- $29,500
- 0.11 Acre
Lots & Land For Sale in 46206, IN | Page 2
164 Homes
46206, IN Homes for Sale
Build your dream home in one of downtown Indianapolis most desirable neighborhoods. This prime buildable lot creates opportunity for you to build your dream home or your next investment property. With new construction, and continued growth throughout the area, this is a rare chance to secure a homesite in a location that perfectly blends urban convenience with neighborhood charm.
- $60,000
- 0.05 Acre
$5K
46206, IN Homes for Sale
Prime Downtown Buildable Lot- Endless Possibilities! An exceptional opportunity to build in one of downtowns most exciting and rapidly growing neighborhoods. Enjoy the convenience of being just minutes from downtown dining, local breweries, entertainment, parks, hospitals, and major highways.
- $37,500
- 0.09 Acre
$2.5K
46206, IN Homes for Sale
Enjoy an unbeatable location with quick access to downtown Indy, vibrant restaurants, coffee, shops, sports venues, and cultural attractions. Build your dream home or your first investment property. This property provides the flexibility to make it completely your own.
- $37,500
- 0.11 Acre
$2.5K
46206, IN Homes for Sale
Build now or invest for the future-vacant lots in desirable downtown locations are becoming harder to find. Discover the potential of this ideally located property. Build your dream home or your next investment property!
- $37,500
- 0.12 Acre
$2.5K
46206, IN Homes for Sale
A rare opportunity to purchase two side-by-side residential lots in Indianapolis' Stringtown neighborhood! Buy one or purchase both to create a larger homesite or maximize your investment potential. Conveniently located near downtown, I-70, shopping, walkable to zoo, parks, schools, and local dining. Close to Dow Elanco these lots offer endless possibilities for builders, investors, or anyone looking to build a custom home. A New mid-rise apartment development just approved for Stringtown area. Address of second lot is 1932 W New York St (BLC #22113636).
- $60,000
- 0.12 Acre
46206, IN Homes for Sale
Prime opportunity in Indianapolis! This vacant lot in the growing Stringtown area is ideal for investors, builders, or anyone looking to create their next project. Conveniently located just minutes from downtown Indianapolis, major interstates, Dow Elanco's new global headquarters, and within walking distance of the Indianapolis Zoo, White River State Park, and nearby dining and entertainment. Whether you're planning a custom home or an investment property, this lot offers outstanding potential in a location that continues to see exciting growth and redevelopment. Buyer to verify intended use, zoning, and utility availability. *New mid rise apartment development just approved in the area.
- $60,000
- 0.12 Acre
46206, IN Homes for Sale
Minutes from downtown, in one of Indy's strongest redeveloping neighborhoods, this lot is perfectly located and ready for its developer's investment vision! It's ready to go, boasts significant investments in the immediate area, and an IndyGo transit stop steps away, for endless future financial growth opportunity!!
- $59,900
- 0.11 Acre
46206, IN Homes for Sale
Surrounded by completed and currently underway developments, this perfectly located lot, at Keystone Ave and Washington St, is ready for its developer's investment vision! It's ready to go, boasts the significant investments around it, with multiple brand new short-term rentals, single family housing, and an IndyGo transit stop steps away, for endless future financial growth opportunity!!
- $59,900
- 0.1 Acre
46206, IN Homes for Sale
Paved parking lot near the corner of 22nd and Talbott St. C-3 commercial zoning.
- $90,000
- 0.11 Acre
46206, IN Homes for Sale
Nice lot located in popular Herron Morton. Easy access to everything including the New Red Line.
- $165,000
- 0.11 Acre
46206, IN Homes for Sale
Double lot at a busy intersection.
- $80,000
- 0.26 Acre
46206, IN Homes for Sale
Come and experience the magic of one of Indy's most popular emerging neighborhoods: Windsor Park. Mature trees, green space and a winding creek have long defined this neighborhood, and this nearly quarter of an acre lot boasts all three. A quick walk to the Factory Arts District's many amenities including dining, shopping,and dozens of art galleries. A hop skip and jump to Spades Park Library and Park, home to the incredible Feast of Lanterns in August. Access the Pogues' Run Trail, Cultural Trail and Monon Trails in minutes. Half a mile to the east end of Mass Ave. Well-maintained brick sidewalks lend charm and historic character. Seller is willing to provide staked survey.
