Land for Sale in 46209, IN

42 homes

Sort:

Recommended

ABOUT THIS HOME
Land for sale in 46209, IN:
Prime opportunity on S Meridian! This vacant lot offers rare residential buildability in a centrally located C-3 zone. Perfect for anyone looking to build near downtown with quick access to Fountain Square, Bates-Hendricks, UIndy, Lucas Oil, and major corridors. Whether you're an investor, builder, or future homeowner, this lot provides excellent flexibility with both residential and commercial potential. Don't miss this versatile development opportunity in the heart of Indianapolis.

$49,000

— beds— baths— sq ft

1417 S Meridian St, Indianapolis, IN 46225

Commercial potential • 5,401 sq ft lot • Listed 3 days

ABOUT THIS HOME
Land for sale in 46209, IN:
Vacant & zoned C-5 lot deep in Fountain Square. Development opportunity or Build-to-suit. Tons of commercial potential given this lot's location, city street frontage, and zoning. Let this be the site for your vision!

$265,000

— beds— baths— sq ft

828 Shelby St, Indianapolis, IN 46203

Zoned c-5 lot • Commercial potential • City street frontage

ABOUT THIS HOME
Land for sale in 46209, IN:
Residential lot in redeveloping neighborhood within walking distance or a short bike ride to everything the Fountain Square commercial area has to offer, as well as Pleasant Run Greenway and the Red Line Rapid Transit. Convenient access to I-65 and I-70, yet nestled several blocks away in a quieter setting.

$39,000

— beds— baths— sq ft

1615 E Minnesota St, Indianapolis, IN 46203

3,833 sq ft lot • Listed 12 days

ABOUT THIS HOME
Land for sale in 46209, IN:
One of three connected properties sold as Commercial Package. Rare find in popular Fountain Square amidst growing retail and new apartment building development. Commercial package sale includes three connected properties: 1) Warehouse/retail/flex space, 2) vacant lot, 3) rental house. The well maintained 11,060sf retail/warehouse/flex space with 27 paved car parking spaces (zoned CS) has had a variety of upgrades. It is currently being used as a brewery and pub. Other features include: Heavy power (400 amp, 3 phase), large water lines, wide column spacing, high ceilings, gas heat, heavy concrete floors, private offices in warehouse/brewery section, eight 12' overhead doors face alley at r

$1,690,000

— beds— baths— sq ft

1310 Shelby St, Indianapolis, IN 46203

Wide column spacing • Large water lines • Heavy power

ABOUT THIS HOME
Land for sale in 46209, IN:
Rare opportunity to purchase a buildable lot in the North Square section of Fountain Square! Lot measures 45' x 97' and has an existing 4-car garage. Enjoy immediate proximity to the best restaurants, shopping and cultural events downtown Indianapolis has to offer. Stop searching for the perfect home and grab the ideal sight to build your dream home today!

