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828 Shelby Street

Indianapolis, IN 46203

ActiveListed Apr 24, 2026 · 183 days on market

Key facts

Lot
0.14 acres
Type
Land · Unimproved Land
MLS #
22097356
County
Marion
Subdivision
Fletcher Place

About this home

Prime development opportunity in the heart of Fountain Square! Located at 828 Shelby Street, this 0.14-acre (5,876 sq ft) corner lot offers outstanding visibility and flexibility in one of Indianapolis' most vibrant and rapidly growing districts. Zoned for commercial C-5 use, this property presents a wide range of possibilities-from retail or office space to a mixed-use development featuring street-level storefronts with residential condos or apartments above. The corner positioning enhances accessibility and exposure, making it ideal for a standout project. All utilities are available, and the lot is build-ready, allowing you to move forward with your vision without delay. Just steps away from popular restaurants, local shops, and nightlife, this location delivers the energy and walkability that define the Fountain Square lifestyle. Opportunities like this are increasingly rare-secure your place in one of Indianapolis' most dynamic corridors and bring your development plans to life.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
C5

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$376 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,460per month, estimated
Principal and interest $1,336Property tax $31Insurance $93
20% · $53,000
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$265,000
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