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2249-2287 S Madison Ave Indianapolis, IN 46225

Pending
For Sale
$225,000

Residential Lots - Indianapolis, IN

Lot size:
1.00 Acre
Days on Market:
20
Last Refresh:
Dec 8 at 12:06 pm

Property Features for 2249-2287 S Madison Ave

General Information

Property type
Land
Property subtype
Other
Standard status
Pending
Zoning
Residential
APN
491124113008000101
Lot size
1.00 Acre

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# 22059575 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 Residential Development Opportunity

This is a prime development opportunity consisting of 11 consecutive residential lots located on Madison Avenue, just south of downtown Indianapolis, Indiana. The site totals over 1 acre of land and offers flexible potential for duplex development to maximize rental income or resale value with multi-unit new construction, or for single-family homes, creating modern infill homes in a rapidly appreciating corridor. The location is minutes from downtown, Fountain Square, and Garfield Park. This corridor is experiencing rapid redevelopment, with strong demand for both rentals and owner-occupied housing. The property is located in Indianapolis, IN, with a postal code of 46225, in Marion County.
Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
-86.153864
Latitude
39.735086

FAQs

What type of property is this?
Residential land & home lot - 11 contiguous lots near downtown Indianapolis, ideal for development.
Where is this residential land & home lot located?
The property is located at 2249-2287 S Madison Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: - Prime development opportunity: 11 consecutive lots totaling over 1 acre.; - Ideal location: Minutes from downtown Indianapolis, Fountain Square, and Garfield Park.; - Flexible potential: Suitable for duplex development or single-family homes.
More about this property
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