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!
Active
Price cut: $100K (5/18)
$3,375,000
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
- 121 days |
- 295 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Bif Ward 317-590-7871,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22091066
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: 122 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
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 | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Williams Creek
Nearby schools
GreatSchools rating
- 3/10Greenbriar Elementary SchoolGrades: K-5Distance: 1.8 mi
- 5/10Northview Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10North Central High SchoolGrades: 9-12Distance: 1.3 mi
- $123,1000.743 Acres550 Forest Blvd, Indianapolis, IN 46240Off Market
- $2,943,6006 bd7 ba5.3k sqft540 Forest Blvd, Indianapolis, IN 46240Off Market
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- $46,800-- bd-- ba-- sqft608 Forest Blvd, Indianapolis, IN 46240Off Market
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- $2,996,8005 bd7 ba9k sqft510 Forest Blvd, Indianapolis, IN 46240Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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