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Five Adjacent Residential Lots
For Sale
$499,900

358 W 29th Street, Indianapolis, IN 46208

LAND - Indianapolis, IN

Property SizeContact for details
Lot Size0.11 Acres
Days on Market805

Property Features for 358 W 29th Street

General Information

Property type Land
Property subtype Other
Zoning D5
Subdivision Hubbards Add
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490626112026000101
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Hubbard Et Al Sub Hubbard Pk Hgts L39 Blk 2
Legal Description Hubbard Et Al Sub Hubbard Pk Hgts L39 Blk 2
Listing Agency: No Limit Real Estate, LLC
Listed By: Charlene Gaard · License #RB14033327
Added: May 23, 2024 Changed: Jun 16 Last Checked: Aug 5 at 2:06AM
MLS# 21980902

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.

Investment Insights

Based on property information with market context.

This offering consists of five adjacent residential lots sold together, with frontage at W 29th Street and a consistent lot depth. Each lot measures 40 feet by 138 feet, for a combined total lot size of 27,600 square feet. The parcels included in the sale are 344 W 29th St, 346 W 29th St, 350 W 29th St, 354 W 29th St, and 358 W 29th St. The properties are currently zoned D5.

The address for the listing is 358 W 29th Street in Indianapolis, Indiana. The seller’s remarks indicate the site is on the city’s west side and positioned close to major interstates, with the Children’s Museum also referenced in the immediate area.

For developers, builders, and investors, the combined footprint of five lots can support a planned approach to residential redevelopment, or other redevelopment concepts subject to zoning and entitlement approvals. With a current residential zoning designation, prospective buyers should review D5 requirements and the feasibility of any alternate use goals during the due diligence process. This is a single, consolidated opportunity for acquiring a multi-lot parcel configuration suitable for future site planning and design.

Key Highlights

  • Five adjacent lots totaling 27,600 sq. ft. offer significant development potential.
  • Prime location on Indianapolis's west side, close to major interstates and the Children's Museum.
  • Suitable for residential, multifamily, or commercial development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

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

607
Businesses Nearby

Demographics for 46208, IN

23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Five contiguous lots in Indianapolis, currently zoned D5, offering flexibility for future residential or commercial development plans.
Where is this residential land & home lot located?
The property is located at 358 W 29th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Five adjacent lots totaling 27,600 sq. ft. offer **significant development potential**.; Prime location on Indianapolis's west side, close to major interstates and the Children's Museum.; Suitable for residential, multifamily, or commercial development.
More about this property
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