426 E 16th St, Indianapolis, IN 46202

--beds

--baths

0.4Acres

Unimproved Land

Built in ----

0.4 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

High-visibility high-traffic areaStrong walkability

Prime development opportunity located at the corner of 16th Street and Central Avenue in the highly desirable Herron-Morton Place Historic District of Downtown Indianapolis. Positioned in a high-visibility, high-traffic area with strong walkability, this site offers excellent access to Mass Ave & The Bottleworks District as well as many other Downtown attractions. At this price and location, this property is an ideal opportunity for investors or developers looking to bring a unique vision to one of the city's most vibrant and growing neighborhoods!

363 days

33

1

Facts & features

Property

Lot

Size: 0.4 Acres
Features: City, Corner
Topography: Cleared,Level

Details

Parcel number: 490636158212000101
Zoning: C3
Zoning description: Commercial
Special conditions: Historic District,Other
Horse amenities: None

Utilities & green energy

Sewer: Other
Water: Other

Community & HOA

Community

Subdivision: Allen & Roots North

Location

Region: Indianapolis

Financial & listing details

Annual tax amount: $1,566
Date on market: 7/12/2025
Cumulative days on market: 366 days
Road surface type: Asphalt, Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/1/2026	Price change	$395,000-7.1%
Source: MIBOR as distributed by MLS GRID #22049621 Report a problem
1/23/2026	Price change	$425,000-10.5%
Source: MIBOR as distributed by MLS GRID #22049621 Report a problem
7/12/2025	Listed for sale	$475,000
Source: MIBOR as distributed by MLS GRID #22049621 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified