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$215,000
THIS IS AN OPPORTUNITY YOU'LL WANT TO GRAB! Since 2020, In Herron Morton, THE AVERAGE NEW CONTSTRUCTION HOME HAS SOLD FOR OVER $849,000, PLUS WITH AN AVERAGE CLOSED NEW SALES PRICE IN THE LAST YEAR ALONE OVER $957,000, It's Clear THIS NEIGHBORHOOD IS HOT, VIBRANT, DESIRABLE, & GROWING. PLUS the next most Active & comparable Herron Morton Lot is at cross street, costs 5K more, & is .14 acre VS.16 here! Whether You're an INVESTOR SEEKING A HIGH-RETURN BUILD, PLANNING A PERSONAL DREAM HOME, OR JUST WANT TO SECURE A LOT NOW FOR FUTURE PLANS, THIS .16-ACRE LOT (40' X 176') WITH MATURE TREES IS A RARE OPPORTUNITY That Deserves Serious Consideration. Some Perks Of This Homesite- NO HOA FEES, SELECT WHATEVER BUILDER YOU WANT, CONVIENENT WEST/EAST FACING ELEVATED LOT THAT SUPPORTS OPTIMAL INTERIOR NATURAL LIGHT & IS ONLY 7 MIN TO MONUMENT CIRCLE, IU LAW & MED SCHOOLS, & EVEN CLOSER TO THE EXPANDING METHODIST HOSPITAL CAMPUS | 2 MIN TO HERRON HIGH SCHOOL & OAKS ACADEMY LOWER SCHOOL, 5 MIN TO OAKS MIDDLE SCHOOL. ENJOY TINDER STREET, FOUNDRY PROVISIONS, GOOSE THE MARKET, MASHCRAFT, BABY'S & OTHER NEARBY FAVORITES ALL A HOP, SKIP & JUMP AWAY ALONG WITH BEING MOMENTS FROM MASS AVE/THE BOTTLEWORKS DISTRICT FOR TOP DINING/ENTERTAINMENT. QUICK ACCESS TO THE MONNON & FALL CREEK TRAILS FOR EASY CONNECTIONS TO MIDTOWN, BROAD RIPPLE, & BEYOND | QUICK 25-30 MIN REVERSE COMMUTE To Hamilton, Boone, Hendricks, Hancock & Johnson Counties. So, WHETHER YOU'RE READY TO BUILD NOW OR LATER, SEIEZE THE CHANCE TO OWN THIS GREAT LOT IN HERRON MORTON. 2056 CENTRAL IS A SMART MOVE IN A SOUGHT-AFTER LOCATION! Note: THE HOUSE CONSTRUCTION PLANS, SHOWN IN PHOTOS, REFLECT WHAT IHPC AND THE NEIGHBORHOOD HAVE ALREADY APPROVED. Upon Request IN PA, For additional $4,000, The Seller Will License The Construction Of This Plan On This Lot & Transfer The COA/Approval To The Buyer & Builder U Select. Also Keep In Mind That The COA/Approval Applies To Footprint & Elevations ONLY & The Interior Of The Plan Can Be T

2056 Central Avenue, Indianapolis

Listing courtesy of To Help U Move Inc.

$209,900
Charming Turn-Key Duplex in Historic Irvington's Campus Terrace - Strong Rental Income Opportunity. Nestled in the desirable Campus Terrace subdivision within Indianapolis' historic Irvington neighborhood, this 1942-built double/duplex offers timeless appeal and immediate cash flow potential. Irvington's tree-lined streets, rich architectural heritage, and strong community pride make it a favorite for both long-term tenants and investors. Property Features: * 2 fully tenant-occupied units - Turn-key and ready for new ownership * Spacious interiors with beautiful hardwood floors, bright living areas, and generous natural light * 0.16-acre lot with convenient location in a stable, high-demand rental pocket Priced to deliver strong returns, the current rents put this property just shy of the 1% rule at ~0.9% rent-to-price ratio - significantly outperforming the Indianapolis average by about 10 points. With room to optimize rents further and low vacancy risk in the Irvington area, this is a solid addition to any investment portfolio. Whether you're drawn to the historic charm of Irvington's winding streets and preserved homes, or the reliable income from a well-maintained duplex, this property checks all the boxes. Don't miss your chance to own a piece of one of Indianapolis' most beloved historic communities!

