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Rare land opportunity in Indianapolis: a 0.39-acre lot at 2915 Villa Ave offering one of the largest, flattest, most buildable parcels you'll find this close to downtown! The existing structure has significant fire, roof, and structural damage and is best suited for demolition rather than renovation, making this a true land play. Much of the lot has already been cleared, and mature trees line the perimeter for natural privacy. With generous frontage and depth, the site may support subdivision into two lots or two separate dwellings, giving investors and builders flexibility for new construction, infill development, or a build-and-hold strategy (buyer to verify zoning, subdivision feasibility, and permitting with the City of Indianapolis). Opportunities to secure this much buildable land within city limits are increasingly hard to find. Property is sold strictly as-is. Do not enter the structure, as it is unsafe; walk the lot only. Bring your vision and your builder.
Property Type(s):
Single Family
| Last Updated | 10/17/2026 | Tract | Somerset |
|---|---|---|---|
| Year Built | 1937 | Community | 4910 - Marion - Center |
| County | Marion |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | None |
| AREA | 4910 - Marion - Center |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Vinyl Siding |
| HEAT | None |
| LOT | 0.39 acre(s) |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Somerset |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with eXp Realty, LLC
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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