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$35,000
Opportunity awaits at 2332 Hobart Rd! This generous lot with more than a quarter acre, offers an excellent setting for your next project-whether you're planning a new home build or investing for the future. Conveniently located near I-65 for easy commuting, with quick access to shopping, dining, and downtown Indianapolis. Buyer to verify all building possibilities, zoning, and utility access.

2332 Hobart Road, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

$1,300,000
Owner-occupant opportunity in the heart of historic Fountain Square. This newly renovated 6,590 SF multi-tenant commercial property offers a rare opportunity to occupy the largest suite while maintaining income from two leased spaces. The building is prominently positioned along Shelby Street in one of Indianapolis' most active mixed-use corridors. The property consists of three suites: 1417 Shelby Street totaling 3,640 SF and currently vacant for immediate occupancy; 1415A Shelby Street totaling 1,250 SF and leased through July 31, 2028; and 1415B Shelby Street totaling 1,700 SF and leased through June 30, 2027. The layout provides a strong combination of owner-user space and stabilized tenancy within the same asset. A key feature of the property is its parking configuration. The site includes two separate parking lots, providing flexibility for tenant and customer use. The property offers direct access from Shelby Street, along with alley access to both parking areas, allowing for convenient ingress and egress, service access, and efficient traffic flow. Recent renovations enhance both the functionality and appearance of the building, delivering a move-in ready environment for an owner-occupant while maintaining quality space for existing tenants. The 3,640 SF suite presents an ideal footprint for retail, office, or service-oriented users seeking a strong presence in Fountain Square, with the flexibility to expand into additional space in the future as leases expire. This is a well-located, multi-tenant commercial asset offering immediate occupancy, established tenancy, dedicated parking, and excellent accessibility in one of Indianapolis' most desirable urban submarkets.

1415 Shelby Street, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$59,000
Exceptional opportunity to own a large vacant lot in Indianapolis, IN, offering endless potential for development or investment. Whether you are a builder looking for your next project, an investor seeking long-term land appreciation, or a homeowner ready to design a custom residence, this property provides the space and flexibility to bring your vision to life. With generous lot dimensions, this parcel allows for a variety of residential possibilities (buyer to verify zoning and permitted uses). Utilities are available nearby, and the property offers convenient access to major roadways, downtown Indianapolis, schools, parks, and local amenities. Secure land today and capitalize on the opportunity to build in one of Indianapolis' expanding corridors. Don't miss this chance to invest in land with space, location, and potential. Gas, municipal water, and wastewater are available for connection.

2857 Spruce Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$39,000
Prime opportunity in the heart of Indianapolis! This residential lot offers an excellent opportunity for builders, investors, or buyers looking to construct a custom home in an established neighborhood. Conveniently located near downtown Indianapolis, Fountain Square, and major highways, this property provides easy access to dining, shopping, schools, and employment centers. The lot offers great potential for new construction with utilities available nearby (buyer to verify). Surrounded by ongoing development and revitalization, this area continues to see strong growth and demand. Whether you are planning a primary residence, a rental investment, or a spec build, this is a strategic location with long-term upside. Don't miss the chance to secure land in a rapidly developing corridor of Indianapolis!

2814 Draper Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$500,000
4 Beds ⋅ 4 Baths
This incredible home which was rebuilt in 2021 has the original foundation from 1910, offers 2,212 square feet of thoughtfully designed living space. With 4 bedrooms, 3 full baths, and 1 half bath, the open floor plan creates a comfortable flow for everyday living and entertaining. The home features two primary ensuite bedrooms-one conveniently located on the main level and another on the second floor-offering flexibility for guests, multi-generational living, or a private retreat. The carpet on the main floor primary has been replaced in May, while two of the upstairs bedrooms have been freshly painted a neutral white, giving the space a bright, updated feel. Walk-in closets throughout the home provide plenty of storage. Outside, the private fenced backyard includes a deck and space for outdoor dining or relaxing. A charming balcony offers an elevated spot to enjoy morning coffee or unwind in the evening. Located in a residential area with convenient access to nearby amenities, this home combines modern construction with practical living space. Home is pre-wired with CAT6 cable and 2 washer/dryer hook ups.

