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Residential Land for Sale in Indianapolis, Indiana

1649 S Sherman Dr, Indianapolis, IN 46203

$25,000
0.25 acres
Active
Est $187/mo

This prime .25-acre corner lot is the perfect place to build your dream home! Conveniently located just minutes from downtown, it offers municipal water and sewer hookups for easy development. As one of three connecting lots, this property provides a great opportunity to create a custom home or invest in a growing area. With its desirable location and ample space, this lot is ready for your vision. Don't miss out on this rare find!

Location

Street address
1649 S Sherman Dr
Community
Marion - Center
School district
Indianapolis Public Schools
Elevation
787 feet
Coordinates
39.7455, -86.1015

Property details

Lot size
0.25 acres10,890 sq ft
Zoning
Residential
MLS #
MIBOR 22024509
Posted

Parcels

  • 491016132001000101

Legal description

Listing history

DateEventPriceChangeSource
Oct 13, 2025Price increase$25,000$4,000 19%MIBOR
Aug 11, 2025Price drop$21,000$4,000 -16%MIBOR
Apr 21, 2025Back on market$25,000MIBOR
Mar 14, 2025Under contract$25,000MIBOR
Mar 1, 2025New listing$25,000MIBOR
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This 0.25-acre property is located at 1649 S Sherman Dr in Indianapolis, IN 46203. The property is available for sale for $25,000.

Checked 28 mins ago — Updated

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