OFF MARKET

Off Market Nov 2020 for $115K

—

Studio

•

— ba

•

—

sq ft

720 Raceway Rd, Indianapolis, IN 46234

About this home

Land, Commercial LandProperty Type

4 sq ftLot Size

Listed by Edward James • RE/MAX Centerstone

Listed by Dan Weathers • RE/MAX Centerstone

Contact: edjames84@gmail.com

Bought with Michael Price • RE/MAX Centerstone

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21583667

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 46234, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

+0.2% MoM

Median sale price

$305K

$15K MoM

Avg. days on market

10d

2 days MoM

Recently sold homes

102

10 MoM

New listings for sale

FOR SALE BY OWNER
$30,000
3 beds2 baths924 sq ft
2246 Oxford Dr, Indianapolis, IN 46234
$265,000
2 beds2 baths1,435 sq ft
10830 Pine Valley Path, Indianapolis, IN 46234
$364,900
3 beds2 baths1,824 sq ft
2536 Tansel Rd, Indianapolis, IN 46234
3D WALKTHROUGH
$329,500
4 beds2.5 baths2,238 sq ft
523 Verwood Ct, Indianapolis, IN 46234
$245,000
3 beds2 baths1,600 sq ft
1302 Butternut Ln, Indianapolis, IN 46234
$235,000
3 beds2 baths1,066 sq ft
8559 Country Club Blvd, Indianapolis, IN 46234
$414,900
4 beds4 baths3,686 sq ft
5854 Skyward Ln, Indianapolis, IN 46234
$290,000
4 beds2.5 baths2,288 sq ft
8540 Chapel Gln, Indianapolis, IN 46234
LISTED BY REDFIN
$525,000
3 beds2.5 baths2,666 sq ft
10767 Shiloh Wood Ct, Indianapolis, IN 46234
$330,000
4 beds2.5 baths2,502 sq ft
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See all

Provided by Redfin

Sale history for 720 Raceway Rd

Year

Property tax

Land + Additions

Assessment*

2025

$869 (−1.4%)

$34,200 + $4,400

$38,600

2024

$881 (−23.9%)

$34,200 + $4,400

$38,600

2023

$1,157 (−53.6%)

$44,300 + $4,400

$48,700

2022

$2,494 (+105.3%)

$31,400 + $4,400

$35,800

2021

$1,215 (−0.6%)

$44,300 + $3,500

$47,800

2020

$1,221 (+8.5%)

$44,800 + $2,400

$47,200

2019

$1,126 (−7.9%)

$44,800 + $2,400

$47,200

2018

$1,223 (+14.6%)

$40,400 + $3,100

$43,500

2017

$1,067 (+2.9%)

$39,200 + $3,300

$42,500

2016

$1,037 (+7.8%)

$39,300

2015

$962 (−5.3%)

$39,300

2014

$1,016

$37,300

Tax history for 720 Raceway Rd

Year

Property tax

Land + Additions

Assessment*

2025

$869 (−1.4%)

$34,200 + $4,400

$38,600

2024

$881 (−23.9%)

$34,200 + $4,400

$38,600

2023

$1,157 (−53.6%)

$44,300 + $4,400

$48,700

2022

$2,494 (+105.3%)

$31,400 + $4,400

$35,800

2021

$1,215 (−0.6%)

$44,300 + $3,500

$47,800

2020

$1,221 (+8.5%)

$44,800 + $2,400

$47,200

2019

$1,126 (−7.9%)

$44,800 + $2,400

$47,200

2018

$1,223 (+14.6%)

$40,400 + $3,100

$43,500

2017

$1,067 (+2.9%)

$39,200 + $3,300

$42,500

2016

$1,037 (+7.8%)

$39,300

2015

$962 (−5.3%)

$39,300

2014

$1,016

$37,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

4.97 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Hendricks County

APN

320905200036000022

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 3, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

General Business District

The purpose of the General Business GB District is to encourage well-planned commercial uses retail, service, office, personal and professional services on visually prominent and high use corridors to meet the needs of a community market area. These developments should provide unified design, safe ingress and egress, adequate and properly located parking and service facilities and convenient and safe pedestrian accessibility.

