511 S Tibbs Avenue, Indianapolis, IN 46241

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Sold Price
$455,000
List Price
$549,900
Closing Date
May 05, 2026
MLS#
22070825
Property Type
Land
Days on Market
189
Status
SOLD

Property Description

I-2 Zoned Property - Prime Industrial Opportunity Near I-70! Located just minutes from I-70 and near an open-air theatre , this property sits in a highly industrial-friendly area, offering the perfect blend of business potential and open space! The front western half is ideal for Light Industrial activities, including: Heavy Equipment Sales, Service, or Repair Automobile & Vehicle Storage or Auction Light Manufacturing The eastern half offers space for a park or green area , creating balance between industry and nature. Excellent Location | Flexible I-2 Zoning | Endless Development Possibilities For a full list of permitted I-2 uses, please see the attached zoning chart.

Additional Information

Present Zoning
Industrial
Number of Lots
3
Land Characteristics
Mature Trees, Water View
Topography
Not Applic
Soil Type
Gravely
Development Status
Not Applicable
Facilities on Site
None
Facilities near Site
Electric, Sewer, Water
Water
Municipal Water Near By
Sewer
Public Sewer
Road Access
Frontage Road
Road Frontage
City Street
Road Surface
Asphalt
Acres
2.40
Water
Municipal Water Near By
Financing
AnnualPymt, Contract, Conventional, FarmersHomeLoanAdministration, MonthPymt, Owner
Region
Wayne

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Blue Flag Realty Inc. Selling Office: Blue Flag Realty Inc.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative