426 E 16th Street Indianapolis, IN $ 395,000
426 E 16th Street
$ 395,000
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426 E 16th Street

Indianapolis, IN, 46202
$ 395,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,728

426 E 16th Street, Indianapolis, IN 46202 - Image 1
426 E 16th Street, Indianapolis, IN 46202 - Image 2
426 E 16th Street, Indianapolis, IN 46202 - Image 3
426 E 16th Street, Indianapolis, IN 46202 - Image 4

Lots and Land for sale in Indianapolis, IN

for $395,000. The lot size is 0.4.

Prime development opportunity located at the corner of 16th Street and Central Avenue in the highly desirable Herron-Morton Place Historic District of Downtown Indianapolis. Positioned in a high-visibility, high-traffic area with strong walkability, this site offers excellent access to Mass Ave & The Bottleworks District as well as many other Downtown attractions. At this price and location, this property is an ideal opportunity for investors or developers looking to bring a unique vision to one of the city's most vibrant and growing neighborhoods!

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Lots and Land Active

Price

$ 395,000

Property Type

Lots and Land

Taxes

$ 1,566

Style

Unimproved Land

Lot Size

0.4

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22049621

Features
General
Sewer Other
Possession Closing
Development Status See Remarks
Zoning C3
Topography Cleared Level
Township Center
Property Subtype Unimproved Land
Tax Year 2024
County Marion
New Construction N
Property Type Land
Subdivision Name Allen & Roots North
Other Structures Not Applicable
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 17424
Standard Status Active
Tax Lot 205 206 & Pt 207
Legal Description Allen & Roots North Add L205 L206 & Pt L207 Beg Se Cor L205 P.O.B. N107.13 W163.39 S107.05 E161.76 To Beg 0.399Ac
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Exterior
Lot Size Acres 0.4
Road Surface Type Asphalt Concrete
Road Frontage Type City Street
Horse Amenities None
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* Excluded Features
List By
@Properties

Broker

tjohnson@atpropertiesind.com

Email

Affordability Calculator

$2,859
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,728
Monthly Property Taxes
$131
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$395,000 -7.06% Price Down
1/23/2026$425,000 -10.53% Price Down
7/12/2025$475,000 Listed Price

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426 E 16th Street, Indianapolis, IN, 46202 is a Lots and Land for sale at $395,000 with a lot size of 0.4. 426 E 16th Street has 0.0 baths. The property's zip code is 46202 which is in Indianapolis, IN