Improved Land for Sale in Indianapolis, Indiana

4826 Rockville Rd, Indianapolis, IN 46224 | Single-Family Home + Horse Barn | 1,430 SF | 9.82 Acres (2 Parcels) | Residential Zoning, Commercial Rezone Potential The list price only represents the opening bid and does not qualify as an indication of value or an offer to sell. Online Only auction ends Friday, October 2nd, 2026, @ 2:00. Property Highlights: 9.82 total acres across two parcels: sold individually or together Single-family home: 1,430 SF, stone fireplace and exposed wood-beam ceilings in the living areas, in-ground pool, garage/horse barn (approximately 5 stalls) plus a second older outbuilding, already on site. Public water, gas & electric; sewer service to be confirmed with Marion County utilities. Zoned residential: commercial rezone upside, subject to Marion County planning/permitting. Location: West-side Indianapolis, Wayne Township, Marion County: an established mixed residential/commercial corridor on Rockville Road. Surrounded by activity: a garden center next door, a ball field across the way, an elementary school across the street, and small commercial/warehouse buildings nearby. Potential Development Uses: Subject to Marion County rezoning and approval, buyers may explore apartments/multifamily, a mobile-home or trailer-park community (property already carries water and electric service to the back of the property), a retail or neighborhood shopping site, self-storage, or light-industrial/flex use, all consistent with the surrounding mixed-use corridor and nearby commercial and warehouse buildings. Terms: Sold as-is, where-is, with no contingencies. Time is of the essence. A 10% buyer's premium is added to the highest bid. Settlement on or before October 30, 2026. Review the Terms & Conditions in the document section for deposit and closing details. Possession occurs 14 days after the final Closing Date. Open houses: Wednesday, September 9th and Wednesday, September 30th, 1:00 to 2:00 PM.