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518 N Oakland Avenue

Indianapolis, IN 46201

ActiveListed Jul 28, 2026 · 29 days on market

Key facts

Lot
0.11 acres
Type
Land · Residential Lots
MLS #
22116886
County
Marion
Subdivision
Phelans Sub Langs E Mich

About this home

Enjoy an unbeatable location with quick access to downtown Indy, vibrant restaurants, coffee, shops, sports venues, and cultural attractions. Build your dream home or your first investment property. This property provides the flexibility to make it completely your own.

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
$142 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$214per month, estimated
Principal and interest $189Property tax $12Insurance $13
20% · $7,500
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.

Talk to a lender we trust
Listing Office:
@properties
Listing Office Phone:
317-489-3441
Listed by
Firm
@properties
Firm phone
317-489-3441
MLS #
22116886
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Listed at$37,500
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