4456 Caroline St

16,552 / 0.38
Lot Size / Acres

Description

Welcome to a fantastic TRIPLE vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building up to 3 new construction single or multi-family homes. Whether you choose to purchase for yourself, rent or sell, this lot provides a perfect canvas for a profitable venture. Located on the convenient north side, this lot offers unrivaled access to everything Indianapolis...Welcome to a fantastic TRIPLE vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building up to 3 new construction single or multi-family homes. Whether you choose to purchase for yourself, rent or sell, this lot provides a perfect canvas for a profitable venture. Located on the convenient north side, this lot offers unrivaled access to everything Indianapolis has to offer. You'll find schools, parks, and shopping within easy reach, as well as popular attractions like the Monon Trail. Commuting is a breeze with nearby Red & Purple Line stations and major routes including N College Ave, N Keystone Ave, 38th St, and Fall Creek Pkwy, making it easy to explore all of Indy. The Fairgrounds are also just a short trip away. This is a unique opportunity to secure a substantial investment within a dynamic and popular area. Don't miss out on the potential to create and capitalize on new construction in the heart of SoBro. Please note seller has building plans, survey work and other information worth over 30K available upon request.

Property Details for 4456 Caroline Street

Subdivision Name
Montrose
Township
Washington
Zoning
Single Family
LISTING UPDATED: 01/29/2026 09:17 AM

Property Details for 4456 Caroline Street

StatusPending
MLS #22038726
Days on Market76
Taxes$137 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lots
Year Built-
Lot Size0.38 AC
CountyMarion County

Location

Listing Courtesy of: .

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Building Information for 4456 Caroline Street

Building Size-Lot Size0.38 AC

Payment Calculator

$535 per month

30 year fixed, 6.15% Interest

Principal and Interest

$512

Property Taxes

$23

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4456 Caroline Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46205
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Level
Taxes and HOA Information
  • Parcel Number: 490718103204000801
  • Semi Annual Property Tax Amt: 137
  • Tax Year: 2024
  • TaxLot: 502, 503, 504
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Land Characteristics: City
  • Lot Size Square Feet: 16380.0
  • Lot Size Acres: 0.38
  • New Construction: False
  • Number Of Lots: 3
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Not Applicable
  • Divisible: No
  • DPRYN: No
  • Legal Subdivision: Montrose L502, L503 & L504
  • Photos Count: 2
  • Present Zoning: Single Family
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Not Applic
  • Transaction Type: Sale
Utilities
  • Facilities Near: Cable,Electric,Gas
  • Facilities On: Not Applicable
  • Sewer: Not Applicable
  • Solid Waste: No
  • Water: Not Applic
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 4456 Caroline Street

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Pending

MIBORMLS #22038726

—
Aug 13, 2025

Temporarily Off Market

MIBORMLS #22038726

—
Jul 16, 2025

Listed (Active)

MIBORMLS #22038726

$105,000—
DateEvent & SourcePrice
10/17/2025

Pending

MIBORMLS #22038726

—
08/13/2025

Temporarily Off Market

MIBORMLS #22038726

—
07/16/2025

Listed (Active)

MIBORMLS #22038726

$105,000

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

Public Records for 4456 Caroline Street

Taxable ValueLand$42,600Additions-Total$42,600
Tax Record2024$1,011 ($84 / month)
Home Facts
Beds0Lot Size16,380 SqFtStyleResidentialZoningZO01CountyMARIONAPN49-07-18-103-204.000-801

Schools near 4456 Caroline Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Charter - PK to 6
Charter - PK to 6
Rating
School
Distance
Robert Lee Frost School 106
PublicPK to 6

Charles Warren Fairbanks School 105
PublicPK to 6

Francis Scott Key School 103
CharterPK to 6

Louis B. Russell Jr. School 48
CharterPK 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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Based on information submitted to the MLS GRID as of 01/29/2026 09:17 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.