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2140 N Talbott Street

Indianapolis, IN 46202

ActiveListed Aug 27, 2026 · 2 days on market

Key facts

Lot
0.09 acres
Type
Land · Residential Lots
MLS #
22122892
County
Marion
Subdivision
Herron Morton

About this home

Located in the heart of the highly sought-after Herron-Morton Place neighborhood, this is a rare opportunity to design and build a custom home in one of Indianapolis's most vibrant and historic areas. Partner with Compendium Group LLC and Trade Design Studios, a trusted design-build team known for thoughtful architecture, quality craftsmanship, and modern livability. Herron-Morton Place offers the perfect blend of urban convenience and neighborhood charm, with tree-lined streets, beautiful historic homes, and a strong sense of community. Enjoy close proximity to downtown Indianapolis, Mass Ave, IU Health, Eli Lilly, and some of the city's best dining, entertainment, and cultural destinations. Whether you envision a contemporary residence or a home that complements the neighborhood's historic character, this build opportunity allows you to bring your vision to life in a premier location. Don't miss the chance to create a custom home tailored to your lifestyle in one of Indy's most desirable neighborhoods.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Water
Public
Sewer
Public Sewer

Lot and HOA

Lot features
City Lot
Zoning
D8

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,404 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,114per month, estimated
Principal and interest $933Property tax $117Insurance $65
20% · $37,000
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.

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 #
22122892
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Listed at$185,000
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