- $225,000
- 0.21 Acre
46206, IN Homes for Sale
Wooded city lot with creek and trees.
- $5,000
- 0.16 Acre
$4.9K
46206, IN Homes for Sale
Kennedy King Buildable Lot - Prime Downtown Opportunity Build your dream home in the heart of the sought-after Kennedy King neighborhood. This buildable lot is ideally situated between two updated and newer-construction homes, offering an excellent setting for your custom residence. Enjoy a vibrant urban lifestyle just minutes from MLK Park, the Landmark for Peace Memorial and Trails, Kroger, the Monon Trail, Center for Inquiry School #27, and an array of popular restaurants, coffee shops, bars, and the Bottleworks District.
- $155,000
- 0.12 Acre
46206, IN Homes for Sale
Seize the opportunity to build your dream home or business in a location that offers both charm and convenience! Situated just minutes from downtown, this property is perfectly positioned within walking distance to the vibrant E 16th St corridor. Enjoy local favorites like Greek's Pizzeria, Provider Cafe, Solely Wine, and easy access to COhatch, The Oaks Academy, O'Bannon Park, and the Monon Trail, which leads straight to Mass Ave in mere minutes! The location boasts easy access to major thoroughfares such as N College Ave, N Meridian St, and interstates I-65 & I-70, ensuring seamless connectivity throughout the city. Be part of the exciting growth with two new mixed-use developments, Millside Townhomes & Westmont Apartments, just a stone's throw away. Zoned C-5, this property offers unmatched potential with prime visibility and frontage on E 16th St, making it ideal for a brewery, distillery, restaurant, or any retail venture. With excellent outdoor seating options, the possibilities for this space are truly endless. Opportunities in this sought-after area are becoming increasingly rare, so don't miss out on securing your spot in this thriving community!
- $125,000
- 0.08 Acre
46206, IN Homes for Sale
Don't miss this excellent investment or building opportunity in the booming Windsor Park pockets of the Near East Side! This spacious vacant lot is situated in a neighborhood defined by its rich history and fresh modern energy. You will love the close proximity to downtown Indy, local breweries, parks, Circle Center Complex, Bottleworks, Kan Kan, Amelia's bakery and easy highway access. A perfect canvas for investors looking for their next project or anyone wanting to plant roots in an active, community-driven neighborhood. (Two other lots available). Welcome home to 2310 Coyner Ave!
- $65,000
- 0.19 Acre
$5.1K
46206, IN Homes for Sale
Fantastic opportunity to build in Fountain Square! Located on a block that has numerous new builds and renovations, this is a great location that cannot be beat. The vacant lot is a short walk to all the liveliness in one of Indy's liveliest, downtown cultural centers. Plenty of local shops and unique restaurants to enjoy. Great for investors or to build your personal home. Welcome home to 1138 S. Randolph and Fountain Square!
- $89,000
- 0.1 Acre
46206, IN Homes for Sale
Build your vision in one of Indianapolis' most vibrant and rapidly growing neighborhoods! This cleared and level residential lot in Fountain Square offers a rare opportunity to construct a new home in an area known for its strong property values, ongoing redevelopment, and convenient access to downtown Indianapolis. Located on a city street with municipal water, sewer, gas, and electric service nearby, this lot provides an excellent foundation for a custom residence, investment property, or speculative build. Whether you're a builder looking for your next project or a buyer dreaming of creating a home tailored to your lifestyle, the possibilities are endless. Enjoy being just minutes from Fountain Square's popular restaurants, entertainment venues, local shops, parks, and downtown employment centers. New construction opportunities in established urban neighborhoods continue to be in high demand, making this an attractive option for both investors and owner-occupants. Don't miss the chance to secure a buildable lot in one of Indianapolis' most sought-after neighborhoods. Bring your plans and start building your future today!
