Strong traffic countsBorders scenic indian creekExceptional visibilityStrategic location
Two adjoining parcels totaling approximately 9.795 acres are available for sale or lease. Located at the southwest corner of East 56th Street and North German Church Road in northeast Indianapolis. This excellent location offers exceptional visibility, strong traffic counts, and convenient access to major commuter routes, making it ideal for residential or future commercial development with a zoning change. The first parcel, located at 5525 North German Church Road, consists of 4.3 acres of vacant land positioned prominently at the intersection of 56th Street and German Church Road. The site provides direct access to major corridors and is close to Geist Reservoir, Fort Harrison Park, and area shopping, dining, and schools. The second parcel, located at 10919 East 56th Street, includes 5.49 acres and currently features a brick farmhouse, a large all-steel commercial building with car lifts and full utilities, two smaller steel utility buildings, and an in-ground swimming pool. The property is beautifully landscaped with mature nut trees and borders scenic Indian Creek, offering a serene natural setting adjacent to Indian Creek Magnet Science School. Combined, these parcels present a rare opportunity in a rapidly growing corridor. The properties are ideally suited for future residential development such as condominiums or duplexes, or for potential commercial use pending zoning approval. Their strategic location, accessibility, and flexible potential make this an outstanding investment for developers or investors seeking growth in the northeast Indianapolis market.
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Zillow last checked:
Listing updated:
Listed by:
Joseph Buttler317-694-5213,
Indy Crossroads Realty Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22062385
Facts & features
Property
Lot
Size: 9.8 Acres
Features: Corner Lot, Street Lights, Mature Trees, Trees-Small (Under 20 Ft), Corner, Creek On Property
Topography: Pasture,Stream,Wooded,See Remarks
Details
Additional structures: Other
Additional parcels included: 490809109005000407
Parcel number: 490809109006000407
Zoning: CURRENT USE RESIDENTIAL
Zoning description: Single Family
Horse amenities: None
Utilities & green energy
Water: Public, Municipal Water on Site
Community & HOA
Community
Subdivision: No Subdivision
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $206,500
Annual tax amount: $2,628
Date on market: 10/15/2025
Cumulative days on market: 276 days
Listing terms: Lease Option,Sell Entity
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
10/16/2025
Listed for sale
$4,000,000
Source: MIBOR as distributed by MLS GRID #22062385Report a problem
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