1454 Laurel Street, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$139,900
3 Beds ⋅ 2 Baths
Charming 2-story home built in 1890 offering character, space, and opportunity in the heart of Indianapolis! This classic property features a welcoming full front porch, spacious living and dining areas, generously sized bedrooms, and a flexible upper-level layout. Large windows provide natural light throughout, while the fenced backyard and detached garage offer added convenience and privacy. The traditional floor plan allows buyers to move right in or update over time to build additional value. Located just minutes from downtown Indianapolis, dining, shopping, and major highways, this property presents a great opportunity for homeowners and investors alike. Schedule your showing today and explore the potential this historic home has to offer!

1839 Singleton Street, Indianapolis

Listing courtesy of BluPrint Real Estate Group.

$699,000
The last Premier Lots in Fountain Square Proper are available for your vision to showcase what could be the best investment of your life! 6 LOTS in total at just shy .8 acres, zoned C-4 with 1 lot containing a 2 bed 1.5 bath residence. This is a diamond in the rough waiting to shine. Property has not been functioning as a bar since 2010 and no longer possesses the 210 liquor license. This is a unique property protected under the National and local Historic associations, desiring specific talent to bring it back to what it once was or could be. Lots consist of Historic Sam's Saloon with 2 bedrooms and 1 bath upstairs above the original bar area, a 44x180 metal barn, a 2 bed residence and 3 vacant lots to allow plenty of parking that will be required with a functioning business. Take a look and let your imagination wander!

1640 Prospect Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$459,999
3 Beds ⋅ 4 Baths
Luxury new-construction 3-bedroom, 3.5-bath home located in the highly sought-after Fountain Square neighborhood! This stunning property features a fully finished, separate basement unit and private, fully fenced yards for each unit, offering exceptional flexibility and privacy. Showcasing high-end finishes throughout, the home is currently furnished and operating as a successful two-unit Airbnb-making it ideal for both investors and owner-occupants seeking income potential. Situated in a vibrant near-downtown location, the home is just steps from popular shops, restaurants, local retail, and offers easy highway access for convenient travel throughout Indianapolis. With ample living space and storage, this property is also perfectly suited as a forever home. A unique exterior design paired with soaring main-level ceilings creates a truly abstract and artistic aesthetic, setting this home apart from anything else on the market.

1112 Spann Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

$399,900
2 Beds ⋅ 4 Baths
Looking for easy living in a walkable Fountain Square location? Look no further! 1653 Lexington is a brand new construction 3 story townhome near all that Fountain Square and downtown Indianapolis has to offer. Enter the home on the ground floor to find an office / living area that could be easily converted to a third bedroom (closet already in place). A full bath with shower stall is ready to go on this level for guests or a bedroom conversion. Mudroom has storage lockers ready for coats, shoes and all of your other stuff! Attached one car garage is oversized and has gleaming epoxy floors. Head up to the main level of the home to find a perfect area for entertaining. The kitchen features high end stainless steel appliances, granite countertops, white shaker style cabinets and an oversized island. The kitchen flows seamlessly into your living room. A perfect setup for entertaining! Also on this level is your laundry room with folding area and a balcony overlooking the rear of the property. Head up to the third level to find the owners retreat with LVP floors, a cozy electric fireplace and large walk in closet. Master bath has a double vanity with quartz countertops and a large subway tile shower. Second bedroom also has LVP floors and an attached full bath with quartz countertops and shower stall. Why buy existing when you can get all of this brand new? Come take a look today!

1653 Lexington Avenue, Indianapolis

Listing courtesy of Trueblood Real Estate.

$239,000
2 Beds ⋅ 2 Baths
The home is just under 1 acre! Newly installed windows (2026) and brand NEW AC unit to be installed before closing. This single-family residence offers an inviting home ready to move in.The living room serves as a central gathering space, enhanced by a beamed ceiling and a wood wall, creating a warm and welcoming atmosphere. The kitchen features a wood ceiling, adding character and charm to the heart of this home. This property includes 2 full bathrooms and 2 bedrooms, offering comfortable accommodations. You also have a family and living room to choose your favorite cozy spot. Enjoy the outdoors on the porch and patio, extending your living space. The convenience of a laundry room adds to the home's practicality. With a BIG backyard, the home is a unique opportunity to embrace a lifestyle of comfort and tranquility.

