$149,000

Estimated payment $893/month

Total Views 11,070
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, SIOR, CCIM

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

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

Mortgage 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 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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