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!
Active
$395,000
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
- 416 days
- 23
- 0
Zillow last checked:
Listing updated:
Listed by:
Tommy Johnson 812-525-2886,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22049621
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: 419 days
- Road surface type: Asphalt, Concrete
Estimated market value
Not available
Estimated sales range
Not available
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
Climate risks
Neighborhood: Near Northside
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