Midland Realty Group presents a ~2.62 acre plot in bustling Indianapolis, primed for development with a D3 zoning! Investment highlights: - ~ 2.62 acres of prime land - Growing, busy area with lots of nearby development - Zoned D3 - perfect for apartments! - Revitalized locale with expanding tax base
Vacant landProperty Type
2.62 acresLot Size
$114,122Price/Acres
Listed by Jhirmal Singh• Midland Realty Group, Inc.
Looking for land to build ? Check out this parcel offers 2.62 acres of mowed land. Convenient to interstate and downtown too. Asphalt approach on property.
MIBOR as Distributed by MLS Grid #21616939
Aug 1, 2019
Listing Removed
—
May 31, 2019
Price Changed
$500,000
Feb 2, 2019
Listed
$750,000
MIBOR as Distributed by MLS Grid #21363957
Feb 1, 2019
Listing Removed
—
Jan 31, 2019
Relisted
—
Jan 25, 2019
Listing Removed
—
Jul 7, 2015
Listed
$745,000
MIBOR as Distributed by MLS Grid #21336416
Jul 1, 2015
Listing Removed
—
Feb 15, 2015
Listed
$749,900
MIBOR as Distributed by MLS Grid #21326521
Feb 13, 2015
Listing Removed
—
Nov 26, 2014
Listed
$749,900
MIBOR as Distributed by MLS Grid #2662172
Sep 22, 2007
Listing Removed
—
Sep 26, 2006
Listed
$849,999
MIBOR as Distributed by MLS Grid #2559678
Sep 25, 2006
Listing Removed
—
Sep 26, 2005
Listed
$1,300,000
Year
Property tax
Land + Additions
Assessment*
2025
$310 (−1.1%)
$12,300
2024
$313 (−8.9%)
$12,300
2023
$344 (−0.3%)
$12,300
2022
$345 (−30.7%)
$12,300
2021
$497 (+0.4%)
$12,300
2020
$495 (−17.0%)
$12,300
2019
$596 (−0.4%)
$12,300
2018
$599 (+0.5%)
$15,700
2017
$596 (−0.5%)
$15,700
2016
$599 (+24.3%)
$15,700
2015
$482 (+4.6%)
$15,700
2014
$461 (−7.2%)
$15,700
2013
$497
$15,700
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2.62 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Marion County
APN
491401111001000500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D3
METRO
Dwelling District Three
The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.
Install a temporary electrical service for a construction trailer.
Electrical
Jul 1, 1998 • Active
Structural permit-1-2 family-miscellaneous
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46227
Average low and high temperatures (°F)
32
17
42
25
61
39
68
47
72
53
83
65
88
71
83
64
81
59
70
48
54
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 300 E Thompson Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $198,000 and $307,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $198K to $308K.