1.55 Acres for Sale in Indianapolis, Indiana

Investor Alert: Affordable Vacant Lot with Huge Potential Near Hope Center Indy!

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Build Your Dream Project on Nicolai Street!

Looking for your next investment or custom home site? Check out this vacant lot at 2422 Nicolai St, Indianapolis, IN 46239 — a quiet spot with great potential! 

It’s currently zoned SU-9, a holdover from when the Marion County Health Department owned it, but the city is open to rezoning for single-family or estate-style homes. 

That means you could create a beautiful, private retreat in a peaceful, low-density area — the kind of space buyers are craving right now.

You’ll love the location: it’s tucked just off S. Arlington Ave with easy access to I-465 and I-74, making it a smooth commute to downtown Indianapolis, Greenwood, or even Cumberland. 

The lot is near Hope Center Indy, a well-known community landmark, and just minutes from shopping, dining, and local schools. 

It’s the perfect mix of rural charm and city convenience.

Own this lot today for just $35,000 cash — or take advantage of our flexible seller financing with only $10,000 down and $480/month! 

Don’t miss this chance to build your dream or investment property in a growing area of Indy. Call us today to make an offer and lock in this deal!

Please note, buyers are encouraged to conduct thorough due diligence to ensure the property meets all expectations and requirements before proceeding with any plans.

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PURCHASE OPTIONS: 

Cash Price: $35,000

Seller Financing: 

Owner Financed Amount: $35,000

Down Payment: $10,000

Monthly Payments: $480

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PROPERTY INFORMATION: 

- Lot Type – Vacant Land

- State – IN

- County - Marion

- Assessor's Parcel Number - 49-09-22-103-002.000-700

- Zoning – Current zoning is SU-9, a holdover from when the Marion County Health Department owned it, but the city is open to rezoning for single-family or estate-style homes.

- Permitted uses: Check County zoning regulations for specific uses.

- Property Address – 2422 Nicolai St, Indianapolis, IN 46239

- Size - Acre(s) – 1.55

- Road Access – Paved road

- Electricity – at the street

- Water – well/private

- Sewer – septic/private

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PROPERTY LOCATION:

From I-465, take the exit for S. Arlington Avenue and head south. Turn left onto E. Edgewood Avenue, then right onto Nicolai Street. The property at 2422 Nicolai St will be on your left, just minutes from Hope Center Indy. You can use the Google Maps app to get directions going to the property. Tap the "Directions" button. Google Maps will provide you with a route tailored to your starting point and mode of transportation. 

Visit anytime, no need for an appointment with us! 

Google Maps coordinates and links are provided below. 

Google Maps Coordinates: 39.7381, -85.95932

Google Maps Link: 

https://maps.app.goo.gl/hxaxGSNHgsdgd7Lq9

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GOT QUESTIONS? WE HAVE ANSWERS!

- Call/Email Laura @ 520-338-2200, [email protected]. 

- We may have other properties at bargain prices available. All you have to do is ask!

- Don’t hesitate! Connect with us today while this incredible deal is still Available!

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DISCLAIMER:

Buyer must verify & work with County to know what can & can't be done with the land, obtain

proper permits if needed & confirm the availability of any utilities needed/serviced on the lots.

The seller makes no warranties or representations about the land, its condition, or what can be built on the parcel