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Brittany Woods at M.S.WOODS
1549 N Arsenal Avenue, Indianapolis, IN 46201
- $346,000
- Sold Price
- $346,000
- List Price
- $425,000
- Closing Date
- Oct 23, 2026
- MLS#
- 22076967
- Property Type
- Land
- Days on Market
- 311
- Status
- SOLD
Property Description
This prime vacant parcel in Indianapolis presents an exceptional development opportunity, already approved for 16 residential units. Situated on a hard corner with excellent road frontage, the site offers strong visibility and access, ideal for a multi-unit residential project. An added advantage is the potential to acquire neighboring parcels, which could significantly expand the overall footprint and allow for additional units beyond the current approval. This flexibility creates a compelling upside for developers looking to scale or enhance density in a growing market. With approvals in place and expansion potential on the table, this property is well positioned for an efficient path from acquisition to development in a desirable Indianapolis location.
Additional Information
- Present Zoning
- Multi-Fam
- Number of Lots
- 2
- Land Characteristics
- Corner
- Topography
- Cleared
- Development Status
- Finished Lot(s)
- Facilities on Site
- Cable, Electric, Gas, Sewer, Water
- Facilities near Site
- None
- Water
- Municipal Water on Site
- Sewer
- Public Sewer
- Road Access
- See Remarks
- Road Frontage
- City Street
- Road Surface
- Asphalt
- Acres
- 0.46
- Water
- Municipal Water on Site
- Region
- Center
Listing courtesy of Jason Alsup. eXp Realty, LLC
Selling Office: eXp Realty, LLC.How much is your home worth?
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.