Welcome to a fantastic TRIPLE vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building a new construction single or multi-family home. Whether you choose to rent or sell, this lot provides a perfect canvas for a profitable venture. Located on the convenient north side, this lot offers unrivaled access to everything Indianapolis has to offer. You'll find schools, parks, and shopping within easy reach, as well as popular attractions like the Monon Trail. Commuting is a breeze with nearby Red & Purple Line stations and major routes including N College Ave, N Keystone Ave, 38th St, and Fall Creek Pkwy, making it easy to explore all of Indy. The Fairgrounds are also just a short trip away. Please note, this vacant lot is sold exclusively as part of a comprehensive 16-property investment portfolio, which includes 11 duplexes, 3 single-family homes, and an additional vacant lot, and cannot be purchased individually. This is a unique opportunity to secure a substantial investment within a dynamic and popular area. Don't miss out on the potential to create and capitalize on new construction in the heart of SoBro. Act now to elevate your real estate investment portfolio!
Active
$105,000
4456 Caroline St, Indianapolis, IN 46205
--beds
--baths
0.38Acres
Unimproved Land, Residential Lots
Built in ----
0.38 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Triple vacant lot opportunity
- 26 days
- on Zillow |
- 138 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 06:09am
Listing Provided by:
Andy Tresize 317-701-4289,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22038726

Travel times
Facts & features
Property
Lot
- Size: 0.38 Acres
- Features: City
- Topography: Level
Details
- Parcel number: 490718103204000801
- Zoning: Single Family
- Zoning description: Single Family
- Horse amenities: None
Utilities & green energy
- Water: Not Applic
Community & HOA
Community
- Subdivision: Montrose
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $42,600
- Annual tax amount: $274
- Date on market: 7/16/2025
- Road surface type: Asphalt
- Loading