557 Lynn St

Indianapolis, IN 46222

$29,999
Price
4,356 / 0.1
Lot Size / Acres

Description

Step into one of Indianapolis's most promising transformation zones. This blank-canvas parcel at 557 Lynn Street (ZIP 46222) sits quietly today - but its potential resonates. Just minutes from downtown, enveloped in neighborhoods primed for reinvestment, and within the reach of city programs like Vacant to Vibrant, this lot offers developers the rare chance to insert value from day one.Step into one of Indianapolis's most promising transformation zones. This blank-canvas parcel at 557 Lynn Street (ZIP 46222) sits quietly today - but its potential resonates. Just minutes from downtown, enveloped in neighborhoods primed for reinvestment, and within the reach of city programs like Vacant to Vibrant, this lot offers developers the rare chance to insert value from day one.
  1. Listed by Tonya Burton • eXp Realty LLC

Property Details for 557 Lynn Street

Subdivision Name
Merritt Place
Township
Center
Zoning
D5
LISTING UPDATED: 09/29/2025 06:57 PM

Property Details for 557 Lynn Street

StatusActive
MLS #22064873
Days on Market115
Taxes$39 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lots
Year Built-
Lot Size0.10 AC
CountyMarion County

Location

Listing Courtesy of eXp Realty LLC
Add your commute

Building Information for 557 Lynn Street

Building Size-Lot Size0.10 AC

Payment Calculator

$153 per month

30 year fixed, 6.15% Interest

Principal and Interest

$146

Property Taxes

$7

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 557 Lynn Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46222
  • Road Access: Not Applic
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Cleared,Level
Taxes and HOA Information
  • Parcel Number: 491103111082000101
  • Semi Annual Property Tax Amt: 39
  • Tax Year: 2024
  • TaxLot: 1088431
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Land Characteristics: City
  • Lot Size Square Feet: 4182.0
  • Lot Size Acres: 0.1
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
  • Divisible: No
  • DPRYN: No
  • Legal Subdivision: Merritt Pl L105
  • Photos Count: 2
  • Present Zoning: Single Family
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Concrete
  • Type: Single Lot
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric,Water & Sewer
  • Facilities On: Not Applicable
  • Sewer: Public Sewer
  • Solid Waste: No
  • Water: Municipal Water Near By
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 557 Lynn Street

DateEvent & SourcePriceAppreciation
Sep 25, 2025

Listed (Active)

MIBORMLS #22064873

$29,999—
DateEvent & SourcePrice
09/25/2025

Listed (Active)

MIBORMLS #22064873

$29,999

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

Public Records for 557 Lynn Street

Taxable ValueLand$3,300Additions-Total$3,300
Tax Record2024$78 ($7 / month)
Home Facts
Beds0Lot Size4,182 SqFtStyleResidentialZoningZO01CountyMARIONAPN49-11-03-111-082.000-101

Schools near 557 Lynn Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Lew Wallace School 107
Public - PK to 6
Meredith Nicholson School 96
Public - PK to 6
Carl Wilde School 79
Public - PK to 6
Jonathan Jennings School 109
Public - PK to 6
Rating
School
Distance
Lew Wallace School 107
PublicPK to 6

Meredith Nicholson School 96
PublicPK to 6

Carl Wilde School 79
PublicPK to 6

Jonathan Jennings School 109
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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More information about 557 Lynn Street, Indianapolis, IN 46222

557 Lynn Street is a 0.1 ac of land for sale in Indianapolis, IN 46222. This property was listed for sale on September 25, 2025 by eXp Realty LLC, it's currently listed at $29,999. This listing's school district is Indianapolis Public Schools. Nearby schools include Lew Wallace School 107, Meredith Nicholson School 96 and Carl Wilde School 79. 557 Lynn Street is a 0-bed, 0-bath, 0.1 ac of land on a 4,356 sq. ft. / 0.1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/18/2026 01:04 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.