Last Sold Price
458,686 Lot Size10.53 Acres
4116 Mann Rd, Indianapolis, IN 46221

Description

Recently rezoned and approved for 160 units! This property spans 10.99+/- acres offering a great opportunity to develop multi-family complexes. This is an ideal location close to the Indianapolis International Airport and downtown Indianapolis. Don't miss the chance to purchase this vacant land.Recently rezoned and approved for 160 units! This property spans 10.99+/- acres offering a great opportunity to develop multi-family complexes. This is an ideal location close to the Indianapolis International Airport and downtown Indianapolis. Don't miss the chance to purchase this vacant land.
LISTING CLOSED: 06/28/2024 12:00 AM

  1. Listed by Michael Nauman • RE/MAX Advanced Realty
    P: (317) 298-0961 m.nauman@indyhomepros.com
  2. Listed by Madison Nauman • RE/MAX Advanced Realty
    P: (860) 216-8220 madison@indyhomepros.com

Property Details for 4116 Mann Road

Status
MLS #
21931143
Days on Market
295
Taxes
$970 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential Lots
Year Built
-
Lot Size
10.53 AC
Subdivision Name
No Subdivision
Township
Decatur
Zoning
D-7

Recent comparable sales

Median sold price

$20,000

Avg days on market

96

Sale-to-list ratio

87.5%

Indianapolis, IN

9 comparable properties found

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1/12
1

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Sold 12/17/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
12.86
Acres
$10,000 | 3205 Foltz Street, Indianapolis, IN 46221
1/3
2

$10,000

Sold 10/08/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
0.12
Acres
$30,000 | 2947 South Lyons Avenue, Indianapolis, IN 46241
1/3
3

$30,000

Sold 02/06/25

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Bedrooms
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Bathrooms
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Square Feet
0.24
Acres
$8,000 | 2814 South Rybolt Avenue, Indianapolis, IN 46241
1/2
4

$8,000

Sold 07/06/26

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Bedrooms
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Bathrooms
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Square Feet
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Acres
$20,000 | 2722 South Lyons Avenue, Indianapolis, IN 46241
1/2
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$20,000

Sold 11/28/25

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Bedrooms
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Bathrooms
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Square Feet
0.24
Acres
$17,000 | 2638 Mars Hill Street, Indianapolis, IN 46241
1/4
6

$17,000

Sold 04/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$19,900 | 4835 West Regent Street, Indianapolis, IN 46241
1/2
7

$19,900

Sold 11/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$30,000 | 2526 Arnold Street, Indianapolis, IN 46241
1/6
8

$30,000

Sold 02/18/26

Unavailable
Bedrooms
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Bathrooms
Unavailable
Square Feet
0.42
Acres
$48,000 | 2544 Maywood Road, Indianapolis, IN 46241
1/4
9

$48,000

Sold 06/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres

Location

Listing Courtesy of RE/MAX Advanced Realty

Sold By RE/MAX Advanced Realty

Add your commute

Building Information for 4116 Mann Road

Building Size-Lot Size10.53 AC

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$2,957 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$162

HOA Dues

$0

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Property Information for 4116 Mann Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Use GPS
  • Postal Code: 46221
  • Postal Code Plus4: 2525
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Level
Taxes and HOA Information
  • Parcel Number: 491131109003000200
  • Semi Annual Property Tax Amt: 970
  • Tax Year: 2022
  • TaxLot: 2001843
School Information
  • School District: Decatur County Community Schools
Property
Lot Information
  • Acreage: 10-20 Acres
  • Land Characteristics: City,Mature Trees,Rectangle,Rural,Small Trees,Suburban,Wooded
  • Lot Size Square Feet: 458861.0
  • Lot Size Acres: 10.53
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
  • Wooded Acres: 7
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
  • Divisible: Yes
  • Legal Subdivision: Pt Nw1/4 Ne1/4 S31 T15 R3 Beg Nw Cor E891.05' S159.45' E245.13' Sw313.59' W1073.73' N462.66' To Beg 10.948Ac
  • Photos Count: 9
  • Present Zoning: Multi-Fam
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Condo,Dbl Duplex,Fourplex,Multiple,Single Lot,Sngl Detach,Townhouse,Triplex,Undeveloped
  • Transaction Type: Sale
  • Buyer Financing: Cash
Utilities
  • Facilities Near: Electric,Gas,Sewer,Water & Sewer
  • Facilities On: Not Applicable
  • Sewer: Municipal Sewer Near
  • Solid Waste: No
  • Water: Municipal Water Near By
  • Water Source: Municipal/City

Property History for 4116 Mann Road

DateEvent & SourcePriceAppreciation
Jun 28, 2024

Sold

MIBORMLS #21931143

$550,000
Apr 29, 2024

Pending

MIBORMLS #21931143

Apr 16, 2024

Expired

MIBORMLS #21852669

DateEvent & SourcePrice
06/28/2024

Sold

MIBORMLS #21931143

$550,000
04/29/2024

Pending

MIBORMLS #21931143

04/16/2024

Expired

MIBORMLS #21852669

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

Public Records for 4116 Mann Road

Taxable ValueLand$59,000Additions-Total$59,000
Tax Record2024$1,318 ($110 / month)
Home Facts
Beds3Total Finished SqFt1,162 SqFtAbove Grade Finished SqFt1,162 SqFtStories1Lot Size458,861 SqFtStyleResidentialYear Built1900Year Renovated1900ZoningZO01CountyMARIONAPN49-11-31-109-003.000-200

Schools near 4116 Mann Road

This home is within M S D Decatur Township.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Blue Academy
PublicK to 6

Decatur Middle School
Public7 to 8

Decatur Central High School
Public9 to 12

Liberty Early Elementary School
PublicPK to 6

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: 4116 Mann Road, Indianapolis, IN 46221
$550,000
458,686
$29,000
3
1,072
41,818
39,717
205,182
7,200
716,126
9,294
110,337
7,200
1,665,279

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 RE/MAX Advanced Realty

Based on information submitted to the MLS GRID as of 06/28/2024 11:27 AM. 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.