5041 Iowa Street, Indianapolis, IN 46203

Listing agent Maria Lasher License #RB21002666 Show Phone

Listing office eXp Realty LLC i***@exprealty.net S Rangeline Rd Ste 129 200, Greenwood, IN Show Phone

Listing date Mar 23, 2026

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MLS# 22090853 Listing URL

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Overview

This residential lot, situated at 5041 Iowa St in Indianapolis, presents an opportunity for building a new construction home or for long-term investment. Located in an established neighborhood on the southeast side of the city, the 0.19-acre parcel offers convenient access to major roadways, facilitating commutes to downtown Indianapolis, Fountain Square, and surrounding amenities. Utilities are located nearby. The lot is suitable for a single-family home, with space for outdoor living, a garage, or landscaping.

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Pharmacy Building Supply Hotel & Motel Accounting Firm

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.083499

Latitude

39.743559

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FAQs

What type of property is this?

Land - Residential lot for new construction in established Indianapolis neighborhood.

Where is this land located?

The property is located at 5041 Iowa Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $30,000.

What are key features of this property?

This property features: Residential lot in an established, steadily growing neighborhood.; Great opportunity for new construction or long‑term investment.; Convenient access to downtown Indianapolis, Fountain Square, and surrounding amenities.