Mixed-Use Land for Sale in Indianapolis, Indiana
4460 Mann Rd, Indianapolis, IN 46221
This is a 3.45-acre development opportunity offered as a packaged sale of two parcels conveyed together at closing, located minutes from the I-465 & Mann Rd interchange on Indianapolis' southwest side, consisting of 2.34 acres zoned C-3 Commercial and an adjacent 1.11-acre parcel zoned D6II for high-density multifamily residential development. The C-3 parcel supports a wide range of retail, service, and office uses, while the adjacent multifamily parcel provides flexibility for residential or mixed-use development configurations. The site features flat topography, utilities available on or near site, and is located outside the FEMA floodplain. Mann Road carries approximately 10,016 vehicles per day (2025 AADT) and provides strong connectivity to I-465 and surrounding residential growth corridors.
Location
- Street address
- 4460 Mann Rd
- County
- Marion County
- Community
- Marion - Decatur
- School district
- MSD Decatur Township
- Elevation
- 706 feet
Property details
- Acreage
- 3.45 acres
- Zoning
- C-3, D6-II
- MLS #
- MIBOR 22079918
- Posted
Parcels
- 491131112005000200
Legal description
Pt Sw1/4 Ne1/4 S31 T15 R3 298.76' E Of Sw Cor P.O.B. N264.67' E395.99' S270.79' W340.14' To Beg 2.341 Ac
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- Keller Williams Realty
Nearby schools
| Name | Type | District |
|---|---|---|
| Decatur Middle School | Middle | MSD Decatur Township |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 31, 2026 | Price drop | $279,000 | $70,000 -20.1% | MIBOR |
| Feb 23, 2026 | New listing | $349,000 | — | MIBOR |
| Jan 21, 2026 | Listing removed | $349,000 | — | Listing agent |
| Jan 13, 2026 | New listing | $349,000 | — | MIBOR |