Last Sold Price
3506 Bluff Rd, Indianapolis, IN 46217

Description

Nearly 4 Acres, at Hard Corner, just 4 Minutes from Hi-Way,10 minutes from Downtown Indy, Zoned for 46 APARTMENTS OR 60 RETIREMENT UNITS! 10 Minutes from IUPUI and 5 Minutes from University of Indianapolis, this Land is cleared and READY for Multi-Family Development! All Utilities at Site. 1408sf Building on Site, Could be Re-done, Connect to Water and Sewer, and use for a Commercial Office / Suite/ Attorney's Office, etc. Don't Miss this RARE OPPORTUNITY to Own Nearly 4 Acres just 4 Miles from Downtown...Nearly 4 Acres, at Hard Corner, just 4 Minutes from Hi-Way,10 minutes from Downtown Indy, Zoned for 46 APARTMENTS OR 60 RETIREMENT UNITS! 10 Minutes from IUPUI and 5 Minutes from University of Indianapolis, this Land is cleared and READY for Multi-Family Development! All Utilities at Site. 1408sf Building on Site, Could be Re-done, Connect to Water and Sewer, and use for a Commercial Office / Suite/ Attorney's Office, etc. Don't Miss this RARE OPPORTUNITY to Own Nearly 4 Acres just 4 Miles from Downtown Indianapolis, sitting at the Corner of Bluff Rd, and Sumner Ave. See today!
LISTING CLOSED: 08/09/2021 12:00 AM

  1. Listed by Shelly Johnson • Keller Williams Indy Metro S
    P: (317) 883-9125 C: (317) 883-9125 shellyj9125@gmail.com

Property Details for 3506 Bluff Road

Status
MLS #
21607923
Days on Market
776
Taxes
$1,999 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Other
MLS Type
Land / Commercial Land
Year Built
-
Lot Size
3.67 AC / 159,865 SF
Subdivision Name
NO SUBDIVISION
Township
Perry
Zoning
M/U

Recent comparable sales

Median sold price

$220,000

Avg days on market

9

Sale-to-list ratio

95.8%

Indianapolis, IN

9 comparable properties found

$215,000 | 58-60 East Troy Avenue, Indianapolis, IN 46225
1/2
1

$215,000

Sold 05/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.26
Acres
$198,000 | 105 West Gimber Street, Indianapolis, IN 46225
1/11
2

$198,000

Sold 08/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
$25,000 | 775 West Southern Avenue, Indianapolis, IN 46225
1/9
3

$25,000

Sold 05/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.19
Acres
$250,000 | 3903 Bartlett Avenue, Indianapolis, IN 46227
1/21
4

$250,000

Sold 04/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.45
Acres
$227,043 | 2953 South East Street, Indianapolis, IN 46225
1/29
5

$227,043

Sold 10/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.19
Acres
$250,000 | 2536 Madison Avenue, Indianapolis, IN 46225
1/9
6

$250,000

Sold 03/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.2
Acres
$220,000 | 955 East Mills Avenue, Indianapolis, IN 46227
1/13
7

$220,000

Sold 08/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
$277,000 | 2749 South Illinois Street, Indianapolis, IN 46225
1/16
8

$277,000

Sold 04/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.26
Acres
$220,000 | 1105 East Mills Avenue, Indianapolis, IN 46227
1/73
9

$220,000

Sold 09/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.31
Acres

Location

Listing Courtesy of Keller Williams Indy Metro S

Sold By RE/MAX Ability Plus

Add your commute

Building Information for 3506 Bluff Road

Stories-Residences-Year Built-Lot Size3.67 AC / 159,865 SF

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$1,477 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,144

Property Taxes

$333

HOA Dues

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Property Information for 3506 Bluff Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: From Downtown Indianapolis, approx. 4 miles S on West Street, which becomes Bluff Rd. Property on the SW Corner of Bluff and Sumner Ave. Approx. 4 Minutes From 465 and 31, N on 31 to L on Hanna, R on Bluff Rd
  • Intersection: SW CORNER OF BLUFF & SUMNER
  • Driveway Type: Ramp1-3mi
  • Postal Code: 46217
  • Road Access: Frontage Road,CityStreet
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Cleared,Level
Taxes and HOA Information
  • Parcel Number: 491126105012000500
  • Semi Annual Property Tax Amt: 1999
  • Tax Exemption: None
  • Tax Year: 2017
Property
Lot Information
  • Acreage: 3-5 Acres
  • Current Use: See Remarks
  • Gross Acres: 3.6700
  • Land Characteristics: City,Rectangle,See Remarks
  • Lot Number: 49112610
  • Lot Size: 661x220
  • Lot Size Acres: 3.67
  • MLS: MIBOR
  • New Construction: False
  • Number Of Lots: 1
  • Other Structures: See Remarks
  • Possible Use: Apt<20, Apt>20, Residential
  • SqFt Main Upper: 0
  • Sq Ft Total: 0.0
  • Usable Acres: 3.5000
Property and Assessments
  • Affected by Disclosures: 0
  • Development Status: Rough Grade
Utilities
  • Facilities Near: Cable,Gas,Telephone
  • Facilities On: Water & Sewer
  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0
  • Water: Municipal Water on Site
Interior and Exterior Features
Exterior Features
  • Improvements: Street Lights
Interior Features
  • Gas On Site: 1
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Rental
Rental Information
  • Easements Private: 0
  • Easements Public: 1
  • Existing Lease: 0

Property History for 3506 Bluff Road

DateEvent & SourcePriceAppreciation
Aug 9, 2021

Sold

MIBORMLS #21607923

$225,000
Aug 6, 2021

Sold (Public Record)

Public Record #1504973864

$225,000
Jan 17, 2021

Pending

MIBORMLS #21607923

DateEvent & SourcePrice
08/09/2021

Sold

MIBORMLS #21607923

$225,000
08/06/2021

Sold (Public Record)

Public Record #1504973864

$225,000
01/17/2021

Pending

MIBORMLS #21607923

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3506 Bluff Road

Taxable ValueLand$285,900Additions$3,875,400Total$4,161,300
Tax Record2025$105,893 ($8,824 / month)
Home Facts
Baths1.5Total Finished SqFt2,816 SqFtAbove Grade Finished SqFt2,816 SqFtStories3Lot Size159,856 SqFtStyleMulti-Family Res (5+ Units)Year Built2022Year Renovated2023ZoningZO01CountyMARIONAPN49-11-26-105-012.000-500

Schools near 3506 Bluff Road

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Abraham Lincoln Elementary School
Public1 to 5

Perry Meridian 6th Grade Academy
Public6

Perry Meridian Middle School
Public7 to 8

Perry Meridian High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3506 Bluff Road, Indianapolis, IN 46217
$225,000
159,865
336
62,291
$58,000
2
1,710
16,988
3
2,016
250,862
$80,000
2
1,287
17,424
$340,000
3
3,094
44,866

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indy Metro S

Based on information submitted to the MLS GRID as of 08/09/2021 03:31 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.