1136 E New York Street, Indianapolis, IN 46202

$315,000

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List Price
$315,000
Price Change
▼ $30,000 1784055021
MLS#
22097129
Property Type
Land
Days on Market
98
Status
ACTIVE

Property Description

MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS, .20+/- acre, 5 legal conforming D-8 parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. No drainage permit or on-site detention required. Next step, building permits. Sale includes plans and renderings of proposed townhomes. The location is one of the highest points in the City, making the planned rooftop decks an especially attractive feature with a view to the downtown skyline. Rights to all construction documents necessary to permit and develop the project are included in the sale. The Seller is offering to assist with the transfer of information in order to effect a smooth transition for the Buyer. Knowing the time and work that goes into putting a plan in place, the right builder has a real opportunity to seize the moment and build a carefully designed project, starting NOW!

Additional Information

Present Zoning
Multi-Fam
Number of Lots
5
Land Characteristics
Platted Subdivision
Topography
Level
Soil Type
Not Applic
Development Status
Plat Designed
Facilities on Site
Not Applicable
Facilities near Site
Electric, Gas, Water & Sewer
Water
Municipal Water Near By
Sewer
Public Sewer
Road Access
Not Applic
Road Frontage
City Street
Road Surface
Asphalt
Acres
0.20
Region
Center

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Company.

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