Skip to content

7502 N Michigan Road N

Indianapolis, IN 46268

ActiveListed Sep 8, 2026 · 1 day on market

Key facts

Lot
0.53 acres
Type
Land · Unimproved Land
MLS #
22125129
County
Marion
Subdivision
Augusta

About this home

The lot is currently split zoned the front half of the property along Michigan Road is currently zoned C-3 the rear half is currently zoned D5. The current city plan for this property recommends village mixed use zoning and MU2 zoning if the property is rezoned it is likely MU2 zoning would be approved this use allows for residential above commercial similar to the development the 25th in Delaware Goose Market live and work lofts. This property could also be zoned for doubles or quad units. Owner cleared lot. Ready for development. I have enclosed additional site plans for different uses pull up under the documents.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Lot features
BuslineNot In SubdivisionStorm SewerStreet Lights
Zoning
C3 and D5

Schools

Middle school
Pike Central Middle School
High school
Pike Central High School
School district
Pike County School Corp

Taxes

Estimated annual tax
$3,348 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,106per month, estimated
Principal and interest $1,709Property tax $279Insurance $119
20% · $67,800
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
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$339,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.