Rare redevelopment opportunity featuring TWO parcels included in the sale! This property offers both an existing home and an adjacent vacant lot, creating multiple possibilities for investors, builders, and visionaries looking to capitalize on an area experiencing significant revitalization. Surrounded by renovated homes and new construction, this property is positioned in a neighborhood where redevelopment activity continues to gain momentum. Whether you're considering a full renovation, new construction, expanding the existing footprint, or holding for future appreciation, the included vacant lot adds flexibility and value that is difficult to find. The home is currently vacant and requires substantial repairs and updates. Utilities are not active, and the property is being sold as-is. Buyers should exercise caution when touring the home and bring a flashlight, as electricity is not available. Opportunities like this-with an existing structure and an additional buildable lot-are increasingly rare. Explore the possibilities and unlock the potential of this unique investment property. Each lot is 40x110.
37 days
|
125
|
7
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Denis O'Brien317-345-0785,
Keller Williams Indy Metro Partners,
Sharif Horton,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22109100
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Primary bedroom
Level: Main
Area: 132 Square Feet
Dimensions: 11x12
Bedroom 2
Level: Main
Area: 132 Square Feet
Dimensions: 11x12
Dining room
Level: Main
Area: 132 Square Feet
Dimensions: 11x12
Kitchen
Level: Main
Area: 132 Square Feet
Dimensions: 11x12
Living room
Features: Other
Level: Main
Area: 154 Square Feet
Dimensions: 11x14
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Included: None
Features
Attic Stairway
Basement: Full,Interior Entry
Attic: Permanent Stairs
Interior area
Total structure area: 2,424
Total interior livable area: 2,424 sqft
Finished area below ground: 0
Property
Parking
Parking features: On Street
Accessibility
Accessibility features: Accessible Approach with Ramp
Features
Levels: One and One Half
Stories: 1
Patio & porch: Covered
Lot
Size: 8,712 Square Feet
Features: Access, Sidewalks
Details
Parcel number: 491007196055000101
Special conditions: As Is,Needs Updating
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Residential, Single Family Residence
Materials
Aluminum Siding
Foundation: Full
Condition
New construction: No
Year built: 1930
Utilities & green energy
Water: Public
Community & HOA
Community
Subdivision: Parkside
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $54/sqft
Tax assessed value: $65,900
Annual tax amount: $1,384
Date on market: 6/19/2026
Cumulative days on market: 431 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/20/2026
Price change
$130,000-18.8%$54/sqft
Source: MIBOR as distributed by MLS GRID #22109100Report a problem
6/19/2026
Listed for sale
$160,000-11.1%$66/sqft
Source: MIBOR as distributed by MLS GRID #22109100Report a problem
5/30/2026
Listing removed
$180,000$74/sqft
Source: MIBOR as distributed by MLS GRID #22033965Report a problem
3/9/2026
Listed for sale
$180,000$74/sqft
Source: MIBOR as distributed by MLS GRID #22033965Report a problem
2/28/2026
Listing removed
$180,000$74/sqft
Source: MIBOR as distributed by MLS GRID #22033965Report a problem
1/15/2026
Price change
$180,000-12.2%$74/sqft
Source: MIBOR as distributed by MLS GRID #22033965Report a problem
8/13/2025
Price change
$205,000-2.4%$85/sqft
Source: MIBOR as distributed by MLS GRID #22033965Report a problem
6/13/2025
Price change
$210,000-4.5%$87/sqft
Source: MIBOR as distributed by MLS GRID #22033965Report a problem
4/22/2025
Listed for sale
$220,000+450%$91/sqft
Source: MIBOR as distributed by MLS GRID #22033965Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.