4460 Mann Rd Indianapolis, IN 46221
Mars Hill NeighborhoodEstimated payment $1,872/month
About This Lot
This is a 3.45-acre development opportunity offered as a packaged sale of two parcels conveyed together at closing, located minutes from the I-465 & Mann Rd interchange on Indianapolis' southwest side, consisting of 2.34 acres zoned C-3 Commercial and an adjacent 1.11-acre parcel zoned D6II for high-density multifamily residential development. The C-3 parcel supports a wide range of retail, service, and office uses, while the adjacent multifamily parcel provides flexibility for residential or mixed-use development configurations. The site features flat topography, utilities available on or near site, and is located outside the FEMA floodplain. Mann Road carries approximately 10,016 vehicles per day (2025 AADT) and provides strong connectivity to I-465 and surrounding residential growth corridors.
Listing Agent
Keller Williams Indy Metro S Brokerage Email: JayJossan@kw.com License #RB21000870 Listed on: 01/13/2026
Co-Listing Agent
Keller Williams Indy Metro S Brokerage Email: JayJossan@kw.com License #RB17001849
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,694
Lot Details
- 3.45 Acre Lot
- Additional Parcels
Schools
- Decatur Middle School
Listing and Financial Details
- Tax Lot 200
- Assessor Parcel Number 491131112005000200
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 |
|---|---|---|---|---|
| 2025 | $4,694 | $157,000 | $157,000 | -- |
| 2024 | $4,942 | $157,000 | $157,000 | -- |
| 2023 | $4,942 | $157,000 | $157,000 | $0 |
| 2022 | $5,015 | $157,000 | $157,000 | $0 |
| 2021 | $4,836 | $142,800 | $142,800 | $0 |
| 2020 | $4,651 | $142,800 | $142,800 | $0 |
| 2019 | $5,324 | $142,800 | $142,800 | $0 |
| 2018 | $4,784 | $142,800 | $142,800 | $0 |
| 2017 | $4,804 | $142,800 | $142,800 | $0 |
| 2016 | $4,795 | $142,800 | $142,800 | $0 |
| 2014 | $4,681 | $142,800 | $142,800 | $0 |
| 2013 | $4,284 | $142,800 | $142,800 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | Price Changed | $279,000 | -20.1% | -- |
| 02/23/2026 02/23/26 | For Sale | $349,000 | 0.0% | -- |
| 01/20/2026 01/20/26 | Off Market | $349,000 | -- | -- |
| 01/13/2026 01/13/26 | For Sale | $349,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Warranty Deed | -- | Meridian Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Deed | $54,000 | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22079918
APN: 49-11-31-112-005.000-200
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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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