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$425,000
-- Bed
-- Bath
20,232sqft lot
1549 N Arsenal Ave, Indianapolis, IN 46201
$425,000
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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: 44 Minutes ago
- Listing updated: December 16, 2025 at 10:39 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
Active
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
Active
Days on Market
2
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