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. The seller intends to convey by Quitclaim Deed.
Active
$15,000
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
- 7 hours |
- 26 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Kala Majors 317-515-2203,
Keller Williams Indy Metro NE,
Corey Dawkins,
Keller Williams Indy Metro NE
Source: MIBOR as distributed by MLS GRID,MLS#: 22122433
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: 2 days
- Listing terms: See Remarks
- Road surface type: Asphalt, Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Martindale-Brightwood
Nearby schools
GreatSchools rating
- 4/10Arlington Woods School 99Grades: PK-6Distance: 0.4 mi
- 10/10H.L. Harshman Magnet Middle SchoolGrades: 6-8Distance: 2.7 mi
- 2/10Arsenal Technical High SchoolGrades: 9-12Distance: 3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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