Key facts
- Lot
- 0.19 acres
- Type
- Land · Residential Lots
- MLS #
- 22090853
- County
- Marion
- Subdivision
- No Subdivision
About this home
Build your vision on this residential lot located at 5041 Iowa St in Indianapolis. Tucked into an established neighborhood, this parcel offers a great opportunity for a new construction home or long-term investment in a steadily growing area on the southeast side of the city. With utilities nearby and convenient access to major roadways, commuting to downtown Indianapolis, Fountain Square, and surrounding amenities is simple and efficient. The lot provides a manageable footprint ideal for a single-family home, with space to incorporate outdoor living, a garage, or additional landscaping to enhance value and appeal. Whether you're a builder looking for your next project or a buyer ready to create a custom home, this property offers flexibility and potential.
Description provided by the listing brokerage.
Exterior
- Other structures
Systems
- Sewer
Lot and HOA
- Zoning
- RES
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $14 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
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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