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Fishers Land Development Opportunity

11798 & 11842 E 131st Street, Fishers, IN 46038

For Sale
$1,800,000
Pending

Land, Fishers, IN

Property SizeContact for details
Lot Size11.52 Acres
Days on Market368

Property Features for 11798 & 11842 E 131st Street

General Information

Property type Land
Property subtype Other
Zoning R-2 and I-69 Overlay
Subdivision No Subdivision
Lot features Not In Subdivision, Suburb, Multiple
Elementary school Sand Creek Elementary
High school Fishers High School
Elementary school district Hamilton Southeastern Schools
Middle school district Hamilton Southeastern Schools
High school district Hamilton Southeastern Schools
Directions GPS Friendly
Standard status Pending
APN 291127000022004007
Lot size 11.52 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Acreage 5.76, Section 27, Township 18, Range 5
Tax Annual Amount 7084
Legal Description Acreage 5.76, Section 27, Township 18, Range 5

Utilities

Sewer type Public Sewer, Septic Tank
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Sharon Stamper Thompson · License IN RB14044406
Added: Nov 7, 2025 Changed: Oct 23 Last Checked: Nov 9 at 4:06PM
MLS# 22070369

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 11.5 acre site presents an exceptional development opportunity in Fishers, Indiana. The property benefits from excellent visibility and accessibility along E 131st Street, situated near Sand Creek Elementary and Intermediate Schools, and within walking distance of Fishers High School; all three schools are within 0.5 miles. Zoned R2 Residential and located within the I-69 Overland Overlay, the property is situated in an area designated by the City of Fishers Comprehensive Plan for Suburban Residential development. This supports future single-family residential or compatible neighborhood uses consistent with surrounding developments. With utilities nearby and strong surrounding demographics, this site is suitable for a residential subdivision, custom home sites, or long-term investment in a rapidly growing area of Fishers.

Key Highlights

  • Prime development opportunity in a highly desirable Fishers location.
  • Large 11.5‑acre site with excellent visibility and accessibility on E 131st Street.
  • Walking distance to Sand Creek Elementary, Sand Creek Intermediate, and Fishers High School.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center

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

82
Businesses Nearby

Demographics for 46038, IN

42,694
Population
17,738
Households
2.4
Avg Household Size
36
Median Age
60%
College-Educated
98%
High-School Grad
15.5 sq mi
ZIP Area
2,754
Density / Sq Mi
$105,092
Median Household Income
$61,220
Median Earnings
$1,489
Median Rent
$301,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Hamilton County

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Frequently Asked Questions

What type of property is this?
Land - 11.5 acre site ideal for residential development in Fishers.
Where is this land located?
The property is located at 11798 & 11842 E 131st Street Fishers, IN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime development opportunity in a highly desirable Fishers location.; Large 11.5‑acre site with excellent visibility and accessibility on E 131st Street.; Walking distance to Sand Creek Elementary, Sand Creek Intermediate, and Fishers High School.
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