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Residential Land in Indianapolis
For Sale
$35,000

1506 Faust Avenue, Indianapolis, IN 46203

Land, Indianapolis, IN

Property SizeContact for details
Lot Size0.88 Acres
Days on Market131

Property Features for 1506 Faust Avenue

General Information

Property type Land
Property subtype Other
Zoning ZO01
Subdivision No Subdivision
Elementary school district MSD Warren Township
Middle school district MSD Warren Township
High school district MSD Warren Township
Directions GPS Friendly
Standard status Active
APN 491015133013000700
Lot size 0.88 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Se1/4 Nw1/4 S15 T15 R4 Beg 280' W & 353.5' Sne Cor P.O.B. Sw138.06' S267.96' E130' N314.46' To Beg
Legal Description Pt Se1/4 Nw1/4 S15 T15 R4 Beg 280' W & 353.5' Sne Cor P.O.B. Sw138.06' S267.96' E130' N314.46' To Beg
Listing Agency: United Real Estate Indpls
Listed By: Ta'Sha Scott · License #RB20000396
Added: Apr 20 Changed: Aug 19 Last Checked: Aug 28 at 9:06PM
MLS# 22096612

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This property presents an opportunity to secure land suitable for residential development. The lot size is 0.88 acres. It is located in Indianapolis, Indiana, with the postal code 46203, situated in Marion County.

Key Highlights

  • Excellent potential for residential development.
  • Land available.
  • Great opportunity.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
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 offering excellent potential for development.
Where is this land located?
The property is located at 1506 Faust Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Excellent potential for residential development.; Land available.; Great opportunity.
More about this property
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