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Residential Land for Sale in Indianapolis, Indiana

4621 W Caven St, Indianapolis, IN 46241

$24,900
0.11 acres
Active sale
ago
Est $231/mo

Rare opportunity to acquire a nine-lot residential infill package in an established Indianapolis neighborhood. The offering includes five adjoining vacant lots that create a strong foundation for a coordinated new-construction project, plus four additional nearby homesites along the same street that add flexibility for individual builds, phased construction, or future resale. This is an ideal opportunity for a builder, developer, or investor to secure multiple buildable lots in one transaction without the cost and timeline of a large raw-land development. Surrounded by existing homes and conveniently located near major roadways, downtown Indianapolis, Indianapolis International Airport, and west-side employment centers, the package is well positioned for attainable new housing. A flexible, ready-to-plan land opportunity for a buyer looking to add meaningful scale to their next Indianapolis build.

Location

Street address
4621 W Caven St
Zip code
46241
Community
Drexel Gardens
School district
MSD Wayne Township
Elevation
715 feet
Coordinates
39.7413, -86.2377

Property details

Lot size
0.11 acres4,792 sq ft
Zoning
Residential
MLS #
MIBOR 22113140
Posted

Parcels

  • 491118103147004900

Legal description

Details and features

Listing

Type
Land

Structure

Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
July 9, 2026New listing$24,900MIBOR
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This 0.11-acre property is located at 4621 W Caven St in Indianapolis, IN 46241. The land is available for sale, priced at $24,900.

Listed by Crossroads Realty, (317) 514-7959

Checked 2 hours agoUpdated Source

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