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Pending
  • $400,000

    931 S East St, Indianapolis, IN 46225

    --beds
    --baths
    10,454Square Feet
    : 
    $2,720/mo
    Get pre-qualified
    Unimproved Land
    Built in ----
    10,454 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Unlock the endless possibilities with this awesome property! Spanning 1/4 acre with appx 88 feet of main-road frontage, this listing offers unparalleled potential. Situated directly across from Eli Lilly and in close proximity to downtown attractions like Lucas Oil Stadium and Gainbridge Fieldhouse, this location is ideal for anyone looking to capitalize on Indy's bustling urban scene. Currently zoned C5, the property holds significant commercial appeal with great street frontage, making it a prime candidate for retail or commercial use. However, the ease of rezoning to D8 provides the flexibility to transform this space into residential development, whether it be a cluster of single-family homes or stylish townhomes. The property's location on a bus route enhances accessibility, appealing to both residents and businesses. Embrace the vibrant energy of Indianapolis with this property's unmatched potential for growth and redevelopment. Whether your ambitions are commercial or residential, this is poised to accommodate your vision.
    435 days
    |
    19
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Feldman 317-965-5034,

    Compass Indiana, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22039010MLS Logo

      Facts & features

      Property

      Lot
      • Size: 10,454 Square Feet
      • Features: Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Zoned, See Remarks, City
      • Topography: Cleared,Level
      Details
      • Additional structures: None
      • Parcel number: 491112189004000101
      • Zoning: C5
      • Zoning description: Commercial
      • Horse amenities: None

      Utilities & green energy

      • Water: Public, Municipal Water on Site

      Community & HOA

      Community
      • Subdivision: Fletcher Place
      Location
      • Region: Indianapolis

      Financial & listing details

      • Annual tax amount: $4,240
      • Date on market: 5/15/2025
      • Cumulative days on market: 437 days
      • Listing terms: Will Divide
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/2/2026Pending sale$400,000
        Source: MIBOR as distributed by MLS GRID #22039010 Report a problem
        9/26/2025Price change$400,000-10.9%
        Source: MIBOR as distributed by MLS GRID #22039010 Report a problem
        7/15/2025Listed for sale$449,000
        Source: MIBOR as distributed by MLS GRID #22039010 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        80 / 100
        Very Walkable
        49 / 100
        Some Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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