Save
Ask
Tour
Hide
Share
$525,000
32 Days On Site

324 S College Avenue
Indianapolis, IN 46202

For Sale|Land|Active
Subdivision:
Rays
County:
Marion
Listing courtesy of Keller Williams Indpls Metro N 3174509202

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

324 S College Avenue324 S College Avenue324 S College Avenue324 S College Avenue
Save
Ask
Tour
Hide
Share

WOW! Don't miss this rare chance to craft two modern masterpieces in one of Indianapolis' most sought-after neighborhoods. Nestled in the highly desirable Fletcher Place Historic District in downtown Indy, this large .18ac parcel is surrounded by a vibrant community of new builds and beautifully restored homes, making it a hub of growth and revitalization. The lot is ready to be split into two separate parcels so construction can begin on each build. The sale price includes approved design plans and permits for two stunning two-story luxury residences each featuring 4 bedrooms, 4.5 bathrooms, and a fully finished basement, offering nearly 4,000 sq ft of elegant living space. With both the city and IHPC already granting approvals, the construction process is streamlined, allowing you to separate the parcels, break ground immediately, and bring these designs to life. Whether you're an investor seeking a high-return project or an owner-occupant ready to design your dream home, this turnkey opportunity delivers both convenience and sophistication. The thoughtfully crafted plans set the stage for two luxury residences that blend timeless style with modern functionality, featuring high-end finishes throughout. With the projected home values exceeding $1M each, this is your chance to build equity and live in style in one of the city's most flourishing areas. Located in downtown Indy, these lots provide easy access to jobs, shopping, dining, and entertainment - perfect for those who appreciate a vibrant, active lifestyle. Architectural plans, appraisal reports, and detailed spec sheets for both builds are available for review, offering full transparency for discerning buyers. For those looking to maximize their investment, two additional lots at 828 N Oriental are available as part of a package deal, ready to be combined and built on. Act fast to secure these premier lots and bring your dream project to life in one of Indianapolis' most desirable neighborhoods!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$525,000
Days On Site 
32 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
N/A
MLS® Number 
22009400
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$0.42 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.18
Zoning 
Residential D-8
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Cleared
Road Frontage 
City Street
Community Features
Association Dues 
5
HOA Fee Frequency 
Annually
Horse Property 
None
MLS Area 
4913 - Marion - Center Se
Roads 
Asphalt
School District 
Indianapolis Public Schools
Township 
Center
Schools
School District
Indianapolis Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Indpls Metro N 3174509202



Listings courtesy of as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share