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  • $3,500,000

    8600 Combs Rd, Indianapolis, IN 46237

    --beds
    --baths
    10Acres
    Unimproved Land
    Built in ----
    10 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Nestled in the heart of one of Indianapolis's most dynamic and rapidly growing suburban corridors, this exceptional 10-acre parcel offers a rare opportunity for developers, investors, or institutional users seeking visibility, access, and long-term upside. Boasting approximately 330 feet of frontage along Combs Road, the site provides both prominence and flexibility for a wide range of development uses, from residential infill to commercial, mixed-use, or community-oriented projects (subject to zoning). Strategically positioned between South Arlington Avenue and the increasingly active 5 Points Road corridor, with convenient access to County Line Road, the property is directly adjacent to existing residential neighborhoods, community centers, and key service anchors, including Lifepoint Church and numerous retail and multifamily developments. The surrounding area has experienced sustained growth over the past decade, supported by strong demographics, ongoing infrastructure investments, and the expanding footprint of southeastern Marion County's suburban development. With a depth of approximately 1,320 feet, the lot's rectangular configuration and gentle topography make it ideal for efficient site planning and phased development. Whether you're looking to capitalize on the area's residential demand, introduce a new community serving commercial node, or secure long-term land holdings in a prime location, this property offers both immediate appeal and future potential.
    234 days
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    108
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    3
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    Zillow last checked: 8 hours ago

    Listing updated: August 22, 2025 at 02:07pm

    Listing Provided by:

    Jhirmal Singh 317-702-8049,

    Midland Realty Group, Inc.

    Source: MIBOR as distributed by MLS GRID,MLS#: 22038284MLS Logo

    Facts & features

    Property

    Lot
    • Size: 10 Acres
    • Features: Rectangle, Suburban, See Remarks
    • Topography: Level,Varied
    Details
    • Additional structures: None
    • Parcel number: 491523123002000300
    • Zoning: CS, DP, I3
    • Zoning description: Agricultur,Commercial,Industrial,Planned Development,Single Family,See Remarks
    • Horse amenities: None

    Utilities & green energy

    • Water: Municipal Water Near By

    Community & HOA

    Community
    • Subdivision: Franklin
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Annual tax amount: $296
    • Date on market: 5/12/2025
    • Cumulative days on market: 237 days
    • Listing terms: See Remarks
    • Road surface type: Asphalt

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    8/22/2025Listed for sale$3,500,000+660.9%
    Source: MIBOR as distributed by MLS GRID #22038284 Report a problem
    9/15/2020Listing removed$460,000
    Source: MIBOR REALTOR Association #21722217 Report a problem
    9/4/2020Pending sale$460,000
    Source: MIBOR REALTOR Association #21722217 Report a problem
    7/27/2020Price change$460,000-16.3%
    Source: MIBOR REALTOR Association #21722217 Report a problem
    7/16/2020Listed for sale$549,900
    Source: MIBOR REALTOR Association #21722217 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ 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.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: South Franklin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Franklin Central Junior High

    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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