2928 S Arlington Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

$264,900
3 Beds ⋅ 4 Baths
Discover the charm of Bates-Hendricks living in this spacious 3-bedroom, 3.5-bath home just minutes from Downtown and Garfield Park. Sold As-Is, this property offers a flexible layout with modern updates and historic character. The upstairs bedroom features a vaulted ceiling, walk-in closet, and its own HVAC system for ultimate comfort. Basement Bonus: Two additional rooms currently used as bedrooms and a full kitchen, perfect for extra living space or rental potential. Enjoy the convenience of a detached 2-car garage and off-street parking. Perfectly positioned near Fountain Square dining, trails, and IndyGo transit, this home combines urban accessibility with neighborhood appeal. Don't miss the opportunity to make this vibrant near-downtown lifestyle yours!

709 E Minnesota Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$54,900
Check out this fantastic lot available at a great price! Centrally located, it's the ideal spot to build your dream home. Plus, there's no HOA to worry about. Don't wait-this is the perfect opportunity in a nice neighborhood! Seller financing available.

5300 Southeastern Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$375,000
This quadruplex has 2 units on each floor and is conveniently located near Fountain Square and just minutes from downtown Indy. The building has 4 paved parking spots (rear of building) with additional street parking (front of building). Tenants currently have month to month leases and rent includes water/heat. Owner is selling 2 parcels together and does not want to separate. Please see MIBOR website for listing ID's #22078961 & #22078931.

2311 Shelby Street, Indianapolis

Listing courtesy of My Agent.

$1,125,000
Building offers 12 studio apartment units located near Fountain Square and just minutes from downtown Indy. Adjacent to the building is a paved parking lot allowing for 8 vehicles and has additional street parking. Tenants currently have month to month leases and rent includes water/heat. Owner is selling 2 parcels together and does not want to separate. Please see MIBOR website for listing ID's #22078961 & #22078931.

2325 Shelby Street, Indianapolis

Listing courtesy of My Agent.

$725,000
Proposed New Construction Duplex | 517 Prospect St - Downtown Indianapolis / Eli Lilly District Modern new-build duplex by Paradigm Construction & Development, ideally located just south of Eli Lilly HQ and the downtown core. Each two-story home (with basement) offers 3 bedrooms, 2.5 baths, open living space. Located just south of Eli Lilly HQ and minutes from Gainbridge Fieldhouse and Lucas Oil Stadium-prime for savy, short-term rental owner, investor or owner occupancy. This site sits in one of Indy's strongest growth corridors-perfect for an owner-occupant, house hacker, or short-term-rental investor. Walkable to Fountain Square, Virginia Ave corridor, and the Cultural Trail.

517 Prospect Street, Indianapolis

Listing courtesy of Canull Group LLC.

$159,900
3 Beds ⋅ 2 Baths
This is the one. You've been looking high and low and in the midst of neighborhood revitalization, you've found it. Let's start with the location: this Fountain Square charmer is within close proximity to Pleasant Run, Garfield Park, trails, and many major roads. Next, let's examine the exterior: the large covered porch and fully-fenced back yard are sure to intrigue as they offer both relaxation and privacy. Focusing on the interior, we can't overlook the spacious great room that leads to the separate dining room. The kitchen leads to a wooden deck and moving further, inside you will find 3 bedrooms, 2 full baths, and plenty of additional storage space in the basement. Schedule a showing today so you don't miss out.

2202 Woodlawn Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

$990,000
Located in Garfield Park, this hard corner offers excellent visibility and easy access to major corridors. This location benefits from steady neighborhood traffic and proximity to one of Indianapolis's most active community hubs. C-5 zoning allows for a wide range of uses including Gas Stations, Retail, office, and auto related operations. Two-Tenant building on site was remodeled in 2025, offering a refreshed and functional space for a variety of business types. Well Positioned on the corner of Shelby and Troy this site is just minutes from I-465!

