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1649 S Delaware Street, Indianapolis, IN 46225

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For Sale

$34,000

0.07 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

Incredible opportunity to build in the heart of the rapidly revitalizing Old Southside neighborhood! Located at 1649 S Delaware St, this flat, grassy .07-acre lot offers both road frontage and rear alley access, making it an ideal setup for new construction. Whether you're an investor seeking your next development play or a future homeowner looking to build your dream house, this location delivers. Surrounded by new builds and beautifully renovated homes, this area sits just south of downtown Indianapolis and has become a hot spot for a variety of investment strategies-including build-and-sell flips, or short, mid, and long-term rentals. The lot's prime proximity to downtown makes it especially appealing for furnished mid-term or short-term rental use. Owner-occupants will love the chance to build a custom home in a walkable, growing neighborhood. Plus, the home directly to the south is also for sale (1653 S Delaware - different owner), presenting a unique opportunity to combine both parcels-ideal for a large yard, second build, or side-by-side rentals. Don't miss your chance to be part of the continued growth in one of Indy's most promising urban neighborhoods. Drive by today and imagine the possibilities!
MLS# 22037053

Courtesy Of Keller Williams Indianapolis Metro North

(317) 846-6300

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.07 Acres

Map and Directions

Directions to 1649 S Delaware Street, Indianapolis, IN 46225

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 814-5500
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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