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Sold
  • $56,000

    5151 Shelbyville Rd, Indianapolis, IN 46237

    --beds
    --baths
    0.99Acres
    Unimproved Land, Residential Lots
    Built in ----
    0.99 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,321 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,321/mo

    Zestimate® history
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    Owner options

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    $1,321/mo

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    $1,321/mo

    Rent Zestimate®

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    $282/mo

    Est. payment

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    $282/mo

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    What's special

    Build your custom home on this 0.99-acre residential lot in Franklin Township. This prime land offers a peaceful setting with the convenience of being just minutes from I-465 and I-65, offering an easy drive to downtown Indianapolis and beyond. Enjoy proximity to shopping centers, restaurants, top-rated schools, parks, and golf courses all just a short drive away. Essential utilities are readily available, making the building process smoother. This lot is adjacent to, and across the street from multiple commercial properties and could possibly re-zoned. Don't miss your opportunity to own this property.

    Zillow last checked: 8 hours ago

    Listing updated: October 22, 2025 at 06:25am

    Listing Provided by:

    Bob Magiera 812-327-3763,

    Hoosier, REALTORS®

    Bought with:

    Mamadou Gueye

    Trueblood Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 21982647MLS Logo

    Facts & features

    Property

    Lot
    • Size: 0.99 Acres
    • Features: Rectangle
    • Topography: Level
    Details
    • Parcel number: 491503153004000300
    • Zoning: Residential
    • Zoning description: Single Family
    • Horse amenities: None

    Utilities & green energy

    • Water: Municipal Water Near By

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: No Subdivision

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/3/2025Sold$56,000-17.5%
    Source: MIBOR as distributed by MLS GRID #21982647 Report a problem
    1/14/2025Pending sale$67,900
    Source: MIBOR as distributed by MLS GRID #21982647 Report a problem
    12/24/2024Price change$67,900-1.6%
    Source: MIBOR as distributed by MLS GRID #21982647 Report a problem
    6/8/2024Listed for sale$69,000+72.5%
    Source: MIBOR as distributed by MLS GRID #21982647 Report a problem
    5/13/2024Sold$40,000-40.3%
    Source: MIBOR as distributed by MLS GRID #21955317 Report a problem

    Public tax history

    Tax history is unavailable.

    Find assessor info on the county website

    Neighborhood: South Emerson

    Nearby schools

    GreatSchools rating