1121 E Troy Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro Partners.

$120,000
The building consists of 1320 sq.ft. of ground floor and an additional 300+ sq.ft. of utility area on the second level. Two large overhead doors and one smaller overhead door lend the structure to use as storage or a workshop. It must be sold as a package sale: 3324 Prospect St and 1028 Vandeman St for a total of 0.2 acres of land ($233,900). Numerous potential uses as permitted by the Marion County Zoning Ordinance. Located just minutes from the interstate and the central Indianapolis area.

1028 Vandeman Street, Indianapolis

Listing courtesy of eXp Realty, LLC.

$319,000
KW Commercial is pleased to offer 4700-4702 Southeastern Ave., Indianapolis, IN. This unique opportunity includes two adjoining high-visibility corner parcels, on 0.7 acres, w/5,265 SF of improvements consisting of office, shop, and storage improvements, supported by ample yard and parking space. This long-established property provides a rare owner-user or investor opportunity along the well-traveled Southeastern Avenue corridor - (8,798 Vehicles/Day) - connecting I-465 and Downtown Indianapolis. The market area features a diverse mix of commercial, light industrial, and residential uses - making it ideal for transitional commercial applications and future redevelopment. The site has operated as a contractor's office and service facility for more than 50 years. There is a permanent zoning variance (D-3 Variance) authorizing automotive repair use, and City of Indianapolis staff have indicated that a C-3 zoning classification would likely be supported upon application, providing not only a proven location with excellent access, visibility, and infrastructure, but potential for multiple redevelopment opportunities as well. Extending the useful life and reducing near-term maintenance costs, in 2024 the owner invested over $42,000 in major building upgrades, including a new membrane roof, gutters, downspouts, and skylights on the primary structure, (with a transferable 20-year manufacturer's warranty). Additionally, in 2017 over $20,000 was invested in new rubber roofs on the 1,935 SF storage section of 4702 Southeastern as well as the 1,444 SF building at 4700 Southeastern. The property is secured by a private security camera system (monitored by Indiana Alarm) as well as perimeter security fencing covering most of the site - ideal for contractors, trades, or service-oriented operators seeking both functionality and peace of mind. Don't miss the opportunity to own this high-visability, multi-use property at an excellent price point!

4700-4702 Southeastern Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro S.

$285,000
3 Beds ⋅ 1 Baths
Welcome to Fountain Square! Prepare to be impressed by this meticulously redesigned single-family residence located in the heart of the highly sought-after Fountain Square neighborhood. This charming 3-bedroom, 1-bathroom home has been comprehensively updated, offering modern functionality, quality finishes, and immediate move-in readiness in a vibrant community. The kitchen is the focal point, designed for both entertaining and casual living. It showcases elegant quartz countertops and a functional large island perfect for meal prep and gathering. Inside, you can enjoy cozy evenings by the living room fireplace, which casts a warm, inviting glow. Outside, the allure of private outdoor living is easily embraced with a deck, patio, and fire pit in the fenced backyard. This is your perfect opportunity to own a high-quality home in one of Indy's most desirable areas.

1314 Laurel Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$300,000
Great opportunity to locate your business between two fast growing markets, Fountain Square & Garfield Park. Located at Troy and Shelby with quick access to RBT for the Red Line or I-65 access making the logistics preferred. Two buildings with over 5,600 sqft of usable space on two parcels. Front building has been used as office space for a plumbing company and rear building for storage. Second floor apartment in front building making a live work play option available if desired. Currently zoned MU-1.

1819 Shelby Street, Indianapolis

Listing courtesy of Weichert, Realtors-Tralee Prop.

$14,000
Nearly 1/2 acre lot. Buyer do your due diligence to know what you can do with the lot before making an offer. Owner finance available

3127 E Bradbury Avenue, Indianapolis

Listing courtesy of Wynkoop Brokerage Firm, LLC.

$300,000
Prime Real Estate in the North Square Neighborhood of Fountain Sq w/ 2 lots side by side zoned D8 totaling .21 acres(+/-). 1033 Hosbrook 40'x147' .14 acres. and 1035 Hosbrook 20'x152' .07 acres. Lots sold as a package and will not be separated. Ideal for Single family homes or multifamily. Bring your builder and building plans and live in one of the hottest neighborhoods in Indy. Steps from Spirited Restaurants, Shops and Music Venues and surrounded by Beautiful Homes in the heart of Fountain Sq.

