
Land with Home for Sale in Indianapolis, Indiana
5545 W 46th St, Indianapolis, IN 46254
Owners had added another 3.3-acre tax parcel to this home since it was last on the market! That additional acreage has a hard-to-find barn in good condition. True needle-in-a-haystack opportunity-5.24 acres inside the I-465 loop with charming 150-year-old farmhouse, historic character, and endless possibilities. Step onto the welcoming wraparound porch and a home filled with craftsmanship that's nearly impossible to find today. Original woodwork, soaring ceilings, transom windows, stained glass, and spacious rooms create a warm, inviting atmosphere rich with history. The large attic offers excellent storage and exciting potential for future finished living space. Outside, you'll discover a peaceful retreat that feels worlds away from the city. Mature walnut, hackberry, and maple trees provide beauty and shade, while the growing fields and native prairie attract birds, butterflies, dragonflies, fireflies, and other wildlife. Enjoy sunrise coffee on the porch, host family and friends in the barn, or simply relax and take in the surroundings. The back porch and adjacent laundry room make the perfect transition after a day spent outdoors. Continue legacy of the current owners as a working urban vegetable and flower farm, or bring your own vision to life. With no HOA, the possibilities are endless-create a wood-fired pizza farm where guests gather picnic-style to enjoy pizzas topped with produce grown just steps away, pair it with a U-pick flower farm, or fence a portion of the property for animals to create an unforgettable destination for families. Existing chicken house stays! Whether dreaming of a hobby farm, agritourism business, event venue, or simply a private country retreat with room to roam, opportunities like this are exceptionally rare-especially in such a convenient location. Sale includes a total of 5.35 acres across three tax parcels: 490513117008000600, 4905131100100600, and 490513117009000600. Please include all three parcels with any offer.
Location
- Street address
- 5545 W 46th St
- County
- Marion County
- Zip code
- 46254
- School district
- MSD Pike Township
- Elevation
- 792 feet
Property details
- Acreage
- 5.35 acres
- MLS #
- MIBOR 22107875
- Posted
Property taxes
- 2025
- $6,906
Parcels
- 490513117008000600
Legal description
Pt Nw1/4 Ne1/4 S13 T16 R2 Beg 394' S & 663.42' W Of Ne Cor P.O.B. N393.95' E214.14' S393.95' W214.14' To Beg
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Century 21 Real Estate
Lot
- Features
- Mature Trees, Not in Subdivision
Structure
- Stories
- 2
- Water
- Private, Public
- Heating
- Forced Air
- Cooling
- Central Air
- Materials
- Wood Siding
Interior
- Room Count
- 14
- Rooms
- Basement, Bathroom x 2, Bedroom x 4, Dining Room, Laundry Room x 2
- Flooring
- Hardwood
- Appliances
- Dryer, Gas Oven, Microwave, Refrigerator, Washer, Water Heater, Water Softener Owned
- Features
- Attic Stairway, Built-In Features, Hi-Speed Internet Availbl, Wired For Sound, Wood Work Stained
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 21, 2026 | Price drop | $649,900 | $44,100 -6.4% | MIBOR |
| July 23, 2026 | New listing | $694,000 | — | MIBOR |


























































































