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Residential Land in Indianapolis
For Sale
$750,000

5617 S Emerson Avenue, Indianapolis, IN 46237

LAND - Indianapolis, IN

Property SizeContact for details
Lot Size2.93 Acres
Days on Market918

Property Features for 5617 S Emerson Avenue

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision No Subdivision
Elementary school district Franklin Community School Corp
Middle school district Franklin Community School Corp
High school district Franklin Community School Corp
Directions Emerson Ave South of I-465 past Thompson to Shelbyville Rd. Continue South on Shelbyville to 2nd property on left.
Standard status Active
APN 491503153010000300
Lot size 2.93 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description Pt Nw1/4 Sw1/4 S3 T14 R4 Beg 667.94' S & 55.05' E Of Nw Cor P.O.B. E201.98' N80' E250' S390.06' W215.77' N138' W236.21' N172.
Legal Description Pt Nw1/4 Sw1/4 S3 T14 R4 Beg 667.94' S & 55.05' E Of Nw Cor P.O.B. E201.98' N80' E250' S390.06' W215.77' N138' W236.21' N172.

Utilities

Sewer type Public Sewer
Listing Agency: Real Broker, LLC
Listed By: Phillip Lande · License #RB14010314
Added: Jan 30, 2024 Changed: Jun 16 Last Checked: Aug 5 at 2:06AM
MLS# 21958266

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 is a 2.93-acre residential land located in Indianapolis, Marion County, Indiana. The property is zoned for residential use.

Key Highlights

  • Location: -86.08206, 39.685802

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Real Estate Agency Parking Lot & Garage Gym & Fitness 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

246
Businesses Nearby

Demographics for 46237, IN

44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
Median Home Value

Market

Properties on Market for Land in Indianapolis

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 2.93 acre residential land for sale in Indianapolis, IN.
Where is this land located?
The property is located at 5617 S Emerson Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Location: -86.08206, 39.685802
More about this property
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