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$199,900
Exceptional 2 Acre Lot for Investment or Builder Opportunity in Franklin Township. This premium 2-acre parcel in highly desirable Franklin Township offers the perfect blend of country-style tranquility and modern city convenience. Ideal for building your custom dream home outside of a subdivision. The flat, versatile acreage features a structurally sound 30' x 50' clear-span pole barn built in 1988, equipped with impressive 16.5-foot ceilings and dual 14-foot overhead doors perfect for a workshop, heavy equipment, or Boat/RV storage. Plus, addition barn door on one side of building. Close access to Interstate 65, this property provides an effortless commute to downtown Indianapolis, Greenwood, and Franklin, making it a rare and lucrative canvas for a luxury estate or strategic residential development.

8561 Shelbyville Road, Indianapolis

Listing courtesy of Premier Agent Network.

$899,000
Rare opportunity to own one of the last large residential investment properties in Greenwood! This approximately 5-acre, flat and usable property offers tremendous potential for builders, developers, and investors. Conveniently located approximately 20 minutes south of Downtown Indianapolis and just minutes from I-65, major shopping, parks, and highly rated Greenwood schools. The property is directly across from Greenwood Middle School and approximately half a mile from Greenwood High School and Freedom Park. Major utilities, including gas, electric, water, and sewer, are located along Averitt Road. Previous development plans outlined 13-20 duplexes, offering the potential for 26-40 total units subject to zoning and governmental approvals. The property also offers flexibility for custom home development, with potential lot sizes ranging from approximately 1/4-acre lots to larger estate-sized parcels. Currently on the property is an approximately 4,300-square-foot, 11/2-story home featuring 5 bedrooms, 3 bathrooms, 2 fireplaces, gas forced air, and central A/C. Additional improvements include an approximately 2,500-square-foot pole building, a 900-square-foot red barn, and a pool in need of improvements.

1301 Averitt Road, Greenwood

Listing courtesy of Trueblood Real Estate.

$250,000
Rare opportunity to own approximately 10 acres in Johnson County and create the country property you've been looking for! This mostly level, usable acreage offers an excellent setting for a custom-built home, mini farm, hobby farm, horses, outbuildings, gardens, or simply the space and privacy to enjoy country living. Convenient road frontage along W County Road 300 S provides easy access while maintaining a peaceful rural setting. Zoned Agricultural-Residential with electric available; well and septic required. Located in the Nineveh-Hensley-Jackson United School District and conveniently positioned near Trafalgar, Franklin and Bargersville. Bring your builder, your plans and your vision and turn these 10 acres into your own piece of Indiana countryside. Buyer/Buyer's Agent to verify acreage, boundaries, utilities, zoning, schools, soil/septic suitability and building requirements.

2065 W County Rd. 300 South Road S, Franklin

Listing courtesy of Daniels Real Estate.

$299,000
Welcome to this exceptional 1.91-acre, three-lot lakefront property situated at 0 Glenwood East Dr. in Martinsville, IN. The seller presents this beautiful property back on the market due to circumstances completely unrelated to the property. Approved buildable blueprints, onsite sewage permits, and other relevant land documents are recorded with Morgan County. Utilities are readily available to accommodate. This address, located in the Painted Hills exclusive community, boasts breathtaking views of Lake Holiday and Lake Nebo, making it a prime spot for year-round water sports enthusiasts. The spacious dock features two boat slips and a convenient launching pad with multi-level decking, offering an ideal setting for entertaining friends and family during and after constructing your amazing lakefront home! Residents enjoy clubhouse access, a community pool, beach, playground, sports courts, dog park, trails, fishing docks, marina, and so much more! Located within a 30-minute drive from Indianapolis or Bloomington and conveniently near Cedar Creek Winery, Brewery, and Distillery. Cheers! Experience the perfect blend of relaxation and fun...Lakefront Living starts here! Put E. Glenwood Dr in navigation to reach the lots through landmark Gate 3!

Glenwood East Drive, Martinsville

Listing courtesy of F.C. Tucker Company.

$185,000
Located in the heart of the highly sought-after Herron-Morton Place neighborhood, this is a rare opportunity to design and build a custom home in one of Indianapolis's most vibrant and historic areas. Partner with Compendium Group LLC and Trade Design Studios, a trusted design-build team known for thoughtful architecture, quality craftsmanship, and modern livability. Herron-Morton Place offers the perfect blend of urban convenience and neighborhood charm, with tree-lined streets, beautiful historic homes, and a strong sense of community. Enjoy close proximity to downtown Indianapolis, Mass Ave, IU Health, Eli Lilly, and some of the city's best dining, entertainment, and cultural destinations. Whether you envision a contemporary residence or a home that complements the neighborhood's historic character, this build opportunity allows you to bring your vision to life in a premier location. Don't miss the chance to create a custom home tailored to your lifestyle in one of Indy's most desirable neighborhoods.

2140 N Talbott Street, Indianapolis

Listing courtesy of @properties.

