Indianapolis Land for Sale

Indianapolis Land for Sale

Welcome to Indianapolis, the vibrant heart of Indiana and a city that beautifully blends rich history with modern living. Known for its friendly atmosphere and diverse culture, Indianapolis is a city where innovation meets tradition. With a population of over 880,000, it stands as the state’s capital and largest city, making it a bustling hub for business, education, and entertainment.

Nestled within Marion County, Indianapolis boasts a unique array of neighborhoods, each offering its own charm and character. From the historic streets of Fountain Square to the trendy shops of Broad Ripple, there’s something for everyone here. The city is also home to world-class attractions, including the Indianapolis Motor Speedway, the Indianapolis Zoo, and the renowned Indiana Museum of Art, ensuring that residents and visitors alike are never short of things to do.

For those looking to invest in land, Indianapolis presents an exciting opportunity. With a variety of land for sale throughout the city and its outskirts, you can find the perfect canvas to build your dream home or develop a lucrative project. The real estate market here is thriving, supported by a growing economy and a steady influx of newcomers seeking the high quality of life that Indianapolis offers.

Whether you’re planning to construct a family home, a commercial space, or simply looking for a smart investment, Indianapolis is the place to be. Explore the possibilities that await you in this dynamic city, where your vision can become a reality amidst a backdrop of Midwestern charm. Don’t miss out on your chance to be part of Indianapolis’s bright future!

Newest Indianapolis Land for Sale

$55,000
This vacant lot offers a great opportunity for builders, investors, or developers looking to capitalize on the continued growth and revitalization of the area. Located in an increasingly desirable neighborhood surrounded by new and renovated homes, this property provides the opportunity to create a new construction home in a community on the rise. Conveniently located near neighborhood amenities, major roadways, shopping, dining, and entertainment. Bring your plans and take advantage of the potential this lot offers!

3115 N Park Avenue, Indianapolis

Listing courtesy of @Home Indiana.

$250,000
C-4 zoned commercial lot on Indianapolis' west side, located just off the high-traffic intersection of Rockville Road and Lynhurst Drive! Sitting on over half an acre, this site offers 100' of frontage on Lynhurst Drive, with an existing 60 x 120 paved lot with 24 parking spots , creating the perfect opportunity to put the existing lot to use or explore future development. Zoning allows for small retail, professional/medical offices, hair salons, coffee shops, and more. Conveniently located just 1/2 mile from I-465, don't miss your next opportunity!

10 Lynhurst South Drive, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

$339,000
The lot is currently split zoned the front half of the property along Michigan Road is currently zoned C-3 the rear half is currently zoned D5. The current city plan for this property recommends village mixed use zoning and MU2 zoning if the property is rezoned it is likely MU2 zoning would be approved this use allows for residential above commercial similar to the development the 25th in Delaware Goose Market live and work lofts. This property could also be zoned for doubles or quad units. Owner cleared lot. Ready for development. I have enclosed additional site plans for different uses pull up under the documents.

7502 N Michigan Road N, Indianapolis

Listing courtesy of Advisors Commercial Real Estate.

$9,000
Vacant Residential lot in Indianapolis, Excellent opportunity for investors, Builders or buyers looking to build a new home in an established neighborhood. Conveniently Located near shopping, dining, schools and major highways. Buyer to verify zoning, permitted uses, utilities, lot dimensions, all development requirements.

3147 N Colorado Avenue, Indianapolis

Listing courtesy of The Modglin Group.

$19,900
Vacant Residential lot in Indianapolis, Excellent opportunity for investors, Builders or buyers looking to build a new home in an established neighborhood. Conveniently Located near shopping, dining, schools and major highways. Buyer to verify zoning, permitted uses, utilities, lot dimensions, all development requirements.

2821 Collier Street, Indianapolis

Listing courtesy of The Modglin Group.

$19,900
Vacant Residential lot in Indianapolis, Excellent opportunity for investors, Builders or buyers looking to build a new home in an established neighborhood. Conveniently Located near shopping, dining, schools and major highways. Buyer to verify zoning, permitted uses, utilities, lot dimensions, all development requirements.

3051 S Lyons Avenue, Indianapolis

Listing courtesy of The Modglin Group.

$29,000
Vacant Residential lot in Indianapolis, Excellent opportunity for investors, Builders or buyers looking to build a new home in an established neighborhood. Conveniently Located near shopping, dining, schools and major highways. Buyer to verify zoning, permitted uses, utilities, lot dimensions, all development requirements.

1510 Faust Street, Indianapolis

Listing courtesy of The Modglin Group.

$35,000
Bring your vision to 5550 E Terrace Ave! This vacant lot offers an opportunity to explore future possibilities in a convenient location. This property provides a blank canvas with potential.

5550 E Terrace Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

$75,000

5075 W 52nd, Indianapolis

Listing courtesy of Kline Properties, Inc..

$20,000
Bring your vision to light on this vacant lot, located in historic Martindale Brightwood! This lot offers the opportunity to build in an up & coming community. The location is close to parks, schools, and nearby businesses. Utilities are available nearby. Don't miss the opportunity to add value to this growing community!

2853 N Denny Street, Indianapolis

Listing courtesy of Garnet Group.

$850,000
Prime 6.8-acre development opportunity at 4817 Kollman Road in Indianapolis, Indiana. This property offers an excellent opportunity for builders, developers, and investors looking to create a new residential neighborhood in an established and growing area. The property is currently zoned FARMLAND and includes a single-family residence originally constructed in 1938. The existing home is not considered part of the property's long-term development plan and will need to be removed as part of a future redevelopment project, subject to applicable approvals. With approximately 6.8 acres of land, the property provides substantial space for a potential residential development. A future owner may pursue a zoning change to allow residential development, creating the opportunity to develop a neighborhood that complements the surrounding area. Buyers should conduct their own due diligence regarding zoning, permitted uses, utilities, subdivision requirements, access, density, and all necessary governmental approvals. Location is a major advantage. The property is situated along a newly paved asphalt road and is surrounded by an already established residential area and other residential structures, providing an ideal setting for a neighborhood development. The property is also within walking distance of major area employers, offering convenient access to employment centers for future residents. Adding to its appeal, the property is approximately an eight-minute drive to Indianapolis International Airport, making it particularly attractive for commuters, business travelers, and residents seeking convenient access to one of the region's major transportation hubs. Whether you're a residential developer seeking your next project or an investor looking for land with future redevelopment potential, 4817 Kollman Road presents a rare opportunity to acquire 6.8 acres in an established Indianapolis setting and pursue the creation of a new residential community. Buyer to

4817 Kollman Road, Indianapolis

Listing courtesy of RE/MAX Acclaimed Properties.

$7,500

3348 Chase Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

Start Your Search

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative