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    11805 E 62Nd St Indianapolis, IN 46235

    For Sale
    $3,000,000

    Agriculture - Indianapolis, IN

    Type:Agriculture
    Lot size:
    75.41 Acres
    Days on Market:
    166
    Last Refresh:
    Dec 9 at 7:06 pm

    Property Features for 11805 E 62Nd St

    General Information

    Property type
    Land
    Property subtype
    Agriculture
    Standard status
    Active
    Zoning
    DA
    APN
    490803126001000407
    Lot size
    75.41 Acres

    Building Details

    Architectural style
    Other

    TurnKey Realty of Indiana, LLC (317) 498-7847 [email protected]

    Listing agent Brittany Burke (317) 318-9525 License #RB14038357

    Listing date Jun 27, 2025

    MLS# 21883456 Listing URL

    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.

    Overview

    Residential Development Land Opportunity

    This 75.41-acre property, currently zoned for agricultural use, presents a residential development opportunity. Located where Oaklandon Road turns into 62nd Street in Indianapolis, Indiana, the land is surrounded by single-family residential areas and is adjacent to numerous amenities along Pendleton Pike. All utilities are available at or adjacent to the property. The seller is willing to collaborate with the buyer on rezoning the land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.95927
    Latitude
    39.864914

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    FAQs

    What type of property is this?
    Land - 75.41 acres ideal for residential development in Indianapolis, IN.
    Where is this land located?
    The property is located at 11805 E 62Nd St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - 75.41 acres ideal for residential development.; - Located in an area surrounded by single family homes and adjacent to amenities along Pendleton Pike.; - Seller will work with buyer on rezoning from agricultural use.
    (317) 318-9525
    Request Owner's contact information
    11805 E 62Nd St Indianapolis, IN 46235
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    Indianapolis, IN 46235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11805 E 62Nd St Indianapolis, IN 46235
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