10919 E 56th Street Indianapolis, IN $ 4,000,000
10919 E 56th Street
$ 4,000,000
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10919 E 56th Street

Indianapolis, IN, 46235
$ 4,000,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 27,627

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Lots and Land for sale in Indianapolis, IN

for $4,000,000. The lot size is 9.795.

Two adjoining parcels totaling approximately 9.795 acres are available for sale or lease. Located at the southwest corner of East 56th Street and North German Church Road in northeast Indianapolis. This excellent location offers exceptional visibility, strong traffic counts, and convenient access to major commuter routes, making it ideal for residential or future commercial development with a zoning change. The first parcel, located at 5525 North German Church Road, consists of 4.3 acres of vacant land positioned prominently at the intersection of 56th Street and German Church Road. The site provides direct access to major corridors and is close to Geist Reservoir, Fort Harrison Park, and area shopping, dining, and schools. The second parcel, located at 10919 East 56th Street, includes 5.49 acres and currently features a brick farmhouse, a large all-steel commercial building with car lifts and full utilities, two smaller steel utility buildings, and an in-ground swimming pool. The property is beautifully landscaped with mature nut trees and borders scenic Indian Creek, offering a serene natural setting adjacent to Indian Creek Magnet Science School. Combined, these parcels present a rare opportunity in a rapidly growing corridor. The properties are ideally suited for future residential development such as condominiums or duplexes, or for potential commercial use pending zoning approval. Their strategic location, accessibility, and flexible potential make this an outstanding investment for developers or investors seeking growth in the northeast Indianapolis market.

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Lots and Land Active

Price

$ 4,000,000

Property Type

Lots and Land

Taxes

$ 2,628

Style

Unimproved Land

Lot Size

9.795

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22062385

Features
General
Sewer Public Sewer
Possession Negotiable
Development Status Zoning Change Required
Zoning CURRENT USE RESIDENTIAL
Topography Pasture Stream Wooded See Remarks
Township Lawrence
Property Subtype Unimproved Land
Tax Year 2024
Current Use Residential
Additional Parcels Description 490809109005000407
County Marion
New Construction N
Property Type Land
Subdivision Name No Subdivision
Other Structures Other
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Lawrence Township
MLS Area 4904 - Marion - Lawrence
Lot Size Square Feet 426670
Additional Parcels Y/N Y
Standard Status Active
Tax Lot Pt Ne1/4 Ne1/4 S9 T16 R5
Legal Description Pt Ne1/4 Ne1/4 S9 T16 R5 Beg 686.55' E Of Nw Cor P.O.B E356.4' S668.45' W358.4' N668.77' To Beg
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Exterior
Lot Features Corner Lot Street Lights Mature Trees Trees-Small (Under 20 Ft)
Water Source Public
Lot Size Acres 9.795
Road Surface Type Asphalt
Road Frontage Type City Street FrontageRd
Number of Lots 2
Horse Amenities None
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* Excluded Features
List By
Indy Crossroads Realty Group

Broker

joebuttlerrealtor@gmail.com

Email

Affordability Calculator

$27,846
Per Month
99%
1%
0%
Monthly Principal & Interest
$27,627
Monthly Property Taxes
$219
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
4045016 Elementary School
4045011 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$4,000,000 Listed Price

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10919 E 56th Street, Indianapolis, IN, 46235 is a Lots and Land for sale at $4,000,000 with a lot size of 9.795. 10919 E 56th Street has 0.0 baths. The property's zip code is 46235 which is in Indianapolis, IN