Vacant C-3 Development
For Sale
$39,900
1417 S Meridian Street, Indianapolis, IN 46225
Land, Indianapolis, IN
Property SizeContact for details
Lot Size0.12 Acres
Days on Market288
Property Features for 1417 S Meridian Street
General Information
Property type
Land
Property subtype
Other
Zoning
c3
Subdivision
Pennsylvania Cos
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Standard status
Active
APN
491113147016000101
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pennsylvania Cos Add L5
Legal Description
Pennsylvania Cos Add L5
Listing Agency:
Crossroads Realty, LLC
Listed By:
Nicole Crouch · License #RB14036446
(317) 514-7959
Added: Nov 24, 2025
Changed: Aug 28
Last Checked: Sep 8 at 5:06PM
MLS# 22074729
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 is a vacant lot offered for sale at 1417 S Meridian Street in Indianapolis, Indiana. The site is identified as commercial land and is set up for build-ready development, with zoning designated as C-3. Lot size is listed at 0.12 acres, providing a compact footprint for buyers and developers looking to fit a new build within the constraints of the parcel.
Per the public remarks, the property is positioned on S Meridian and described as centrally located with access to Fountain Square, Bates-Hendricks, UIndy, Lucas Oil, and major corridors. These surrounding connectivity points are relevant for anyone considering a residential or commercial concept that benefits from proximity to central destinations.
With zoning provided as C-3 and the parcel described as vacant, the property may suit a range of development plans depending on buyer goals. For investors and builders, it offers a small, defined site within a centrally referenced corridor. For owner-users exploring a new build, the listing frames the opportunity as having both residential buildability and commercial potential under the stated C-3 zoning designation.
Per the public remarks, the property is positioned on S Meridian and described as centrally located with access to Fountain Square, Bates-Hendricks, UIndy, Lucas Oil, and major corridors. These surrounding connectivity points are relevant for anyone considering a residential or commercial concept that benefits from proximity to central destinations.
With zoning provided as C-3 and the parcel described as vacant, the property may suit a range of development plans depending on buyer goals. For investors and builders, it offers a small, defined site within a centrally referenced corridor. For owner-users exploring a new build, the listing frames the opportunity as having both residential buildability and commercial potential under the stated C-3 zoning designation.
Key Highlights
- Rare residential buildability in a centrally located C‑3 zone.
- Excellent flexibility with both residential and commercial potential.
- Prime location near downtown Indianapolis.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Explore this area
Business Placement
Demographics for 46225, IN
6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant lot in a C-3 zone suited for flexible development near downtown access points.
Where is this commercial land located?
The property is located at 1417 S Meridian Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Rare residential buildability in a centrally located C‑3 zone.; Excellent flexibility with both residential and commercial potential.; Prime location near downtown Indianapolis.