$170,000

— beds— baths— sq ft

965 Elm St, Indianapolis, IN 46203

Buildable lot • 4,365 sq ft lot • Listed 86 days

Property at 610 Prospect St, Indianapolis, IN 46203

$74,900

— beds— baths— sq ft

610 Prospect St, Indianapolis, IN 46203

Property at 1033 Hosbrook St, Indianapolis, IN 46203

$350,000

— beds— baths— sq ft

1033 Hosbrook St, Indianapolis, IN 46203

Property at 1305 Hartford St, Indianapolis, IN 46203

$275,000

— beds— baths— sq ft

1305 Hartford St, Indianapolis, IN 46203

Property at 1915 Madison Ave, Indianapolis, IN 46225

$5,000

— beds— baths— sq ft

1915 Madison Ave, Indianapolis, IN 46225

Property at 229 Iowa St, Indianapolis, IN 46225

$38,500

— beds— baths— sq ft

229 Iowa St, Indianapolis, IN 46225

Property at 239 E Caven St, Indianapolis, IN 46225

$24,900

— beds— baths— sq ft

239 E Caven St, Indianapolis, IN 46225

Property at 233 Iowa St, Indianapolis, IN 46225

$38,500

— beds— baths— sq ft

233 Iowa St, Indianapolis, IN 46225

Property at 931 S East St, Indianapolis, IN 46225

$400,000

— beds— baths— sq ft

931 S East St, Indianapolis, IN 46225

Property at 1729 Shelby St, Indianapolis, IN 46203

$99,000

— beds— baths— sq ft

1729 Shelby St, Indianapolis, IN 46203

Property at 225 Iowa St, Indianapolis, IN 46225

$44,900

— beds— baths— sq ft

225 Iowa St, Indianapolis, IN 46225

Property at 1540 Ringgold Ave, Indianapolis, IN 46203

$50,000

— beds— baths— sq ft

1540 Ringgold Ave, Indianapolis, IN 46203

Property at 1622 Draper St, Indianapolis, IN 46203

$45,000

— beds— baths— sq ft

1622 Draper St, Indianapolis, IN 46203

Property at 235 E Caven St, Indianapolis, IN 46225

$24,900

— beds— baths— sq ft

235 E Caven St, Indianapolis, IN 46225

Property at 226 W Wyoming St, Indianapolis, IN 46225

$750,000

— beds— baths— sq ft

226 W Wyoming St, Indianapolis, IN 46225

Property at 909 Wright St, Indianapolis, IN 46203

$49,900

— beds— baths— sq ft

909 Wright St, Indianapolis, IN 46203

Property at 1722 S Delaware St, Indianapolis, IN 46225

$35,000

— beds— baths— sq ft

1722 S Delaware St, Indianapolis, IN 46225

Property at 312 W Morris St, Indianapolis, IN 46225

$440,000

— beds— baths— sq ft

312 W Morris St, Indianapolis, IN 46225

Property at 1830 Shelby St, Indianapolis, IN 46203

$34,000

— beds— baths— sq ft

1830 Shelby St, Indianapolis, IN 46203

Property at 1319 Prospect St, Indianapolis, IN 46203

$250,000

— beds— baths— sq ft

1319 Prospect St, Indianapolis, IN 46203

Property at 1733 Shelby St, Indianapolis, IN 46203

$105,000

— beds— baths— sq ft

1733 Shelby St, Indianapolis, IN 46203

Property at 1814 Shelby St, Indianapolis, IN 46203

$40,000

— beds— baths— sq ft

1814 Shelby St, Indianapolis, IN 46203

Property at 525 S East St, Indianapolis, IN 46225

$425,000

0 beds— baths— sq ft

525 S East St, Indianapolis, IN 46225

Property at 1544 Ringgold Ave, Indianapolis, IN 46203

$50,000

— beds— baths— sq ft

1544 Ringgold Ave, Indianapolis, IN 46203

Property at 139 Hoefgen St, Indianapolis, IN 46225

$55,000

— beds— baths— sq ft

139 Hoefgen St, Indianapolis, IN 46225

Property at 1806 S East St, Indianapolis, IN 46225

$45,000

— beds— baths— sq ft

1806 S East St, Indianapolis, IN 46225

Property at 49 E Arizona St E, Indianapolis, IN 46225

$29,900

— beds— baths— sq ft

49 E Arizona St E, Indianapolis, IN 46225

Property at 1722 Thaddeus St, Indianapolis, IN 46203

$60,000

— beds— baths— sq ft

1722 Thaddeus St, Indianapolis, IN 46203

Property at 1867 New St, Indianapolis, IN 46203

$60,000

— beds— baths— sq ft

1867 New St, Indianapolis, IN 46203

Property at 1447 S East St, Indianapolis, IN 46225

$85,000

— beds— baths— sq ft

1447 S East St, Indianapolis, IN 46225

Property at 2217 Union St, Indianapolis, IN 46225

$60,000

— beds— baths— sq ft

2217 Union St, Indianapolis, IN 46225

Property at 1852 Shelby St, Indianapolis, IN 46203

$39,900

— beds— baths— sq ft

1852 Shelby St, Indianapolis, IN 46203

Property at 1401 S Talbott St, Indianapolis, IN 46225

$60,000

— beds— baths— sq ft

1401 S Talbott St, Indianapolis, IN 46225

Property at 1741 S Meridian St, Indianapolis, IN 46225

$75,000

— beds— baths— sq ft

1741 S Meridian St, Indianapolis, IN 46225

Property at 1459 S Meridian St, Indianapolis, IN 46225

$125,000

0 beds— baths— sq ft

1459 S Meridian St, Indianapolis, IN 46225

Property at 2325 S Meridian St, Indianapolis, IN 46225

$60,000

— beds— baths— sq ft

2325 S Meridian St, Indianapolis, IN 46225

Property at 116 E Raymond St, Indianapolis, IN 46225

$60,000

— beds— baths— sq ft

116 E Raymond St, Indianapolis, IN 46225

Viewing page 1 of 2

Based on information submitted to the MLS GRID as of Fri Nov 28 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Land for Sale in 46209

There are currently 42 land homes for sale in 46209. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 46209 every 15 minutes.

Find your dream home in 46209 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 46209 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 46209. If you're looking to sell your home in the 46209 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 46209 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 46209, IN

Nearby Zip Codes

Cities

Nearby Zip Codes with Land

Nearby Cities with Land

More to explore in 46209, IN

How to buy a house in 46209, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.