Commercial Development Land
For Sale
$279,000
4460 Mann Road, Indianapolis, IN 46221
LAND - Indianapolis, IN
Lot Size3.45 Acres
Days on Market200
Property Features for 4460 Mann Road
General Information
Property type
Land
Property subtype
Other
Zoning
C-3, D6-II
Subdivision
No Subdivision
Middle school
Decatur Middle School
Elementary school district
MSD Decatur Township
Middle school district
MSD Decatur Township
High school district
MSD Decatur Township
Directions
GPS Friendly
Standard status
Active
APN
491131112005000200
Lot size
3.45 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt Sw1/4 Ne1/4 S31 T15 R3 298.76' E Of Sw Cor P.O.B. N264.67' E395.99' S270.79' W340.14' To Beg 2.341 Ac
Legal Description
Pt Sw1/4 Ne1/4 S31 T15 R3 298.76' E Of Sw Cor P.O.B. N264.67' E395.99' S270.79' W340.14' To Beg 2.341 Ac
Listing Agency:
Keller Williams Indy Metro S · Keller Williams Realty
(317) 882-5900
Listed By:
Jaskaran Jossan · License #RB21000870
(317) 882-5900
Added: Jan 13
Changed: Aug 1
Last Checked: Aug 1 at 9:06AM
MLS# 22079918
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 for-sale development land offering is presented as a packaged sale of two parcels conveyed together at closing, totaling 3.45 acres. The primary parcel is 2.34 acres zoned C-3 Commercial and is suited to a wide range of retail, service, and office uses. An adjacent 1.11-acre parcel is zoned D6II and is positioned for high-density multifamily residential development, with flexibility for residential or mixed-use configurations. The site has flat topography, with utilities available on or near the property, and it is located outside the FEMA floodplain.
The property is located minutes from the I-465 & Mann Rd interchange on the southwest side of Indianapolis. Mann Road carries approximately 10,016 vehicles per day based on 2025 AADT, providing strong connectivity to I-465 and surrounding residential growth corridors.
This configuration can support developers and end users seeking a combined commercial and multifamily land plan within a single transaction, while also benefiting from straightforward access to the interstate interchange. With both parcels included at closing, buyers can evaluate C-3 commercial development and D6II multifamily options together under one ownership structure.
The property is located minutes from the I-465 & Mann Rd interchange on the southwest side of Indianapolis. Mann Road carries approximately 10,016 vehicles per day based on 2025 AADT, providing strong connectivity to I-465 and surrounding residential growth corridors.
This configuration can support developers and end users seeking a combined commercial and multifamily land plan within a single transaction, while also benefiting from straightforward access to the interstate interchange. With both parcels included at closing, buyers can evaluate C-3 commercial development and D6II multifamily options together under one ownership structure.
Key Highlights
- 3.45‑acre development opportunity sold as a packaged sale of two parcels conveyed together at closing
- 2.34 acres zoned C‑3 Commercial supporting retail, service, and office uses
- Adjacent 1.11‑acre parcel zoned D6II for high‑density multifamily residential development
Property Analytics
Property Profile
Current Use
Lease Details
10,016 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 46221, IN
27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Packaged two-parcel site totaling 3.45 acres with C-3 and D6II zoning and flat topography near I-465 connectivity.
Where is this commercial land located?
The property is located at 4460 Mann Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 3.45‑acre development opportunity sold as a packaged sale of two parcels conveyed together at closing; 2.34 acres zoned C‑3 Commercial supporting retail, service, and office uses; Adjacent 1.11‑acre parcel zoned D6II for high‑density multifamily residential development
