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Land with Home for Sale in Indianapolis, Indiana

8605 E 86th St, Indianapolis, IN 46256

$320,000
2.2 acres
Pending sale
Under contract

Exceptional opportunity at 8605 E. 86th Street in a highly desirable Indianapolis location! Situated on a rare 2-acre parcel, this property offers incredible potential for homeowners, builders, or investors alike. With city utilities already connected, the groundwork is in place for your vision-whether you're looking to renovate, build new, or explore the possibility of subdividing or creating a mini-plat (buyer to verify). The expansive lot provides flexibility that's hard to find in this area. The existing home is being sold as-is, making it a perfect candidate for a renovation project or a complete redevelopment. Ideally located near shopping, dining, and major thoroughfares, this property combines prime location with development potential-a rare find in today's market. Don't miss your chance to unlock the possibilities this unique property has to offer!

2,000
Sq feet
3
Beds
2
Full baths
1951
Built

Location

Street address
8605 E 86th St
Zip code
46256
Community
Castleton Estates
School district
MSD Lawrence Township
Elevation
837 feet
Coordinates
39.9118, -86.0134

Property details

Acreage
2.2 acres
MLS #
MIBOR 22093666
Posted

Parcels

  • 490119137001000400

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Access, Mature Trees, Not in Subdivision

Structure

Style
Ranch
Stories
1
Water
Public
Heating
Forced Air, Natural Gas
Cooling
Central Air
Materials
Brick, Stone

Interior

Room Count
7
Rooms
Bathroom x 2, Bedroom x 3
Fireplaces
Yes
Features
Hardwood Floors

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
June 10, 2026Under contract$320,000MIBOR
May 2, 2026Listing removed$320,000Listing agent
Apr 19, 2026Under contract$320,000MIBOR
Apr 9, 2026New listing$320,000MIBOR
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This 2.2-acre property is located at 8605 E 86th St in Indianapolis, IN 46256. The property is pending sale. It has a 2,000 sq ft 3 bedroom, 2 bath house built in 1951.

Listed by Trueblood Real Estate, (317) 679-6330

Checked 2 hours agoUpdated Source

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