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4817 Kollman Road

Indianapolis, IN 46241
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Acres6.80

Acres(Lot)

Prime 6.8-acre development opportunity at 4817 Kollman Road in Indianapolis, Indiana. This property offers an excellent opportunity for builders, developers, and investors looking to create a new residential neighborhood in an established and growing area. The property is currently zoned FARMLAND and includes a single-family residence originally constructed in 1938. The existing home is not considered part of the property's long-term development plan and will need to be removed as part of a future redevelopment project, subject to applicable approvals. With approximately 6.8 acres of land, the property provides substantial space for a potential residential development. A future owner may pursue a zoning change to allow residential development, creating the opportunity to develop a ne ighborhood that complements the surrounding area. Buyers should conduct their own due diligence regarding zoning, permitted uses, utilities, subdivision requirements, access, density, and all necessary governmental approvals. Location is a major advantage. The property is situated along a newly paved asphalt road and is surrounded by an already established residential area and other residential structures, providing an ideal setting for a neighborhood development. The property is also within walking distance of major area employers, offering convenient access to employment centers for future residents. Adding to its appeal, the property is approximately an eight-minute drive to Indianapolis International Airport, making it particularly attractive for commuters, business travelers, and residents seeking convenient access to one of the region's major transportation hubs. Whether you're a residential developer seeking your next project or an investor looking for land with future redevelopment potential, 4817 Kollman Road presents a rare opportunity to acquire 6.8 acres in an established Indianapolis setting and pursue the creation of a new residential community. Buyer to

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Detail Ic Property Details

Property Type : Land

Price : $850,000

AD Id : 90989686

MLS Id : MBR22124367

Lot Size : 6.80 Acres(Lot)

County : Marion

Subdivision: Swans Add

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Feature Features

  • Lot Information

    Lot Square Feet: 296339 Lot Acres: 6.8

    Property Information

    Property Type: Land Sub Type: Farm

  • Listing Price Information

    Original List Price:$850000

  • Tax Information

    Tax Lot: 2790.56 Tax Legal Description: Pt Se1/4 S35 T15 R2 587' N Sw Cor P.O.B. N296' E883' S296' W883' To Beg 6Ac Tax Year: 2025 Parcel Number: 491235116001000200 Tax Exemption: Homestead Tax Exemption

  • School Information

    Elementary School: Valley Mills Elementary School Junior High School: Decatur Middle School Senior High School: Decatur Central High School
  • Utility Information

    Sewer: Public Sewer
  • Location Information

    Subdivision: Decatur Commons City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

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ByOwner last updated this listing 09/05/2026 @ 06:20

MLS: MIBOR #22124367 LISTED BY: Cory Grass, RE/MAX Acclaimed Properties 812-332-3001 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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