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1549 N Arsenal Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
1549 N Arsenal Avenue,Indianapolis, IN 46201
$425,000
  • 0.46 Acres
  • Lots / Land
  • Pending
Listed by: jason alsup
Office: exp realty, llc.
MLS#:22076967
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$425,000

About this home

This prime vacant parcel in Indianapolis presents an exceptional development opportunity, already approved for 16 residential units. Situated on a hard corner with excellent road frontage, the site offers strong visibility and access, ideal for a multi-unit residential project. An added advantage is the potential to acquire neighboring parcels, which could significantly expand the overall footprint and allow for additional units beyond the current approval. This flexibility creates a compelling upside for developers looking to scale or enhance density in a growing market. With approvals in place and expansion potential on the table, this property is well positioned for an efficient path from acquisition to development in a desirable Indianapolis location.

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Home facts

  • Subdivision & Development:Fletchers S A Jr North
  • Listing ID #:22076967
  • Added:219 day(s) ago
  • Updated:October 02, 2026 at 08:13 AM

Structure and exterior

  • Lot area:0.46 Acres
  • Lot Features:Cleared, Corner Lot

Utilities

  • Water:Municipal Water on Site, Public Water

Finances and disclosures

  • Price:$425,000
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