- 0
- 2
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
4 hours ago
Street View
$2,499,000
Monthly Est:$12,438
-- Bed
-- Bath
7.5acres lot
7525 Mcfarland Blvd, Indianapolis, IN 46237
$2,499,000
$12,438/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
7.5 acres lot
$333,200/acre
Description
Prime Multifamily Development Opportunity - 128 Units Approved Excellent location just off Emerson Avenue, with approvals in place for 128 apartment units, including a clubhouse and swimming pool. The property consists of approximately 7.5 acres and is zoned D-6II. Ideally located just minutes from Costco, Greenwood, major highways, shopping, dining, and significant new development throughout the surrounding area. Property Highlights: Approved for 128 apartment units Approximately 7.5 acres D-6II zoning Planned clubhouse and pool Approximately 2 minutes from Costco Convenient access to Greenwood and major highways Strong development activity in the surro...
Continue Reading- Houzeo last checked: 2 minutes ago
- Listing updated: September 19, 2026 at 10:20 pm
- Listing Provided by: Ken Yoder | Hoosier, REALTORS® (317) 862-5200
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22127118
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
7.5 acres lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22127118
MLS Status
Active
Days on Market
1
Cumulative Days on Market
1
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Other Features
Subdivision Name
No Subdivision
Price History
| Date | Event | Price |
|---|---|---|
09/19/2026 Source: | Listed for Sale | $2,499,000 +127.18% $0/sqft |
05/09/2026 Source: | Sold | $1,100,000 -6.38% $0/sqft |
05/09/2026 Source: | Price Increased | $1,175,000 +6.82% $0/sqft |
11/11/2024 Source: | Pending | $1,100,000 $0/sqft |
South Perry Ranks #67 in Indianapolis, IN
Homes
Rental Prices
Median Home Price
Find Homes by Property Features in Indianapolis, IN
Based on information from MIBOR REALTOR® Association through Sep 20, 2026, 01:15AM. 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
Love this home?
Here's 4 things you can do
Your local real estate expert. Speak directly with agent about the home & pricing.
Book your private tour
as early as Tomorrow at 09:00 AM
Rates starting from 6.3%. Secure financing early to move quickly when you're ready.
Fastest way to get your offer in. Speak directly with agent to negotiate the offer.
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
