Refine Search
Sort by
$850,000
Prime 6.8-acre development opportunity at 4817 Kollman Road in Indianapolis, Indiana. This property offers an excellent opportunity for builders, developers, and investors looking to create a new residential neighborhood in an established and growing area. The property is currently zoned FARMLAND and includes a single-family residence originally constructed in 1938. The existing home is not considered part of the property's long-term development plan and will need to be removed as part of a future redevelopment project, subject to applicable approvals. With approximately 6.8 acres of land, the property provides substantial space for a potential residential development. A future owner may pursue a zoning change to allow residential development, creating the opportunity to develop a neighborhood that complements the surrounding area. Buyers should conduct their own due diligence regarding zoning, permitted uses, utilities, subdivision requirements, access, density, and all necessary governmental approvals. Location is a major advantage. The property is situated along a newly paved asphalt road and is surrounded by an already established residential area and other residential structures, providing an ideal setting for a neighborhood development. The property is also within walking distance of major area employers, offering convenient access to employment centers for future residents. Adding to its appeal, the property is approximately an eight-minute drive to Indianapolis International Airport, making it particularly attractive for commuters, business travelers, and residents seeking convenient access to one of the region's major transportation hubs. Whether you're a residential developer seeking your next project or an investor looking for land with future redevelopment potential, 4817 Kollman Road presents a rare opportunity to acquire 6.8 acres in an established Indianapolis setting and pursue the creation of a new residential community. Buyer to

4817 Kollman Road, Indianapolis

Listing courtesy of RE/MAX Acclaimed Properties.

$199,900
Exceptional 2 Acre Lot for Investment or Builder Opportunity in Franklin Township. This premium 2-acre parcel in highly desirable Franklin Township offers the perfect blend of country-style tranquility and modern city convenience. Ideal for building your custom dream home outside of a subdivision. The flat, versatile acreage features a structurally sound 30' x 50' clear-span pole barn built in 1988, equipped with impressive 16.5-foot ceilings and dual 14-foot overhead doors perfect for a workshop, heavy equipment, or Boat/RV storage. Plus, addition barn door on one side of building. Close access to Interstate 65, this property provides an effortless commute to downtown Indianapolis, Greenwood, and Franklin, making it a rare and lucrative canvas for a luxury estate or strategic residential development.

8561 Shelbyville Road, Indianapolis

Listing courtesy of Premier Agent Network.

$185,000
Located in the heart of the highly sought-after Herron-Morton Place neighborhood, this is a rare opportunity to design and build a custom home in one of Indianapolis's most vibrant and historic areas. Partner with Compendium Group LLC and Trade Design Studios, a trusted design-build team known for thoughtful architecture, quality craftsmanship, and modern livability. Herron-Morton Place offers the perfect blend of urban convenience and neighborhood charm, with tree-lined streets, beautiful historic homes, and a strong sense of community. Enjoy close proximity to downtown Indianapolis, Mass Ave, IU Health, Eli Lilly, and some of the city's best dining, entertainment, and cultural destinations. Whether you envision a contemporary residence or a home that complements the neighborhood's historic character, this build opportunity allows you to bring your vision to life in a premier location. Don't miss the chance to create a custom home tailored to your lifestyle in one of Indy's most desirable neighborhoods.

2140 N Talbott Street, Indianapolis

Listing courtesy of @properties.

$59,000
Unique opportunity to acquire approximately 9.17 wooded acres situated between established residential subdivisions on the southeast side of Indianapolis. Big Run traverses the property, creating a natural wooded corridor within the surrounding development. The parcel is landlocked with no legal access to or from the land and is not represented as buildable. A title commitment has been obtained and is available for review. The property may be best suited for an adjoining owner, neighborhood association, conservation-oriented purchaser, or buyer exploring another special-purpose use. Any boundary lines shown in listing photos are approximate, provided for reference only, and do not constitute a survey. Buyer to independently verify acreage, boundaries, access, zoning, floodplain and floodway status, wetlands, easements, utilities, permitted uses, and suitability for any intended purpose.

Senour Road, Indianapolis

Listing courtesy of Hoosier Hub Realty, LLC.

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