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2457 Barnes Avenue

Indianapolis, IN 46208

ActiveListed Jul 8, 2026 · 2 days on market

Key facts

Lot
0.08 acres
Type
Land · Residential Lots
MLS #
22112496
County
Marion
Subdivision
Purcells Sub Jesse Jones

About this home

Fantastic opportunity to own 7 residential lots in the growing Near Northwest area of Indianapolis. Located in Center Township within the established Purcells Subdivision, this property offers approximately 30 feet of frontage and 120 feet of depth, providing an ideal footprint for a new custom home or investment property (subject to applicable zoning and permitting). Conveniently located just minutes from Downtown Indianapolis, IU Health's Medical Campus, Indianapolis Motor Speedway, IUPUI/Indiana University Indianapolis, and major commuter routes, the location offers excellent access to employment, dining, entertainment, and neighborhood amenities. Whether you're a builder looking for your next infill project or an investor seeking long-term appreciation in one of Indianapolis' steadily revitalizing neighborhoods, this property presents an outstanding opportunity. Utilities are available in the area. Buyer to verify all zoning, utility connections, building requirements, and permitted uses. Why You'll Love This Property: * Located less than 10 minutes from Downtown Indianapolis. * Positioned in an area experiencing continued redevelopment with new infill homes and neighborhood revitalization. * D-5 residential zoning provides flexibility for residential development, subject to local approvals. * Established neighborhood with existing infrastructure and utilities nearby. * Excellent opportunity for builders, investors, or homeowners looking to construct a new residence. * Close proximity to: IU Health Medical District Indianapolis Motor Speedway Riverside Park Newfields I-65 and major commuter corridors Downtown Indianapolis restaurants, sports venues, and entertainment With continued investment occurring throughout Indianapolis' near northwest neighborhoods, demand for quality new construction continues to grow. This lot offers an affordable entry point into a market where new construction homes have been selling well above the area's o

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
Residential

Schools

Elementary school
George Washington Carver School 87
High school
Crispus Attucks High School
School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$206 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,036per month, estimated
Principal and interest $2,823Property tax $17Insurance $196
20% · $112,000
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$560,000
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