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
Price cut: $20K (7/15)
$380,000
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
- 112 days
- 82
- 3
Zillow last checked:
Listing updated:
Listed by:
James Anthony 317-488-1673,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22100882
Facts & features
Interior
Video & virtual tour
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: 113 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $380,000-5% |
Source: | ||
| 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



