Exceptional 2 Acre Lot for Investment or Builder Opportunity in Franklin Township. This premium 2-acre parcel in highly desirable Franklin Township offers the perfect blend of country-style tranquility and modern city convenience. Ideal for building your custom dream home outside of a subdivision. The flat, versatile acreage features a structurally sound 30' x 50' clear-span pole barn built in 1988, equipped with impressive 16.5-foot ceilings and dual 14-foot overhead doors perfect for a workshop, heavy equipment, or Boat/RV storage. Plus, addition barn door on one side of building. Close access to Interstate 65, this property provides an effortless commute to downtown Indianapolis, Greenwood, and Franklin, making it a rare and lucrative canvas for a luxury estate or strategic residential development.
Pending
$199,900
8561 Shelbyville Rd, Indianapolis, IN 46259
--beds
--baths
2.19Acres
Unimproved Land, Residential Lots
Built in ----
2.19 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Flat versatile acreage
- 60 days
- 29
- 1
Zillow last checked:
Listing updated:
Listed by:
Robert VanHook vanhookrealestate@yahoo.com,
Premier Agent Network
Source: MIBOR as distributed by MLS GRID,MLS#: 22123337
Facts & features
Property
Lot
- Size: 2.19 Acres
- Features: Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Small Trees
- Topography: Level
Details
- Additional structures: Equipment Shed, See Remarks
- Parcel number: 491619108024000300
- Zoning: residential
- Zoning description: Single Family
- Special conditions: None,As Is,Defects/None Noted
- Horse amenities: None
Utilities & green energy
- Water: None, Not Applic
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $28,400
- Annual tax amount: $658
- Date on market: 8/31/2026
- Cumulative days on market: 16 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2026 | Pending sale | $199,900 |
Source:  MIBOR as distributed by MLS GRID #22123337 Report a problem | ||
| 8/31/2026 | Listed for sale | $199,900+29% |
Source: MIBOR as distributed by MLS GRID #22123337 Report a problem | ||
| 11/12/2025 | Sold | $155,000+3.3% |
Source:  IRMLS #202540802 Report a problem | ||
| 10/12/2025 | Pending sale | $149,999 |
Source: IRMLS #202540802 Report a problem | ||
| 10/9/2025 | Listed for sale | $149,999 |
Source: IRMLS #202540802 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $670 -8.6% | $28,400 -4.4% |
| 2024 | $733 -6% | $29,700 |
| 2023 | $780 +0.9% | $29,700 +4.2% |
| 2022 | $773 +5% | $28,500 +7.1% |
| 2021 | $736 +0.1% | $26,600 +6.4% |
| 2020 | $735 +1.2% | $25,000 +2% |
| 2019 | $726 +0.8% | $24,500 +1.2% |
| 2018 | $720 -3.1% | $24,200 +0.8% |
| 2017 | $743 +5.8% | $24,000 +0.8% |
| 2016 | $702 -2.9% | $23,800 -1.2% |
| 2014 | $723 +10% | $24,100 |
| 2013 | $657 | $24,100 +10% |
| 2012 | $657 | $21,900 |
| 2011 | -- | $21,900 |
| 2010 | $657 +0% | $21,900 |
| 2009 | $657 | $21,900 -2.2% |
| 2007 | -- | $22,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Franklin
Nearby schools
Schools provided by the listing agent
- Elementary: Mary Adams Elementary School
- Middle: Franklin Central Junior High
- High: Franklin Central High School
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.
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