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Rare redevelopment opportunity featuring TWO parcels included in the sale! This property offers both an existing home and an adjacent vacant lot, creating multiple possibilities for investors, builders, and visionaries looking to capitalize on an area experiencing significant revitalization. Surrounded by renovated homes and new construction, this property is positioned in a neighborhood where redevelopment activity continues to gain momentum. Whether you're considering a full renovation, new construction, expanding the existing footprint, or holding for future appreciation, the included vacant lot adds flexibility and value that is difficult to find. The home is currently vacant and requires substantial repairs and updates. Utilities are not active, and the property is being sold as-is. Buyers should exercise caution when touring the home and bring a flashlight, as electricity is not available. Opportunities like this-with an existing structure and an additional buildable lot-are increasingly rare. Explore the possibilities and unlock the potential of this unique investment property. Each lot is 40x110.
Property Type(s):
Single Family
| Last Updated | 7/20/2026 | Tract | Parkside |
|---|---|---|---|
| Year Built | 1930 | Community | 4910 - Marion - Center |
| County | Marion |
SCHOOLS
| Elementary School | William McKinley School 39 |
|---|---|
| Jr. High School | HW Longfellow Med/STEM Magnet Midl |
| High School | Arsenal Technical High School |
Price History
| Prior to Jul 20, '26 | $160,000 |
|---|---|
| Jul 20, '26 - Today | $130,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | None |
| AREA | 4910 - Marion - Center |
| BASEMENT | FULL, Interior Entry, Yes |
| CONSTRUCTION | Aluminum Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 8712 sq ft |
| PARKING | On Street |
| STORIES | 1.5 |
| STYLE | Bungalow |
| SUBDIVISION | Parkside |
| WATER | Public |
Location
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Listed with Keller Williams Indy Metro Partners
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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