Located at 2345 S Arlington Ave, Indianapolis, IN 46203, this 5-acre property offers exceptional potential for commercial development or investment. Zoned C1 (Office-Buffer Commercial District), this site is ideal for a variety of permitted uses, including professional offices, medical clinics, retail shops, personal services, childcare centers, and more-making it a versatile opportunity in a growing area. The property includes an 864 SF single-family home featuring 3 bedrooms, 1 bathroom, and a mini barn. Which could serve as temporary rental, office space, or on-site housing during development. With ample space for expansion and easy access to 465 and 74, this property is well-positioned for business use or redevelopment. Whether you're looking to establish a new commercial venture, build office space, or explore mixed-use possibilities, this site offers a strong foundation for future growth.
Active
$1,000,000
2345 S Arlington Ave, Indianapolis, IN 46203
--beds
--baths
5Acres
Unimproved Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Ample space for expansion
- 129 days |
- 97 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Halea Kopetsky 317-296-2647,
Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID,MLS#: 22025580
Facts & features
Property
Lot
- Size: 5 Acres
- Features: City, Mature Trees, Rectangle, Wooded
- Topography: Wooded
Details
- Additional structures: Barn(s), Tenant House
- Parcel number: 491023109003000700
- Zoning: C1
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water on Site
Community & HOA
Community
- Subdivision: Arlington
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $67,700
- Annual tax amount: $1,580
- Date on market: 3/19/2026
- Cumulative days on market: 496 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $1,000,000 |
Source:  MIBOR as distributed by MLS GRID #22025580 Report a problem | ||
| 3/7/2026 | Listing removed | $1,000,000 |
Source: MIBOR as distributed by MLS GRID #22025580 Report a problem | ||
| 11/18/2025 | Price change | $1,000,000-20% |
Source: MIBOR as distributed by MLS GRID #22025580 Report a problem | ||
| 7/8/2025 | Listed for sale | $1,250,000+177.8% |
Source: MIBOR as distributed by MLS GRID #22025580 Report a problem | ||
| 5/18/2021 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21764425 Report a problem | ||
| 2/3/2021 | Listed for sale | $450,000-9.8% |
Source: MIBOR as distributed by MLS GRID #21764425 Report a problem | ||
| 9/22/2020 | Listing removed | $499,000 |
Source: Tomorrow Realty, Inc. #21670529 Report a problem | ||
| 8/4/2020 | Listed for sale | $499,000 |
Source: Tomorrow Realty, Inc. #21670529 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,525 -3.5% | $67,700 +2.1% |
| 2024 | $1,580 +8.3% | $66,300 +3.3% |
| 2023 | $1,459 +0.7% | $64,200 +4.4% |
| 2022 | $1,449 +7.1% | $61,500 +3.9% |
| 2021 | $1,353 -0.8% | $59,200 +3.7% |
| 2020 | $1,365 -2.9% | $57,100 +2.1% |
| 2019 | $1,405 +7.9% | $55,900 -3.3% |
| 2018 | $1,302 -36.2% | $57,800 +2.3% |
| 2017 | $2,042 +71% | $56,500 +2.7% |
| 2016 | $1,194 -0.3% | $55,000 +6.8% |
| 2014 | $1,198 -1.9% | $51,500 +9.6% |
| 2013 | $1,221 | $47,000 -11.2% |
| 2012 | $1,221 | $52,900 +3.7% |
| 2011 | -- | $51,000 |
| 2010 | $1,134 +2.9% | $51,000 -2.1% |
| 2009 | $1,102 | $52,100 -3.5% |
| 2007 | -- | $54,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Southeast
Nearby schools
GreatSchools rating
- 5/10Lowell Elementary SchoolGrades: K-4Distance: 0.8 mi
- 4/10Raymond Park Middle School (7-8)Grades: 5-8Distance: 2.5 mi
- 2/10Warren Central High SchoolGrades: 9-12Distance: 5.2 mi
- $182,7003 bd-- ba1.6k sqft2338 S Arlington Ave, Indianapolis, IN 46203Off Market
- $---- bd-- ba-- sqft5970 Southeastern Ave, Indianapolis, IN 46203Off Market
- $156,2003 bd0 ba1.7k sqft2332 S Arlington Ave, Indianapolis, IN 46203Off Market
- $185,5003 bd2 ba1.7k sqft2332 S Arlington Ave, Indianapolis, IN 46203Off Market
- $366,500-- bd0 ba1.9k sqft6010 Southeastern Ave, Indianapolis, IN 46203Off Market
- $199,4002 bd1 ba1k sqft2315 S Arlington Ave, Indianapolis, IN 46203Off Market
- $81,5001.52 Acres5960 Southeastern Ave, Indianapolis, IN 46203Off Market
- $50,0003 bd-- ba1.6k sqft2322 S Arlington Ave, Indianapolis, IN 46203Sold
A local agent can set up tours, give advice and negotiate with sellers.
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