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Residential Lots in Indianapolis
For Sale
$1,298,000
Pending

2542 Walker Place, Indianapolis, IN 46203

Land, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market443

Property Features for 2542 Walker Place

General Information

Property type Land
Property subtype Other
Zoning Residential
Zoning description Single Family
Subdivision Walker Place
Lot features Access, Cul-De-Sac, Townhouse
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 491019113002009101
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Walker Place L7b
Tax Annual Amount 242
HOA Fee $75 Monthly
Legal Description Walker Place L7b

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Indianapolis Homes Realty Group
Listed By: Tricia Kincaid
Added: Aug 13, 2025 Changed: Oct 8 Last Checked: Oct 29 at 5:06AM
MLS# 22023862

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.

Located in Marion County/Center Township, this property features 22 residential lots zoned for single-family homes. The property is ready for development, offering the possibility for a developer or investor to build a new community. The location provides access to downtown Indianapolis within minutes and is near Fountain Square, Garfield Park, and Sahm Golf Course. Bean Creek borders the southern tip of the cul-de-sac. The seller is open to selling individual lots or building the entire community.

Key Highlights

  • 22 ready‑to‑build single‑family home lots.
  • Zoned for single‑family homes.
  • Preparation work for building is complete.

Property Analytics

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Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant

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

321
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - 22 residential lots zoned for single-family homes near downtown Indy.
Where is this land located?
The property is located at 2542 Walker Place Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: 22 ready‑to‑build single‑family home lots.; Zoned for single‑family homes.; Preparation work for building is complete.
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