Active

$149,000

4459 Mann Rd, Indianapolis, IN 46221

--beds

--baths

4.94Acres

Unimproved Land, Residential Lots

Built in ----

4.94 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

4.94 acres of wooded residential development land zoned D-6II (Dwelling District Six II) located in Indianapolis. The D-6II zoning classification supports high-density residential development, including multifamily apartments, townhomes, and cluster-style housing configurations, making the site well suited for a variety of residential development concepts. The property is located in close proximity to I-465 (Exit 7 - Mann Rd), providing excellent regional access and positioning the site well for new residential development. This site presents a strong opportunity for developers and investors seeking multifamily residential land within Marion County.

51 days

473

30

Facts & features

Property

Lot

Size: 4.94 Acres
Features: Wooded

Details

Parcel number: 491131111020000200
Zoning: D6-II (Multifamily Use)
Zoning description: Multi-Fam
Horse amenities: None

Utilities & green energy

Sewer: Other
Water: Other

Community & HOA

Community

Subdivision: No Subdivision

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $46,700
Annual tax amount: $1,044
Date on market: 3/31/2026
Cumulative days on market: 52 days
Listing terms: Other
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/31/2026	Listed for sale	$149,000+181.1%
Source: MIBOR as distributed by MLS GRID #22092415 Report a problem
9/15/2011	Sold	$53,000-66%
Source: Public Record Report a problem
11/18/2002	Sold	$155,900+22.3%
Source: MIBOR as distributed by MLS GRID #2229358 Report a problem
2/26/2001	Sold	$127,500
Source: MIBOR as distributed by MLS GRID #2044709 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,043 -26.8%	$46,700
2024	$1,426 -1.6%	$46,700
2023	$1,449 -5.7%	$46,700
2022	$1,536 +1%	$46,700
2021	$1,521 -1%	$46,700
2020	$1,536 +0.8%	$46,700
2019	$1,524 -52.6%	$46,700
2018	$3,215 +35.7%	$46,700
2017	$2,370 +55.2%	$46,700
2016	$1,527 -0.2%	$46,700
2014	$1,531	$46,700
2013	--	$46,700 -61.7%
2012	--	$121,900 +105.6%
2002	--	$59,300 +200.1%
2001	--	$19,760
2000	--	$19,760

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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.

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Climate risks

Neighborhood: Mars Hill

Getting around

21 / 100

Car-Dependent

0 / 100

No Nearby Transit

35 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Stephen Decatur Elementary School
Grades: K-6Distance: 1.1 mi
3/10
Decatur Middle School
Grades: 7-8Distance: 2.1 mi
3/10
Decatur Central High School
Grades: 9-12Distance: 2.1 mi

Schools provided by the listing agent

Middle: Decatur Middle School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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