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1215 S East Street

Indianapolis, IN 46225

ActiveListed Apr 1, 2026 · 14 days on market

Key facts

Lot
0.11 acres
Type
Land · Unimproved Land
MLS #
22091610
County
Marion
Subdivision
Martindale & Stilz

About this home

Prime commercial opportunity in the heart of Bates Hendricks! This approximately 147' x 33' lot offers incredible potential in one of downtown Indianapolis' fastest-growing and most vibrant neighborhoods. Positioned in a high-visibility area with strong residential and commercial growth, this site is ideal for a variety of uses-whether you're looking to develop retail, office, mixed-use, or a live/work concept. Surrounded by ongoing redevelopment and just minutes from downtown, Fountain Square, and major commuter routes, this property provides both convenience and long-term investment upside. Opportunities like this in Bates Hendricks are limited-bring your vision and take advantage of the momentum in this thriving area!

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
C-5

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$312 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$834per month, estimated
Principal and interest $756Property tax $26Insurance $52
20% · $29,980
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$149,900
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