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540 & 550 Forest Boulevard

Indianapolis, IN 46240

ActiveListed Mar 24, 2026 · 206 days on market

Key facts

Lot
1.51 acres
Type
Land · Residential Lots
MLS #
22091066
County
Marion
Subdivision
Williams Creek Estates Meridian Hills

About this home

An exceptional opportunity to build your dream estate in the heart of prestigious Williams Creek. This rare offering combines 540 and 550 Forest Blvd, totaling 1.51 acres of beautifully wooded land in one of Indianapolis' most sought-after neighborhoods. Surrounded by mature trees and tranquil scenery, the property offers both privacy and convenience, just minutes from premier shopping, dining, and top-rated schools. One of the only lots available in this neighborhood!

Description provided by the listing brokerage.

Exterior

Other structures
No Building

Systems

Sewer
Public Sewer

Lot and HOA

Lot features
Mature TreesTrees-Small (Under 20 Ft)
Zoning
Residential

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$46,232 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$22,047per month, estimated
Principal and interest $17,013Property tax $3,853Insurance $1,181
20% · $675,000
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$3,375,000
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