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    2002 E Washington St Indianapolis, IN 46201

    For Sale
    $95,000

    Residential Lots - Indianapolis, IN

    Lot size:
    0.20 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 2002 E Washington St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    491103172069000101
    Lot size
    0.20 Acres

    Building Details

    Architectural style
    Other

    NO LIMIT Real Estate, LLC (317) 440-2149 [email protected]

    Listing agent Charlene Gaard (317) 440-2149 License #RB14033327

    Listing date Oct 10, 2025

    MLS# 22067603 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

    Development Opportunity on East Washington

    This 0.2-acre (8,568 sq ft) lot presents a development opportunity on the East Washington Street corridor. Zoned MU-1 and featuring flat, level topography, the site is suitable for mixed-use development, including retail storefronts, live-work spaces, multi-unit residential buildings, or office properties. Water and sewer are available on-site. The location on East Washington St provides access to downtown Indianapolis, major roadways, and public transit. The property benefits from street frontage and high visibility, positioned for appreciation and traffic. The area is experiencing revitalization, with infrastructure updates, new businesses, and community investment. This location is suitable for investors, builders, or business owners looking to establish a presence in an improving neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    -86.195751
    Latitude
    39.766631

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    FAQs

    What type of property is this?
    Commercial land - 0.2-acre lot ready for development in Indianapolis' thriving corridor.
    Where is this commercial land located?
    The property is located at 2002 E Washington St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Prime MU-1 zoning allows for flexible mixed-use development.; - Utilities (water and sewer) are already available on-site.; - Located on the high-traffic East Washington Street corridor, minutes from downtown Indianapolis.
    (317) 440-2149
    Request Owner's contact information
    2002 E Washington St Indianapolis, IN 46201
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    Indianapolis, IN 46201
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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
    2002 E Washington St Indianapolis, IN 46201
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