Key facts
- Lot
- 15.153 acres
- Type
- Land · Farm
- MLS #
- 22066458
- County
- Marion
- Subdivision
- No Subdivision
About this home
Survey Complete!!! Prime Development Opportunity with road frontage on Raceway and Tansel Road! Don't miss this unique chance to own a property with valuable street frontage along Raceway Rd-perfect for land developers and visionaries. Property Highlights: Currently zoned DA (3-acre lots per build) Potential rezoning to D1 or DS, allowing for 1/2 to 1-acre lots (per city planner) Currently recommended for Rural or Estate Neighborhood Development under the Marion County Comprehensive Plan (2019 Land Use Plan Pattern Book) Endless Possibilities: Estate Homes, Retail Development, Custom Builds. This is a rare opportunity to bring your vision to life in a high-demand area with flexible potential.Final taxes and legal description tbd. Please schedule property walk through Broker Bay. Do not disturb seller. Pre approval or proof of funds required prior to touring. New address pending per new survey. Due to this, taxes and description do not currently match city information. Taxes tbd on new lot. Buyer to used due diligence in verifying and researching the property can be used for buyers intended purposes.
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Lot features
- Zoning
- DA
Schools
- School district
- Pike County School Corp
Taxes
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), 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.
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