10919 E 56th Street, Indianapolis, IN 46235

$4,000,000

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List Price
$4,000,000
MLS#
22062385
Property Type
Land
Days on Market
285
Status
ACTIVE

Property Description

Two adjoining parcels totaling approximately 9.795 acres are available for sale or lease. Located at the southwest corner of East 56th Street and North German Church Road in northeast Indianapolis. This excellent location offers exceptional visibility, strong traffic counts, and convenient access to major commuter routes, making it ideal for residential or future commercial development with a zoning change. The first parcel, located at 5525 North German Church Road, consists of 4.3 acres of vacant land positioned prominently at the intersection of 56th Street and German Church Road. The site provides direct access to major corridors and is close to Geist Reservoir, Fort Harrison Park, and area shopping, dining, and schools. The second parcel, located at 10919 East 56th Street, includes 5.49 acres and currently features a brick farmhouse, a large all-steel commercial building with car lifts and full utilities, two smaller steel utility buildings, and an in-ground swimming pool. The property is beautifully landscaped with mature nut trees and borders scenic Indian Creek, offering a serene natural setting adjacent to Indian Creek Magnet Science School. Combined, these parcels present a rare opportunity in a rapidly growing corridor. The properties are ideally suited for future residential development such as condominiums or duplexes, or for potential commercial use pending zoning approval. Their strategic location, accessibility, and flexible potential make this an outstanding investment for developers or investors seeking growth in the northeast Indianapolis market.

Additional Information

Present Zoning
Single Family
Number of Lots
2
Land Characteristics
Corner, Creek On Property, Mature Trees
Topography
Pasture, Stream, Wooded, See Remarks
Soil Type
Other
Development Status
Zoning Change Required
Facilities on Site
None
Facilities near Site
Cable, Easement, Electric, Gas, Sewer, Telephone, Water
Water
Municipal Water on Site
Sewer
Public Sewer
Road Access
Frontage Road
Road Frontage
City Street, FrontageRd
Road Surface
Asphalt
Acres
9.80
Water
Municipal Water on Site
Region
Lawrence

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Indy Crossroads Realty Group.

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