This development site, located at the intersection of Fairfield and College Avenue, presents a strong opportunity to establish a high visibility presence near the heart of downtown Indianapolis. Positioned within a rapidly growing corridor, the property is well suited for a multifamily development that aligns with the city's rising demand for urban density and modern residential living.
Active
Price cut: $15K (7/16)
$90,000
722 Fairfield Ave, Indianapolis, IN 46205
--beds
--baths
8,712Square Feet
Unimproved Land
Built in ----
8,712 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 76 days |
- 44 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Justin Lowe 765-401-1122,
Ellsbury Group,
David Orton 317-412-1572,
Ellsbury Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22100661
Facts & features
Property
Lot
- Size: 8,712 Square Feet
- Features: City
- Topography: Cleared
Details
- Parcel number: 490624161038000101
- Zoning: D-8
- Zoning description: Multi-Fam
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water on Site
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $14,100
- Annual tax amount: $392
- Date on market: 5/7/2026
- Cumulative days on market: 78 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $90,000-14.3% |
Source:  MIBOR as distributed by MLS GRID #22100661 Report a problem | ||
| 5/7/2026 | Listed for sale | $105,000+90.9% |
Source: MIBOR as distributed by MLS GRID #22100661 Report a problem | ||
| 8/28/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21890319 Report a problem | ||
| 7/26/2023 | Price change | $54,9980% |
Source: MIBOR as distributed by MLS GRID #21890319 Report a problem | ||
| 6/19/2023 | Price change | $54,9990% |
Source: MIBOR as distributed by MLS GRID #21890319 Report a problem | ||
| 6/6/2023 | Price change | $55,000-8.3% |
Source: MIBOR as distributed by MLS GRID #21890319 Report a problem | ||
| 5/6/2023 | Price change | $59,999-7.7% |
Source: MIBOR as distributed by MLS GRID #21890319 Report a problem | ||
| 1/16/2023 | Price change | $65,000-7% |
Source: MIBOR as distributed by MLS GRID #21890319 Report a problem | ||
| 11/15/2022 | Price change | $69,900-12.5% |
Source: MIBOR as distributed by MLS GRID #21890319 Report a problem | ||
| 10/27/2022 | Listed for sale | $79,900+59.8% |
Source: MIBOR as distributed by MLS GRID #21890319 Report a problem | ||
| 6/25/2021 | Sold | $50,000-13.8% |
Source: Public Record Report a problem | ||
| 2/10/2021 | Price change | $58,000-7.9% |
Source: MIBOR as distributed by MLS GRID #21722080 Report a problem | ||
| 2/7/2021 | Price change | $63,000-1.6% |
Source: MIBOR as distributed by MLS GRID #21722080 Report a problem | ||
| 1/28/2021 | Price change | $64,000-1.5% |
Source: MIBOR as distributed by MLS GRID #21722080 Report a problem | ||
| 6/30/2020 | Listed for sale | $65,000-27.8% |
Source: Partnered Property Management #21722080 Report a problem | ||
| 3/16/2020 | Sold | $90,000+80% |
Source: Public Record Report a problem | ||
| 7/6/2015 | Sold | $50,000+254% |
Source: Public Record Report a problem | ||
| 6/22/2011 | Sold | $14,125 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $393 +21.7% | $14,100 |
| 2024 | $323 -0.1% | $14,100 +16.5% |
| 2023 | $323 +5.2% | $12,100 |
| 2022 | $307 -74.4% | $12,100 +10% |
| 2021 | $1,199 +4.5% | $11,000 -77.8% |
| 2020 | $1,147 -60.4% | $49,500 +1.9% |
| 2019 | $2,898 +151.7% | $48,600 |
| 2018 | $1,151 -61.6% | $48,600 +1% |
| 2017 | $2,997 +26.2% | $48,100 +4.3% |
| 2016 | $2,374 +6.4% | $46,100 -55.3% |
| 2014 | $2,231 +29.4% | $103,200 +42.9% |
| 2010 | $1,724 -0.2% | $72,200 |
| 2009 | $1,728 | $72,200 |
| 2007 | -- | $72,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Mapleton-Fall Creek
Nearby schools
GreatSchools rating
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1.4 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.7 mi
- 4/10Center for Inquiry School 27Grades: PK-5Distance: 2 mi
- $162,1003 bd1 ba1k sqft918 Fairfield Ave, Indianapolis, IN 46205Off Market
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- $272,5003 bd2 ba2.1k sqft910 Fairfield Ave, Indianapolis, IN 46205Sold
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A local agent can set up tours, give advice and negotiate with sellers.
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