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Street View
$425,000
Monthly Est:$2,115
-- Bed
-- Bath
20,232sqft lot
1549 N Arsenal Ave, Indianapolis, IN 46201
$425,000
$2,115/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
20,232 sqft lot
$21/sq.ft
Description
This prime vacant parcel in Indianapolis presents an exceptional development opportunity, already approved for 16 residential units. Situated on a hard corner with excellent road frontage, the site offers strong visibility and access, ideal for a multi-unit residential project. An added advantage is the potential to acquire neighboring parcels, which could significantly expand the overall footprint and allow for additional units beyond the current approval. This flexibility creates a compelling upside for developers looking to scale or enhance density in a growing market. With approvals in place and expansion potential on the table, this property is well positioned for an...
Continue Reading- Houzeo last checked: 4 minutes ago
- Listing updated: August 19, 2026 at 8:37 pm
- Listing Provided by: Jason Alsup | eXp Realty, LLC (888) 611-3912
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22076967
Property Details
Status
Pending
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
20,232 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22076967
MLS Status
Pending
Days on Market
273
Cumulative Days on Market
41
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Access, Corner Lot
Subdivision Name
Fletchers S A Jr North
Price History
| Date | Event | Price |
|---|---|---|
01/28/2026 Source: | Pending | $425,000 $0/sqft |
12/16/2025 Source: | Listed for Sale | $425,000 $0/sqft |
Martindale - Brightwood Ranks #157 in Indianapolis, IN
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Based on information from MIBOR REALTOR® Association through Sep 15, 2026, 01:45PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty
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