- $95,000
- 0.08 Acre
$5K
46206, IN Homes for Sale
It's all about location when it comes to building a new home and, this turnkey lot just minutes from downtown Indianapolis and two blocks from the Monon Trail, is perfectly situated and ready for your vision to come alive. Enjoy the Monon Trail and walk to parks, coffee shops, restaurants, microbreweries & enjoy urban living! The following have been approved/completed: variance for setbacks (no fire exit set back facing 20th St.), survey, zoning, water & sewer lines, and water pit & meter. There is a recorded sewer easement for 2005 Columbia Ave next door, running to the sewer line along 20th St. (runs between locations for a detached garage and a house). Power is available from a line running along 20th St. Zoned D-8 and can accommodate a carriage house. Seller has 2-story, single-family home designs that Seller is willing to provide at no cost. Selling "As-Is Where-Is". Information about lots is provided only to assist the Buyer in conducting Buyer's own separate due diligence, investigation and inspections. Information from Seller is believed to be accurate but not reliable.
- $97,000
- 0.1 Acre
$3K
46206, IN Homes for Sale
It's all about location when it comes to building a new home and, this turnkey lot just minutes from downtown Indianapolis and two blocks from the Monon Trail, is perfectly situated and ready for your vision to come alive. Enjoy the Monon Trail and walk to parks, coffee shops, restaurants, microbreweries & enjoy urban living! The following have been approved/completed: variance for setbacks, variance for shared sewer line with 2007 Columbia Ave, survey, zoning, water & sewer lines, and water pit & meter. Power is available from "new" pedestal on alley. Zoned D-8 and can accommodate a carriage house. Seller has 2-story, single-family home designs that Seller is willing to provide at no cost. Selling "As-Is Where-Is". Information about lots is provided only to assist the Buyer in conducting Buyer's own separate due diligence, investigation and inspections. Information from Seller is believed to be accurate but not reliable.
- $97,000
- 0.1 Acre
$3K
46206, IN Homes for Sale
LAND + NEW GARAGE! It's all about location when it comes to building a new home and, this turnkey lot just minutes from downtown Indianapolis and two blocks from the Monon Trail, is perfectly situated and ready for your vision to come alive. Enjoy the Monon Trail and walk to parks, coffee shops, restaurants, microbreweries & enjoy urban living! The following have been approved/completed: variance for setbacks, variance for shared sewer line with 2011 Columbia Ave, survey, zoning, water & sewer lines, and water pit & meter. Power is available from "new" pedestal on alley. Zoned D-8 and 2-car garage is already built on property. Seller has 2-story, single-family home designs that Seller is willing to provide at no cost. Selling "As-Is Where-Is". Information about lots is provided only to assist the Buyer in conducting Buyer's own separate due diligence, investigation and inspections. Information from Seller is believed to be accurate but not reliable.
- $127,000
- 0.1 Acre
$3K
46206, IN Homes for Sale
Residential vacant lot on the Near Southeast Side. Located a short distance from Fountain Square area, and Downtown Indianapolis. The parcel's approximate size is 43' x 140' lot, 6,020 sq ft suitable for new construction. Public utilities are available water, sewer, gas, and electric.
- $32,900
- 0.14 Acre
46206, IN Homes for Sale
Construct your dream home on this vacant lot located in sought-after, historic Bates-Hendricks neighborhood within walking distance to local eateries, shops, parks, and trails. Building Plans available with acceptable offer. Lot dimensions 34 ft x 137 ft.
- $60,000
- 0.11 Acre
46206, IN Homes for Sale
Great lot on MKLK close to everything: hospital, highways, downtown Indy, parks, museums, higher education. And in an area where new building is occurring. Hoping to sell in a package of three, with 2315 Dr Martin Luther King Jr Street, and 311 W 26th Street.
- $45,000
- 0.21 Acre
$3.5K
46206, IN Homes for Sale
Great lot on MKLK close to everything: hospital, highways, downtown Indy, parks, museums, higher education. And in an area where new building is occurring. Hoping to sell in a package of three, with 2259 Dr Martin Luther King Jr Street, and 2315 Dr Martin Luther King Jr Street.
- $20,000
- 0.12 Acre
$5K
46206, IN Homes for Sale
Great end lot in historic North Square, west side of Fountain Square, with fantastic views of the city skyline! Would be a great addition to the adjoining home and property at 917 Lexington Ave. Triangle in shape, is 54' wide and 97' deep, with street and alley access.
