Per Marion County "It looks like that parcel is zoned DA; however, it is in the floodway and floodway fringe. No construction will be permitted in these areas. Our Land Use Plan calls for Suburban Neighborhood so it would need to be a residential dwelling constructed in the area where there is visible tree coverage (the triangular area in lower right-hand side) *SEE IMAGES*. You are also able to build in the 500-year floodway which is the lightest blue." Aerial photographs in images show a structure present from at least 1956 through the late 1980s, but unsure about utilities on site.
Active
$150,000
1209 E Stop 12 Rd, Indianapolis, IN 46227
--beds
--baths
4.31Acres
Unimproved Land, Residential Lots
Built in ----
4.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Visible tree coverage
- 37 days
- 351
- 13
Zillow last checked:
Listing updated:
Listed by:
Kari Lancaster 317-446-5853,
Olympus Realty Group,
Brooke Wyatt 317-695-6680,
Olympus Realty Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22116249
Facts & features
Property
Lot
- Size: 4.31 Acres
- Features: Access, Corner Lot, Not In Subdivision, Corner
Details
- Additional structures: None
- Parcel number: 491519103002000500
- Zoning: Residential
- Zoning description: See Remarks
- Special conditions: Flood Plain Partial
- Horse amenities: None
Utilities & green energy
- Sewer: See Remarks
- Water: See Remarks
Community & HOA
Community
- Subdivision: T R Jones & Cos
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $45,700
- Annual tax amount: $1,216
- Date on market: 7/26/2026
- Cumulative days on market: 40 days
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2026 | Listed for sale | $150,000 |
Source:  MIBOR as distributed by MLS GRID #22116249 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,225 -4% | $45,700 |
| 2024 | $1,277 -0.3% | $45,700 |
| 2023 | $1,281 -8.2% | $45,700 |
| 2022 | $1,395 -0.6% | $45,700 |
| 2021 | $1,403 +7.3% | $45,700 |
| 2020 | $1,308 -1.3% | $45,700 +7.5% |
| 2019 | $1,325 -38% | $42,500 |
| 2018 | $2,139 +58.4% | $42,500 |
| 2017 | $1,350 +3.3% | $42,500 |
| 2016 | $1,307 +4.7% | $42,500 |
| 2014 | $1,249 +8.2% | $42,500 |
| 2013 | $1,154 | $42,500 |
| 2012 | $1,154 | $42,500 |
| 2011 | -- | $42,500 |
| 2010 | $968 +9.4% | $42,500 |
| 2009 | $885 | $42,500 |
| 2007 | -- | $42,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Linden Wood
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