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Denise Jarboe

denise@theharrisgrouprealty.com +1(270) 993-6433

Listed by Cory Grass • RE/MAX Acclaimed Properties • cell: 812-564-1111

$787,000

Est. payment - /mo

2 Baths

6.8 Acres Lot

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Key Details

Property Type Commercial

Sub Type Agriculture

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202636486

HOA Y/N No

Year Built 1938

Annual Tax Amount $2,790

Tax Year 2025

Lot Size 6.800 Acres

Acres 6.8

Lot Dimensions Irregular

Property Sub-Type Agriculture

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 (Rolls Royce, FedEx Freight, Maersk and many others) 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.

Location

State IN

County Marion County

Rooms

Basement Unfinished

Interior

Heating Gas

Inclusions Building, Land

Fireplace N

Exterior

Parking Features Gravel

Waterfront Description None

View Y/N true

Building

Sewer Public Sewer

Water City

New Construction No

Others

Pets Allowed No

Tax ID 49-12-35-116-001.000-200

Acceptable Financing IRM202636486

Listing Terms IRM202636486

Special Listing Condition None

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NEARBY SCHOOL & BUSINESS

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Denise Jarboe

+1(270) 993-6433

Broker Associate License ID: RB20000819

4817 Kollman RD Indianapolis, IN 46241

Denise Jarboe

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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