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2002 E Washington Street

Indianapolis, IN 46201

ActiveListed Oct 10, 2025 · 349 days on market

Key facts

Lot
0.2 acres
Type
Land · Residential Lots
MLS #
22067603
County
Marion
Subdivision
State Plaza

About this home

Don't miss this rare chance to develop on the active and growing East Washington Street corridor! This 0.2-acre (8,568 sq ft) lot is fully prepped for your next project, offering MU-1 zoning and flat, level topography - ideal for mixed-use development. Whether you're envisioning a retail storefront, live-work space, multi-unit residential, or office property, this lot gives you the freedom and flexibility to create something impactful in one of Indianapolis' most dynamic areas. Even better, both water and sewer are already available on-site, saving you valuable time and money during the building process. This is truly a turn-key development opportunity with utilities ready to go. The location on East Washington St puts you right in the path of growth, just minutes from downtown Indianapolis, major roadways, and public transit. With excellent street frontage and high visibility, it's perfectly positioned for future appreciation and strong foot/vehicle traffic. This area is experiencing consistent revitalization, with updated infrastructure, new business openings, and increasing community investment. Whether you're an investor, builder, or business owner looking to secure a presence in a rapidly improving neighborhood, 2002 E Washington St is a smart addition to your portfolio. Seize the chance to build something incredible in a thriving urban corridor!

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Not Applicable

Lot and HOA

Zoning
Residential

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$5,318 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$847per month, estimated
Principal and interest $378Property tax $443Insurance $26
20% · $14,980
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.

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Listed at$74,900
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