$189,000
Acres
0.09
Description
WOW! Don't miss this rare chance to craft a modern masterpiece in one of Indianapolis' most sought-after neighborhoods. Nestled in the highly desirable Cottage Home Historic District-just minutes from downtown-these two contiguous parcels are surrounded by a vibrant community of new builds and beautifully restored homes, making it a hub of growth and revitalization. These ready-to-build lots come fully equipped with approved design plans and permits for a stunning two-story luxury residence featuring 4 bedrooms, 4.5 bathrooms, and a fully finished basement, offering nearly 4,000 sq ft of elegant living space. With both the city and IHPC already granting approvals,… Read More the construction process is streamlined, allowing you to combine the parcels, break ground immediately, and bring your vision to life. Whether you're an investor seeking a high-return project or an owner-occupant ready to design your dream home, this turnkey opportunity delivers both convenience and sophistication. The thoughtfully crafted plans set the stage for a luxury residence that blends timeless style with modern functionality, featuring high-end finishes throughout. With the projected home value exceeding $1 million, this is your chance to build equity and live in style in one of the city's most flourishing areas. Located just moments from downtown, these lots provide easy access to shopping, dining, and entertainment, perfect for those who appreciate a vibrant, active lifestyle. Architectural plans, an appraisal report, and a detailed spec sheet are available for review, offering full transparency for discerning buyers. For those looking to maximize their investment, two additional lots-at 324 S College Ave and 323 S Cincinnati-are available as part of a package deal, each with their own design and approved plans. Act fast to secure these premier lots and bring your dream project to life in one of Indianapolis' most desirable neighborhoods! Read Less
Courtesy of Keller Williams Indpls Metro N.
Days Online
120
Last Updated
Property Type
Residential Lots
Lot Size
0.09 Acres
MLS Number
MBR22008496
Lot
Features: "Corner Lot", "Curbs", Acres: 0.09, Topography: Level, MLS Acres: <1/4 Acre
Property
Zoning: D8
Utilities
Sewer: "Municipal Sewer On Site"
Area snapshot
30 Days Snapshot Of 46202
$426k
(avg) sold price
+20%
16
homes sold
+33%
120
(avg) days on market
-2%
Nearby Schools
*Please check the school district website to see all schools in this area
IPS Butler University Laboratory School 55
Public
PK-8
Crispus Attucks High School
Public
9-12
Arsenal Technical High School
Public
9-12
H. L. Harshman Magnet Middle School
Public
7-8
Snapshot
Area Map
Mortgage Calculator
Monthly Payment
$0
The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
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