Indianapolis Land Approved for Development

1549 N Arsenal Avenue, Indianapolis, IN 46201

View on Map

Pending

$425,000

LAND - Indianapolis, IN

Lot size:

0.46 Acres

HighLights

Approved for 16 residential units, enabling immediate development.
Prime location on a hard corner with excellent road frontage and visibility.
Exceptional development opportunity in a desirable Indianapolis location.
Potential to acquire neighboring parcels for expansion and increased density.
Strong access, ideal for a multi‑unit residential project.
Corner lot.

We can help!

Listing Contact

Jason Alsup

Pending

$425,000

LAND - Indianapolis, IN

Lot size:

0.46 Acres

Added:: Dec 16, 2025
Days on Market:: 179
Last Refresh:: Jun 13 at 12:06 pm

Property Features for 1549 N Arsenal Avenue

General Information

Property type: Land
Property subtype: Other
Zoning: R4
Standard status: Pending
APN: 490731173022000101
Lot size: 0.46 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: S A Fletcher Jrs North Add L7 & L8

Utilities

Sewer type: Public Sewer
Water source: Public

We can help!

Listing Contact

Jason Alsup

Listing agent Jason Alsup License #RB14035549

Listing office eXp Realty, LLC Counselors Row Ste 200 9465, IN

Listing date Dec 16, 2025

MLS# 22076967 Listing URL

HighLights

Approved for 16 residential units, enabling immediate development.
Prime location on a hard corner with excellent road frontage and visibility.
Exceptional development opportunity in a desirable Indianapolis location.
Potential to acquire neighboring parcels for expansion and increased density.
Strong access, ideal for a multi‑unit residential project.
Corner lot.

Overview

This vacant parcel in Indianapolis is approved for the development of 16 residential units. The property is located on a hard corner and features road frontage, providing visibility and access suitable for a multi-unit residential project. There is potential to acquire neighboring parcels to expand the footprint and allow for additional units. The property is located in Indianapolis, Indiana. The lot size is 0.46 acres. The zoning is R4.

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.13371
Latitude: 39.788219

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For sale
Land
IN
Indianapolis
46201
1549 N Arsenal Avenue

What type of property is this?

Land - Vacant parcel approved for 16 residential units in Indianapolis.

Where is this land located?

The property is located at 1549 N Arsenal Avenue Indianapolis, IN.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: Approved for 16 residential units, enabling immediate development.; Prime location on a hard corner with excellent road frontage and visibility.; Exceptional development opportunity in a desirable Indianapolis location.

1549 N Arsenal Avenue, Indianapolis, IN 46201

LAND - Indianapolis, IN

Property Features for 1549 N Arsenal Avenue

General Information

Taxes and HOA fees

Utilities

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Value-Add Commercial Opportunity in Indianapolis

Hard-Corner Retail/Office Building

Freestanding Office Building on Shadeland

Freestanding Office Building on Shadeland

Flexible Office Building with Detached Garage

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Auto Shop with Paint Booth

Keystone Avenue Redevelopment Opportunity

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