Sold
Last Sold Price
720 Raceway Rd, Indianapolis, IN 46231
OtherProperty Type
4.97 acresLot Size

Description

This acreage offers a fantastic opportunity. Currently zoned general business district approved exclusively for storage units. A perfect location between US 36 and 10th Street. County approval is for 108 storage units.This acreage offers a fantastic opportunity. Currently zoned general business district approved exclusively for storage units. A perfect location between US 36 and 10th Street. County approval is for 108 storage units.
  • Listed by: Edward James 317.272.5002 ed@soldindy.com • RE/MAX Centerstone
  • Listed by: Dan Weathers 317.272.5002 dan@SoldIndy.com • RE/MAX Centerstone
Listing closed: 11/02/2020 12:00 AM • Source: MIBORMLS, MLS#: 21583667

Recent comparable sales

Median sold price

$115,000

Avg days on market

15

Sale-to-list ratio

75.2%

Indianapolis, IN

9 comparable properties found

$78,000 | 246 Melissa Ann Court, Indianapolis, IN 46234
1/20
1

$78,000

Sold 12/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.57
Acres
$115,000 | 2002 Bridgeport Road, Indianapolis, IN 46231
1/22
2

$115,000

Sold 07/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
25.75
Acres
3

$124,000

Sold 12/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.01
Acres
4

$105,000

Sold 11/25/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.01
Acres
5

$130,000

Sold 09/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.01
Acres
6

$119,000

Sold 06/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.01
Acres
7

$600,000

Sold 06/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.5
Acres
8

$59,900

Sold 06/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.43
Acres
9

$5,700

Sold 02/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.98
Acres

Location

Listing Courtesy of RE/MAX Centerstone

Sold By RE/MAX Centerstone

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$687 per month

30 year fixed, 6.55% Interest

Principal and Interest

$585

Property Taxes

$102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 720 Raceway Road

Property Details
  • Taxes: $612 semi-annually
  • MLS Type: Land / Commercial Land
  • Subdivision Name: NO SUBDIVISION
  • Township: Washington
  • Zoning: GB-storage
Building Information
  • Lot Size: 4.97 AC / 216,493 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Hendricks
  • Directions: US 36 (ROCKVILLE RD) TO RACEWAY RD GO NORTH TO PROPERTY ON LEFT
  • Postal Code: 46234
  • Road Access: CityStreet
  • Road Frontage Type: FrontageRd, City Street
  • State Or Province: IN
  • Topography: NotApplic
Taxes and HOA Information
  • Parcel Number: 320905200036000022
  • Semi Annual Property Tax Amt: 612
  • Tax Exemption: None
  • Tax Year: 2018
Property
Lot Information
  • Acreage: 3-5 Acres
  • Land Characteristics: See Remarks
  • Lot Number: 1
  • Lot Size: 4.97
  • Lot Size Acres: 4.97
  • MLS: MIBOR
  • New Construction: False
  • Number Of Lots: 1
  • Other Structures: NotApplicable
  • Possible Use: See Remarks
  • SqFt Main Upper: 0
  • Sq Ft Total: 0.0
Property and Assessments
  • Affected by Disclosures: 0
  • Development Status: Plat Designed
  • Divisible: 0
  • Documents: Other Restrictions
  • Photos Count: 3
  • Present Zoning: See Remarks
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: NotApplic
  • SaleTerms: Cash
  • Type: Single Lot
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric
  • Facilities On: Not Applicable
  • Sewer: Septic Needed
  • Solid Waste: 0
  • Water: NotApplic
Interior and Exterior Features
Exterior Features
  • Improvements: None
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

Property History for 720 Raceway Road

DateEvent & SourcePriceAppreciation
Nov 2, 2020

Sold

MIBORMLS #21583667

$115,000
Oct 10, 2020

Pending

MIBORMLS #21583667

Apr 1, 2020

Price Change

MIBORMLS #21583667

$129,900
DateEvent & SourcePrice
11/02/2020

Sold

MIBORMLS #21583667

$115,000
10/10/2020

Pending

MIBORMLS #21583667

04/01/2020

Price Change

MIBORMLS #21583667

$129,900

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

Schools near 720 Raceway Road

This home is within Avon Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Pine Tree Elementary School
PublicK to 4

Avon Intermediate School West
Public5 to 6

Avon Middle School South
Public7 to 8

Avon 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.

Similar Homes

New listings in 46231

$320,000 | 10762 Crane Drive, Indianapolis, IN 46231
1/27
New

$320,000

2
Bedrooms
1,990
Square Feet
0.31
Acres
$314,900 | 1041 New Harmony Drive, Indianapolis, IN 46231
1/37

$314,900

3
Bedrooms
1,640
Square Feet
0.3
Acres
$354,900 | 10934 Cyrus Drive, Indianapolis, IN 46231
1/62

$354,900

3
Bedrooms
2,366
Square Feet
0.22
Acres
$228,500 | 2043 Orchid Bloom Drive, Indianapolis, IN 46231
1/19

$228,500

3
Bedrooms
1,172
Square Feet
0.1
Acres
$320,000 | 1376 Broyles Drive, Indianapolis, IN 46231
1/27

$320,000

3
Bedrooms
2,552
Square Feet
0.23
Acres
$1 | 9132 Blue Pine Drive, Indianapolis, IN 46231
1/6
Open: 9/13 02:00PM - 04:00PM

$1

3
Bedrooms
1,264
Square Feet
0.11
Acres
$230,000 | 1845 Blue Pine Lane, Indianapolis, IN 46231
1/35

$230,000

2
Bedrooms
1,078
Square Feet
0.12
Acres
$257,000 | 345 Leffler Drive, Indianapolis, IN 46231
1/15

$257,000

3
Bedrooms
1,539
Square Feet
0.2
Acres
$349,900 | 1377 Fortner Drive, Indianapolis, IN 46231
1/76

$349,900

3
Bedrooms
3,016
Square Feet
0.21
Acres

Nearby home values

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 Centerstone

Based on information submitted to the MLS GRID as of 04/13/2021 07:11 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.