3161 N Colorado Avenue
Indianapolis, IN 46218
- – beds
- – baths
- – sqft
- 5,227 sqft lot
Here's your chance to own a 5,227 sq ft vacant lot in the heart of Indianapolis' Martindale-Brightwood neighborhood. Located at 3161 N Colorado Ave, this residential parcel offers a prime opportunity for builders, investors, or anyone looking to create something new in a community on the rise. The lot sits on a quiet street surrounded by established homes and is just minutes from downtown Indianapolis, making it ideal for a custom build or rental property. Enjoy quick access to major highways, public transit, and local amenities. Nearby attractions include the Indianapolis Museum of Art, White River State Park, and the Indianapolis Zoo, offering cultural and recreational options close to home. With a growing demand for housing in the area, this lot presents a smart investment in a neighborhood with strong potential. Whether you're planning to build now or hold for future development, this property offers flexibility and value. Don't miss the opportunity to be part of Martindale-Brightwood's revitalization.
Last checked:
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Last updated Apr 30, 2025
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MLS# 22035776 —
The Building
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New Construction:false
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Development Status:Not Applicable
Location
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Directions:GPS Friendly
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Latitude:39.814309
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Longitude:-86.095143
The Property
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View:true
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Property Type:Land
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Property Subtype:Residential Lots
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Parcel Number:490721134027000101
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Acres:<1/4 Acre
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Lot Size Acres:0.12
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Lot Size SqFt:5,227 Sqft
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Price Per Acre:200000
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Type:Single Lot
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Divisible:No
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Zoning:C2
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Present Zoning:Single Family
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Topography:Not Applic
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Land Characteristics:City
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Horse Amenities:None
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Soil Type:Not Applic
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Road Access:County Rd
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 909-3111
- Office phone:
- (317) 507-0837
Taxes
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Tax Lot:159
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Tax Year:2024
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Semi Annual Property Tax Amt:68
Utilities
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Water:Municipal Water Near By
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Sewer:Municipal Sewer Near
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Robinwood
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Facilities On:Cable,Electric,Gas,Water & Sewer
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Facilities Near:Other
Extra Units
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Other Structures:Not Applicable
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/29/25
Apr 29, 2025
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Listed / Active | MIBOR | $24,000 |
