557 Lynn St, Indianapolis, IN 46222

--beds

--baths

4,356Square Feet

Unimproved Land, Residential Lots

Built in ----

4,356 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Blank-canvas parcelEnveloped in neighborhoods

Step into one of Indianapolis's most promising transformation zones. This blank-canvas parcel at 557 Lynn Street (ZIP 46222) sits quietly today - but its potential resonates. Just minutes from downtown, enveloped in neighborhoods primed for reinvestment, and within the reach of city programs like Vacant to Vibrant, this lot offers developers the rare chance to insert value from day one.

338 days
13
0

Facts & features

Property

Lot

Size: 4,356 Square Feet
Features: City
Topography: Cleared,Level

Details

Parcel number: 491103111082000101
Zoning: D5
Zoning description: Single Family
Horse amenities: None

Utilities & green energy

Water: Municipal Water Near By

Community & HOA

Community

Subdivision: Merritt Place

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $3,300
Annual tax amount: $78
Date on market: 9/25/2025
Cumulative days on market: 340 days
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/2/2026	Price change	$25,500-15%
Source: MIBOR as distributed by MLS GRID #22064873 Report a problem
9/25/2025	Listed for sale	$29,999
Source: MIBOR as distributed by MLS GRID #22064873 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$78 -14.4%	$3,300
2024	$92 -0.2%	$3,300
2023	$92 -6.3%	$3,300
2022	$98 +0.2%	$3,300
2021	$98 -1.8%	$3,300
2020	$99 -3%	$3,300
2019	$103 +46.4%	$3,300
2018	$70 +2.2%	$3,300
2017	$69 -5.7%	$3,300
2016	$73 +1.9%	$3,300
2014	$71 -3.6%	$3,300
2013	$74	$3,300
2012	$74	$3,300 -49.2%
2011	--	$6,500
2010	$135 -2.5%	$6,500
2009	$139	$6,500
2007	--	$6,500