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  • Price$4,169,500
  • Acres83.50

5500 Mills Road, Indianapolis

NOTICE! The Owners are in the process of Zoning 9+ acres at the NE corner of this property (at Stop Light Intersection) to Commercial Retail Use. This site has multiple zoning for D7 Residential and Multi-family use and Apartment Land. 20 Acres - Mann Road Frontage is zoned C4. WILL DIVIDE. Terrific road frontage on Mills Road. Rolling hills, flatland, some wooded, some clear, some flood plain/nature preserve. Five-minute drive to I-465, and five minutes to State Road 37. Suitable for a mix of multi-family and single family residences.

Essential Information

  • BLC® #21526102
  • Price$4,169,500
  • Bathrooms0.00
  • Acres83.50
  • TypeLot / Land
  • StatusActive

School Information

  • DistrictDecatur Township

Listing Details

  • Listing OfficeREALTY WORLD-Harbert Company

Community Information

  • Address5500 Mills Road
  • AreaMarion - Decatur
  • SubdivisionMILL RUN
  • CityIndianapolis
  • CountyMarion
  • StateIN
  • Zip Code46221

Additional Information

  • Date ListedNovember 22nd, 2017
  • Days on Market382
  • ZoningC4, D4, D7

Price Change History for 5500 Mills Road, Indianapolis, IN (BLC® #21526102)

Date Details Change
Price Reduced from $4,753,000 to $4,169,500 $583,500 (12.28%)
Price Reduced from $6,240,000 to $4,753,000 $1,487,000 (23.83%)
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Listing information last updated on December 9th, 2018 at 1:39pm CST.