Images
Map
Street
Mixed-Use Land for Sale in Indianapolis, Indiana
1032 And 1040 S East St, Indianapolis, IN 46225
$359,900
0.34 acres
Active sale
$20k drop
Est $2,628/moSituated on a highly visible hard corner adjacent to Interstate 70, this 0.34-acre parcel offers exceptional access and exposure in the heart of a rapidly developing area. Previously zoned C-5 and recently rezoned to D-8 to support multifamily development, the property presents a versatile opportunity for office, retail, apartment, or condominium use. With excellent visibility, convenient access, and close proximity to downtown Indianapolis and Fountain Square, this site is well positioned for a wide range of commercial or residential development concepts.
Location
- Street address
- 1032 And 1040 S East St
- County
- Marion County
- Zip code
- 46225
- Community
- Hilgemeier & Muegges Sub
- School district
- Indianapolis Public Schools
- Elevation
- 727 feet
Property details
- Lot size
- 0.34 acres14,810 sq ft
- Zoning
- D-8
- MLS #
- MIBOR 22101882
- Posted
Property taxes
- 2024
- $2,246
Parcels
- 491112122002000101
Legal description
Hilgemeyer & Muegges Sub L1 & L2 Ol108
Details and features
Listing
- Type
- Land
- Zoning
- Multi-Fam
- Franchise
- RE/MAX International
Lot
- Features
- Multiple
Structure
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 14, 2026 | Price drop | $359,900 | $20,000 -5.3% | MIBOR |
| May 14, 2026 | New listing | $379,900 | — | MIBOR |
Payment calculator
Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.