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.
Active
$49,900
4622 W Caven St, Indianapolis, IN 46241
--beds
--baths
9,147Square Feet
Unimproved Land, Residential Lots
Built in ----
9,147 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 50 days
- 38
- 1
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#: 22113145
Facts & features
Property
Lot
- Size: 9,147 Square Feet
- Features: Corner
Details
- Parcel number: 491118103145000900
- Zoning: D5
- Zoning description: Single Family
- Horse amenities: None
Utilities & green energy
- Sewer: See Remarks
- Water: See Remarks
Community & HOA
Community
- Subdivision: Drexel Gardens
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $6,700
- Annual tax amount: $158
- Date on market: 7/9/2026
- Cumulative days on market: 51 days
- Listing terms: See Remarks
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $49,900-75% |
Source: | ||
| 11/22/2025 | Listing removed | $200,000 |
Source: | ||
| 3/18/2025 | Listed for sale | $200,000+2812.5% |
Source: | ||
| 6/29/2011 | Sold | $6,867 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $157 -29.8% | $6,700 |
| 2024 | $224 0% | $6,700 |
| 2023 | $224 -9.5% | $6,700 |
| 2022 | $248 +0% | $6,700 |
| 2021 | $248 0% | $6,700 |
| 2020 | $248 +10.5% | $6,700 |
| 2019 | $224 -52.4% | $6,700 |
| 2018 | $471 +31.3% | $6,700 |
| 2017 | $359 +60% | $6,700 |
| 2016 | $224 +11.7% | $6,700 |
| 2014 | $201 +50% | $6,700 |
| 2013 | $134 | $6,700 |
| 2012 | $134 | $6,700 -20.2% |
| 2011 | -- | $8,400 |
| 2010 | $168 0% | $8,400 |
| 2009 | $168 | $8,400 -86.9% |
| 2007 | -- | $64,000 +8.1% |
| 2005 | -- | $59,200 |
| 2004 | -- | $59,200 |
| 2003 | -- | $59,200 +221.7% |
| 2002 | -- | $18,400 +200.2% |
| 2001 | -- | $6,130 |
| 2000 | -- | $6,130 |
Find assessor info on the county website