1033 Hosbrook Street, Indianapolis

Listing courtesy of RE/MAX Advanced Realty.

$169,900
4 Beds ⋅ 2 Baths
This property offers the perfect opportunity for a savvy buyer looking to renovate and add value, or an investor looking to fix-and-flip, add to a rental portfolio, or a long-term hold property. This property features solid bones and a layout with great potential, this home is ready for your vision and updates. Located in a growing area of Indianapolis with nearby amenities. Don't miss your chance to bring this property back to life and maximize its potential!

1152 Churchman Avenue, Indianapolis

Listing courtesy of Scott Estates.

$112,500
3 Beds ⋅ 2 Baths
Welcome to this three-bedroom, one-and-a-half-bath ranch in Jefferson Gardens with plenty of space inside and out. The kitchen has been fully updated with stainless steel appliances, butcher block counters, a tile backsplash, large sink, and a breakfast bar that opens to the dining area. Both the front and rear enclosed porches expand the living space and create comfortable spots for relaxing or entertaining year-round. Storage and utility are highlights here. In addition to an oversized one-car garage and carport, the property offers three separate outbuildings that can be used for a workshop, garden shed, or hobby space. The fully fenced yard provides privacy and room to enjoy the outdoors. Inside, you'll find a flexible floor plan with a dining/family combo, laundry area with half bath, and three bedrooms on the main level. Located on a manageable lot with sidewalks, municipal water, and sewer, this home offers a balance of comfort and functionality. With so many spaces to use and customize, it's an ideal opportunity for anyone looking for a home that works as hard as they do.

1105 Worcester Avenue, Indianapolis

Listing courtesy of Epique Inc.

$90,000
0.1 acre lot with flexible zoning - C4. Residential housing for single-family or multi-family are both permitted as well as numerous options for commercial operations such as retail, hotel, business, automotive repair, and more! Minutes from the downtown Indianapolis area and local infrastructure. Just east of Fountain Square and its long history as a commercial district, now a sought-after area for local commerce and housing.

2041 Prospect Street, Indianapolis

Listing courtesy of eXp Realty, LLC.

$169,900
3 Beds ⋅ 1 Baths
Investor Special or First-Time Buyer Gem with Extra Lot! Recently remodeled home just minutes from downtown in a rapidly growing area with new construction nearby. Previously used as an Airbnb, this property is move-in ready and ideal for investors or first-time buyers. Includes adjoining lot with separate address-build another home or sell separately for added value. Motivated seller!

3337 Prospect Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

$90,000
0.09 acre lot with flexible zoning - C4. Residential housing for single-family or multi-family are both permitted as well as numerous options for commercial operations such as retail, hotel, business, automotive repair, and more! Minutes from the downtown Indianapolis area and local infrastructure. Just east of Fountain Square and its long history as a commercial district, now a sought-after area for local commerce and housing.

2033 Prospect Street, Indianapolis

Listing courtesy of eXp Realty, LLC.

$90,000
1 Baths
For sale 0.1 acre parcel zoned I4 - Industrial located just east of Fountain Square! It must be sold as a package sale: 3324 Prospect St and 1028 Vandeman St for a total of 0.2 acres of land ($233,900). The 1,248 sq.ft. home structure has partially been prepared for renovation and is paired with a small backyard and covered deck. Numerous potential uses as permitted by the Marion County Zoning Ordinance. Located just minutes from the interstate and the central Indianapolis area.

3324 Prospect Street, Indianapolis

Listing courtesy of eXp Realty, LLC.

$155,000
3 Beds ⋅ 1 Baths
This 3-bedroom, 1-bath home offers nearly 900 feet of comfortable living . The home features beautiful hardwood floors a detached garage and plenty of extra storage space in the full basement. Situated on the east side of Indianapolis, it's close to school, parks, and major roads. Could be a lovely home for a homeowner or a dependable investment with consistent cashflow.

533 Temperance Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative