Spacious 4.68 acres vacant canvas in a highly desirable area of Franklin Township in Indianapolis! Nestled in a peaceful setting while still offering easy access to major highways, schools, shopping, and dining, this lot is ready for your vision. Currently zoned D-5, DP residential.Could have 1 to 4 homes on property or could be developed by a builder and have multiple homes on the site. Located on main road to get back to the property. Utilities/lateral are already in place at the street and onto the property.
Active
$240,000
7545 E Troy Ave, Indianapolis, IN 46239
--beds
--baths
4.68Acres
Unimproved Land, Residential Lots
Built in ----
4.68 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Located on main road
- 181 days |
- 164 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Charmaine Sanders 317-529-1899,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22080934
Facts & features
Property
Lot
- Size: 4.68 Acres
- Features: Rectangle, Rural, Wooded
- Topography: Cleared,Pasture
Details
- Additional structures: None
- Parcel number: 491025128118000300
- Zoning: Residential
- Zoning description: Single Family
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $35,100
- Annual tax amount: $702
- Date on market: 1/21/2026
- Cumulative days on market: 182 days
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Listed for sale | $240,000+37.1% |
Source:  MIBOR as distributed by MLS GRID #22080934 Report a problem | ||
| 5/12/2025 | Sold | $175,000-30% |
Source: MIBOR as distributed by MLS GRID #22020357 Report a problem | ||
| 4/11/2025 | Pending sale | $250,000 |
Source: MIBOR as distributed by MLS GRID #22020357 Report a problem | ||
| 2/2/2025 | Listed for sale | $250,000+108.3% |
Source: MIBOR as distributed by MLS GRID #22020357 Report a problem | ||
| 9/2/2021 | Sold | $120,000+41.2% |
Source: MIBOR as distributed by MLS GRID #21767464 Report a problem | ||
| 8/7/2019 | Sold | $85,000-8.5% |
Source: MIBOR as distributed by MLS GRID #21566378 Report a problem | ||
| 7/8/2019 | Pending sale | $92,900 |
Source: RE/MAX At The Crossing #21566378 Report a problem | ||
| 6/24/2019 | Price change | $92,900-15.9% |
Source: RE/MAX At The Crossing #21566378 Report a problem | ||
| 9/26/2018 | Listed for sale | $110,400 |
Source: RE/MAX At The Crossing #21566378 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $702 -18.9% | $35,100 |
| 2024 | $866 -9.8% | $35,100 |
| 2023 | $960 -5.8% | $35,100 |
| 2022 | $1,020 +18.2% | $35,100 |
| 2021 | $863 +9.3% | $35,100 +19.8% |
| 2020 | $789 +0% | $29,300 +11.4% |
| 2019 | $789 0% | $26,300 |
| 2018 | $789 -37.2% | $26,300 |
| 2017 | $1,257 +59.3% | $26,300 |
| 2016 | $789 | $26,300 |
| 2014 | $789 | $26,300 |
| 2013 | $789 | $26,300 |
| 2012 | $789 | $26,300 |
| 2011 | -- | $26,300 |
| 2010 | $789 +0% | $26,300 |
| 2009 | $789 | $26,300 |
| 2007 | -- | $26,300 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Five Points
Nearby schools
GreatSchools rating
- 6/10Lillie Idella Kitley Intermediate SchoolGrades: 4-6Distance: 3.7 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 4.3 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 3.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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