1820 Arlington Ave, Indianapolis, IN 46203
This exceptional 23.637+/- acre property, located at 1820 S Arlington Ave, Indianapolis, IN 46203, presents a rare opportunity in Marion County. Zoned for residential use, this expansive lot offers 865 feet of frontage on Arlington Avenue and includes two additional lots situated on Silver Lane Road. The land is predominantly wooded, providing a secluded feel despite its convenient location near schools and major roadways. Its central Indianapolis location offers the unique advantage of a tranquil, wooded setting while remaining easily accessible to urban amenities. The property's natural features include a creek, adding to its scenic appeal. The substantial acreage presents diverse development possibilities, ranging from constructing a single, expansive residence to subdividing and selling smaller parcels. This is an ideal investment for those seeking a large, secluded lot within the city limits, offering both privacy and convenience. The property is situated north of Raymond Street and easily accessible via the two lots at the end of Silver Lane Road (east side). The asking price for this remarkable property is $400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.