4825 Melrose AVE, Indianapolis, IN 46241
4825 Melrose AVE, Indianapolis, IN 46241
4825 Melrose AVE, Indianapolis, IN 46241
4825 Melrose AVE, Indianapolis, IN 46241
4825 Melrose AVE, Indianapolis, IN 46241
4825 Melrose AVE, Indianapolis, IN 46241
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Aimee & Jeff Yanis

Aimee & Jeff Yanis

+1(317) 496-2976
Listed by Eric J Johnson • F.C. Tucker Company
$ 97,997
Est. payment | /mo

9,583 Sqft Lot

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$ 97,997
Est. payment | /mo
Save Virtual Tour

9,583 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Residential Lots

Listing Status Active

Purchase Type For Sale

Subdivision Drexel Gardens

MLS Listing ID 22040254

HOA Y/N No

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Residential Lots

Property Description

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 the house(s) are built, there could be year round short term rental revenue for events such as The Indianapolis 500, Brickyard 400, All Colts Games, All Pacer games, GenCon, Boat Sport & Travel shows, etc...Indy has conventions all year long and is known to be a great Host City. Why not build close to all the action?! Set up your showing today and let's make a deal happen!

Location

State IN

County Marion

Zoning Residential

Interior

Fireplace N

Exterior

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

School District Indianapolis Public Schools

Others

Acceptable Financing Not Applic

Listing Terms Not Applic

Virtual Tour https://listing.threesixtyindy.com/ut/4825_Melrose_Ave.html

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Aimee & Jeff Yanis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 496-2976

ajyanis@gmail.com

6357 W US Highway 52 New Palestine, IN 46143, New Palestine, IN 46163-9185, USA

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4825 Melrose AVE