Active

$149,000

4459 Mann Rd, Indianapolis, IN 46221

--beds

--baths

4.94Acres

Unimproved Land, Residential Lots

Built in ----

4.94 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

4.94 acres of wooded residential development land zoned D-6II (Dwelling District Six II) located in Indianapolis. The D-6II zoning classification supports high-density residential development, including multifamily apartments, townhomes, and cluster-style housing configurations, making the site well suited for a variety of residential development concepts. The property is located in close proximity to I-465 (Exit 7 - Mann Rd), providing excellent regional access and positioning the site well for new residential development. This site presents a strong opportunity for developers and investors seeking multifamily residential land within Marion County.

127 days

348

17

Facts & features

Property

Lot

Size: 4.94 Acres
Features: Wooded

Details

Parcel number: 491131111020000200
Zoning: D6-II (Multifamily Use)
Zoning description: Multi-Fam
Horse amenities: None

Utilities & green energy

Sewer: Other
Water: Other

Community & HOA

Community

Subdivision: No Subdivision

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $46,700
Annual tax amount: $1,044
Date on market: 3/31/2026
Cumulative days on market: 129 days
Listing terms: Other
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/31/2026	Listed for sale	$149,000+181.1%
Source: MIBOR as distributed by MLS GRID #22092415 Report a problem
9/15/2011	Sold	$53,000-66%
Source: Public Record Report a problem
11/18/2002	Sold	$155,900+22.3%
Source: MIBOR as distributed by MLS GRID #2229358 Report a problem
2/26/2001	Sold	$127,500
Source: MIBOR as distributed by MLS GRID #2044709 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,043 -26.8%	$46,700
2024	$1,426 -1.6%	$46,700
2023	$1,449 -5.7%	$46,700
2022	$1,536 +1%	$46,700
2021	$1,521 -1%	$46,700
2020	$1,536 +0.8%	$46,700
2019	$1,524 -52.6%	$46,700
2018	$3,215 +35.7%	$46,700
2017	$2,370 +55.2%	$46,700
2016	$1,527 -0.2%	$46,700
2014	$1,531	$46,700
2013	--	$46,700 -61.7%
2012	--	$121,900 +105.6%
2002	--	$59,300 +200.1%
2001	--	$19,760
2000	--	$19,760

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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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Climate risks

Neighborhood: Mars Hill

Getting around

21 / 100

Car-Dependent

0 / 100

No Nearby Transit

35 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

2/10
Liberty Early Elementary School
Grades: PK-6Distance: 1.1 mi
3/10
Decatur Middle School
Grades: 7-8Distance: 2.1 mi
3/10
Decatur Central High School
Grades: 9-12Distance: 2.1 mi

Schools provided by the listing agent

Middle: Decatur Middle School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.