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  • $24,900

    4506 W Caven St, Indianapolis, IN 46241

    --beds
    --baths
    5,227Square Feet
    Unimproved Land, Residential Lots
    Built in ----
    5,227 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare opportunity to acquire a nine-lot residential infill package in an established Indianapolis neighborhood. The offering includes five adjoining vacant lots that create a strong foundation for a coordinated new-construction project, plus four additional nearby homesites along the same street that add flexibility for individual builds, phased construction, or future resale. This is an ideal opportunity for a builder, developer, or investor to secure multiple buildable lots in one transaction without the cost and timeline of a large raw-land development. Surrounded by existing homes and conveniently located near major roadways, downtown Indianapolis, Indianapolis International Airport, and west-side employment centers, the package is well positioned for attainable new housing. A flexible, ready-to-plan land opportunity for a buyer looking to add meaningful scale to their next Indianapolis build.
    9 days
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    15
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Crouch 317-514-7959,

    Crossroads Realty, LLC,

    Matthew Crouch

    Source: MIBOR as distributed by MLS GRID,MLS#: 22113116MLS Logo

      Facts & features

      Property

      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 491118103046000900
      • Zoning: D5
      • Zoning description: Single Family
      • Horse amenities: None

      Utilities & green energy

      • Water: Not Applic

      Community & HOA

      Community
      • Subdivision: Drexel Gardens
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $4,600
      • Annual tax amount: $108
      • Date on market: 7/9/2026
      • Cumulative days on market: 11 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/9/2026Listed for sale$24,900+2921.8%
        Source: MIBOR as distributed by MLS GRID #22113116 Report a problem
        3/13/2012Sold$824
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$108 -29.9%$4,600
        2024$154 $4,600
        2023$154 +24.1%$4,600
        2022$124 +0%$4,600
        2021$124 0%$4,600
        2020$124 +14.9%$4,600
        2019$108 -52.4%$4,600
        2018$227 +31.2%$4,600
        2017$173 +60%$4,600
        2016$108 +17.5%$4,600
        2014$92 0%$4,600
        2013$92 $4,600
        2012$92 $4,600 -20.7%
        2011-- $5,800
        2010$116 $5,800
        2009$116 $5,800
        2007-- $5,800
        Find assessor info on the county website

        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.

        Climate risks

        Neighborhood: Stout Field

        Getting around

        23 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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