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7525 McFarland Boulevard Indianapolis, IN $ 2,499,000
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$ 2,499,000 Get more info
7525 McFarland Boulevard
$ 2,499,000
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Share Save

7525 McFarland Boulevard

Indianapolis, IN, 46237
$ 2,499,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 17,260

7525 McFarland Boulevard, Indianapolis, IN 46237 - Image 1
7525 McFarland Boulevard, Indianapolis, IN 46237 - Image 2

Lots and Land for sale in Indianapolis, IN

for $2,499,000. The lot size is 7.5.

Prime Multifamily Development Opportunity - 128 Units Approved Excellent location just off Emerson Avenue, with approvals in place for 128 apartment units, including a clubhouse and swimming pool. The property consists of approximately 7.5 acres and is zoned D-6II. Ideally located just minutes from Costco, Greenwood, major highways, shopping, dining, and significant new development throughout the surrounding area. Property Highlights: Approved for 128 apartment units Approximately 7.5 acres D-6II zoning Planned clubhouse and pool Approximately 2 minutes from Costco Convenient access to Greenwood and major highways Strong development activity in the surrounding area Open to an outright sale or Joint Venture (JV) Serious and qualified buyers/investors only.

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Lots and Land Active

Price

$ 2,499,000

Property Type

Lots and Land

Taxes

$ 4,580

Style

Unimproved Land

Lot Size

7.5

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22127118
Features
General
Sewer Public Sewer
Possession Closing
Development Status Easements Plat Designed Plat Recorded Surveyed
Zoning Residential multifamily
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 326700
Standard Status Active
Tax Lot 491516117021000500
Legal Description Homestead Senior Living L1
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Exterior
Lot Size Acres 7.5
Road Surface Type Asphalt
Road Frontage Type City Street
Horse Amenities None
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* Excluded Features
List By
Hoosier, Realtors®

Broker

KENYODER@HOOSIER-REALTORS.COM

Email

Affordability Calculator

$17,642
Per Month
98%
2%
0%
Monthly Principal & Interest
$17,260
Monthly Property Taxes
$382
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
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Pricing History
DatePricePrice ChangeDescription
9/19/2026$2,499,000 Listed Price

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7525 McFarland Boulevard, Indianapolis, IN, 46237 is a Lots and Land for sale at $2,499,000 with a lot size of 7.5. 7525 McFarland Boulevard has 0.0 baths. The property's zip code is 46237 which is in Indianapolis, IN

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