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    5820 Bonnie Brae St Indianapolis, IN 46228

    Pending
    For Sale
    $40,000

    Residential Lots - Indianapolis, IN

    Lot size:
    0.16 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 12 at 3:06 pm

    Property Features for 5820 Bonnie Brae St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Residential
    APN
    490603106154000800
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    SGA Enterprises, Inc (317) 255-7285 [email protected]

    Listing agent Jade Cline (317) 216-8800

    Listing date Oct 12, 2025

    MLS# 22065042 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 Neighborhood

    This property consists of two residential corner lots located in a neighborhood in Indianapolis, Indiana. The combined area of the two parcels is approximately 14,117 square feet. The zoning is D-5, which allows for medium to large-lot housing formats. The two lots are almost equal in size. The property is identified by the following parcels: 49-06-03-106-152.000-800 and 49-06-03-106-154.000-800.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply 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
    -86.195713
    Latitude
    39.859729

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    FAQs

    What type of property is this?
    Residential land & home lot - Two residential lots totaling 14,117 sq ft in Indianapolis.
    Where is this residential land & home lot located?
    The property is located at 5820 Bonnie Brae St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Zoned D-5 for medium to large-lot housing formats.; - Total lot size of approximately 14,117 sq ft.; - Comprises two residential parcels.
    (317) 216-8800
    Request Owner's contact information
    5820 Bonnie Brae St Indianapolis, IN 46228
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    Indianapolis, IN 46228
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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
    5820 Bonnie Brae St Indianapolis, IN 46228
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