4817 Kollman Road, Indianapolis, IN 46241
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
4817 Kollman Road,Indianapolis, IN 46241
$787,000
- 6.8 Acres
- Lots / Land
- Active
Listed by: cory grass
Office: re/max acclaimed properties
MLS#:22124367
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$787,000
About this home
Prime 6.8-acre development opportunity at 4817 Kollman Road in Indianapolis, Indiana. This property offers an excellent opportunity for builders, developers, and investors looking to create a new residential neighborhood in an established and growing area. The property is currently zoned FARMLAND and includes a single-family residence originally constructed in 1938. The existing home is not considered part of the property's long-term development plan and will need to be removed as part of a future redevelopment project, subject to applicable approvals. With approximately 6.8 acres of land, the property provides substantial space for a potential residential development. A future owner may pursue a zoning change to allow residential development, creating the opportunity to develop a neighborhood that complements the surrounding area. Buyers should conduct their own due diligence regarding zoning, permitted uses, utilities, subdivision requirements, access, density, and all necessary governmental approvals. Location is a major advantage. The property is situated along a newly paved asphalt road and is surrounded by an already established residential area and other residential structures, providing an ideal setting for a neighborhood development. The property is also within walking distance of major area employers, offering convenient access to employment centers for future residents. Adding to its appeal, the property is approximately an eight-minute drive to Indianapolis International Airport, making it particularly attractive for commuters, business travelers, and residents seeking convenient access to one of the region's major transportation hubs. Whether you're a residential developer seeking your next project or an investor looking for land with future redevelopment potential, 4817 Kollman Road presents a rare opportunity to acquire 6.8 acres in an established Indianapolis setting and pursue the creation of a new residential community. Buyer to...
Contact an agent
Home facts
- Subdivision & Development:Decatur Commons
- Listing ID #:22124367
- Added:53 day(s) ago
- Updated:October 27, 2026 at 05:02 PM
Structure and exterior
- Lot area:6.8 Acres
- Lot Features:Level
Schools
- High school:Decatur Central High School
- Middle school:Decatur Middle School
- Elementary school:Valley Mills Elementary School
Utilities
- Water:Municipal Water on Site
Finances and disclosures
- Price:$787,000
New listings near 4817 Kollman Road
- Coming Soon
$309,900Coming Soon2 beds 2 baths1,516 sq. ft.1428 Pleasant Street, Indianapolis, IN 46203
MLS# 22133646Listed by: HOOSIER, REALTORS - Coming Soon
$190,000Coming Soon3 beds 1 baths1,296 sq. ft.1252 Kappes Street, Indianapolis, IN 46221
MLS# 22133562Listed by: SOLD IT REALTY GROUP - Coming Soon
$215,000Coming Soon3 beds 2 baths1,500 sq. ft.2026 Winton Avenue, Indianapolis, IN 46224
MLS# 22133506Listed by: THE STEWART HOME GROUP - Coming Soon
$235,000Coming Soon3 beds 2 baths1,777 sq. ft.31 S Whitcomb Avenue, Indianapolis, IN 46241
MLS# 22133295Listed by: BERKSHIRE HATHAWAY HOME - Coming Soon
$265,000Coming Soon2 beds 2 baths1,244 sq. ft.6046 Bluecrest Drive, Indianapolis, IN 46234
MLS# 22133237Listed by: CARPENTER, REALTORS - Coming Soon
$450,000Coming Soon2 beds 2 baths1,640 sq. ft.4000 N Meridian Street #14J, Indianapolis, IN 46208
MLS# 22131831Listed by: MAYWRIGHT PROPERTY CO. - Coming Soon
$335,000Coming Soon4 beds 3 baths3,039 sq. ft.1517 Amberwoods Court, Indianapolis, IN 46239
MLS# 22133041Listed by: VISIONARY EMPOWERMENT REALTY GROUP - Coming Soon
$384,900Coming Soon3 beds 2 baths1,451 sq. ft.10759 Seaview, Indianapolis, IN 46236
MLS# 22132617Listed by: HIGHGARDEN REAL ESTATE - Coming Soon
$220,000Coming Soon-- beds -- baths9314 E Southeastern Avenue, Indianapolis, IN 46239
MLS# 22130697Listed by: KELLER WILLIAMS INDY METRO PARTNERS - Coming SoonOpen Sat, 12 to 2pm
$315,000Coming Soon3 beds 2 baths1,764 sq. ft.305 N Ridgeview Drive, Indianapolis, IN 46219
MLS# 22131952Listed by: ENVOY REAL ESTATE, LLC