Prime Development Opportunity. Unlock the potential of this versatile parcel currently zoned C1, offering a wide range of commercial uses - with potential for residential redevelopment or re-zoning. Previously home to a duplex, this lot presents a unique opportunity for investors, builders, or developers looking to capitalize on its flexible use possibilities. Utilities are already on site, reducing upfront development costs and streamlining your next project. Whether you envision a small business, mixed-use concept, or residential build, the groundwork is in place to bring your vision to life. Located in an area with ongoing growth and redevelopment, this property offers both immediate and long-term upside. Explore the possibilities - commercial, residential, or both.
Active
Price cut: $5K (6/30)
$60,000
1428 Oliver Ave, Indianapolis, IN 46221
--beds
--baths
4,791Square Feet
Unimproved Land
Built in ----
4,791 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 140 days |
- 41 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Sarah Fishburn 317-989-5613,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22086848
Facts & features
Property
Lot
- Size: 4,791 Square Feet
- Features: City
- Topography: Cleared
Details
- Parcel number: 491110144041000101
- Zoning: C1
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water on Site
Community & HOA
Community
- Subdivision: Clark & Osgoods
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $2,300
- Annual tax amount: $54
- Date on market: 3/5/2026
- Cumulative days on market: 146 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Price change | $60,000-7.7% |
Source:  MIBOR as distributed by MLS GRID #22086848 Report a problem | ||
| 6/10/2026 | Price change | $65,000-7.1% |
Source: MIBOR as distributed by MLS GRID #22086848 Report a problem | ||
| 3/5/2026 | Listed for sale | $70,000+251.8% |
Source: MIBOR as distributed by MLS GRID #22086848 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/11/2019 | Listing removed | $19,900 |
Source: Owner Report a problem | ||
| 12/5/2019 | Pending sale | $19,900 |
Source: Owner Report a problem | ||
| 11/6/2019 | Price change | $19,900-16.7% |
Source: Owner Report a problem | ||
| 10/21/2019 | Listed for sale | $23,900 |
Source: Owner Report a problem | ||
| 10/1/2019 | Pending sale | $23,900 |
Source: Owner Report a problem | ||
| 9/20/2019 | Listed for sale | $23,900+59.3% |
Source: Owner Report a problem | ||
| 10/17/2018 | Sold | $15,000-11.2% |
Source: Public Record Report a problem | ||
| 9/10/2018 | Price change | $16,900-29.3% |
Source: Owner Report a problem | ||
| 8/20/2018 | Listed for sale | $23,900 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $55 -14.5% | $2,300 |
| 2024 | $64 -0.3% | $2,300 |
| 2023 | $64 -91% | $2,300 |
| 2022 | $713 +28.8% | $2,300 -92.6% |
| 2021 | $553 +1% | $30,900 +29.3% |
| 2020 | $548 +1.7% | $23,900 +3% |
| 2019 | $538 -55.1% | $23,200 +2.7% |
| 2018 | $1,198 +63% | $22,600 +13% |
| 2017 | $735 +76.6% | $20,000 +4.2% |
| 2016 | $416 +4.6% | $19,200 +4.3% |
| 2014 | $398 -20.6% | $18,400 -17.1% |
| 2013 | $501 | $22,200 +0.5% |
| 2012 | $501 | $22,100 -5.6% |
| 2011 | -- | $23,400 |
| 2010 | $491 -10.6% | $23,400 |
| 2009 | $550 | $23,400 -23.3% |
| 2007 | -- | $30,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: West Indianapolis
Nearby schools
GreatSchools rating
- 4/10Edison School of the Arts 47Grades: K-8Distance: 0.6 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 0.8 mi
- 4/10William Penn School 49Grades: 6-8Distance: 0.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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