931 S East St Indianapolis, IN 46225
Bates-Hendricks NeighborhoodEstimated payment $2,799/month
About This Lot
Unlock the endless possibilities with this awesome property! Spanning 1/4 acre with appx 88 feet of main-road frontage, this listing offers unparalleled potential. Situated directly across from Eli Lilly and in close proximity to downtown attractions like Lucas Oil Stadium and Gainbridge Fieldhouse, this location is ideal for anyone looking to capitalize on Indy's bustling urban scene. Currently zoned C5, the property holds significant commercial appeal with great street frontage, making it a prime candidate for retail or commercial use. However, the ease of rezoning to D8 provides the flexibility to transform this space into residential development, whether it be a cluster of single-family homes or stylish townhomes. The property's location on a bus route enhances accessibility, appealing to both residents and businesses. Embrace the vibrant energy of Indianapolis with this property's unmatched potential for growth and redevelopment. Whether your ambitions are commercial or residential, this is poised to accommodate your vision.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,240
Lot Details
- 10,455 Sq Ft Lot
Community Details
- Fletcher Place Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 491112189004000101
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 |
|---|---|---|---|---|
| 2024 | $4,453 | $152,500 | $82,500 | $70,000 |
| 2023 | $4,453 | $152,500 | $82,500 | $70,000 |
| 2022 | $4,456 | $152,500 | $82,500 | $70,000 |
| 2021 | $4,341 | $139,300 | $75,000 | $64,300 |
| 2020 | $4,084 | $131,100 | $66,800 | $64,300 |
| 2019 | $3,996 | $126,100 | $64,700 | $61,400 |
| 2018 | $4,108 | $126,100 | $64,700 | $61,400 |
| 2017 | $3,615 | $124,700 | $64,700 | $60,000 |
| 2016 | $3,342 | $121,300 | $64,700 | $56,600 |
| 2014 | $3,526 | $120,700 | $64,700 | $56,000 |
| 2013 | $3,567 | $120,700 | $64,700 | $56,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $449,000 | -9.3% | -- |
| 05/15/2025 05/15/25 | For Sale | $495,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $155,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22039010
APN: 49-11-12-189-004.000-101
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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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