Zone overlays

Airspace Secondary Zoning District

Permitted uses

Include but are not limited to:

Automotive sales
Gas station
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Healthcare
Housing-Senior
Self-Storage / mini-Storage
Hotel / motel
Medical office

Property details

Interior

Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0

Exterior

Property Information
Development Status: Plat Designed
Property Type: Land
Other Structures: Not Applicable
Property Sub Type: Commercial Land
Zoning: GB-storage

Land Information
Possible Use: See Remarks
Topography: Not Applic
Acres: 3-5 Acres
Land Characteristics: See Remarks

Lot Information
Facilities On: Not Applicable
Facilities Near: Electric
Divisible: No
Number Of Lots: 1
Lot Size Acres: 4.97
Road Surface Type: NotApplic
Road Frontage Type: FrontageRd, City Street
Present Zoning: See Remarks

Utilities

Utility Information
Sewer: Septic Needed
Water Information: Not Applic
Solid Waste Information: No

Location

School Information
High School District: Avon Community School Corp

Location Information
Directions: US 36 (ROCKVILLE RD) TO RACEWAY RD GO NORTH TO PROPERTY ON LEFT
Tax Legal Description: Pt Ne1/4 5-15-2e 4.97ac

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 4.97 acres
Style: Other
Year Built: —
Year Renovated: —
County: Hendricks County
APN: 320905200036000022

Home facts updated by county records on Aug 3, 2026

Other

Listing Information
Attribution Contact: edjames84@gmail.com

Around this home

Schools

Maple Elementary School

Public K-4 • Assigned • 3.6mi

7/10

Avon Middle School North

Public 7-8 • Assigned • 2.7mi

10/10

Avon High School

Public 9-12 • Assigned • 3.7mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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New listings for sale in 46234

FOR SALE BY OWNER

$30,000

3 beds2 baths924 sq ft

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$265,000

2 beds2 baths1,435 sq ft

10830 Pine Valley Path, Indianapolis, IN 46234

$364,900

3 beds2 baths1,824 sq ft

2536 Tansel Rd, Indianapolis, IN 46234

3D WALKTHROUGH

$329,500

4 beds2.5 baths2,238 sq ft

523 Verwood Ct, Indianapolis, IN 46234

$245,000

3 beds2 baths1,600 sq ft

1302 Butternut Ln, Indianapolis, IN 46234

$235,000

3 beds2 baths1,066 sq ft

8559 Country Club Blvd, Indianapolis, IN 46234

$414,900

4 beds4 baths3,686 sq ft

5854 Skyward Ln, Indianapolis, IN 46234

$290,000

4 beds2.5 baths2,288 sq ft

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LISTED BY REDFIN3D WALKTHROUGH

$525,000

3 beds2.5 baths2,666 sq ft

10767 Shiloh Wood Ct, Indianapolis, IN 46234

Home values near 720 Raceway Rd

Data from public records.

Address	Redfin Estimate
768 N Raceway Road, Indianapolis, IN 4 Beds \| 2 Baths \| 1662 Sq. Ft.	$303,012
756 N Raceway Road, Indianapolis, IN 2 Beds \| 1 Baths \| 1503 Sq. Ft.	$234,879

Address	Redfin Estimate
698 N Raceway Road, Indianapolis, IN 2 Beds \| 1 Baths \| 1140 Sq. Ft.	$252,780
868 N Raceway Road, Indianapolis, IN 2 Beds \| 2 Baths \| 2551 Sq. Ft.	$674,934

Address	Redfin Estimate
784 N Raceway Road, Indianapolis, IN 4 Beds \| 2 Baths \| 1584 Sq. Ft.	$289,872
10716 Rolling Springs Drive, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2285 Sq. Ft.	$445,123

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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