MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS, .20+/- acre, 5 legal conforming D-8 parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. No drainage permit or on-site detention required. Next step, building permits. Sale includes plans and renderings of proposed townhomes. The location is one of the highest points in the City, making the planned rooftop decks an especially attractive feature with a view to the downtown skyline. Rights to all construction documents necessary to permit and develop the project are included in the sale. The Seller is offering to assist with the transfer of information in order to effect a smooth transition for the Buyer. Knowing the time and work that goes into putting a plan in place, the right builder has a real opportunity to seize the moment and build a carefully designed project, starting NOW!
Active
Price cut: $36K (8/22)
$439,000
1150 E New York St, Indianapolis, IN 46202
--beds
--baths
8,712Square Feet
Unimproved Land, Residential Lots
Built in ----
8,712 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 170 days
- on Zillow |
- 109 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: August 22, 2025 at 01:45pm
Listing Provided by:
Jane Drew Pollom 317-730-3791,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22025722

Travel times
Facts & features
Property
Lot
- Size: 8,712 Square Feet
- Features: City Lot, Corner Lot, City, Corner, Mature Trees, Small Trees
- Topography: Cleared,Level
Details
- Additional structures: None
- Parcel number: 491006124043000101
- Zoning: D-8
- Zoning description: Multi-Fam,See Remarks
- Horse amenities: None
Utilities & green energy
- Water: Public, Municipal Water on Site
Community & HOA
Community
- Subdivision: Walkers
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $70,200
- Annual tax amount: $1,952
- Date on market: 3/13/2025
- Cumulative days on market: 173 days
- Listing terms: Other
- Road surface type: Asphalt
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