Unlock Prime Potential on 2.77 Acres Near I-465 - 3731 Wellington Ave, Indianapolis, IN 46226. Strategically positioned just moments from the I-465 and Pendleton Pike interchange, this 2.77-acre parcel in Marion County's Warren Township offers an exceptional opportunity for developers, investors, or visionaries seeking affordable land with strong long-term potential. Surrounded by a blend of residential and commercial developments, this site stands out for its rare proximity to a major interstate, offering high visibility and excellent accessibility-a true asset in a land-constrained corridor. Priced to sell, this property provides a cost-effective entry point into the Indianapolis market. Whether you're envisioning multifamily housing, a small commercial development, or a mixed-use concept, this location supports a variety of possibilities. Rezoning will be required to suit the buyer's intended use, offering flexibility to tailor the land to your vision. Prime Location: Nestled in the quiet cul-de-sac of the Glicks Franklin subdivision, yet minutes from schools, shopping, and major arteries. Development Ready: Finished lot with level topography-ideal for efficient construction. Utilities: Electric nearby; water and sewer connections will need to be established, providing the opportunity for customized infrastructure. Investment Upside: Limited land availability near I-465 enhances long-term value. Don't miss this chance to capitalize on a rare offering in a rapidly evolving area. With strong visibility, growth potential, and a highly accessible location, 3731 Wellington Ave is ready for your next big move.
418 days
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24
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Zillow last checked:
Listing updated:
Listed by:
Annie Scott317-902-8622,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22044595
Facts & features
Property
Lot
Size: 2.77 Acres
Features: Cul-de-Sac
Topography: Pasture
Details
Parcel number: 490724108052000701
Zoning: D-5
Zoning description: Other
Horse amenities: None
Utilities & green energy
Water: Not Applic
Community & HOA
Community
Subdivision: Glicks Franklin Rd Add
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $16,000
Date on market: 6/12/2025
Cumulative days on market: 320 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
10/28/2025
Pending sale
$118,000
Source: MIBOR as distributed by MLS GRID #22044595Report a problem
6/12/2025
Listed for sale
$118,000-0.1%
Source: MIBOR as distributed by MLS GRID #22044595Report a problem
10/23/2024
Listing removed
$118,114-32.5%
Source: MIBOR as distributed by MLS GRID #22000781Report a problem
9/12/2024
Listed for sale
$175,000
Source: MIBOR as distributed by MLS GRID #22000781Report 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.
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