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Residential Land for Sale in Indianapolis, Indiana

7545 E Troy Ave, Indianapolis, IN 46239

$240,000
4.68 acres
Active
ago
Est $1,792/mo

Spacious 4.68 acres vacant canvas in a highly desirable area of Franklin Township in Indianapolis! Nestled in a peaceful setting while still offering easy access to major highways, schools, shopping, and dining, this lot is ready for your vision. Currently zoned D-5, DP residential.Could have 1 to 4 homes on property or could be developed by a builder and have multiple homes on the site. There is a 50' easement gravel road to get back to the property. Utilities/lateral are already in place at the street and onto the property.

Location

Street address
7545 E Troy Ave
Community
Marion - Franklin
School district
Franklin Township Com SCH Corp
Elevation
856 feet
Coordinates
39.7228, -86.0339

Property details

Acreage
4.68 acres
Zoning
Residential
MLS #
MIBOR 22080934
Posted

Parcels

  • 491025128118000300

Legal description

Listing history

DateEventPriceChangeSource
Jan 21, 2026New listing$240,000MIBOR
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This 4.68-acre property is located at 7545 E Troy Ave in Indianapolis, IN 46239. The property is available for sale for $240,000 with a price per acre of $51,282.

Checked 2 hours ago — Updated

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