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    2618 E Michigan St Indianapolis, IN 46201

    For Sale
    $55,000

    Residential Lots - Indianapolis, IN

    Lot size:
    0.12 Acres
    Days on Market:
    126
    Last Refresh:
    Dec 11 at 7:06 pm

    Property Features for 2618 E Michigan St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    491005153003000101
    Lot size
    0.12 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Indy South (317) 884-5000 [email protected]

    Listing agent Patsy Coffey (317) 884-5000 License #RB14019544

    Listing date Aug 8, 2025

    MLS# 22022610 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

    Residential Lot in Indianapolis

    This residential lot, located a short drive from downtown Indianapolis, is available for sale. Zoned for residential use, the property offers an opportunity to build a custom home. The lot size is approximately 0.12 acres. Prospective buyers are encouraged to bring their builders and plans to begin construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.118447
    Latitude
    39.774697

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot suitable for building a dream home near downtown.
    Where is this residential land & home lot located?
    The property is located at 2618 E Michigan St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - Short drive from downtown Indy.; - Lot is ready for a new home.; - Bring your own builder.
    (317) 884-5000
    Request Owner's contact information
    2618 E Michigan 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
    2618 E Michigan St Indianapolis, IN 46201
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