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ATTENTION INVESTORS! MOTIVATED SELLER!! Don't miss this rare chance to craft a modern masterpiece in one of Indianapolis' most sought-after neighborhoods. Nestled in the highly desirable Cottage Home Historic District-just minutes from downtown-these two contiguous parcels are surrounded by a vibrant community of new builds and beautifully restored homes, making it a hub of growth and revitalization. These ready-to-build lots come fully equipped with approved design plans and permits for a stunning two-story luxury residence featuring 4 bedrooms, 4.5 bathrooms, and a fully finished basement, offering nearly 4,000 sq ft of elegant living space. With IHPC already granting approvals, and the city ready to issue permits, the construction process is streamlined, allowing you to combine the parcels, break ground quickly, and bring your vision to life. Whether you're an investor seeking a high-return project or an owner-occupant ready to design your dream home, this turnkey opportunity delivers both convenience and sophistication. The thoughtfully crafted plans set the stage for a luxury residence that blends timeless style with modern functionality, featuring high-end finishes throughout. With the projected home value exceeding $1 million, this is your chance to build equity and live in style in one of the city's most flourishing areas. Located just moments from downtown, these lots provide easy access to shopping, dining, and entertainment, perfect for those who appreciate a vibrant, active lifestyle. Architectural plans, an appraisal report, and a detailed spec sheet are available for review, offering full transparency for discerning buyers. For those looking to maximize their investment, two additional lots-at 324 S College Ave and 323 S Cincinnati-are available as part of a package deal, each with their own design and approved plans. Seller is willing to offer a 10% discount on both if purchased together, and seller may be open to financing a portion of the sale.
Location | |
Subdivision | Hanna Heirs |
County | Marion |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 22008496
Listing agent:
Peter Stewart
#RB15000083
Listing broker:
Keller Williams Indianapolis Metro North
(317) 846-6300
Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, April 24 2025 at 7:43 p.m. EDT
Kotohomes National
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