Indianapolis Land Approved for
For Sale
$425,000
Pending
1549 N Arsenal Avenue, Indianapolis, IN 46201
Land, Indianapolis, IN
Property SizeContact for details
Lot Size0.46 Acres
Days on Market255
Property Features for 1549 N Arsenal Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
R4
Subdivision
Fletchers S A Jr North
Lot features
Access, Corner Lot
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
490731173022000101
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
S A Fletcher Jrs North Add L7 & L8
Legal Description
S A Fletcher Jrs North Add L7 & L8
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Jason Alsup · License #RB14035549
(812) 734-6048
Added: Dec 16, 2025
Changed: Aug 19
Last Checked: Aug 28 at 7:06PM
MLS# 22076967
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 vacant parcel in Indianapolis is approved for the development of 16 residential units. The property is located on a hard corner and features road frontage, providing visibility and access suitable for a multi-unit residential project. There is potential to acquire neighboring parcels to expand the footprint and allow for additional units. The property is located in Indianapolis, Indiana. The lot size is 0.46 acres. The zoning is R4.
Key Highlights
- Approved for 16 residential units, enabling immediate development.
- Prime location on a hard corner with excellent road frontage and visibility.
- Exceptional development opportunity in a desirable Indianapolis location.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Explore this area
Business Placement
Demographics for 46201, IN
31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
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 - Vacant parcel approved for 16 residential units in Indianapolis.
Where is this land located?
The property is located at 1549 N Arsenal Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Approved for 16 residential units, enabling immediate development.; Prime location on a hard corner with excellent road frontage and visibility.; Exceptional development opportunity in a desirable Indianapolis location.
