$475,000

426 E 16th St Indianapolis, IN 46202

Near Northside Neighborhood

Estimated payment $2,612/month

Total Views 345,938
0.4 Acre
$1,187,500 Price per Acre
17,424 Sq Ft Lot

About This Lot

Prime development opportunity located at the corner of 16th Street and Central Avenue in the highly desirable Herron-Morton Place Historic District of Downtown Indianapolis. Positioned in a high-visibility, high-traffic area with strong walkability, this site offers excellent access to Mass Ave & The Bottleworks District as well as many other Downtown attractions. At this price and location, this property is an ideal opportunity for investors or developers looking to bring a unique vision to one of the city's most vibrant and growing neighborhoods!

Listing Agent

Tommy Johnson

@properties License #RB18002124 Listed on: 07/09/2025

@properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,566

Lot Details

  • 0.4 Acre Lot

Community Details

  • Allen & Roots North Subdivision

Listing and Financial Details

  • Tax Lot 205,206, & Pt 207
  • Assessor Parcel Number 490636158212000101

Property Details

Property Type

Land

Est. Annual Taxes

$1,566

Lot Details

0

Listing Details

  • Type: Multiple
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 0.4
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: Allen & Roots North
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Cleared,Level
  • Road Access: Frontage Road,Street Cuts
  • Water: Other

Utilities

  • Sewer: Other
  • Solid Waste: No

Lot Info

  • Development Status: See Remarks
  • Horse Amenities: None
  • Lot Size Sq Ft: 17424
  • Parcel Number: 490636158212000101
  • Zoning: C3
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: City,Corner
  • Present Zoning: Commercial
  • Soil Type: Gravely
  • Divisible: Yes

Tax Info

  • Tax Annual Amount: 1566
  • Tax Lot: 205,206, & Pt 207
  • Semi Annual Property Tax Amt: 783

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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Average Value
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List Price
Sold Price
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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
07/09/2025 07/09/25 For Sale $475,000 -- --
Source: MIBOR Broker Listing Cooperative®

About the Listing Agent

Tommy Johnson
Tommy Johnson

@properties

(317) 751-2181

Section Image

Hi, I’m Tommy Johnson, a Realtor in Central Indiana with a passion for community, people, & homes. My goal is to make your real estate experience smooth, exciting, and rewarding—helping you make smart, confident decisions every step of the way!

View Tommy's Profile

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  • 741 Coventry Dr, Seymour, IN 47274

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  • 303 Calvin Blvd, Seymour, IN 47274

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  • 10000 N County Road 600 E, Seymour, IN 47274

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22049621

MIBOR Broker Listing Cooperative®
Indiana Marion County Indianapolis 46202 Near Northside

426 E 16th St, Indianapolis, IN

For Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Tommy Johnson
Tommy Johnson
Listing Agent Section Image
@properties
(317) 751-2181