5740 S Emerson Avenue Indianapolis, IN $ 479,000
5740 S Emerson Avenue
$ 479,000
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5740 S Emerson Avenue

Indianapolis, IN, 46237
$ 479,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,308

5740 S Emerson Avenue, Indianapolis, IN 46237 - Image 1
5740 S Emerson Avenue, Indianapolis, IN 46237 - Image 2
5740 S Emerson Avenue, Indianapolis, IN 46237 - Image 3
5740 S Emerson Avenue, Indianapolis, IN 46237 - Image 4
5740 S Emerson Avenue, Indianapolis, IN 46237 - Image 5
5740 S Emerson Avenue, Indianapolis, IN 46237 - Image 6

Lots and Land for sale in Indianapolis, IN

for $479,000. The lot size is 1.8.

Outstanding Development Opportunity - SELLER FINANCING -Available to qualified purchasers, with appropriate down payment and payoff schedules. Position your next office project on one of South Indianapolis' most active commercial corridors - One of the few shovel-ready office development sites remaining on South Emerson Avenue. 5740 S Emerson Ave offers 1.80 acres zoned C-1 (Office) with 199 feet of frontage and full curb cut providing full-in/full-out access-a rare combination of visibility and easy site circulation for virtually any office concept (medical, professional, service office, or owner-user). This site delivers an enormous head start on development: an existing stormwater drainage system with Aqua-Swirl unit and detention pond is already in place, sized for full buildout-a major time and cost advantage that can streamline civil design and accelerate your schedule. RECENT AREA DEVELOPMENT - Surrounding investment continues to elevate the appeal of this corridor with new retail development at Emerson & Thompson including new Wawa, Chick-fil-A, and Crew Carwash, as well as a recently added Kroger, VASA Fitness and Dutch Bros Coffee. Additionally, a proposed apartment development immediately south adds future demand from a growing residential base-ideal for professional services and office users. With 38,000+ vehicles per day and nearly immediate access to I-465 and I-65, this location checks all the boxes developers and end-users want: clean site, strong traffic, strong growth, and reduced upfront infrastructure cost.

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Lots and Land Active

Price

$ 479,000

Property Type

Lots and Land

Taxes

$ 6,750

Style

Unimproved Land

Lot Size

1.8

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22085663

Features
General
Sewer Public Sewer
Possession Closing
Development Status Rough Grade
Zoning C -1
Topography Level
Township Perry
Property Subtype Unimproved Land
Tax Year 2025
County Marion
New Construction N
Property Type Land
Subdivision Name No Subdivision
Other Structures Not Applicable
Status Active
Directions GPS Friendly
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 78452
Standard Status Active
Tax Lot 49-15-04-132-003.000-500
Legal Description Pt E1/2 Se1/4 S4 T14 R4 Beg 1426.88' S & 55.04' W Of Ne Cor P.O.B. W379.96' S200' E379.96' N200' To Beg 1.801Ac
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Exterior
Lot Size Acres 1.8
Road Surface Type Asphalt
Road Frontage Type City Street
Horse Amenities None
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* Excluded Features
List By
Keller Williams Indy Metro Partners

Broker

michael.huff@kw.com

Email

Affordability Calculator

$3,871
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,308
Monthly Property Taxes
$563
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
4044910 Elementary School
4044906 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/24/2026$479,000 Listed Price

Map


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5740 S Emerson Avenue, Indianapolis, IN, 46237 is a Lots and Land for sale at $479,000 with a lot size of 1.8. 5740 S Emerson Avenue has 0.0 baths. The property's zip code is 46237 which is in Indianapolis, IN