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2056 Central Avenue

Indianapolis, IN 46202

ActiveListed Sep 24, 2026 · 1 day on market

Key facts

Lot
0.16 acres
Type
Land · Residential Lots
MLS #
22127513
County
Marion
Subdivision
Herron Morton

About this home

In Herron Morton Place, Since 2020, THE AVERAGE NEW CONTSTRUCTION HOME ON A LOT THIS SIZE OR LARGER HAS SOLD FOR OVER $894,000, + WITH THE AVERAGE NEW HERRON MORTON CLOSED SALES PRICE IN THE LAST YEAR ALONE OVER $973,000, It's Clear THIS NEIGHBORHOOD IS HOT, VIBRANT, DESIRABLE, & GROWING. Whether You're an INVESTOR SEEKING A HIGH-RETURN BUILD, PLANNING A PERSONAL DREAM HOME, OR JUST WANT TO SECURE A LOT NOW FOR FUTURE PLANS, THIS .16-ACRE LOT (40' X 176') WITH MATURE TREES IS A RARE OPPORTUNITY That Deserves Serious Consideration. Some Perks Of This Homesite- NO HOA FEES, SELECT WHATEVER BUILDER YOU WANT, CONVIENENT WEST/EAST FACING ELEVATED LOT THAT SUPPORTS OPTIMAL INTERIOR NATURAL LIGHT & IS ONLY 7 MIN TO MONUMENT CIRCLE, IU LAW & MED SCHOOLS, & EVEN CLOSER TO THE EXPANDING METHODIST HOSPITAL CAMPUS | 2 MIN TO HERRON HIGH SCHOOL & OAKS ACADEMY LOWER SCHOOL, 5 MIN TO OAKS MIDDLE SCHOOL. ENJOY TINDER STREET, FOUNDRY PROVISIONS, GOOSE THE MARKET, MASHCRAFT, BABY'S & OTHER NEARBY FAVORITES ALL A HOP, SKIP & JUMP AWAY ALONG WITH BEING MOMENTS FROM MASS AVE/THE BOTTLEWORKS DISTRICT FOR TOP DINING/ENTERTAINMENT. QUICK ACCESS TO THE MONNON & FALL CREEK TRAILS FOR EASY CONNECTIONS TO MIDTOWN, BROAD RIPPLE, & BEYOND | QUICK 25-30 MIN REVERSE COMMUTE To Hamilton, Boone, Hendricks, Hancock & Johnson Counties. So, WHETHER YOU'RE READY TO BUILD NOW OR LATER, SEIEZE THE CHANCE TO OWN THIS GREAT LOT IN HERRON MORTON. 2056 CENTRAL IS A SMART MOVE IN A SOUGHT-AFTER LOCATION! Note: THE HOUSE CONSTRUCTION PLANS, SHOWN IN PHOTOS, REFLECT WHAT IHPC AND THE NEIGHBORHOOD HAVE PREVIOUSLY APPROVED. Upon Request IN PA, For additional $4,000, The Seller Will License The Construction Of This Plan On This Lot & Obtain/Transfer A Current COA/Approval To The Buyer & Builder U Select. Also Keep In Mind That The COA/Approval Applies To Footprint & Elevations ONLY & The Interior Of The Plan Can Be Tweaked.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Lot features
City LotCurbsSidewalksStorm SewerMature TreesTrees-Small (Under 20 Ft)Zoned
Zoning
D8

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,254 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,347per month, estimated
Principal and interest $1,084Property tax $188Insurance $75
20% · $43,000
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$215,000
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