Description

Rare opportunity to build in the highly sought-after Butler-Tarkington neighborhood! This vacant corner lot on 40th Street, directly adjacent to 3949 Rookwood Avenue, offers a fantastic setting for new construction just minutes from Butler University, Newfields, and the Canal Towpath. Nestled in a vibrant, walkable area filled with charm and redevelopment, the lot is ideally located for homeowners or investors looking to build in a well-established community. Surrounded by mature trees and historic homes, it offers both privacy and access to some of Indianapolis’s most beloved amenities. The vacant lot is available separately for $50,000, or it can be purchased as a package with the home and lot at 3947-3949 Rookwood Avenue. This is a rare chance to own two parcels side-by-side, giving you flexibility for expansion, a second build, or a spacious yard or garden. Build your vision in one of Indy’s most desirable areas!