Skip to content

4897 N Mitthoefer Road

Indianapolis, IN 46235

PendingListed Dec 3, 2024 · 450 days on market

Key facts

Lot
10 acres
Type
Land · Residential Lots
MLS #
22013702
County
Marion
Subdivision
No Subdivision

About this home

10 Acres of Opportunity in Lawrence Township! Endless possibilities await with this versatile 10-acre property, ideally situated in sought-after Lawrence Township. Whether you're envisioning a charming mini-farm, a small subdivision, a home business, or simply creating your dream estate, this property is your blank canvas. The land features a well-maintained 24x30 detached garage, perfect for storage or workshop needs. Additionally, a 1,840 sq. ft. home stands ready for a creative touch-renovate it into a cozy haven or explore other potential options. Nestled in a convenient location close to shopping, dining, and entertainment, this property offers both rural charm and urban accessibility. Bring your imagination and start planning your future today! Schedule a tour to explore all this property has to offer!

Description provided by the listing brokerage.

Exterior

Other structures
See Remarks

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
Residential

Schools

Elementary school
Indian Creek Elementary School
Middle school
Fall Creek Valley Middle School
High school
Lawrence North High School
School district
MSD Lawrence Township

Taxes

Estimated annual tax
$5,387 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$3,683per month, estimated
Principal and interest $3,024Property tax $449Insurance $210
20% · $120,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give 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 trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$600,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.