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$97,997
CALLING ALL INVESTORS! Here is a Great Opportunity for a double lot in Drexel Gardens! This double lot provides ample opportunity for someone looking to build not just one but two possible homes. This lot can be kept as one large corner lot OR split into two if someone so desires! The split would provide two .11/acre lots that are easily buildable and a chance to maximize your return on investment! The corner lot with the garage had a house on it at one time and is connected to city utilities so it's ready to go and has a brand new garage door on it as well. Purchase will come with TWO sets of build plans for you to use if you wish. Why pay for new plans when these are at your disposal!? Located near all the major highways (I65, I69, I70, I74 & I465) this location is PRIME!! It's only 10-15 Minutes from: The Indianapolis International Airport, The Indianapolis Motor Speedway, Lucas Oil Stadium, Gainbridge Fieldhouse, Downtown Indy's Circle Center, Eagle Creek Reservoir and more! Once the house(s) are built, there could be year round short term rental revenue for events such as The Indianapolis 500, Brickyard 400, All Colts Games, All Pacer games, GenCon, Boat Sport & Travel shows, etc...Indy has conventions all year long and is known to be a great Host City. Why not build close to all the action?! Set up your showing today and let's make a deal happen!

4825 Melrose Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

$330,000
Come explore this approximately 3.38-acre lot, totaling 147,232.8 square feet, located in a rapidly developing area with strong growth potential. Whether you're looking to build a commercial project, establish a business location, or invest for future value, this property offers a wide range of possibilities. Zoned C1 (Commercial), the lot permits various uses including retail, office space, service-based businesses, and more, making it ideal for entrepreneurs, investors, or developers seeking space in a strategic and high-visibility location. An ALTA/NSPS survey is already on file and will be honored by the seller. Any additional survey needed will be at the buyer's expense. Buyers are encouraged to verify zoning regulations, allowable uses, and utility availability with the local planning department to confirm compatibility with their intended plans. This is a great opportunity to secure a large, versatile commercial lot with ample space to bring your vision to life.

421 Bridgeport Road S, Indianapolis

Listing courtesy of eXp Realty, LLC.

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