 46208
Crown Hill NeighborhoodEstimated payment $2,736/month
About This Lot
Discover a prime development opportunity with this expansive 18,000 sq ft lot zoned D8, ready for multifamily residential projects. Approved plans are in place for a 9-unit luxury condo building, including eight 2-bedroom, 2-bath units and an exclusive penthouse featuring 3 bedrooms and 3 baths. This investment-ready property is perfect for developers looking to capitalize on a highly sought-after location. While the price does not include construction costs, detailed estimates are available for serious buyers. The lot's zoning offers flexibility for residential developments, making it a standout choice for builders seeking a lucrative project. Situated in a convenient and central location, this property ensures easy access to local amenities, public transit, and thriving urban areas. Don't miss this chance to bring a remarkable project to life!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,152
Lot Details
- 0.41 Acre Lot
Community Details
- Burton & Campbells Park Place Add Subdivision
Listing and Financial Details
- Tax Lot 49-06-26-190-076.000-101
- Assessor Parcel Number 490626190076000101
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,148 | $41,400 | $41,400 | -- |
| 2023 | $1,148 | $41,400 | $41,400 | $0 |
| 2022 | $1,151 | $41,400 | $41,400 | $0 |
| 2021 | $1,225 | $36,000 | $36,000 | $0 |
| 2020 | $1,627 | $36,000 | $36,000 | $0 |
| 2019 | $1,231 | $36,000 | $36,000 | $0 |
| 2018 | $1,260 | $36,000 | $36,000 | $0 |
| 2017 | $1,201 | $36,000 | $36,000 | $0 |
| 2016 | $941 | $36,000 | $36,000 | $0 |
| 2014 | $1,052 | $36,000 | $36,000 | $0 |
| 2013 | $1,064 | $36,000 | $36,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2024 05/16/24 | For Sale | $499,900 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21979922
APN: 49-06-26-190-076.000-101
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