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3161 N Colorado Avenue

Indianapolis, IN 46218

ActiveListed Dec 5, 2025 · 313 days on market

Key facts

Lot
0.12 acres
Type
Land · Residential Lots
MLS #
22075634
County
Marion
Subdivision
Robinwood

About this home

Great opportunity to own a 5,227 sq ft vacant residential lot in Indianapolis Robinwood neighborhood. Located on a quiet, established street and just minutes from downtown, this lot is ideal for a custom build, rental property, or future investment. Enjoy quick access to major highways, transit, and all things Indy. With continued revitalization in the area, this property offers strong potential and flexibility for your next project.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
Residential

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$116 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$150per month, estimated
Principal and interest $131Property tax $10Insurance $9
20% · $5,200
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$26,000
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