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1150 New York St - 1150 E. New York St. 0.2 Acres of Residential Land Offered at $556,972 CAD in Indianapolis, IN 46202

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INVESTMENT HIGHLIGHTS

  • Once units are built - beautiful view from rooftop decks of downtown skyline
  • Across the street from lovely neighborhood park

EXECUTIVE SUMMARY

Price Improvement! From $475,000 to $439,000 to $399,000! MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS. Opportunity to develop townhomes at wonderful location. Over $2B of construction projects in and around downtown Indy right now!

PROPERTY FACTS

Price $556,972 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.20 AC
Opportunity Zone Yes
Zoning D8 - Allows for up to 5 units

1 LOT AVAILABLE

Lot

Price $556,972 CAD
Price Per AC $2,784,860.48 CAD
Lot Size 0.20 AC

.20+/- acre, 5 legal conforming parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Approvals in place. New York is being changed from 1-way to 2-way traffic in and out of downtown.

DESCRIPTION

Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. Next step, building permits. Sale includes plans and renderings of proposed townhomes. Rights to all construction documents necessary to permit and develop the project are included in the sale.

Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-10-06-124-043.000-101
Land Assessment
$98,990 CAD
Improvements Assessment
$0 CAD
Total Assessment
$98,990 CAD
  • Listing ID: 36595024

  • Date on Market: 2025-07-03

  • Last Updated:

  • Address: 1150 New York St, Indianapolis, IN 46202

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