251 S Emerson Avenue, Indianapolis

Listing courtesy of Real Broker, LLC.

$225,000
Exceptional development opportunity on 1.55 acres in desirable West Indianapolis! Ideally located just minutes from W. 56th Street, Georgetown Road, I-465, Park 100, major employers, shopping, dining, and entertainment. Zoned D6 residential with potential for single-family development, subdivision opportunities, or other residential uses subject to applicable approvals. This shovel-ready site offers outstanding potential for builders, developers, and investors seeking a well-positioned property in a growing area. No HOA restrictions. Surrounded by established neighborhoods and convenient access to downtown Indianapolis and major transportation corridors. Rare opportunity to acquire a prime development site with significant upside potential. Bring your vision and capitalize on this exceptional investment opportunity.

5680 Eden Village Drive, Indianapolis

Listing courtesy of The Modglin Group.

$335,000
3 Beds 1 Baths
If you've always dreamed of owning your own Hair Salon-here's your golden opportunity!! This property is so beautiful and full of charm and exquisitely detailed woodwork that will take your breath away. Was originally built as a single family residential home-yet purchased in 2003 by a Salon Owner, who took the property thru the proper zoning approval to be granted permission to conduct her business here, and it's grandfathered as long as it remains a Salon. You could add ancillary beauty services as well, such as massage, pedicures, aesthetician services, filler/injection services and so much more-truly the skies the limit!! Gorgeous hardwood floors, intricate detailed woodwork that only a master craftsman could achieve adorn this fabulous light and bright space!! Room for at least 5 to 6 stylists, (or more dependent upon your internal configuration of the space) and all equipment stays (wall mirrors, track lighting, 3 sink bowls, & all stylists chairs). Room to park 12 vehicles, plus a concrete pad to support additional parking at the rear. ADA Compliant ramp leads to a rear building entrance. Upper level has a beautiful open loft space plus two rooms, one with water/sink & stylists chair. Traffic Count is incredible...as Oaklandon Rd takes you directly into the immediate adjacent Geist area-truly a perfect location for a business owner!! The property could be rather easily converted back to a single family dwelling if desired, by installing kitchen appliances, and returning the bonus room off of the front current lobby area into a primary bath ensuite. Don't let this incredible opportunity pass you by!! Shown by appointment only-please do not disturb during salon hours-as stylists are still working in the space.

6420 Oaklandon Road, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$100,000
It's all about location when it comes to building a new home and, this turnkey lot just minutes from downtown Indianapolis and two blocks from the Monon Trail, is perfectly situated and ready for your vision to come alive. Enjoy the Monon Trail and walk to parks, coffee shops, restaurants, microbreweries & enjoy urban living! The following have been approved/completed: variance for setbacks (no fire exit set back facing 20th St.), survey, zoning, water & sewer lines, and water pit & meter. There is a recorded sewer easement for 2005 Columbia Ave next door, running to the sewer line along 20th St. (runs between locations for a detached garage and a house). Power is available from a line running along 20th St. Zoned D-8 and can accommodate a carriage house. Seller has 2-story, single-family home designs that Seller is willing to provide at no cost. Selling "As-Is Where-Is". Information about lots is provided only to assist the Buyer in conducting Buyer's own separate due diligence, investigation and inspections. Information from Seller is believed to be accurate but not reliable.

2003 Columbia, Indianapolis

Listing courtesy of Berkshire Hathaway Home.

$329,000
Incredible business opportunity on highly visible US-40 frontage! Perfectly positioned near the Indianapolis International Airport, and just minutes from Indianapolis and Plainfield, this property offers exceptional access and exposure for a wide range of commercial uses. The site includes two vacant parcels for future development and an existing Office Building, providing immediate functionality and long-term growth potential. The office building features three private offices, a conference room, a storage room, and flexible space ideal for daily operations. With its strategic location and strong traffic count, this property is ideal for businesses seeking visibility, convenience, and room to expand. Don't miss this chance to secure prime commercial real estate!

8834 & 8844 W Washington Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative