Active
828 N Oriental Street
Indianapolis, IN 46202 (MLS #MBR22008496)
$159,000
Acres
0.09
Description
ATTENTION INVESTORS! MOTIVATED SELLER!! 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 IHPC already granting approvals, and… Read More the city ready to issue permits, the construction process is streamlined, allowing you to combine the parcels, break ground quickly, 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. Seller is willing to offer a 10% discount on both if purchased together, and seller may be open to financing a portion of the sale. Read Less
Courtesy of Keller Williams Indpls Metro N.
Days Online
196
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
$474k
(avg) sold price
+3%
36
homes sold
-10%
106
(avg) days on market
+17%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 2
Public
KG-8
IPS Butler University Laboratory School 55
Public
PK-8
Shortridge High School
Public
9-12
George Washington High School
Public
9-12
Snapshot
Area Map
Mortgage Calculator
Monthly Payment
$979
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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