$149,000

Estimated payment $889/month

Total Views 2,031
4.94 Acres
$30,162 Price per Acre
215,186 Sq Ft Lot

About This Lot

4.94 acres of wooded residential development land zoned D-6II (Dwelling District Six II) located in Indianapolis. The D-6II zoning classification supports high-density residential development, including multifamily apartments, townhomes, and cluster-style housing configurations, making the site well suited for a variety of residential development concepts. The property is located in close proximity to I-465 (Exit 7 - Mann Rd), providing excellent regional access and positioning the site well for new residential development. This site presents a strong opportunity for developers and investors seeking multifamily residential land within Marion County.

Listing Agent

Jaskaran Jossan

Keller Williams Indy Metro S Brokerage Email: JayJossan@kw.com License #RB21000870 Listed on: 03/31/2026

Keller Williams Indy Metro S

Co-Listing Agent

James Storey

Keller Williams Indy Metro S Brokerage Email: JayJossan@kw.com License #RB17001849

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,044

Lot Details

  • 4.94 Acre Lot

Schools

  • Decatur Middle School

Listing and Financial Details

  • Tax Lot 49-11-31-111-020.000-200
  • Assessor Parcel Number 491131111020000200

Property Details

Property Type

Land

Est. Annual Taxes

$1,044

Lot Details

4.94 Acres

Listing Details

  • Type: Other
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Co List Office Phone: 317-882-5900
  • Lot Size Acres: 4.94
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Attribution Contact: JayJossan@kw.com
  • Special Features: None

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Not Applic
  • Road Access: Access Rd,Frontage Road
  • Water: Other

Utilities

  • Sewer: Other
  • Solid Waste: No

Schools

  • Middle Or Junior School: Decatur Middle School

Lot Info

  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 215186
  • Parcel Number: 491131111020000200
  • Zoning: D6-II (Multifamily Use)
  • Acres: 3-5 Acres
  • Land Characteristics: Wooded
  • Present Zoning: Multi-Fam
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 1044
  • Tax Lot: 49-11-31-111-020.000-200
  • Semi Annual Property Tax Amt: 522

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
2025 $1,043 $46,700 $46,700 --
2024 $1,426 $46,700 $46,700 --
2023 $1,426 $46,700 $46,700 $0
2022 $1,449 $46,700 $46,700 $0
2021 $1,536 $46,700 $46,700 $0
2020 $1,521 $46,700 $46,700 $0
2019 $1,536 $46,700 $46,700 $0
2018 $1,524 $46,700 $46,700 $0
2017 $1,532 $46,700 $46,700 $0
2016 $1,530 $46,700 $46,700 $0
2014 $1,531 $46,700 $46,700 $0
2013 $1,401 $46,700 $46,700 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2026 03/31/26 For Sale $149,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,583 Seller Take Back
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22092415

MIBOR Broker Listing Cooperative®

APN: 49-11-31-111-020.000-200

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