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1561 Yandes Street

Indianapolis, IN 46202

ActiveListed Jun 11, 2026 · 1 day on market

Key facts

Lot
0.08 acres
Type
Land · Unimproved Land
MLS #
22107657
County
Marion
Subdivision
S A Fletcher Jr North East

About this home

Seize the opportunity to build your dream home or business in a location that offers both charm and convenience! Situated just minutes from downtown, this property is perfectly positioned within walking distance to the vibrant E 16th St corridor. Enjoy local favorites like Greek's Pizzeria, Provider Cafe, Solely Wine, and easy access to COhatch, The Oaks Academy, O'Bannon Park, and the Monon Trail, which leads straight to Mass Ave in mere minutes! The location boasts easy access to major thoroughfares such as N College Ave, N Meridian St, and interstates I-65 & I-70, ensuring seamless connectivity throughout the city. Be part of the exciting growth with two new mixed-use developments, Millside Townhomes & Westmont Apartments, just a stone's throw away. Zoned C-5, this property offers unmatched potential with prime visibility and frontage on E 16th St, making it ideal for a brewery, distillery, restaurant, or any retail venture. With excellent outdoor seating options, the possibilities for this space are truly endless. Opportunities in this sought-after area are becoming increasingly rare, so don't miss out on securing your spot in this thriving community!

Description provided by the listing brokerage.

Exterior

Other structures
No Building

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
Vacant Lot

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$368 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$705per month, estimated
Principal and interest $630Property tax $31Insurance $44
20% · $25,000
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$125,000
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