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Residential Development Land Indianapolis
For Sale
$149,000

4459 Mann Road, Indianapolis, IN 46221

LAND - Indianapolis, IN

Lot Size4.94 Acres
Days on Market124

Property Features for 4459 Mann Road

General Information

Property type Land
Property subtype Other
Zoning D6-II (Multifamily Use)
Subdivision No Subdivision
Middle school Decatur Middle School
Elementary school district MSD Decatur Township
Middle school district MSD Decatur Township
High school district MSD Decatur Township
Directions GPS Friendly
Standard status Active
APN 491131111020000200
Lot size 4.94 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Superior Gardens Add L10
Legal Description Superior Gardens Add L10
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: Jaskaran Jossan · License #RB21000870
Added: Mar 31 Changed: Aug 1 Last Checked: Aug 1 at 12:06PM
MLS# 22092415

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.

Investment Insights

Based on property information with market context.

This 4.94-acre wooded residential development land is located in Indianapolis. Zoned D-6II (Dwelling District Six II), the site supports high-density residential development. Multifamily apartments, townhomes, and cluster-style housing configurations are all permitted, making the site suitable for various residential development concepts. The property is located in close proximity to I-465 (Exit 7 - Mann Rd), providing excellent regional access and positioning the site well for new residential development. This site presents a strong opportunity for developers and investors seeking multifamily residential land within Marion County.

Key Highlights

  • 4.94 acres of land zoned D‑6II for high‑density residential development.
  • Supports multifamily apartments, townhomes, and cluster‑style housing.
  • Excellent regional access via close proximity to I‑465 (Exit 7 - Mann Rd).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 46221, IN

27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value

Market

Properties on Market for Land in Indianapolis

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Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 4.94 acres of wooded land zoned for multifamily development.
Where is this land located?
The property is located at 4459 Mann Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 4.94 acres of land zoned D‑6II for high‑density residential development.; Supports multifamily apartments, townhomes, and cluster‑style housing.; Excellent regional access via close proximity to I‑465 (Exit 7 - Mann Rd).
More about this property
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