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Residential Lots in Meridian Hills
For Sale
$475,000

75 W 72nd Street, Indianapolis, IN 46260

LAND - Indianapolis, IN

Property SizeContact for details
Lot Size0.50 Acres
Days on Market778

Property Features for 75 W 72nd Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision Meridian Hills
Lot features Corner Lot, Mature Trees, Wooded
Elementary school district MSD Washington Township
Middle school district MSD Washington Township
High school district MSD Washington Township
Directions GPS Friendly
Standard status Active
APN 490326128077000820
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Meridian Hills 2nd Sec L49
Legal Description Meridian Hills 2nd Sec L49

Utilities

Sewer type Public Sewer
Listing Agency: Encore Sotheby's International · Sotheby's International Realty
Listed By: Michael Johnson · License #RB14048437
Added: Jun 19, 2024 Changed: Jun 16 Last Checked: Aug 5 at 12:06AM
MLS# 21974065

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.

The last available lot at Meridian Pointe presents an opportunity to build a custom home in Meridian Hills. Located on the former W.F. and Florence Cheek estate, the property has been re-envisioned as an enclave of nine luxury wooded homesites. The 0.5-acre lot is situated in the heart of Meridian Hills, across from Meridian Hills Country Club. Its location provides proximity to restaurants and shops in Broad Ripple, Butler University, Park Tudor, Orchard School, and Holliday Park. Meridian Pointe's location and natural beauty offer an opportunity for an unparalleled lifestyle.

Key Highlights

  • Last available lot in Meridian Pointe.
  • Opportunity to build a custom home with the buyer's choice of builder.
  • Located in Meridian Hills on the former Cheek estate.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Hair Salon 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

98
Businesses Nearby

Demographics for 46260, IN

34,188
Population
16,376
Households
2.1
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.4 sq mi
ZIP Area
3,287
Density / Sq Mi
$70,642
Median Household Income
$38,682
Median Earnings
$1,080
Median Rent
$271,600
Median Home Value

Market

Properties on Market for Land in Indianapolis

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Frequently Asked Questions

What type of property is this?
Land - Residential lots for sale in Meridian Hills, Indianapolis.
Where is this land located?
The property is located at 75 W 72nd Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Last available lot in Meridian Pointe.; Opportunity to build a custom home with the buyer's choice of builder.; Located in Meridian Hills on the former Cheek estate.
More about this property
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