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    2422 Nicolai St Indianapolis, IN 46239

    Picture of Land at Nicolai St 2422, Indianapolis, IN
    Pending
    For Sale
    $35,000

    Residential Land - Indianapolis, IN

    Lot size:
    1.55 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 2422 Nicolai St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    49-09-22-103-002.000-700
    Lot size
    1.55 Acres

    Building Details

    Architectural style
    Other

    Uptown Realty Group (260) 615-5909

    Listing agent Damion Chapman (260) 615-5909 License #RB21001170

    Listing date Nov 25, 2025

    MLS# 202546171 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warren Township Residential Land

    Located in Warren Township, Indianapolis, this approximately 1.5-acre residential lot presents a development opportunity. The buildable lot offers commercial potential, subject to zoning approval. It is suitable for a new single-family home or a potential mixed-use project. All information is deemed accurate but not guaranteed, and verification of data, including zoning status, permits, and utility connections, is the responsibility of the buyer and agent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Hotel & Motel HVAC Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.959337
    Latitude
    39.738108

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    FAQs

    What type of property is this?
    Land - 1.5-acre residential lot with commercial potential in Indianapolis.
    Where is this land located?
    The property is located at 2422 Nicolai St 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: - 1. 4-acre buildable residential lot; - Prime development opportunity in Warren Township; - Excellent commercial potential (subject to zoning approval)
    (260) 615-5909
    Request Owner's contact information
    2422 Nicolai St Indianapolis, IN 46239
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    Indianapolis, IN 46239
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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
    2422 Nicolai St Indianapolis, IN 46239
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