Prime development opportunity in the heart of Fountain Square! Located at 828 Shelby Street, this 0.14-acre (5,876 sq ft) corner lot offers outstanding visibility and flexibility in one of Indianapolis' most vibrant and rapidly growing districts. Zoned for commercial C-5 use, this property presents a wide range of possibilities-from retail or office space to a mixed-use development featuring street-level storefronts with residential condos or apartments above. The corner positioning enhances accessibility and exposure, making it ideal for a standout project. All utilities are available, and the lot is build-ready, allowing you to move forward with your vision without delay. Just steps away from popular restaurants, local shops, and nightlife, this location delivers the energy and walkability that define the Fountain Square lifestyle. Opportunities like this are increasingly rare-secure your place in one of Indianapolis' most dynamic corridors and bring your development plans to life.
Active
$265,000
828 Shelby St, Indianapolis, IN 46203
--beds
--baths
6,098Square Feet
Unimproved Land
Built in ----
6,098 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner lot
- 136 days
- 36
- 2
Zillow last checked:
Listing updated:
Listed by:
Steve Snyder 317-523-4838,
Ferris Property Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22097356
Facts & features
Property
Lot
- Size: 6,098 Square Feet
- Features: City, Corner
- Topography: Cleared
Details
- Parcel number: 491112236463000101
- Zoning: C5
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: Fletcher Place
Location
- Region: Indianapolis
Financial & listing details
- Annual tax amount: $376
- Date on market: 4/24/2026
- Cumulative days on market: 137 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $265,000 |
Source: | ||
| 3/7/2026 | Listing removed | $265,000 |
Source: | ||
| 11/21/2025 | Listed for sale | $265,000-11.6% |
Source: | ||
| 7/28/2025 | Listing removed | $299,900 |
Source: | ||
| 2/2/2025 | Listed for sale | $299,900 |
Source: | ||
Public tax history
Tax history is unavailable.






