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Listed by Joseph Buttler • Indy Crossroads Realty Group
$ 4,000,000
Est. payment /mo
New
10919 E 56th ST Indianapolis, IN 46235
9.79 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22062385
Tax Year 2024
Lot Size 9.795 Acres
Acres 9.795
Property Sub-Type Unimproved Land
Property Description
Two adjoining parcels totaling approximately 9.795 acres are available for sale or lease. Located at the southwest corner of East 56th Street and North German Church Road in northeast Indianapolis. This excellent location offers exceptional visibility, strong traffic counts, and convenient access to major commuter routes, making it ideal for residential or future commercial development with a zoning change. The first parcel, located at 5525 North German Church Road, consists of 4.3 acres of vacant land positioned prominently at the intersection of 56th Street and German Church Road. The site provides direct access to major corridors and is close to Geist Reservoir, Fort Harrison Park, and area shopping, dining, and schools. The second parcel, located at 10919 East 56th Street, includes 5.49 acres and currently features a brick farmhouse, a large all-steel commercial building with car lifts and full utilities, two smaller steel utility buildings, and an in-ground swimming pool. The property is beautifully landscaped with mature nut trees and borders scenic Indian Creek, offering a serene natural setting adjacent to Indian Creek Magnet Science School. Combined, these parcels present a rare opportunity in a rapidly growing corridor. The properties are ideally suited for future residential development such as condominiums or duplexes, or for potential commercial use pending zoning approval. Their strategic location, accessibility, and flexible potential make this an outstanding investment for developers or investors seeking growth in the northeast Indianapolis market.
Location
State IN
County Marion
Zoning CURRENT USE RESIDENTIAL
Interior
Fireplace N
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District Msd Lawrence Township
Others
Acceptable Financing Lease Option, Sell Entity
Listing Terms Lease Option, Sell Entity
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