931 S East ST Indianapolis, IN 46225 Pending

UPDATED: 02/02/2026 03:58 PM ON MARKET: 349 days on market

$400,000

0.24 Acres

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

Subdivision Fletcher Place

MLS Listing ID 22039010

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Unimproved Land

Location

State IN

County Marion

Zoning C5

Interior

Fireplace N

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

School District Indianapolis Public Schools

Others

Acceptable Financing Will Divide

Listing Terms Will Divide

Property Description

Unlock the endless possibilities with this awesome property! Spanning 1/4 acre with appx 88 feet of main-road frontage, this listing offers unparalleled potential. Situated directly across from Eli Lilly and in close proximity to downtown attractions like Lucas Oil Stadium and Gainbridge Fieldhouse, this location is ideal for anyone looking to capitalize on Indy's bustling urban scene. Currently zoned C5, the property holds significant commercial appeal with great street frontage, making it a prime candidate for retail or commercial use. However, the ease of rezoning to D8 provides the flexibility to transform this space into residential development, whether it be a cluster of single-family homes or stylish townhomes. The property's location on a bus route enhances accessibility, appealing to both residents and businesses. Embrace the vibrant energy of Indianapolis with this property's unmatched potential for growth and redevelopment. Whether your ambitions are commercial or residential, this is poised to accommodate your vision.

Digital Millennium Copyright Act – DMCA Notice Based on information submitted to the MLS GRID as of 04/29/2026. All data is obtained from various sources and may not have been verified by broker or 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.