- $120,000
- 0.07 Acre
46206, IN Homes for Sale
The best price per acre for all lots in or near Fountain Square! Rare opportunity to own a buildable lot in the heart of Fountain Square! Lot dimensions are 30x125. Stake survey and approved floorplans on hand. Build your dream home or buy as an investment opportunity!
- $94,000
- 0.17 Acre
$1K
46206, IN Homes for Sale
In the center of development of downtown Indianapolis, this lot has already had much of the cleaning complete. APN: 491006101002000101 4,791.6 sqft Lot Size Mixed Use One District Zoning 33 x 145 ft
- $43,000
- 0.11 Acre
46206, IN Homes for Sale
Great opportunity to build in a rapidly developing area near downtown Indianapolis! Surrounded by new construction and ongoing redevelopment, this lot offers excellent potential for builders, investors, or future homeowners. Conveniently located near dining, entertainment, and major highways.
- $55,000
- 0.11 Acre
$4K
46206, IN Homes for Sale
Don't miss this residential corner lot located on the southeast side, just minutes from Downtown Indianapolis and Fountain Square. With gas, water, electric, and sewer utilities nearby, this site offers a convenient head start for your next project. Whether you're ready to build your dream home or looking for your next investment opportunity, bring your favorite builder and make your vision a reality on this well-positioned lot.
- $85,000
- 0.43 Acre
46206, IN Homes for Sale
APN: 491019117339000101 47,91.6 sqft Lot Size D5 Zoning 35 x 136 ft
- $23,000
- 0.11 Acre
46206, IN Homes for Sale
30 x 100 residential lot in Bates Hendricks. In an area with expensive newer homes. View of downtown Indy. Close to Fountain Square and Indy Nightlife
- $68,000
- 0.07 Acre
$1K
- $50,000
- 0.14 Acre
$10K
46206, IN Homes for Sale
A piece of land that you won't find everyday. Great location for business or living
- $28,699
- 0.11 Acre
$1K
46206, IN Homes for Sale
MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS, .20+/- acre, 5 legal conforming D-8 parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. No drainage permit or on-site detention required. Next step, building permits. Sale includes plans and renderings of proposed townhomes. The location is one of the highest points in the City, making the planned rooftop decks an especially attractive feature with a view to the downtown skyline. Rights to all construction documents necessary to permit and develop the project are included in the sale. The Seller is offering to assist with the transfer of information in order to effect a smooth transition for the Buyer. Knowing the time and work that goes into putting a plan in place, the right builder has a real opportunity to seize the moment and build a carefully designed project, starting NOW!
- $299,000
- 0.19 Acre
$16K
46206, IN Homes for Sale
Prime development opportunity in the heart of Fountain Square! Located at 828 Shelby Street, this 0.14-acre (5,876 sq ft) corner lot offers outstanding visibility and flexibility in one of Indianapolis' most vibrant and rapidly growing districts. Zoned for commercial C-5 use, this property presents a wide range of possibilities-from retail or office space to a mixed-use development featuring street-level storefronts with residential condos or apartments above. The corner positioning enhances accessibility and exposure, making it ideal for a standout project. All utilities are available, and the lot is build-ready, allowing you to move forward with your vision without delay. Just steps away from popular restaurants, local shops, and nightlife, this location delivers the energy and walkability that define the Fountain Square lifestyle. Opportunities like this are increasingly rare-secure your place in one of Indianapolis' most dynamic corridors and bring your development plans to life.
- $265,000
- 0.13 Acre
46206, IN Homes for Sale
40 x 130 lot for sale.
- $35,000
- 0.12 Acre
46206, IN Homes for Sale
25 x 135 lot for sale.
- $30,000
- 0.11 Acre
46206, IN Homes for Sale
Vacant lot opportunity in 46203. Located near downtown Indianapolis and surrounded by ongoing growth in nearby southside corridors, this parcel offers potential for an investor, builder, or buyer with vision. Great opportunity to secure land in an area with continued redevelopment and new investment. Buyer to verify zoning, utilities, setbacks, and permitted use.
- $32,000
- 0.09 Acre
46206, IN Homes for Sale
Great opportunity to secure land in an emerging area offering excellent potential for development.
