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.
Active
$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
- 234 days |
- 108 |
- 3 |
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#: 22038284
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
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Listed for sale | $3,500,000+660.9% |
Source: | ||
| 9/15/2020 | Listing removed | $460,000 |
Source: MIBOR REALTOR Association #21722217 Report a problem | ||
| 9/4/2020 | Pending sale | $460,000 |
Source: MIBOR REALTOR Association #21722217 Report a problem | ||
| 7/27/2020 | Price change | $460,000-16.3% |
Source: MIBOR REALTOR Association #21722217 Report a problem | ||
| 7/16/2020 | Listed 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
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Neighborhood: South Franklin
Nearby schools
GreatSchools rating
- 7/10Mary Adams Elementary SchoolGrades: K-3Distance: 1.2 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 4.7 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 3.4 mi
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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