Survey Complete!!! Prime Development Opportunity with road frontage on Raceway and Tansel Road! Don't miss this unique chance to own a property with valuable street frontage along Raceway Rd-perfect for land developers and visionaries. Property Highlights: Currently zoned DA (3-acre lots per build) Potential rezoning to D1 or DS, allowing for 1/2 to 1-acre lots (per city planner) Currently recommended for Rural or Estate Neighborhood Development under the Marion County Comprehensive Plan (2019 Land Use Plan Pattern Book) Endless Possibilities: Estate Homes, Retail Development, Custom Builds. This is a rare opportunity to bring your vision to life in a high-demand area with flexible potential.Final taxes and legal description tbd. Please schedule property walk through Broker Bay. Do not disturb seller. Pre approval or proof of funds required prior to touring. New address pending per new survey. Due to this, taxes and description do not currently match city information. Taxes tbd on new lot. Buyer to used due diligence in verifying and researching the property can be used for buyers intended purposes.
Active
$1,800,000
4080 Tansel Rd, Indianapolis, IN 46234
--beds
--baths
15.15Acres
Unimproved Land, Farm
Built in ----
15.15 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 294 days |
- 156 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Kris Strohmeyer-Lett 317-500-1501,
BluPrint Real Estate Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22066458
Facts & features
Property
Lot
- Size: 15.15 Acres
- Features: Access, Corner Lot, Not In Subdivision, Wooded, Corner, Creek On Property, Mature Trees
- Topography: Cleared,Stream,Varied,Wooded
Details
- Parcel number: 490516116001000600
- Zoning: DA
- Zoning description: Agricultur
- Special conditions: As Is,Defects/None Noted
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $356,800
- Annual tax amount: $5,558
- Date on market: 10/13/2025
- Cumulative days on market: 295 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Price change | $1,800,000-8% |
Source:  MIBOR as distributed by MLS GRID #22066458 Report a problem | ||
| 10/13/2025 | Listed for sale | $1,956,250 |
Source: MIBOR as distributed by MLS GRID #22066458 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,558 -2.4% | $356,800 -1.7% |
| 2024 | $5,696 -4.3% | $362,800 +1.8% |
| 2023 | $5,949 +18.5% | $356,300 -4% |
| 2022 | $5,018 +4.7% | $371,200 +22.6% |
| 2021 | $4,794 -0.8% | $302,800 +4.6% |
| 2020 | $4,835 +0.9% | $289,400 -0.2% |
| 2019 | $4,793 -1.9% | $290,100 +2.5% |
| 2018 | $4,888 -31.5% | $282,900 -1.4% |
| 2017 | $7,139 +53% | $286,800 +6.2% |
| 2016 | $4,665 +4.7% | $270,100 +3.1% |
| 2014 | $4,457 +1.6% | $262,000 +1.9% |
| 2013 | $4,389 | $257,100 -3.3% |
| 2012 | $4,389 | $265,900 -5.9% |
| 2011 | -- | $282,700 -2.9% |
| 2010 | $4,343 +9.4% | $291,100 +7.3% |
| 2009 | $3,969 | $271,200 -10.4% |
| 2007 | -- | $302,800 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Clermont
Nearby schools
GreatSchools rating
- 5/10Deer Run Elementary SchoolGrades: K-5Distance: 3.2 mi
- 3/10Guion Creek Middle SchoolGrades: 6-8Distance: 4.7 mi
- 4/10Pike High SchoolGrades: 9-12Distance: 5 mi
- $343,4003 bd2 ba1.8k sqft9026 Lincolncreek Cir, Indianapolis, IN 46234Off Market
- $330,0004 bd1 ba1.6k sqft4101 Tansel Rd, Indianapolis, IN 46234Off Market
- $344,8003 bd0 ba1.7k sqft9102 Log Run Dr N, Indianapolis, IN 46234Off Market
- $363,1003 bd1 ba2.7k sqft9108 Log Run Nd, Indianapolis, IN 46234Off Market
- $284,9003 bd1 ba1.6k sqft9025 Lincolncreek Cir, Indianapolis, IN 46234Off Market
- $332,6003 bd0 ba1.9k sqft9114 Log Run Dr N, Indianapolis, IN 46234Off Market
- $294,2003 bd3 ba1.6k sqft4025 Tansel Rd, Indianapolis, IN 46234Off Market
- $342,6004 bd2 ba1.6k sqft9120 Log Run Dr N, Indianapolis, IN 46234Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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