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354 N Addison Street

Indianapolis, IN 46222

ActiveListed Oct 17, 2026 · 1 day on market

Key facts

Lot
0.12 acres
Type
Land · Residential Lots
MLS #
22132040
County
Marion
Subdivision
West Park

About this home

Build your vision on this level, rectangular 0.12-acre lot at 354 N Addison St, a clean, ready-to-go infill opportunity on Indianapolis' Near Westside. The parcel is clear of structures and offers a simple, efficient footprint for new construction. Sidewalk frontage is out front, and an alley runs along the rear for convenient rear access, parking options, and potentially adding an additional dwelling unit (ADU). The block is already seeing new investment, with renovated homes on either side, and the surrounding area continues to see significant development and rehabilitation activity, making this an ideal spot for builders, investors, or homeowners looking to build new. Located just around the corner from Saint Anthony's School and a short drive to downtown, this lot combines convenience with long-term upside. Buyer to verify zoning, utilities, and permitting with the City of Indianapolis. Opportunities to secure buildable land this close to the city's core don't last. Bring your builder and your plans.

Description provided by the listing brokerage.

Exterior

Fencing
Chain LinkPartial
Other structures
Not Applicable

Systems

Sewer
Public Sewer

Lot and HOA

Zoning
ZO01

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$156 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$256per month, estimated
Principal and interest $227Property tax $13Insurance $16
20% · $9,000
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$45,000
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