2902 N Capitol Ave Indianapolis, IN 46208
Crown Hill NeighborhoodEstimated payment $2,841/month
About This Lot
Shovel-ready multifamily opportunity on Indy's North Side. This 18,000 sq ft lot at 3902 N Capitol Ave is zoned D8 and fully approved for a 9-unit luxury condo project-a rare turnkey setup in a rapidly appreciating corridor. Plans include eight spacious 2-bed, 2-bath units plus a standout 3-bed, 3-bath penthouse. Ideal for developers seeking a high-margin infill project with design and zoning hurdles already cleared. Utilities available at site, and construction estimates are ready for qualified buyers. Property highlights: 18,000 sq ft lot zoned D8 for multifamily use Approved plans for 9 upscale residential units Penthouse design with premium layout and finishes All 2BR/2BA units designed for modern living Central location with easy access to downtown, Fall Creek, and major transit Walkable to Tarkington Park, Ivy Tech, and Butler-Tarkington area This section of Capitol Ave is attracting serious investment-and this project is poised to be part of that transformation. The hard part is done. Bring your builder and realize the upside. Price includes land and approved plans. Construction not included.
Listing Agent
No Limit Real Estate, LLC Brokerage Email: charlenegaard@aol.com License #RB14033327 Listed on: 05/16/2024
Co-Listing Agent
No Limit Real Estate, LLC Brokerage Email: charlenegaard@aol.com License #RB17001433
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,152
Lot Details
- 18,000 Sq Ft 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $881 | $74,399 | ||
| 2025 | $698 | $72,444 | ||
| 2024 | $689 | $70,403 | ||
| 2023 | $689 | $68,353 | $0 | $0 |
| 2022 | $719 | $66,363 | $0 | $0 |
| 2021 | $724 | $64,431 | $0 | $0 |
| 2020 | $723 | $63,542 | $0 | $0 |
| 2019 | $724 | $62,114 | $0 | $0 |
| 2018 | $731 | $60,956 | $0 | $0 |
| 2017 | $731 | $59,703 | $0 | $0 |
| 2016 | $734 | $58,476 | $0 | $0 |
| 2015 | $758 | $60,437 | $0 | $0 |
| 2014 | $762 | $59,958 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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