4817 Kollman Road, Indianapolis, IN 46241
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
4817 Kollman Road,Indianapolis, IN 46241
$850,000
- 6.8 Acres
- Lots / Land
- Active
Listed by: cory grass
Office: re/max acclaimed properties
MLS#:22124367
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$850,000
About this home
Prime 6.8-acre development opportunity at 4817 Kollman Road in Indianapolis, Indiana. This property offers an excellent opportunity for builders, developers, and investors looking to create a new residential neighborhood in an established and growing area. The property is currently zoned FARMLAND and includes a single-family residence originally constructed in 1938. The existing home is not considered part of the property's long-term development plan and will need to be removed as part of a future redevelopment project, subject to applicable approvals. With approximately 6.8 acres of land, the property provides substantial space for a potential residential development. A future owner may pursue a zoning change to allow residential development, creating the opportunity to develop a neighborhood that complements the surrounding area. Buyers should conduct their own due diligence regarding zoning, permitted uses, utilities, subdivision requirements, access, density, and all necessary governmental approvals. Location is a major advantage. The property is situated along a newly paved asphalt road and is surrounded by an already established residential area and other residential structures, providing an ideal setting for a neighborhood development. The property is also within walking distance of major area employers, offering convenient access to employment centers for future residents. Adding to its appeal, the property is approximately an eight-minute drive to Indianapolis International Airport, making it particularly attractive for commuters, business travelers, and residents seeking convenient access to one of the region's major transportation hubs. Whether you're a residential developer seeking your next project or an investor looking for land with future redevelopment potential, 4817 Kollman Road presents a rare opportunity to acquire 6.8 acres in an established Indianapolis setting and pursue the creation of a new residential community. Buyer to...
Contact an agent
Home facts
- Subdivision & Development:Decatur Commons
- Listing ID #:22124367
- Added:13 day(s) ago
- Updated:September 17, 2026 at 03:52 PM
Structure and exterior
- Lot area:6.8 Acres
- Lot Features:Level
Schools
- High school:Decatur Central High School
- Middle school:Decatur Middle School
- Elementary school:Valley Mills Elementary School
Utilities
- Water:Municipal Water on Site
Finances and disclosures
- Price:$850,000
New listings near 4817 Kollman Road
- New
$925,000Active4 beds 4 baths3,900 sq. ft.349 Millridge Drive, Carmel, IN 46290
MLS# 22088323Listed by: EXP REALTY LLC - New
$400,000Active4 beds 3 baths2,946 sq. ft.9410 Bethel Woods Drive, Indianapolis, IN 46239
MLS# 22122812Listed by: 1 PERCENT LISTS INDIANA REAL ESTATE - New
$399,900Active4 beds 3 baths1,750 sq. ft.4820 E 70th Street, Indianapolis, IN 46220
MLS# 22125613Listed by: COMPASS INDIANA, LLC - New
$525,000Active3 beds 2 baths2,142 sq. ft.5254 N New Jersey Street, Indianapolis, IN 46220
MLS# 22126254Listed by: F.C. TUCKER COMPANY - Open Sun, 1 to 3pmNew
$239,900Active4 beds 2 baths1,680 sq. ft.5556 Meckes Lane, Indianapolis, IN 46237
MLS# 22126369Listed by: MARK DIETEL REALTY, LLC - Open Thu, 5 to 7pmNew
$319,999Active4 beds 3 baths2,659 sq. ft.3038 Sunmeadow Court, Indianapolis, IN 46228
MLS# 22126446Listed by: @PROPERTIES - New
$400,000Active4 beds 3 baths3,577 sq. ft.3102 Bent Timber, Indianapolis, IN 46268
MLS# 22126456Listed by: KELLER WILLIAMS INDY METRO PARTNERS - New
$370,000Active4 beds 3 baths3,612 sq. ft.5870 Magnificent Lane, Indianapolis, IN 46234
MLS# 22126500Listed by: F.C. TUCKER COMPANY - New
$159,900Active4 beds 2 baths1,856 sq. ft.3455 W Michigan Street, Indianapolis, IN 46222
MLS# 22126631Listed by: GOLD STAR REAL ESTATE, LLC - New
$154,900Active2 beds 2 baths812 sq. ft.2154 Webb Street, Indianapolis, IN 46225
MLS# 22126647Listed by: BROKER DIRECT REALTY, LLC