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3500 Watson Road

Indianapolis, IN 46205

ActiveListed May 9, 2026 · 125 days on market

Key facts

Lot
0.41 acres
Type
Land · Residential Lots
MLS #
22100882
County
Marion
Subdivision
Watson Park

About this home

This incredible .41 of an acre lot has a beautiful park-like setting and features a rare opportunity to design a two-level walk-out home at around 5,800 square feet. The wonderful slope of the lot would allow the walkout to be on the front of the house (facing Watson Road) giving it a 2-story front. There could also be a nice enclosed courtyard on the upper level with the garage on the north side, house on the east side, additional bedrooms on the south side. and finally a wall (similar to the stone wall of the home at 3502 Watson Rd.) on the west side. The lot has an existing driveway cut and driveway up to where the garage would be located (shared driveway). It already has an easy sewer tap on the lot (so no additional cost to connect to the street sewer). Restrictions apply for the type of home that can be built, site regulations, landscaping, shared driveway maintenance, and pet and animal restrictions.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
residential

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,412 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,088per month, estimated
Principal and interest $1,764Property tax $201Insurance $123
20% · $70,000
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$350,000
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