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7425 Mount Herman Avenue

Indianapolis, IN 46231

ActiveListed Feb 7, 2026 · 249 days on market

Key facts

Lot
0.09 acres
Type
Land · Residential Lots
MLS #
22082998
County
Marion
Subdivision
No Subdivision

About this home

Nestled in the established Chapel Hill-Ben Davis area of Indianapolis, this 3,703 sq ft vacant lot offers a great opportunity to create something new. Set within a quiet residential neighborhood, the location balances peaceful surroundings on a dead end road with easy access to city conveniences. Whether your plans include building a custom home or pursuing an investment project, this property offers a versatile foundation to bring your vision to life. Enjoy close proximity to downtown Indianapolis, the Indianapolis International Airport, and popular destinations such as White River State Park, the Indianapolis Zoo, and Eagle Creek Park-one of the largest municipal parks in the nation. Nearby shopping, dining, and schools add everyday convenience, making this an appealing location for future development. With thoughtful planning, this lot has the potential to become something truly special.

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
$76 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$157per month, estimated
Principal and interest $141Property tax $6Insurance $10
20% · $5,600
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$28,000
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