324 S College Avenue Indianapolis, IN $ 650,000
324 S College Avenue
$ 650,000
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324 S College Avenue

Indianapolis, IN, 46202
$ 650,000
Baths0.0

Monthly Estimate*

$ 4,540

324 S College Avenue, Indianapolis, IN 46202 - Image 1
324 S College Avenue, Indianapolis, IN 46202 - Image 2
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324 S College Avenue, Indianapolis, IN 46202 - Image 4
324 S College Avenue, Indianapolis, IN 46202 - Image 5
Studio

Lots and Land for sale in Indianapolis, IN

for $650,000. The lot size is 0.18.

Unlock the essence of urban luxury living with this exceptional vacant lot, perfectly situated in the vibrant heart of Indianapolis and ready to be split and developed into two stunning homes. This prime parcel not only boasts fully approved design plans and permits for both properties but also expedites the building process for the discerning buyer. Ready for immediate construction, the meticulously crafted designs set the stage for two sophisticated luxury homes adorned with high-end finishes, ensuring unparalleled residences of timeless elegance. This turnkey opportunity seamlessly merges luxury and convenience, offering a distinctive blend of sophistication and modern living. With projected home values exceeding $1.1M each, this project eagerly awaits the vision of a discerning buyer poised to make a lasting impact on this flourishing neighborhood. Nestled in the Fletcher Place neighborhood, a burgeoning area near downtown Indianapolis, this project stands as a beacon of revitalization, surrounded by a collection of new builds and fully renovated homes. Seize the chance to bring these dream homes to life in a location characterized by growth and potential. These ready-to-build lots invite you to craft two masterpieces and embrace the dynamic energy of a neighborhood on the rise, all while making a handsome profit from the endeavor. Copies of recent appraisals, architectural plans, and spec sheets are all included and available for review. Another similar property is also available for a package deal (828 N Oriental). Act quickly for maximum ROI!!

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Lots and Land Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 924

Style

Residential Lots

Lot Size

0.18

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21955320

Features
General
Sewer Municipal Sewer Near
Possession Closing
Development Status Not Applicable
Zoning Residential D-8
HOA 5
Topography Cleared
Township Center SE
Property SubType Residential Lots
Tax Year 2022
Assoc Fee Paid Per Annually
County Marion
New Construction N
Property Type Land
HOA / Comm Assn Y
Subdivision Name Rays
Other Structures No Building
Status Active
Directions Use GPS
City Indianapolis
Buyer Agent Compensation 2.5
View Y/N N
High School District Indianapolis Public Schools
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 7920
Waterfront Y/N N
Street Name College
Current Financing Cash Only SeeRemarks
Additional Parcels Y/N N
Days on Market 127
Standard Status Active
Tax Lot 92
Buyer Agent Compensation Type %
Legal Description Lot Number Seven (7) in James G. Ray's Subdivision of the East Half of Outlot 92 of the Donations Land of the City of Indianapolis as per plat thereof recorded in Plat Book 1 pages 23 and 24 in the o
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Interior
Street Suffix Avenue
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Exterior
Lot Size Acres 0.18
Road Surface Type Asphalt
Road Frontage Type City Street
Number of Lots 1
Horse Amenities None
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* Excluded Features
List By
Keller Williams Indpls Metro N

Broker

peter@peterstewartrealty.com

Email

Affordability Calculator

$4,617
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$77
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2023$650,000 Listed Price

Map


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324 S College Avenue, Indianapolis, IN, 46202 is a Lots and Land for sale at $650,000 with a lot size of 0.18. 324 S College Avenue is a studio with 0.0 baths. The property's zip code is 46202 which is in Indianapolis, IN