Nearly 40 acres of mature woodland tucked away on Indianapolis' southwest side! This remarkable property has remained in the same family for over 90 years, where generations have enjoyed its natural beauty and peaceful surroundings. Dollar Hide Creek meanders through the property, while rolling terrain and changing elevations create a diverse landscape filled with character. The woodland has long served as a refuge for wildlife, with the family never permitting hunting on the property. Wander among the trees, explore the creek, and experience the quiet beauty of a setting that feels far removed from the surrounding city. With 39.91 acres, the property offers opportunities for recreation, conservation, a private retreat, or potential future uses subject to applicable zoning and development requirements. Portions of the land are located within designated floodplain and floodway areas. Offered as a separate parcel, the property may also be purchased together with the adjoining 2-acre homesite at 5814 Furnas Road, creating a combined 41.91-acre property.
Active
$700,000
5900 Furnas Rd, Indianapolis, IN 46221
--beds
--baths
39.91Acres
Unimproved Land, Residential Lots
Built in ----
39.91 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mature woodland
- 17 hours
- 96
- 11
Zillow last checked:
Listing updated:
Listed by:
Ryan Moriarty ryan@indyrealestate.com,
Weichert, Realtors-Tralee Prop
Source: MIBOR as distributed by MLS GRID,MLS#: 22135739
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Creek/Stream, Forest, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Size: 39.91 Acres
- Features: Mature Trees, Trees-Small (Under 20 Ft), Wooded, Creek On Property
- Topography: Flood Plain,Flood Way,Hilly,Stream,Varied,Wooded
Details
- Parcel number: 491301123002000200
- Zoning: DA
- Zoning description: Agricultur
- Wooded area: 1698840
- Horse amenities: None
Utilities & green energy
- Water: None, Municipal Water Near By
Community & HOA
Community
- Subdivision: Subdivision Not Available See Legal
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $6,100
- Annual tax amount: $438
- Date on market: 11/11/2026
- 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 |
|---|---|---|
| 11/11/2026 | Listed for sale | $700,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $125 -26.8% | $6,100 +8.9% |
| 2024 | $171 -1.6% | $5,600 |
| 2023 | $174 -5.7% | $5,600 |
| 2022 | $184 +1% | $5,600 |
| 2021 | $182 -1% | $5,600 |
| 2020 | $184 +0.8% | $5,600 |
| 2019 | $183 -0.5% | $5,600 |
| 2018 | $184 +0.1% | $5,600 |
| 2017 | $184 +0.2% | $5,600 |
| 2016 | $183 -0.2% | $5,600 |
| 2014 | $184 +9.3% | $5,600 |
| 2013 | $168 | $5,600 |
| 2012 | $168 | $5,600 -5.1% |
| 2011 | -- | $5,900 |
| 2010 | $110 +14.9% | $5,900 |
| 2009 | $96 | $5,900 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Valley Mills
Nearby schools
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.






