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    5400 Greenfield Ave Indianapolis, IN 46219

    Picture of Land at Greenfield Ave 5400, Indianapolis, IN
    For Sale
    $400,000

    Residential Lots - Indianapolis, IN

    Lot size:
    2.16 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 11 at 5:06 pm

    Property Features for 5400 Greenfield Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    D-5
    APN
    491010183040000701
    Lot size
    2.16 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Shelly Johnson (317) 882-5900 License #RB14043056

    Listing date Dec 3, 2025

    MLS# 22067991 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 Lots in Indianapolis, IN

    An excellent opportunity for builders and investors is available with 14 residential lots totaling 2.16 acres. Each lot measures approximately 0.15 acres, offering flexible build options. All utilities are available near the site, streamlining the development process. The location provides convenient access to I-465. The sale includes multiple lots on Greenfield Ave, Burgess Ave, and S Whittier Pl. The owner is willing to sell the lots individually.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -86.075552
    Latitude
    39.761689

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    FAQs

    What type of property is this?
    Land - 14 residential lots totaling 2.16 acres in Indianapolis.
    Where is this land located?
    The property is located at 5400 Greenfield Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - 14 residential lots totaling 2.16 acres.; - Excellent opportunity for builders and investors.; - All utilities are available near the site.
    (317) 882-5900
    Request Owner's contact information
    5400 Greenfield Ave Indianapolis, IN 46219
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    5400 Greenfield Ave
    Indianapolis, IN 46219
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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
    5400 Greenfield Ave Indianapolis, IN 46219
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