This incredible .41 of an acre lot has a beautiful park-like setting and features a rare opportunity to design a two-level walk-out home. The wonderful slope of the lot would allow the walkout to be on the front of the house (facing Watson Road) giving it a 2-story front. There could also be a nice enclosed courtyard on the upper level with the garage on the north side, house on the east side, additional bedrooms on the south side. and finally a wall (similar to the stone wall of the home at 3502 Watson Rd.) on the west side. The lot has an existing driveway cut and driveway up to where the garage would be located (shared driveway). It already has an easy sewer tap on the lot (so no additional cost to connect to the street sewer). Restrictions apply for the type of home that can be built, site regulations, landscaping, shared driveway maintenance, and pet and animal restrictions.
Active
$400,000
3500 Watson Rd, Indianapolis, IN 46205
--beds
--baths
0.41Acres
Unimproved Land, Residential Lots
Built in ----
0.41 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful park-like setting
- 8 hours |
- 41 |
- 2 |
Zillow last checked:
Listing updated:
Listing Provided by:
James Anthony 317-488-1673,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22100882
Facts & features
Property
Lot
- Size: 0.41 Acres
- Features: Corner, Irregular Lot, Platted Subdivision
- Topography: Cleared
Details
- Parcel number: 490624100093000101
- Zoning: residential
- Zoning description: Single Family
- Special conditions: Exclusions-Call List Office,Other
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: Watson Park
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $102,600
- Annual tax amount: $2,411
- Date on market: 5/9/2026
- Cumulative days on market: 2 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Listed for sale | $400,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $102,600 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Mapleton-Fall Creek
Nearby schools
GreatSchools rating
- 5/10IPS/Butler University Laboratory School 60Grades: PK-8Distance: 0.4 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.4 mi
- 4/10Center for Inquiry School 27Grades: PK-8Distance: 1.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Marion County
- Indianapolis
- 46205
- Mapleton-Fall Creek
- 3500 Watson Rd



