Commercial Land for Sale in Indianapolis, Indiana
1801 E Rd Indianapolis, IN 46227
Excellent opportunity for new religious/church development! 4.56 Acre Development Site, 3 Parcel Portfolio for Sale. Zoned for Religious Use (SU-1) Also zoned, D-A (Dwelling Agriculture) and D-3 (Dwelling District Three). List price ($700,000) is for all 3 parcels ($154,525/Acre) (MLS#s: 21991753, 21991789, 21991791). Parcel #s: 49-15-19-115-019.000-500, 49-15-19-115-020.000-500, 49-15-19-115-021.000-500. Property is situated conveniently between the U.S. 31 and Madison Avenue corridors with literally hundreds of major retail, restaurant, entertainment, and service providers nearby. There is a 26' x 28' storage building on the property with loft. Building has electricity, well and septic. Municipal water and gas at easement, sanitary sewer close by. The property is an exceptional investment opportunity with multiple development options. Potential Buyers are encouraged to conduct appropriate due diligence and explore the various possibilities this property has to offer. TAX NOTE: Property is currently owned by a religious organization and is therefore exempt from property tax.
Location
- Street Address
- 1801 E Rd, Stop 12
- County
- Marion County
- Community
- Marion - Perry
- School District
- Perry Township Schools
- Elevation
- 771 feet
Property details
- Zoning
- SU-1, D-3, DA
- MLS Number
- MIBOR 21991791
- Date Posted
Parcels
- 491519115021000500
Legal description
Pt Ne1/4 Se1/4 S19 T14 R4 Beg Nw Cor Ne1/4S 386.76' E 188.40' N 386.74' W 184.8' To Beg1.657Ac
Detailed attributes
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 1, 2024 | Back on market | $700,000 | — | MIBOR |
Aug 13, 2024 | Under contract | $700,000 | — | MIBOR |
July 24, 2024 | New listing | $700,000 | — | MIBOR |