Residential Lot in
For Sale
$30,000
5041 Iowa Street, Indianapolis, IN 46203
Land, Indianapolis, IN
Property SizeContact for details
Lot Size0.19 Acres
Days on Market220
Property Features for 5041 Iowa Street
General Information
Property type
Land
Property subtype
Other
Zoning
RES
Zoning description
Single Family
Subdivision
No Subdivision
Lot features
Single Lot
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
491016127036000101
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt Ne1/4 Se1/4 S16 T15 R4e 503' N & 189.3' W Se Cor P.O.B. W44' S188' E44' N188' To Beg 0.19 Ac
Tax Annual Amount
14
Legal Description
Pt Ne1/4 Se1/4 S16 T15 R4e 503' N & 189.3' W Se Cor P.O.B. W44' S188' E44' N188' To Beg 0.19 Ac
Utilities
Sewer type
Public Sewer
Listing Agency:
eXp Realty LLC
(317) 524-0241
Listed By:
Maria Lasher
(888) 611-3912
Added: Mar 23
Changed: Oct 8
Last Checked: Oct 28 at 3:06PM
MLS# 22090853
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
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Business Placement
Demographics for 46203, IN
38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
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Frequently Asked Questions
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.
