Seize the opportunity to build your dream home or business in a location that offers both charm and convenience! Situated just minutes from downtown, this property is perfectly positioned within walking distance to the vibrant E 16th St corridor. Enjoy local favorites like Greek's Pizzeria, Provider Cafe, Solely Wine, and easy access to COhatch, The Oaks Academy, O'Bannon Park, and the Monon Trail, which leads straight to Mass Ave in mere minutes! The location boasts easy access to major thoroughfares such as N College Ave, N Meridian St, and interstates I-65 & I-70, ensuring seamless connectivity throughout the city. Be part of the exciting growth with two new mixed-use developments, Millside Townhomes & Westmont Apartments, just a stone's throw away. Zoned C-5, this property offers unmatched potential with prime visibility and frontage on E 16th St, making it ideal for a brewery, distillery, restaurant, or any retail venture. With excellent outdoor seating options, the possibilities for this space are truly endless. Opportunities in this sought-after area are becoming increasingly rare, so don't miss out on securing your spot in this thriving community!
Active
$125,000
1561 Yandes St, Indianapolis, IN 46202
--beds
--baths
3,484Square Feet
Unimproved Land
Built in ----
3,484 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 31 days |
- 49 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Andy Tresize 317-701-4289,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22107657
Facts & features
Property
Lot
- Size: 3,484 Square Feet
- Features: City, Corner
- Topography: Cleared,Level
Details
- Additional structures: None
- Parcel number: 490731173002000101
- Zoning: Vacant Lot
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: S A Fletcher Jr North East
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $15,500
- Annual tax amount: $368
- Date on market: 6/11/2026
- Cumulative days on market: 33 days
- Road surface type: Asphalt, Concrete
Estimated market value
Not available
Estimated sales range
Not available
$1,669/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listed for sale | $125,000 |
Source:  MIBOR as distributed by MLS GRID #22107657 Report a problem | ||
| 12/10/2025 | Listing removed | $125,000 |
Source: MIBOR as distributed by MLS GRID #22043865 Report a problem | ||
| 8/19/2025 | Listed for sale | $125,000 |
Source: MIBOR as distributed by MLS GRID #22043865 Report a problem | ||
| 7/25/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21744571 Report a problem | ||
| 4/14/2023 | Listed for sale | $125,000 |
Source: MIBOR as distributed by MLS GRID #21744571 Report a problem | ||
| 3/10/2023 | Pending sale | $125,000 |
Source: MIBOR as distributed by MLS GRID #21744571 Report a problem | ||
| 12/30/2022 | Price change | $125,000-16.6% |
Source: MIBOR as distributed by MLS GRID #21744571 Report a problem | ||
| 1/27/2022 | Listed for sale | $149,900 |
Source: MIBOR as distributed by MLS GRID #21744571 Report a problem | ||
| 12/7/2021 | Pending sale | $149,900 |
Source: MIBOR as distributed by MLS GRID #21744571 Report a problem | ||
| 10/7/2020 | Listed for sale | $149,900+899.3% |
Source: United Real Estate Indpls #21744571 Report a problem | ||
| 2/5/2015 | Sold | $15,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $368 -14.4% | $15,500 |
| 2024 | $430 -0.2% | $15,500 |
| 2023 | $431 -6.3% | $15,500 |
| 2022 | $460 +540.4% | $15,500 |
| 2021 | $72 -1.9% | $15,500 +400% |
| 2020 | $73 -0.9% | $3,100 |
| 2019 | $74 +12.2% | $3,100 |
| 2018 | $66 +2.2% | $3,100 |
| 2017 | $64 -5.6% | $3,100 |
| 2016 | $68 +37.3% | $3,100 +34.8% |
| 2014 | $50 -3.6% | $2,300 |
| 2013 | $52 | $2,300 |
| 2012 | $52 | $2,300 +360% |
| 2011 | -- | $500 |
| 2010 | $10 -2.6% | $500 |
| 2009 | $11 | $500 -98.9% |
| 2007 | -- | $47,000 +12.7% |
| 2006 | -- | $41,700 +102.4% |
| 2005 | -- | $20,600 |
| 2004 | -- | $20,600 |
| 2003 | -- | $20,600 +157.5% |
| 2002 | -- | $8,000 +199.6% |
| 2001 | -- | $2,670 |
| 2000 | -- | $2,670 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Martindale-Brightwood
Nearby schools
GreatSchools rating
- 4/10Center for Inquiry School 27Grades: PK-5Distance: 0.6 mi
- 3/10H.L. Harshman Magnet Middle SchoolGrades: 6-8Distance: 0.6 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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