5500 East Troy Avenue

Indianapolis, IN 46203

$1,950,000
Price
2,623,618 / 60.23
Lot Size / Acres

Description

Attention Real Estate Developers! Here's an amazing opportunity for residential development! A total of 60+ acres of land is available in three adjacent plots, located on the southeast side of the city and inside the 465 loop. The address and parcel numbers associated with this listing 5500 E Troy Ave (49-10-22-121-001.000-700) are 2809 S Ritter Ave (49-10-22115-001.000-700) and 2657 S Ritter Ave (49-1022-105-003.000-700) - the total acreage and tax information includes all three parcels. With road...Attention Real Estate Developers! Here's an amazing opportunity for residential development! A total of 60+ acres of land is available in three adjacent plots, located on the southeast side of the city and inside the 465 loop. The address and parcel numbers associated with this listing 5500 E Troy Ave (49-10-22-121-001.000-700) are 2809 S Ritter Ave (49-10-22115-001.000-700) and 2657 S Ritter Ave (49-1022-105-003.000-700) - the total acreage and tax information includes all three parcels. With road frontage and access on both Troy and Ritter, this land is perfect for creating a subdivision. The possibilities are truly endless.
  1. Listed by Rob Measel • F.C. Tucker Company • rob.measel@talktotucker.com

Property Details for 5500 East Troy Avenue

Subdivision Name
No Subdivision
Township
Warren
Zoning
Agricultural
LISTING UPDATED: 11/08/2024 02:48 PM

Property Details for 5500 East Troy Avenue

StatusActive
MLS #21951622
Days on Market275
Taxes$1,171 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lots
Year Built-
Lot Size60.23 AC
CountyMarion County

Building Information for 5500 East Troy Avenue

Building Size-Lot Size60.23 AC

Property Information for 5500 East Troy Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Use GPS
  • Postal Code: 46203
  • Road Access: County Rd
  • Road Frontage Type: County Road
  • State Or Province: IN
  • Topography: Level
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491022121001000700
  • Semi Annual Property Tax Amt: 1171
  • Tax Exemption: None
  • Tax Year: 2021
  • Additional Parcels Description: 491022105003000700, 491022115001000700
  • TaxLot: 15
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: Rural Not in Subdivision
  • Lot Size Square Feet: 2626618.0
  • Lot Size Acres: 60.23
  • New Construction: False
  • Other Structures: No Building
  • Soil Type: Other
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Zoning Change Required
  • Divisible: Yes
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: Pt Sw1/4 Se1/4 S22 T15 R4 Beg Nw Cor E 1008.19Fts 1336.59Ft W 1008.19Ft N 1336.58Ft To Beg30.938Ac
  • Photos Count: 19
  • Present Zoning: Agricultur
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Undeveloped
  • Transaction Type: Sale
Utilities
  • Facilities Near: Cable,Electric,Gas,Sewer,Telephone,Water
  • Facilities On: None
  • Sewer: Municipal Sewer Near
  • Solid Waste: No
  • Water: Municipal Water Near By
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 5500 East Troy Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5500 East Troy Avenue

Taxable ValueLand$50,200Additions-Total$50,200
Tax Record2023$1,155 ($96 / month)
Home Facts
Lot Size1,347,660 SqFtStyleFarmsCountyMARIONAPN49-10-22-121-001.000-700

Schools near 5500 East Troy Avenue

This home is within M S D Warren Township.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Lowell Elementary School
PublicK to 4

Raymond Park Intermediate School (5-6)
Public5 to 6

Raymond Park Middle School (7-8)
Public5 to 8

Warren Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5500 East Troy Avenue is a 60.23 ac of land for sale in Indianapolis, IN 46203. This property was listed for sale on November 3, 2023 by F.C. Tucker Company, it's currently listed at $1,950,000. It has been on the market for a total of 275 days and was last sold on April 28, 2016. This listing's school district is M S D Warren Township. Nearby schools include Lowell Elementary School, Raymond Park Intermediate School (5-6) and Raymond Park Middle School (7-8). 5500 East Troy Avenue is a 0-bed, 0-bath, 60.23 ac of land on a 2,623,618 sq. ft. / 60.23 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.C. Tucker Company

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.