$1,000,000
9.95 acres of prime development ground on Martinsville's Grand Valley Blvd corridor. Site sits directly across from Grand Valley Health & Rehab and immediately behind the Walmart Supercenter - one of the city's busiest retail and medical nodes - with quick access to the newly completed I-69, now a signal-free freeway connection to downtown Indianapolis (~30 minutes). Established traffic counts, anchored trade area, and nearby rooftops make this a well-located infill opportunity for retail, medical, or mixed-use development. Also available in combination with two adjoining land offerings in the same growth corridor totaling 109 acres. Contact listing broker for pricing details. Buyer/buyer's agent to independently verify zoning, utilities, and all site information.

Cramertown Loop, Martinsville

Listing courtesy of New Start Home Realty, LLC.

$2,500,000
Includes Parcel 55-13-02-300-001.000.020 39.27 acres across two parcels fronting Cramertown Loop, directly across from Grand Valley Health & Rehab and the Walmart Supercenter node in Martinsville's fastest-growing corridor. The largest offering in this assemblage, positioned near the I-69/SR 252 interchange - now a signal-free freeway connection to downtown Indianapolis (~30 minutes). Currently unincorporated Morgan County land under county zoning jurisdiction, offering flexibility today with strong upside for future annexation and entitlement as growth continues along Grand Valley Blvd. Also available in combination with two adjoining land offerings in the same growth corridor totaling 120 acres. Contact listing broker for pricing details. Buyer/buyer's agent to independently verify zoning, utilities, and all site information.

Cramertown Loop, Martinsville

Listing courtesy of New Start Home Realty, LLC.

$59,000
Unique opportunity to acquire approximately 9.17 wooded acres situated between established residential subdivisions on the southeast side of Indianapolis. Big Run traverses the property, creating a natural wooded corridor within the surrounding development. The parcel is landlocked with no legal access to or from the land and is not represented as buildable. A title commitment has been obtained and is available for review. The property may be best suited for an adjoining owner, neighborhood association, conservation-oriented purchaser, or buyer exploring another special-purpose use. Any boundary lines shown in listing photos are approximate, provided for reference only, and do not constitute a survey. Buyer to independently verify acreage, boundaries, access, zoning, floodplain and floodway status, wetlands, easements, utilities, permitted uses, and suitability for any intended purpose.

Senour Road, Indianapolis

Listing courtesy of Hoosier Hub Realty, LLC.

$490,000
Looking for your own getaway? Little piece of paradise? Seclusion? This can be had with the beautiful 16.38 acres on Sichting Rd in the desirable Green Township, Morgan County. Multiple sites for building your dream home or family compound with everyone having room to roam as well! Enjoy taking a stroll through the woods or even walk down the bed of the shallow creek. So much exploring and adventure to be had. Or, build that dream home with the creek as your backdrop. Come take a stroll through the property but don't forget the boots! And see if you can spot the old hidden corn crib on the property....lots of history in that building. This property sits across the road from another parcel for sale with a 7115 address marker

00 Sichting Road, Martinsville

Listing courtesy of Keller Williams Indy Metro Partners.

$30,000
Build Your Dream Home! Great opportunity to own a 0.13-acre residential lot with plenty of potential for a beautiful new construction home. This property offers a great setting for a new built. Located in an area where new construction homes are currently being built, making this a great opportunity for a builder, investor, or future homeowner looking to be part of a growing neighborhood. Lot Highlights: Approximately 0.13 acres Great potential for a new build Residential neighborhood setting Opportunity for builders or investors Convenient street frontage and access Bring your plans and make this property yours! Home rendering and floor plan shown are conceptual only and are not included with the sale. Buyer to verify zoning, utilities, setbacks, building requirements, and permitted use.

1164 N Pershing Avenue, Indianapolis

Listing courtesy of The Elite Advantage, Inc..

$995,000
Commercial opportunity in the heart of Martinsville. This level 0.93-acre parcel at 1705 S Bobby Helms Blvd offers all public utilities available at the site and paved street frontage along one of Morgan County's established commercial corridors. The majority of the site is open and undeveloped, ready for the buyer's building plan, with an existing asphalt section of roughly 8,030 square feet already in place for parking, staging, or equipment access. Convenient to the I-69 corridor and minutes from downtown Martinsville, with M.S.D. of Martinsville schools and an established retail and service base nearby. Buyer to verify zoning, permitted uses, and utility capacity with the City of Martinsville.

1705 Bobby Helms Boulevard, Martinsville

Listing courtesy of New Start Home Realty, LLC.

$12,000
Prime residential development opportunity for builders and investors! This residentially zoned vacant lot offers the potential to build a duplex and already has access to water, sewer, gas, and electricity, helping position the property for future development. Ideal for an investor looking to build and hold, develop for rental income, or explore a larger multi-family project. Seller intends to convey the property by Quitclaim Deed. Buyer is encouraged to perform all desired due diligence regarding title and title insurability before closing. Buyer to independently verify zoning, utilities, permitted density, lot dimensions, ability to combine parcels, and intended use with the appropriate governmental authorities.

2940 N Chester Avenue, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

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