1549 N Arsenal Avenue, IN 46201

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Sold Price
$346,000
List Price
$425,000
Status
SOLD
Days on Market
311
Closing Date
Oct 23, 2026
MLS#
22076967
Subtype
Land
Acres
0.46
Subdivision
Fletchers S A Jr North
MLS Area Major
Center

Property Description

This prime vacant parcel in Indianapolis presents an exceptional development opportunity, already approved for 16 residential units. Situated on a hard corner with excellent road frontage, the site offers strong visibility and access, ideal for a multi-unit residential project. An added advantage is the potential to acquire neighboring parcels, which could significantly expand the overall footprint and allow for additional units beyond the current approval. This flexibility creates a compelling upside for developers looking to scale or enhance density in a growing market. With approvals in place and expansion potential on the table, this property is well positioned for an efficient path from acquisition to development in a desirable Indianapolis location.

Additional Information

Taxes
$350

Listing courtesy of Jason Alsup. eXp Realty, LLC

Selling Office: eXp Realty, LLC.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.