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    1319 Prospect St Indianapolis, IN 46203

    For Sale
    $250,000

    Residential Lots - Indianapolis, IN

    Lot size:
    0.26 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 1319 Prospect St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    D4
    APN
    491018231142000101
    Lot size
    0.26 Acres

    Building Details

    Architectural style
    Other

    Highgarden Real Estate (317) 280-4663 [email protected]

    Listing agent Leyton Wellbaum (317) 205-4320 License #RB14048234

    Listing date Nov 19, 2025

    MLS# 22010245 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

    Prime Lot in Fountain Square

    Located at 1319 Prospect St in Indianapolis, this 0.26-acre lot presents an exceptional development opportunity in the heart of Fountain Square. Zoned D4, the 63x180 lot offers potential for a multi-family residence or a dynamic mixed-use property. The location is surrounded by trendy restaurants, eclectic shops, and bustling bars, making it a canvas for creative urban development. This property is an investment opportunity to transform this lot into a thriving hub.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.136054
    Latitude
    39.752103

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    FAQs

    What type of property is this?
    Land - Large lot in vibrant Fountain Square, ideal for development.
    Where is this land located?
    The property is located at 1319 Prospect St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Large 63x180 lot ideal for development.; - Prime location in the heart of Fountain Square.; - Potential for multi-family residence or mixed-use property.
    (317) 205-4320
    Request Owner's contact information
    1319 Prospect St Indianapolis, IN 46203
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    Indianapolis, IN 46203
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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
    1319 Prospect St Indianapolis, IN 46203
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