- $23,000
- 0.07 Acre
46206, IN Homes for Sale
Vacant lot located within city limits
- $20,000
- 0.12 Acre
46206, IN Homes for Sale
Vacant lot in a prime Old Southside location just minutes from Downtown Indianapolis, Lucas Oil Stadium, and Gainbridge Fieldhouse. This flat infill lot offers an excellent opportunity for builders or investors looking to develop in a rapidly growing area. Zoned D5 with dimensions of 30' x 140' and convenient alley access, providing flexibility for new construction. Ideal for a single-family home or investment project.
- $40,000
- 0.1 Acre
$10K
46206, IN Homes for Sale
Great opportunity to build on this 30x140 lot near the Monon Trail, Provider Coffee House, and Solely Winery! Lots of construction in the area.
- $71,000
- 0.1 Acre
46206, IN Homes for Sale
Vacant lot currently zoned C1 which affords many different uses.
- $95,000
- 0.26 Acre
$4.9K
46206, IN Homes for Sale
Vacant lot located in an area experiencing continued investment and neighborhood revitalization. Surrounded by a mix of new construction and renovated properties, this parcel presents a great opportunity for builders, investors, or buyers looking to develop in a growing part of the city. Conveniently located with easy access to downtown Indianapolis, major roadways, and neighborhood amenities. Buyer to verify zoning and permitted uses.
- $69,900
- 0.09 Acre
$5.1K
46206, IN Homes for Sale
Discover the perfect opportunity to create your own custom home on this buildable, flat, 0.11-acre lot (38' x 130') located in the desirable Windsor Park neighborhood. Enjoy the convenience of nearby outdoor recreation, walking and biking paths, and easy access to the Garage Food Hall & Mass Ave. This spacious lot offers endless potential; whether you envision a modern retreat or a classic family home, the possibilities are yours to design. Don't miss this opportunity to build on a quiet street just minutes from downtown!
- $99,000
- 0.11 Acre
46206, IN Homes for Sale
Buildable lot in a revitalized neighborhood close to downtown. Located on E Michigan St, this lot offers easy access to downtown, just a 5 minute drive. Water, sewer, and electric are already ran onto the property. Come discover this perfect lot for your dream home!
- $35,000
- 0.06 Acre
$10K
46206, IN Homes for Sale
Exceptional opportunity to own a large vacant lot in Indianapolis, IN, offering endless potential for development or investment. Whether you are a builder looking for your next project, an investor seeking long-term land appreciation, or a homeowner ready to design a custom residence, this property provides the space and flexibility to bring your vision to life. With generous lot dimensions, this parcel allows for a variety of residential possibilities (buyer to verify zoning and permitted uses). Utilities are available nearby, and the property offers convenient access to major roadways, downtown Indianapolis, schools, parks, and local amenities. Secure land today and capitalize on the opportunity to build in one of Indianapolis' expanding corridors. Don't miss this chance to invest in land with space, location, and potential. Gas, municipal water, and wastewater are available for connection.
- $59,000
- 0.3 Acre
46206, IN Homes for Sale
Prime opportunity in the heart of Indianapolis! This residential lot offers an excellent opportunity for builders, investors, or buyers looking to construct a custom home in an established neighborhood. Conveniently located near downtown Indianapolis, Fountain Square, and major highways, this property provides easy access to dining, shopping, schools, and employment centers. The lot offers great potential for new construction with utilities available nearby (buyer to verify). Surrounded by ongoing development and revitalization, this area continues to see strong growth and demand. Whether you are planning a primary residence, a rental investment, or a spec build, this is a strategic location with long-term upside. Don't miss the chance to secure land in a rapidly developing corridor of Indianapolis!
- $39,000
- 0.13 Acre
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Frequently Asked Questions about 46206, IN
It is expensive to live in 46206. Buying a home in 46206 is 1% more expensive compared with the national average.
The best and safest neighborhoods to live in 46206 in November 2026 are The Hawthorns, Crooked Stick Estates, Bridlebourne, Lake Stonebridge, Gray Eagle, Bridgewater Club, Thorpe Creek, Plum Creek, Brookshire, Brookshire Village, Saxony, River Glen, Walden Pond, Centennial, Admirals Landing, Geist Woods, The Orchards at Sunblest, Wildwood Estates, The Retreat Condominiums, Hunters Glen
In November 2026, 46206 homes were listed to buy for a median price of $475K, with 25% down you would need $2.6K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $89.2K.