Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3115 Sapphire Blvd Indianapolis, IN 46268

    Sponsored
    For Sale
    Contact for pricing

    Residential Lots - Indianapolis, IN

    Lot size:
    0.12 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 8 at 9:06 pm

    Property Features for 3115 Sapphire Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    ZO01
    APN
    490329105306000600
    Lot size
    0.12 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Ido Shuqrun (317) 271-5959 License #RB16000711

    Listing date Dec 18, 2025

    MLS# 22072712 Listing URL

    Copyright © 2026 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 Prime Location

    This 0.12-acre residential lot presents an opportunity for a custom home build in a convenient Indianapolis location. The property has no Home Owners Association. Situated minutes from Crooked Creek Shopping Center, WISH Park, and Ascension St. Vincent Hospital, the location provides easy access to everyday conveniences and recreation. A short drive north to 86th Street offers extensive shopping, dining, and entertainment options, while heading south on Michigan Road leads directly to downtown Indianapolis. This undeveloped lot is suitable for homeowners seeking a custom build, builders looking for a project site, or investors interested in long-term potential. The buyer will be responsible for developing the lot, as there are currently no utilities on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.211825
    Latitude
    39.895111

    Nearby Similar for Sale

    • $543,000
      0.15 Acres

      High-End Rebuilt Duplex in Indianapolis

      Fully furnished duplex with excellent rental history and modern amenities.
      606/608 N Emerson Ave, Indianapolis, IN 46219
      View Details
    • New
      $1,300,000
      13,400 SF

      Indianapolis Multi-Family Investment Opportunity

      17-unit rental portfolio near I-465 with diverse unit types.
      3805 Biscayne Rd, Indianapolis, IN 46226
      View Details
    • New
      $444,900
      0.14 Acres

      Turnkey Duplex in Downtown Indianapolis

      Cash-flowing duplex with modern updates, strong rental income potential.
      1036 N Parker Ave, Indianapolis, IN 46201
      View Details
    • New
      $719,800
      0.26 Acres

      New Construction Duplex Near Monon

      New construction duplex near Monon offering urban living and investment potential.
      2051-2053 Columbia Ave, Indianapolis, IN 46202
      View Details
    • $290,000
      Pending

      Indianapolis Duplex in Englewood Neighborhood

      Investment or owner-occupancy opportunity in thriving Englewood neighborhood.
      233 N Oxford St, Indianapolis, IN 46201
      View Details
    • $425,000
      2,156 SF

      Indianapolis Mixed-Use Property with Daycare

      Two-bedroom home with daycare business opportunity on a large lot.
      839 S Lynhurst Dr, Indianapolis, IN 46241
      View Details
    • $205,000
      Pending

      Indianapolis Duplex Near Eastside

      3-bedroom, 1-bath duplex near downtown Indianapolis.
      1018 N Tuxedo St, Indianapolis, IN 46201
      View Details
    • $375,000
      0.13 Acres

      Updated Duplex Near Monon Trail

      Renovated duplex near Monon Trail, ideal for investors.
      2321 Guilford Ave, Indianapolis, IN 46205
      View Details
    • $240,000
      Pending

      Renovated Duplex in Indianapolis

      Two-story duplex with updated interiors, near Christian Park.
      323-325 N Gladstone Ave, Indianapolis, IN 46201
      View Details
    • $395,000
      0.14 Acres

      Charming Triplex with Cashflow Potential

      Well-maintained triplex with historical charm, ideal for investment or owner-occupancy.
      1102 N Oakland Ave, Indianapolis, IN 46201
      View Details
    • New
      $429,000
      0.16 Acres

      Broad Ripple Multifamily Investment Opportunity

      Four-unit property near Monon Trail and Broad Ripple Avenue.
      5917 Carrollton Ave, Indianapolis, IN 46220
      View Details
    • $224,000
      0.15 Acres

      Turnkey Duplex Close to Downtown

      Updated duplex near downtown Indianapolis, ready for immediate occupancy.
      1020-1022 N Rural St, Indianapolis, IN 46201
      View Details

    FAQs

    What type of property is this?
    Land - 0.12 acre residential lot for custom build in Indianapolis.
    Where is this land located?
    The property is located at 3115 Sapphire Blvd Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Prime location minutes from Crooked Creek Shopping Center, WISH Park, and Ascension St. Vincent Hospital.; - No HOA, offering freedom and flexibility in design and construction.; - Opportunity to build a custom home from the ground up.
    (317) 271-5959
    Request Owner's contact information
    3115 Sapphire Blvd Indianapolis, IN 46268
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3115 Sapphire Blvd
    Indianapolis, IN 46268
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3115 Sapphire Blvd Indianapolis, IN 46268
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.