2940 N Chester Ave, Indianapolis, IN 46218

--beds

--baths

7,405Square Feet

Unimproved Land, Residential Lots

Built in ----

7,405 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Residentially zoned vacant lot

Prime residential development opportunity for builders and investors! This residentially zoned vacant lot offers the potential to build a duplex and already has access to water, sewer, gas, and electricity, helping position the property for future development. Ideal for an investor looking to build and hold, develop for rental income, or explore a larger multi-family project. Seller intends to convey the property by Quitclaim Deed. Buyer is encouraged to perform all desired due diligence regarding title and title insurability before closing. Buyer to independently verify zoning, utilities, permitted density, lot dimensions, ability to combine parcels, and intended use with the appropriate governmental authorities.

48 days
183
32

Facts & features

Property

Lot

Size: 7,405 Square Feet
Features: City

Details

Parcel number: 490728121216000101
Zoning: F-9
Zoning description: Multi-Fam
Horse amenities: None

Utilities & green energy

Water: Public, Municipal Water on Site

Community & HOA

Community

Subdivision: Brightwood

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $4,100
Annual tax amount: $882
Date on market: 8/26/2026
Cumulative days on market: 41 days
Listing terms: See Remarks
Road surface type: Asphalt, Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/8/2026	Price change	$12,000-20%
Source: MIBOR as distributed by MLS GRID #22122433 Report a problem
8/26/2026	Listed for sale	$15,000+508.5%
Source: MIBOR as distributed by MLS GRID #22122433 Report a problem
3/13/2024	Sold	$2,465-54.2%
Source: Public Record Report a problem
4/11/2018	Sold	$5,377-58.6%
Source: Public Record Report a problem
2/16/2006	Sold	$13,000-38.1%
Source: MIBOR as distributed by MLS GRID #2559555 Report a problem
8/16/2005	Sold	$21,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$97 +0%	$4,100
2024	$97 +0.5%	$4,100
2023	$97 +2.4%	$4,100
2022	$95 +51.2%	$4,100
2021	$63 -1.9%	$4,100 +51.9%
2020	$64 -0.9%	$2,700
2019	$64 -99.4%	$2,700
2018	$9,902 +17.6%	$2,700
2017	$8,423 +14065.5%	$2,700
2016	$59 +1.8%	$2,700
2014	$58 -85.7%	$2,700
2013	$408	$2,700 -85.2%
2012	$408	$18,200 -7.1%
2011	--	$19,600
2010	$407 -2.5%	$19,600
2009	$418	$19,600 -8%
2007	--	$21,300 -4.1%
2005	--	$22,200
2004	--	$22,200