This is a 3.45-acre development opportunity offered as a packaged sale of two parcels conveyed together at closing, located minutes from the I-465 & Mann Rd interchange on Indianapolis' southwest side, consisting of 2.34 acres zoned C-3 Commercial and an adjacent 1.11-acre parcel zoned D6II for high-density multifamily residential development. The C-3 parcel supports a wide range of retail, service, and office uses, while the adjacent multifamily parcel provides flexibility for residential or mixed-use development configurations. The site features flat topography, utilities available on or near site, and is located outside the FEMA floodplain. Mann Road carries approximately 10,016 vehicles per day (2025 AADT) and provides strong connectivity to I-465 and surrounding residential growth corridors.
164 days
|
127
|
4
|
Zillow last checked:
Listing updated:
Listed by:
Jaskaran Jossan317-599-2643,
Keller Williams Indy Metro Partners,
James Storey,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22079918
Facts & features
Property
Lot
Size: 3.45 Acres
Topography: Level
Details
Additional parcels included: 491131112007.000200
Parcel number: 491131112005000200
Zoning: C-3, D6-II
Zoning description: Commercial,Multi-Fam
Special conditions: As Is
Horse amenities: None
Utilities & green energy
Sewer: Other
Water: Other
Community & HOA
Community
Subdivision: No Subdivision
Location
Region: Indianapolis
Financial & listing details
Annual tax amount: $4,694
Date on market: 2/23/2026
Cumulative days on market: 172 days
Listing terms: Other
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
3/31/2026
Price change
$279,000-20.1%
Source: MIBOR as distributed by MLS GRID #22079918Report a problem
2/23/2026
Listed for sale
$349,000
Source: MIBOR as distributed by MLS GRID #22079918Report a problem
1/20/2026
Listing removed
$349,000
Source: MIBOR as distributed by MLS GRID #22079918Report a problem
1/13/2026
Listed for sale
$349,000
Source: MIBOR as distributed by MLS GRID #22079918Report a problem
Public tax history
Tax history is unavailable.
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.
See how much you could borrow to make a competitive offer.
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.