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$30,000

4817 Melrose Avenue
Indianapolis, Indiana 46241

Active / MLS #22090126 / Vacant Land / Stout Field - Indianapolis
Listing information updated 3/22/2026 at 5:26pm
**INVESTOR & BUILDER OPPORTUNITY IN DREXEL GARDENS!** Great opportunity to own **two adjoining, already separated lots** with flexible building potential-perfect for building one or two homes. One lot previously had a home and is connected to city utilities, giving future construction a head start. The property includes an **open shed for storage** and a **carport**, adding immediate functionality. Conveniently located with easy access to major highways and key Indianapolis destinations. Buyer to verify zoning, permitted uses, and utility details. Schedule your showing today!
Square Feet:
N/A
Lot Size:
0.11 Acres
Acreage:
0.11
Tax Amount:
N/A
Tax Year:
2024
Zip Code:
46241
City:
Indianapolis
County:
Marion
School District(s):
MSD Wayne Township
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: F.C. Tucker Company

Listing Office Phone: 317.271.1700

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/22/2026 at 5:26pm. 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.

$140,491
Average Sale Price
55
Average Days On The Market
89%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 4817 Melrose Avenue, Indianapolis, IN 46241

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4817 Melrose Avenue, Indianapolis, IN 46241 is a vacant land currently listed at $30,000. This vacant land has been listed on @properties IND since March 20th, 2026.

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