Survey Complete!!! Prime Development Opportunity with road frontage on Raceway and Tansel Road! Don't miss this unique chance to own a property with valuable street frontage along Raceway Rd-perfect for land developers and visionaries. Property Highlights: Currently zoned DA (3-acre lots per build) Potential rezoning to D1 or DS, allowing for 1/2 to 1-acre lots (per city planner) Currently recommended for Rural or Estate Neighborhood Development under the Marion County Comprehensive Plan (2019 Land Use Plan Pattern Book) Endless Possibilities: Estate Homes, Retail Development, Custom Builds. This is a rare opportunity to bring your vision to life in a high-demand area with flexible potential.Final taxes and legal description tbd. Please schedule property walk through Broker Bay. Do not disturb seller. Pre approval or proof of funds required prior to touring. New address pending per new survey. Due to this, taxes and description do not currently match city information. Taxes tbd on new lot. Buyer to used due diligence in verifying and researching the property can be used for buyers intended purposes.
Vacant landProperty Type
15.15 acresLot Size
$118,812Price/Acres
Listed by Kris Strohmeyer-Lett• BluPrint Real Estate Group
The D-A District holds the agricultural lands of Marion County and provides for a variety of agricultural uses. It is intended to provide for animal and poultry husbandry, farming, cultivation of crops, dairying, pasturage, floriculture, horticulture, viticulture, apiaries, aquaculture, hydroponics, together with necessary, accompanying accessory uses, buildings, or structures for housing, packing, treating, or storing said products; or lands devoted to a soil conservation or forestry management program. A single-family dwelling is intended to be permitted as a part of such agricultural uses. A secondary provision of this District is large estate development of single-family dwellings. This District fulfills the very low density residential classification of the Comprehensive General Land Use Plan. This District does not require public water and sewer facilities.
Zone overlays
Airspace Secondary Zoning District
Metro Context Area
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Research & development
Communications tower
Veterinary clinic
Park & open space
Nov 13, 2012 • Final
Right of way permit-excavation
Install a new water main.
Plumbing
May 7, 2007 • Final
Improvement location permit-1-2 family
Construct a new pole barn for agricultural use.
ADU
Grading
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 100° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46234
Average low and high temperatures (°F)
32
16
42
25
60
39
68
47
72
53
82
65
86
71
81
63
81
58
70
47
53
38
42
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.8 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4080 Tansel Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $547,000 and $750,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $547K to $750K.