MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS, .20+/- acre, 5 legal conforming D-8 parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. No drainage permit or on-site detention required. Next step, building permits. Sale includes plans and renderings of proposed townhomes. The location is one of the highest points in the City, making the planned rooftop decks an especially attractive feature with a view to the downtown skyline. Rights to all construction documents necessary to permit and develop the project are included in the sale. The Seller is offering to assist with the transfer of information in order to effect a smooth transition for the Buyer. Knowing the time and work that goes into putting a plan in place, the right builder has a real opportunity to seize the moment and build a carefully designed project, starting NOW!
Active
Price cut: $30K (7/14)
$315,000
1136 E New York St, Indianapolis, IN 46202
--beds
--baths
8,712Square Feet
Unimproved Land
Built in ----
8,712 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 136 days
- 59
- 1
Zillow last checked:
Listing updated:
Listed by:
Jane Drew Pollom 317-730-3791,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22097129
Facts & features
Property
Lot
- Size: 8,712 Square Feet
- Features: Platted Subdivision
- Topography: Level
Details
- Parcel number: 491006124078004101
- Zoning: D-8
- Zoning description: Multi-Fam
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: Elevate Sub
Location
- Region: Indianapolis
Financial & listing details
- Date on market: 4/24/2026
- Cumulative days on market: 140 days
- Listing terms: See Remarks
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $315,000-8.7% |
Source: | ||
| 6/11/2026 | Price change | $345,000-5.5% |
Source: | ||
| 4/24/2026 | Listed for sale | $365,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
Find assessor info on the county website





