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Land for Sale in Indianapolis, Indiana
229 Iowa St, Indianapolis, IN 46225
$32,500
0.1 acres
Active
$6k drop
Est $243/moThis vacant city lot is in the beautiful Bates-Hendricks neighborhood. This prime location provides close proximity to multiple interstates, several parks, downtown, and more. Make this lot your own or make it into your next investment. One of multiple lots available in neighborhood and several contiguous lots on same block. 32'x138' buildable lot. Believed to have utilities on site. Zoned industrial with potential for commercial, residential. The possibilities are endless!
Location
- Street address
- 229 Iowa St
- County
- Marion County
- Community
- Kappes & Franks South
- School district
- Indianapolis Public Schools
- Elevation
- 718 feet
Directions
From East Raymond Street, turn North onto South East Street, then left onto Iowa Street. Property will be on the left.
Property details
- Lot size
- 0.1 acres4,356 sq ft
- Zoning
- ZO01
- MLS #
- MIBOR 22056990
- Posted
Parcels
- 491113171028000101
Legal description
Kappes & Franks L71
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- Keller Williams Realty
Lot
- View
- City
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| HW Longfellow Med/STEM Magnet Midl | Middle | Indianapolis Public Schools | — |
| Arsenal Technical High School | High | Indianapolis Public Schools | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 3, 2025 | Price drop | $32,500 | $6,000 -15.6% | MIBOR |
| Nov 20, 2025 | Back on market | $38,500 | — | MIBOR |
| Oct 10, 2025 | Under contract | $38,500 | — | MIBOR |
| Sept 16, 2025 | Price drop | $38,500 | $6,400 -14.3% | MIBOR |
| Aug 15, 2025 | New listing | $44,900 | — | MIBOR |
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