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7740 W 88th Street

Indianapolis, IN 46278

ActiveListed Apr 16, 2026 · 146 days on market

Key facts

Lot
12.81 acres
Type
Land · Residential Lots
MLS #
22095713
County
Marion
Subdivision
No Subdivision

About this home

Finding 12.8 acres of genuinely rolling undulating land in central Indiana is rare - finding it in Traders Point is even rarer. This parcel offers dramatic elevation changes and natural character that simply don't exist on most lots in the region, giving you a foundation for a custom home that feels truly set apart. The terrain opens up possibilities that flat land can't offer - sweeping elevated views, a natural walkout lower level, a winding drive through mature landscape. Your home can be designed to rise with the land and take full advantage of every contour. Privacy here is permanent. The neighboring property will remain undeveloped, ensuring that the open, natural views surrounding this lot will never be interrupted by a rooftop or a fence line. What you see today is what you'll have for good. Traders Point is one of Indianapolis's most coveted addresses - known for its spacious estates, equestrian heritage, outstanding dining and retail, and quick access to I-465 and downtown. This lot delivers all of that, on a piece of land with natural beauty that's genuinely difficult to replicate anywhere in the metro. Randy Shaffer Homes is the exclusive builder on this parcel. Known for custom homes that are thoughtfully designed and meticulously built, they'll work with you from first sketch to final detail to create a home worthy of the setting.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
See Remarks

Lot and HOA

Lot features
Not In SubdivisionMature Trees
Zoning
D1

Schools

School district
MSD Pike Township

Taxes

Estimated annual tax
$38 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$10,785per month, estimated
Principal and interest $10,082Property tax $3Insurance $700
20% · $400,000
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$2,000,000
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