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Land with Home for Sale in Indianapolis, Indiana

8605 E 86th St, Indianapolis, IN 46256

$320,000
2.2 acres
Active sale
ago
Est $1,736/mo

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
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

Exterior

Parking
Garage

Structure

Style
Ranch
Heating
Fireplace(s), Forced Air, Natural Gas
Cooling
Central Air
Materials
Brick, Stone

Interior

Room Count
7
Rooms
Bathroom x 2, Bedroom x 3, Dining Room, Kitchen, Laundry, Living Room
Fireplaces
Yes
Features
Hardwood Floors

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
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 available for sale for $320,000. It has a 2,000 sq ft 3 bedroom, 2 bath house built in 1951.

Checked 1 hour ago — Updated

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