Description

Very good location for building housing. 1 of 4 contiguous lots that can be purchased as a package. Great construction synergism for simultaneously building on a series of adjacent lots. Each is a plotted City lot of about 40’x130′. One block from Meridian Street and the Indy Go’s Red and Purple Lines. 2 blocks from The Children’s Museum in the Mapleton-Fall Creek neighborhood. Immediately behind the Lilly Endowment’s headquarters. These lots are being offered by the local community development corporation (MFCDC). The lots are currently property tax exempt. Full city utilities are immediately available. Two attractive houses to the north of these lots were previously built by MFCDC as part of the Delaware Street Initiative. Previously, this lot and the adjacent 3 lots had homes on them, but the land has been vacant for over a decade. The CDC has a strong preference in selling to a buyer who will develop the lots in a short period of time consistent with the current residential zoning. The CDC is not looking to create a partnership with a buyer/builder, but is willing to be supportive for the right offer.