4825 Melrose Avenue, Indianapolis, IN 46241

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
4825 Melrose Avenue,Indianapolis, IN 46241
$97,997
Virtual Tour
  • 0.22 Acres
  • Lots / Land
  • Active
Listed by: eric j johnson
Office: f.c. tucker company
MLS#:22040254
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$97,997

About this home

CALLING ALL INVESTORS! Here is a Great Opportunity for a double lot in Drexel Gardens! This double lot provides ample opportunity for someone looking to build not just one but two possible homes. This lot can be kept as one large corner lot OR split into two if someone so desires! The split would provide two .11/acre lots that are easily buildable and a chance to maximize your return on investment! The corner lot with the garage had a house on it at one time and is connected to city utilities so it's ready to go and has a brand new garage door on it as well. Purchase will come with TWO sets of build plans for you to use if you wish. Why pay for new plans when these are at your disposal!? Located near all the major highways (I65, I69, I70, I74 & I465) this location is PRIME!! It's only 10-15 Minutes from: The Indianapolis International Airport, The Indianapolis Motor Speedway, Lucas Oil Stadium, Gainbridge Fieldhouse, Downtown Indy's Circle Center, Eagle Creek Reservoir and more! Once...

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Home facts

  • Subdivision & Development:Drexel Gardens
  • Listing ID #:22040254
  • Added:446 day(s) ago
  • Updated:September 27, 2026 at 03:02 PM

Structure and exterior

  • Lot area:0.22 Acres
  • Lot Features:Cleared, Corner Lot, Level

Utilities

  • Water:Municipal Water on Site, Public Water

Finances and disclosures

  • Price:$97,997
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