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    4555 N Emerson Ave Indianapolis, IN 46226

    For Sale
    Contact for pricing

    Residential Lots - Indianapolis, IN

    Lot size:
    0.62 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 4555 N Emerson Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    490715119049000400
    Lot size
    0.62 Acres

    Building Details

    Architectural style
    Other

    REAL BROKER, LLC (317) 614-5445 [email protected]

    Listing agent Craig Deboor (317) 794-2827 License #RB14051913

    Listing date Nov 18, 2025

    MLS# 22056193 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 Devon Hills

    This 0.62-acre residential lot is situated in the established Devon Hills neighborhood on the northeast side of Indianapolis. The property is located in a mature area characterized by trees and natural privacy. This lot presents an opportunity for building a custom home. It may also be suitable for investors or builders seeking a new project.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop 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
    -86.083219
    Latitude
    39.839688

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    FAQs

    What type of property is this?
    Residential land & home lot - 0.62-acre residential lot in Indianapolis' Devon Hills neighborhood.
    Where is this residential land & home lot located?
    The property is located at 4555 N Emerson Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: - Large 0.62-acre residential lot.; - Located in the established Devon Hills neighborhood.; - Mature area with trees and natural privacy.
    (317) 794-2827
    Request Owner's contact information
    4555 N Emerson Ave Indianapolis, IN 46226
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    Indianapolis, IN 46226
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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
    4555 N Emerson Ave Indianapolis, IN 46226
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