Rezoning-Ready Residential Land
5616 Victory Drive Indianapolis, IN 46203
For Sale
$1,200,000
COMMERCIAL - Indianapolis, IN
Lot Size2.50 Acres
Days on Market20
Property Features for 5616 Victory Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
dwelling agricultural
Standard status
Active
APN
491034123013000300
Lot size
2.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Sw1/4 Ne1/4 S34 T15 R4 Beg 495Ft E Of Sw Cor N660ft E 165Ft S 660Ft W 165Ft To Beg 2.5Ac
Utilities
Water source
Well
Building Details
Year built
1940
Listing Agency:
Mike Watkins Real Estate Group
(317) 882-6453
Listed By:
Patrick Watkins · License #RB14036818
(317) 882-6453
Added: Jul 10
Changed: Jul 15
Last Checked: Jul 29 at 2:06PM
MLS# 22112794
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 2.5-acre parcel is for sale as residential-zoned land, with a home on site. The property is described as the next parcel in line along the street that could be rezoned for commercial use, though rezoning would be required for any commercial development.
The property is located at 5616 Victory Drive in Indianapolis, Indiana, in Marion County. Public remarks note it is within a few minute drive of I-465.
Zoning is listed as “dwelling agricultural,” and the property is being marketed as a land option for buyers interested in pursuing rezoning for commercial use.
The property is located at 5616 Victory Drive in Indianapolis, Indiana, in Marion County. Public remarks note it is within a few minute drive of I-465.
Zoning is listed as “dwelling agricultural,” and the property is being marketed as a land option for buyers interested in pursuing rezoning for commercial use.
Key Highlights
- 2.5‑acre parcel with a home built in 1940
- Currently zoned residential; could be eligible for commercial zoning subject to rezoning
- Water source: well
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.5-acre parcel currently zoned residential, with potential for commercial rezoning on the street.
Where is this residential land & home lot located?
The property is located at 5616 Victory Drive Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2.5‑acre parcel with a home built in 1940; Currently zoned residential; could be eligible for commercial zoning subject to rezoning; Water source: well
