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8530 Washington Boulevard

Indianapolis, IN 46240

ActiveListed Jun 12, 2026 · 83 days on market

Key facts

Lot
0.72 acres
Type
Land · Residential Lots
MLS #
22105921
County
Marion
Subdivision
Pennsylvania Heights

About this home

Rare redevelopment opportunity in the heart of Washington Township. Offered together, these two parcels total approximately 0.72 acres and present a unique chance to secure a sizable homesite in one of Indianapolis' most established and desirable locations. Surrounded by mature trees and well-maintained properties, the combined parcels offer the space, privacy, and flexibility that are increasingly difficult to find. Whether envisioned as the site of a custom luxury residence, private estate property, or a significant renovation project, the setting provides exceptional potential for a buyer seeking to create something truly special. The property's generous dimensions, mature landscape, and established neighborhood character create an ideal backdrop for future development while preserving the natural beauty of the site. Located in highly desirable Washington Township, the property offers convenient access to shopping, dining, parks, schools, the Monon Trail, downtown Indianapolis, Carmel, and major commuter routes. Opportunities to acquire two adjoining parcels of this size and location are increasingly rare, making this a compelling offering for builders, developers, investors, or buyers looking to create their dream home.

Description provided by the listing brokerage.

Exterior

Other structures
Equipment Shed

Systems

Water
Public
Sewer
Public Sewer

Lot and HOA

Lot features
Mature Trees
Zoning
Single Family Residential

Schools

School district
MSD Washington Township

Taxes

Estimated annual tax
$4,926 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$3,105per month, estimated
Principal and interest $2,520Property tax $411Insurance $175
20% · $99,980
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$499,900
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