540 & 550 Forest Blvd, Indianapolis, IN 46240

--beds

--baths

1.51Acres

Unimproved Land, Residential Lots

Built in ----

1.51 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Surrounded by mature treesTranquil scenery

An exceptional opportunity to build your dream estate in the heart of prestigious Williams Creek. This rare offering combines 540 and 550 Forest Blvd, totaling 1.51 acres of beautifully wooded land in one of Indianapolis' most sought-after neighborhoods. Surrounded by mature trees and tranquil scenery, the property offers both privacy and convenience, just minutes from premier shopping, dining, and top-rated schools. One of the only lots available in this neighborhood!

170 days
254
12

Facts & features

Property

Lot

Size: 1.51 Acres
Features: Mature Trees, Trees-Small (Under 20 Ft), Small Trees
Topography: Cleared,Hilly,Level

Details

Additional structures: None
Parcel number: 490323122173000817
Zoning: Residential
Zoning description: Single Family
Horse amenities: None

Utilities & green energy

Water: Municipal Water Near By

Community & HOA

Community

Subdivision: Williams Creek Estates Meridian Hills

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Annual tax amount: $46,232
Date on market: 3/24/2026
Cumulative days on market: 172 days
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/18/2026	Price change	$3,375,000-2.9%
Source: MIBOR as distributed by MLS GRID #22091066 Report a problem
3/24/2026	Listed for sale	$3,475,000
Source: MIBOR as distributed by MLS GRID #22091066 Report a problem
11/27/2025	Listing removed	$3,475,000
Source: MIBOR as distributed by MLS GRID #22056767 Report a problem
8/15/2025	Listed for sale	$3,475,000
Source: MIBOR as distributed by MLS GRID #22056767 Report a problem