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    225 Iowa St Indianapolis, IN 46225

    For Sale
    $32,500

    Unimproved Land - Indianapolis, IN

    Type:Unimproved Land
    Lot size:
    0.13 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 225 Iowa St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    ZO01
    APN
    491113171029000101
    Exterior features
    Corner Lot
    Lot size
    0.13 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Indy Metro West (317) 271-5959 [email protected]

    Listing agent Chris Price (317) 271-5959 License #RB14030267

    Listing date Dec 2, 2025

    MLS# 22057886 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

    Vacant Lot in Bates-Hendricks

    This vacant city lot is located in the Bates-Hendricks neighborhood. Its location provides close proximity to multiple interstates, several parks, and downtown Indianapolis. The buildable lot measures 32'x138' and is zoned industrial with potential for commercial and residential use. The lot is one of multiple available in the neighborhood, with several contiguous lots on the same block. The property is believed to have utilities on site. The lot size is 0.13 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon 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
    -86.153273
    Latitude
    39.743309

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    FAQs

    What type of property is this?
    Land - Vacant city lot in prime Indianapolis location.
    Where is this land located?
    The property is located at 225 Iowa St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $32,500.
    What are key features of this property?
    This property features: - Prime location in the desirable Bates-Hendricks neighborhood.; - Buildable 32'x138' lot.; - Close proximity to multiple interstates, parks, and downtown.
    (317) 271-5959
    Request Owner's contact information
    225 Iowa St Indianapolis, IN 46225
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    Indianapolis, IN 46225
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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
    225 Iowa St Indianapolis, IN 46225
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