Mixed-Use Land for Sale in Indianapolis, Indiana

5616 Victory Dr, Indianapolis, IN 46203

$1,200,000

2.5 acres

Active sale

8 days ago

Est $8,845/mo

2.5 acre parcel go with a home currently zoned residential. This is the next one in line that could be zoned commercial on the street. Property would need to be rezoned for commercial use. Within a few minute drive of I-465.

Location

Street address: 5616 Victory Dr
County: Marion County
Zip code: 46203
Community: Marion - Franklin
School district: Franklin Township Com SCH Corp
Elevation: 841 feet
Coordinates: 39.7024, -86.0709

Land for sale in Indiana

Property details

Acreage: 2.5 acres
Zoning: dwelling agricultural
MLS #: MIBOR 22112794
Posted: July 10, 20268 days ago

Parcels

491034123013000300

Legal description

Pt Sw1/4 Ne1/4 S34 T15 R4 Beg 495Ft E Of Sw Cor N660ft E 165Ft S 660Ft W 165Ft To Beg 2.5Ac

Details and features

Listing

Type: Commercial Sale

Structure

Water: Well

Nearby schools

Name	Type	District
New Bethel Elementary	Elementary	Franklin Township Com SCH Corp

Listing history

Date	Event	Price	Change	Source
July 10, 2026	New listing	$1,200,000	—	MIBOR

Payment calculator

This 2.5-acre property is located at 5616 Victory Dr in Indianapolis, IN 46203. The land is available for sale, priced at $1,200,000 — $480,000 per acre.

Listed by Mike Watkins Real Estate Group, (317) 882-6453

Checked 2 hours agoUpdated July 15, 2026

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