Build Your Dream Home on 4.36 Acres in Franklin Township! Discover a rare opportunity to own 4.36 acres of buildable land in the highly desirable Franklin Township School District. This private, mostly clear and level lot offers a serene setting tucked away from the road, yet remains just minutes from I-465 and I-74 - providing easy access to downtown Indianapolis, Greenwood, and major commuter routes. No HOA, no covenants or restrictions - bring your own builder and design the home, outbuildings, or mini-estate you've always envisioned. With plenty of space for a custom residence, detached garage, barn, garden, or even animals, the possibilities are endless. See supplements for proposed build and additional information!
285 days
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325
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21
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Zillow last checked:
Listing updated:
Listed by:
Diana McGlothlin317-987-7567,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22065949
Facts & features
Property
Lot
Size: 4.36 Acres
Features: Mature Trees, Rectangle
Topography: Cleared,Level,Wooded
Details
Additional structures: Equipment Shed
Parcel number: 491512115006000300
Zoning: SFR
Zoning description: Single Family
Horse amenities: None
Utilities & green energy
Sewer: See Remarks
Water: See Remarks
Community & HOA
Community
Subdivision: No Subdivision
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $30,400
Annual tax amount: $608
Date on market: 10/8/2025
Cumulative days on market: 287 days
Listing terms: 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
7/9/2026
Pending sale
$240,000
Source: MIBOR as distributed by MLS GRID #22065949Report a problem
10/8/2025
Listed for sale
$240,000
Source: MIBOR as distributed by MLS GRID #22065949Report a problem
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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.