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10-Acre Residential Development Tract
For Sale
$600,000
Pending

4897 N Mitthoefer Rd, Indianapolis, IN 46235

Versatile 10-acre property with a 24x30 detached garage and an 1,840-sq-ft home on-site.

Property SizeContact for details
Days on Market628

Property Features for 4897 N Mitthoefer Rd

General Information

Standard status Pending
Property subtype Land
Listing Agency: J. Snider Real Estate
Listed By: Jason Snider
Source: Exprealty
Added: Dec 3, 2024 Changed: Aug 14 Last Checked: Aug 14 at 7:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J. Snider Real Estate

Investment Insights

Based on property information with market context.

This 10-acre tract in Lawrence Township offers multiple on-site components, including a well-maintained 24x30 detached garage and an 1,840-sq-ft home. The property is well suited for buyers looking for land with existing improvements that can support a range of uses and future plans.

The location is described as convenient to shopping, dining, and entertainment, balancing rural character with access to nearby amenities. With existing structures already on the site, the property may appeal to owners who want to personalize the home and use the garage for storage or workspace needs.

The site is presented as a blank-canvas holding with substantial acreage and practical existing improvements, offering flexibility for a buyer’s next steps.

Key Highlights

  • 10‑acre property in Lawrence Township with multiple potential uses
  • On‑site 1,840 sq. ft. home ready for renovation or other possibilities
  • Well‑maintained 24x30 detached garage for storage or workshop space

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Spa & Massage Center

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

103
Businesses Nearby

Demographics for 46235, IN

34,569
Population
14,804
Households
2.3
Avg Household Size
31
Median Age
17%
College-Educated
85%
High-School Grad
9.6 sq mi
ZIP Area
3,601
Density / Sq Mi
$56,160
Median Household Income
$37,873
Median Earnings
$923
Median Rent
$169,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Versatile 10-acre property with a 24x30 detached garage and an 1,840-sq-ft home on-site.
Where is this residential land & home lot located?
The property is located at 4897 N Mitthoefer Rd Indianapolis, IN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 10‑acre property in Lawrence Township with multiple potential uses; On‑site 1,840 sq. ft. home ready for renovation or other possibilities; Well‑maintained 24x30 detached garage for storage or workshop space
More about this property
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