NOT LISTED FOR SALE
0.45 Acre
-- Price per Acre
19,514 Sq Ft Lot

Sale Details

Date Sold: February 18, 2026

Last sale price $95,000

2039 Days on Market

About This Lot

As of February 2026

Commercial Lot for Sale: 0.45 Acres on E 38th St in Indianapolis High-visibility commercial lot in a proven traffic corridor. Located just east of 38th and Shadeland, this 0.45-acre C3/D5-zoned property sits near a signalized intersection with heavy daily traffic and direct access to I-465 and I-70. Ideal for retail, office, auto, food service, or flex development. The site is cleared, level, and already equipped with municipal water, sewer, electric, and gas on-site-making it shovel-ready for a wide range of commercial uses. Surrounded by national retailers, service businesses, and established neighborhoods, this is a key location for any operator seeking strong street exposure and logistical convenience. Property highlights: Zoned C3/D5, 0.45 acres (approx. 19,514 sq ft) Former gas station site, fully cleared with IDEM sign-off complete Flat topography with state road frontage Street cut access, asphalt surface, strong traffic counts Utilities: electric, gas, water, and sewer all on-site Immediate access to Shadeland Ave, I-465, and I-70 This lot offers unmatched exposure and utility access in a prime East Side commercial zone. Whether you're an owner-user or developer, the location supports a wide variety of business models. Priced to move and ready for your next build.

Last Agent to Sell the Property

Charlene Gaard

No Limit Real Estate, LLC Brokerage Email: charlenegaard@aol.com License #RB14033327 Listed on: 07/04/2020

Last Buyer's Agent

Marco Vasquez

CAVA Realty Group License #RB22000525

Property Details

Property Type

  • Land

Lot Details

  • 19,514 Sq Ft Lot

Schools

  • Warren Central High School

Listing and Financial Details

  • Tax Lot 7039
  • Assessor Parcel Number 490724123023000700
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Lot Details

0.45 Acres

Listing Details

  • Type: Single Lot
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 0.448
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Attribution Contact: charlenegaard@aol.com
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Other Structures: Not Applicable
  • Topography: Cleared,Level
  • Road Access: Street Cuts
  • Water: Municipal Water on Site

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Solid Waste: Yes

Lot Info

  • Additional Parcels: No
  • Current Use: See Remarks
  • Development Status: Surveyed
  • Horse Amenities: None
  • Lot Size Sq Ft: 19514
  • Parcel Number: 490724123023000700
  • Zoning: Comm
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: City
  • Present Zoning: Single Family
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 2776
  • Tax Lot: 7039
  • Semi Annual Property Tax Amt: 1388
  • Tax Exemption: None

MLS Schools

  • High School: Warren Central High School
  • Schools: WARREN CENTRAL HIGH

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Feb 13, 2026
Sold by
Bought by
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Marco Vasquez
CAVA Realty Group
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%
Views
5

Purchase Details

Closed on
Dec 29, 2009
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
-- Eagle Land Title
-- None Available
Source: Public Records

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
02/18/2026 02/18/26 Sold $95,000 -17.4% --
02/03/2026 02/03/26 Pending -- -- --
02/02/2026 02/02/26 For Sale $115,000 0.0% --
01/09/2026 01/09/26 Pending -- -- --
12/27/2025 12/27/25 Price Changed $115,000 -4.1% --
12/19/2025 12/19/25 Price Changed $119,900 -4.1% --
07/18/2025 07/18/25 For Sale $125,000 +31.6% --
05/13/2025 05/13/25 Pending -- -- --
11/02/2021 11/02/21 For Sale -- -- --
10/31/2021 10/31/21 Off Market $95,000 -- --
07/04/2020 07/04/20 For Sale $149,900 -- --
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,475 $51,500 $51,500 --
2024 $1,479 $51,500 $51,500 --
2023 $1,479 $51,500 $51,500 $0
2022 $1,439 $51,500 $51,500 $0
2021 $1,419 $46,800 $46,800 $0
2020 $1,284 $46,800 $46,800 $0
2019 $1,388 $46,800 $46,800 $0
2018 $1,389 $46,800 $46,800 $0
2017 $1,492 $46,800 $46,800 $0
2016 $1,562 $46,800 $46,800 $0
2014 $1,404 $46,800 $46,800 $0
2013 $1,404 $46,800 $46,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21722954

MIBOR Broker Listing Cooperative®

APN: 49-07-24-123-023.000-700

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