0.18 Acres of Residential Land for Sale in Indianapolis, Indiana

324 S College Ave, Indianapolis, IN 46202

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$650,000
0.18 acres
Active sale agoEst $6,557/mo

Unlock the essence of urban luxury living with this exceptional vacant lot, perfectly situated in the vibrant heart of Indianapolis and ready to be split and developed into two stunning homes. This prime parcel not only boasts fully approved design plans and permits for both properties but also expedites the building process for the discerning buyer. Ready for immediate construction, the meticulously crafted designs set the stage for two sophisticated luxury homes adorned with high-end finishes, ensuring unparalleled residences of timeless elegance. This turnkey opportunity seamlessly merges luxury and convenience, offering a distinctive blend of sophistication and modern living. With projected home values exceeding $1.1M each, this project eagerly awaits the vision of a discerning buyer poised to make a lasting impact on this flourishing neighborhood. Nestled in the Fletcher Place neighborhood, a burgeoning area near downtown Indianapolis, this project stands as a beacon of revitalization, surrounded by a collection of new builds and fully renovated homes. Seize the chance to bring these dream homes to life in a location characterized by growth and potential. These ready-to-build lots invite you to craft two masterpieces and embrace the dynamic energy of a neighborhood on the rise, all while making a handsome profit from the endeavor. Copies of recent appraisals, architectural plans, and spec sheets are all included and available for review. Another similar property is also available for a package deal (828 N Oriental). Act quickly for maximum ROI!!

Property details

Coordinates
39.7617, -86.1463
Community
Rays
Zoning
Residential D-8
Elevation
732 feet
MLS Number
MIBOR 21955320
Date Listed

Legal description

Parcels

  • 491112201002000101

Expenses

Home Owner Assessments Fee
$5 annually

This 0.18-acre property is located at 324 S College Ave in Indianapolis, IN 46202 with latitude 39.7617 and longitude -86.1463. The property is currently available for sale for $650,000 with a price per acre of $3,611,111. Listing data is sourced from MIBOR Service Corporation # 21955320.

Verify sale details at the property source or contact Keller Williams Indpls Metro N at (317) 846-6300.

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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.

Listing checked and updated . Parcel data by Regrid.

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