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Industrial Land with Bungalow
For Sale
$299,900

7514 E Woodlawn Avenue, Indianapolis, IN 46239

Land, Indianapolis, IN

Property SizeContact for details
Lot Size1.99 Acres
Days on Market14

Property Features for 7514 E Woodlawn Avenue

General Information

Property type Land
Property subtype Other
Zoning D2, Light Industrial
Zoning description Single Family
Subdivision No Subdivision
Elementary school district MSD Warren Township
Middle school district MSD Warren Township
High school district MSD Warren Township
Directions GPS Friendly
Standard status Active
APN 491012102036000700
Lot size 1.99 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Liberty Gardens L50 Ex 30Ft E Side
Tax Annual Amount 516
Legal Description Liberty Gardens L50 Ex 30Ft E Side

Utilities

Sewer type Public Sewer
Water source Private
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Sharon Stamper Thompson · License ##RB14044406
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 13 at 2:06AM
MLS# 22129015

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.

Investment Insights

Based on property information with market context.

This 1.99-acre industrial land parcel has level topography and is improved with a 1920 bungalow, a one-car garage, and a fenced backyard. The property is zoned D2, Light Industrial, and the comprehensive plan identifies light industrial use for the area. Private well, gas, and electric service the site; city services are nearby.

The parcel is in the Liberty Gardens area, minutes from the Brookville exit at I-465 and I-74. Its position provides access to both interstate routes.

Key Highlights

  • 1.99 acres with level topography
  • D2, Light Industrial zoning; comprehensive plan identifies light industrial use
  • 1920 bungalow, one‑car garage, and fenced backyard

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Hair Salon Restaurant

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

316
Businesses Nearby

Demographics for 46239, IN

33,290
Population
12,284
Households
2.7
Avg Household Size
35
Median Age
37%
College-Educated
92%
High-School Grad
28.3 sq mi
ZIP Area
1,176
Density / Sq Mi
$92,160
Median Household Income
$49,543
Median Earnings
$1,304
Median Rent
$253,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - A level parcel with an existing home, garage, and fenced yard in an area planned for light industrial use.
Where is this industrial land located?
The property is located at 7514 E Woodlawn Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1.99 acres with level topography; D2, Light Industrial zoning; comprehensive plan identifies light industrial use; 1920 bungalow, one‑car garage, and fenced backyard
More about this property
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