Surrounded by established neighborhoodsShovel-ready site
Exceptional development opportunity on 1.55 acres in desirable West Indianapolis! Ideally located just minutes from W. 56th Street, Georgetown Road, I-465, Park 100, major employers, shopping, dining, and entertainment. Zoned D6 residential with potential for single-family development, subdivision opportunities, or other residential uses subject to applicable approvals. This shovel-ready site offers outstanding potential for builders, developers, and investors seeking a well-positioned property in a growing area. No HOA restrictions. Surrounded by established neighborhoods and convenient access to downtown Indianapolis and major transportation corridors. Rare opportunity to acquire a prime development site with significant upside potential. Bring your vision and capitalize on this exceptional investment opportunity.
52 days
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150
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16
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Zillow last checked:
Listing updated:
Listed by:
Olanrewaju Azeez317-650-0636,
The Modglin Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22107352
Facts & features
Property
Lot
Size: 1.55 Acres
Features: Access, Corner Lot, Not In Subdivision, Zoned, City, Corner, Rectangle, Water Acces
Topography: Level
Details
Parcel number: 490606119006000600
Zoning: Residential D6
Horse amenities: None
Utilities & green energy
Water: Municipal Water on Site
Community & HOA
Community
Features: Low Maintenance Lifestyle
Subdivision: No Subdivision
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Annual tax amount: $2,778
Date on market: 6/11/2026
Cumulative days on market: 53 days
Listing terms: Will Divide,Other
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/11/2026
Listed for sale
$225,000
Source: MIBOR as distributed by MLS GRID #22107352Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.