Commercial Land for Sale in Indianapolis, Indiana

1801 E Rd Indianapolis, IN 46227

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$700,000
1.66 acres
Active sale agoEst $5,580/mo

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
Community
Marion - Perry
School District
Perry Township Schools
Elevation
771 feet
Coordinates
39.6424, -86.1265

Property details

Zoning
SU-1, D-3, DA
MLS Number
MIBOR 21991791
Date Posted

Parcels

  • 491519115021000500

Legal description

This 1.66-acre property is located at 1801 E Rd Stop 12 in Indianapolis, IN 46227 with latitude 39.6424 and longitude -86.1265. The property is currently available for sale for $700,000 with a price per acre of $421,687. Listing data is sourced from MIBOR Service Corporation # 21991791.

Verify sale details at the property source or contact Keller Williams Indy Metro S at (317) 882-5900.

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Copyright (C) 2024 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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