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Listed by Cory Grass • RE/MAX Acclaimed Properties
$ 850,000
Est. payment /mo
New
4817 Kollman RD Indianapolis, IN 46241
6.8 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision Decatur Commons
MLS Listing ID 22124367
HOA Y/N No
Tax Year 2025
Lot Size 6.800 Acres
Acres 6.8
Property Sub-Type Farm
Property Description
Prime 6.8-acre development opportunity at 4817 Kollman Road in Indianapolis, Indiana. This property offers an excellent opportunity for builders, developers, and investors looking to create a new residential neighborhood in an established and growing area. The property is currently zoned FARMLAND and includes a single-family residence originally constructed in 1938. The existing home is not considered part of the property's long-term development plan and will need to be removed as part of a future redevelopment project, subject to applicable approvals. With approximately 6.8 acres of land, the property provides substantial space for a potential residential development. A future owner may pursue a zoning change to allow residential development, creating the opportunity to develop a neighborhood that complements the surrounding area. Buyers should conduct their own due diligence regarding zoning, permitted uses, utilities, subdivision requirements, access, density, and all necessary governmental approvals. Location is a major advantage. The property is situated along a newly paved asphalt road and is surrounded by an already established residential area and other residential structures, providing an ideal setting for a neighborhood development. The property is also within walking distance of major area employers, offering convenient access to employment centers for future residents. Adding to its appeal, the property is approximately an eight-minute drive to Indianapolis International Airport, making it particularly attractive for commuters, business travelers, and residents seeking convenient access to one of the region's major transportation hubs. Whether you're a residential developer seeking your next project or an investor looking for land with future redevelopment potential, 4817 Kollman Road presents a rare opportunity to acquire 6.8 acres in an established Indianapolis setting and pursue the creation of a new residential community. Buyer to
Location
State IN
County Marion
Zoning farmland
Interior
Fireplace N
Building
Sewer Public Sewer
New Construction false
Schools
Elementary Schools Valley Mills Elementary School
Middle Schools Decatur Middle School
High Schools Decatur Central High School
School District Msd Decatur Township
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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