What to know about this one.
Nestled in the heart of Rocky Ripple, this 140 x 40 buildable lot offers a rare opportunity to bring your dream home to life in one of Indianapolis's most unique and sought-after neighborhoods. Surrounded by mature trees and community charm, the property is ideally situated just steps from the Central Canal Trail, with Butler University just one mile away. With minimal effort the lots can be cleared & planned - making it a true turnkey option for your next build. Whether you're ready to start construction now or planning for the future, this homesite provides a seamless path forward. A unique added bonus: the neighboring lot at 5260 Clarendon Road is also available, offering the chance to expand your footprint for a larger estate or future investment potential. This location places you near some of Indy's favorite amenities, including Cafe Patachou, Chatham Tap, Starbucks, and Tinker Coffee's Firehouse location, along with everyday conveniences at Veranda Village Shoppes less than a mile away. With parks, shops, and restaurants just minutes from your doorstep, this property offers the perfect balance of quiet neighborhood living and urban connection.
Property details
- Property type
- Residential Lots
- Lot size
- 0.14 ac
- County
- Marion
- MLS #
- MBR22060352
Estimate your monthly payment
- P&I $302
- Property tax $6
- Insurance $21
Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust5256 Clarendon Road
Indianapolis, IN 46208