2878 Emerald Street, Indianapolis, IN 46268

Listing agent Ido Shuqrun License #RB16000711 Show Phone

Listing office Keller Williams Indy Metro S j***@kw.com Kingston St Ste 100 8102, Avon, IN Show Phone

Listing date Oct 4, 2025

Report an issue

MLS# 22063861 Listing URL

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.

---

Overview

This vacant residential land lot totals 0.12 acres and is being offered without an existing build from the current developer, giving the next owner the opportunity to design and build from the ground up. The property is also described as having no HOA, which can simplify ongoing oversight for residential development planning.

Located in the up-and-coming Augusta Heights neighborhood, the lot is positioned just minutes from Crooked Creek Shopping Center, WISH Park, and Ascension St. Vincent Hospital. Additional convenience is noted with a quick drive north to 86th Street for shopping, dining, and entertainment, and access south on Michigan Road toward downtown Indianapolis.

The property is well suited for owner-occupants who want to create a customized residence, as well as builders seeking a straightforward site for a new home project. It may also appeal to buyers looking for a residential development lot in a convenient Indianapolis location, where proximity to everyday services and recreation can support long-term livability for future occupants.

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.210612

Latitude

39.893005

Nearby Similar for Sale

• 

  $685,000

  Restaurant/QSR With Drive-Thru Potential

  Restaurant-ready space with recent upgrades, signalized access, and prominent visibility along a major northside retail corridor.

  5527 N Keystone Avenue, Indianapolis, IN 46220

  View Details
• 

  $149,000

  6,022 SF

  Value-Add Commercial Opportunity in Indianapolis

  Four-unit commercial property for renovation and repositioning near downtown.

  3427 W Michigan Street, Indianapolis, IN 46222

  View Details
• 

  $550,000

  Hard-Corner Retail/Office Building

  C-3 zoned building on a hard corner with strong traffic exposure, onsite parking, and flexible retail or office use.

  5243 Rockville Road, Indianapolis, IN 46224

  View Details
• 

  $260,000

  1,996 SF

  Freestanding Office Building on Shadeland

  Single-story office building on 0.30 acres, C-1 zoning.

  1109 N Shadeland Avenue, Indianapolis, IN 46219

  View Details
• 

  $399,000

  2,274 SF

  Freestanding Office Building on Shadeland

  Single-story office building with C-1 zoning in Indianapolis.

  1101 N Shadeland Avenue, Indianapolis, IN 46219

  View Details
• 

  $560,000

  Flexible Office Building with Detached Garage

  C-1 zoned building with a fenced outdoor area and detached garage, suited for office or education-oriented uses.

  2131 E 54th Street, Indianapolis, IN 46220

  View Details
• 

  $2,475,000

  Renovated Office Flex Complex

  Multi-tenant office and flex space with common parking and five leasable suites offering flexible occupancy options.

  9130 Otis Avenue, Indianapolis, IN 46216

  View Details
• 

  $4,350,000

  Heavy Industrial Dock-High Warehouse

  49,000 SF heavy industrial facility with multiple dock-high doors, office buildout, and 16'4" clear height.

  2334 Production Drive, Indianapolis, IN 46241

  View Details
• 

  $1,000,000

  Corner Two-Tenant Retail and Auto Site

  Remodeled two-tenant corner property in C-5 zoning, positioned for retail and auto-related business uses near major corridors.

  1121 E Troy Avenue, Indianapolis, IN 46203

  View Details
• 

  $700,000

  Multi-Office Building with Private Parking

  Commercial-office building with 16 offices, large windows, and a private parking lot near major thoroughfares.

  1300 N Pennsylvania Street, Indianapolis, IN 46202

  View Details
• 

  $1,200,000

  Auto Shop with Paint Booth

  Automotive repair facility with a custom paint booth, office, and multiple work bays supported by front and rear vehicle access.

  7086 Southeastern Avenue, Indianapolis, IN 46239

  View Details
• 

  $1,499,999

  10,789 SF

  Keystone Avenue Redevelopment Opportunity

  1.63 acres with flexible zoning in evolving urban area.

  4498 North Keystone Avenue, Indianapolis, IN 46205

  View Details

FAQs

What type of property is this?

Residential land & home lot - Build a custom home on a vacant residential lot with no HOA near shopping and major local amenities.

Where is this residential land & home lot located?

The property is located at 2878 Emerald Street Indianapolis, IN.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: 0.12‑acre vacant lot in the Augusta Heights neighborhood with no HOA; Public sewer available; Location convenience near Crooked Creek Shopping Center, WISH Park, and Ascension St. Vincent Hospital