5500 Mills Road, Indianapolis, IN 46221

$2,160,000
List Price
$2,160,000
Price Change
▼ $400,000 1551238504
MLS#
21526102
Lot Size
2,352,240
Property Type
VacantLots/Land
Neighborhood
PT SE1/4 S12 T14 R2 & PT
Days on Market
488
Status
ACTIVE

Property Description

NOTICE! This site has multiple zoning for D7/D11 Residential and Multi-family use and Apartment Land. 20 Acres - WILL DIVIDE. Terrific road frontage on Mills Road. Rolling hills, flatland, some wooded, some clear, some flood plain/nature preserve. Five-minute drive to I-465, and five minutes to State Road 37. Suitable for a mix of multi-family and single family residences.

Additional Information

Present Zoning
Commercial, Multi-Fam
Potential Zoning
Multi-Fam, Single Family
Land Characteristics
City, Creek On Property, Rectangle, Mature Trees
Topography
Flood Plain, Flood Way Partial, Wetland
Buildings
No Building
Improvements
None
Development Status
NoStatus
Facilities on Site
Cable, Electric, Gas, Telephone, Water & Sewer
Facilities near Site
None
Water
Fees Tap, Municipal Water on Site
Sewer
Fees Tap, Municipal Sewer On Site
Road Access
CityStreet
Road Frontage
CityStreet
Road Surface
Asphalt
Options
Will Divide
Lot Size
2,352,240
Acres
54
Water
Fees Tap, Municipal Water on Site
Region
Decatur
Neighborhood
PT SE1/4 S12 T14 R2 & PT
School District
Decatur Township

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty World-Harbert Company.

Information Deemed Reliable But Not Guaranteed. © 2019 Metropolitan Indianapolis Board of REALTORS®