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Residential Lots in Indianapolis, IN
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Pending

1040 N Elder Avenue, Indianapolis, IN 46222

Land, Indianapolis, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market288

Property Features for 1040 N Elder Avenue

General Information

Property type Land
Property subtype Other
Zoning d5
Subdivision Stouts 10Th St
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 490634105009000101
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Stouts 10th St Add L726
Legal Description Stouts 10th St Add L726
Listing Agency: Crossroads Realty, LLC
Listed By: Nicole Crouch · License #RB14036446
Added: Nov 24, 2025 Changed: Aug 28 Last Checked: Sep 8 at 5:06PM
MLS# 22074721

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents an opportunity to build a home. The lot can be purchased with the adjacent lot at 1044 N Elder Avenue. The buyer is responsible for all due diligence, including survey, utility connection information, and building codes. The property is located in Indianapolis, IN, with a postal code of 46222, situated in Marion County. The lot size is approximately 0.1 acres.

Key Highlights

  • Opportunity to build a custom home.
  • Adjacent lot also available for purchase.
  • Great opportunity.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Hair Salon Spa & Massage Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,343
Businesses Nearby

Demographics for 46222, IN

37,185
Population
15,782
Households
2.4
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
11.0 sq mi
ZIP Area
3,380
Density / Sq Mi
$45,198
Median Household Income
$30,548
Median Earnings
$1,050
Median Rent
$104,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Residential lots available for building a home in Indianapolis.
Where is this land located?
The property is located at 1040 N Elder Avenue Indianapolis, IN.
What are key features of this property?
This property features: Opportunity to build a custom home.; Adjacent lot also available for purchase.; Great opportunity.
More about this property
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