5500 Mills Road, Indianapolis, IN 46221

$4,169,500
List Price
$4,169,500
Price Change
▼ $583,500 1511654413
MLS#
21526102
Lot Size
3,637,260
Property Type
VacantLots/Land
Neighborhood
PT SE1/4 S12 T14 R2 & PT
Days on Market
421
Status
ACTIVE

Property Description

NOTICE! The Owners are in the process of Zoning 9+ acres at the NE corner of this property (at Stop Light Intersection) to Commercial Retail Use. This site has multiple zoning for D7 Residential and Multi-family use and Apartment Land. 20 Acres - Mann Road Frontage is zoned C4. 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, Single Family
Potential Zoning
Multi-Fam, Other
Land Characteristics
City, Creek On Property, Rectangle, Mature Trees
Topography
Flood Plain, Flood Way Partial, Wetland
Improvements
None
Development Status
NoStatus
Facilities on Site
Cable, Electric, Gas, Telephone, Wtr&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
3,637,260
Acres
83.5
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®