Survey Complete!!! Prime Development Opportunity with road frontage on Raceway and Tansel Road! Don't miss this unique chance to own a property with valuable street frontage along Raceway Rd-perfect for land developers and visionaries. Property Highlights: Currently zoned DA (3-acre lots per build) Potential rezoning to D1 or DS, allowing for 1/2 to 1-acre lots (per city planner) Currently recommended for Rural or Estate Neighborhood Development under the Marion County Comprehensive Plan (2019 Land Use Plan Pattern Book) Endless Possibilities: Estate Homes, Retail Development, Custom Builds. This is a rare opportunity to bring your vision to life in a high-demand area with flexible potential.Final taxes and legal description tbd. Please schedule property walk through Broker Bay. Do not disturb seller. Pre approval or proof of funds required prior to touring. New address pending per new survey. Due to this, taxes and description do not currently match city information. Taxes tbd on new lot. Buyer to used due diligence in verifying and researching the property can be used for buyers intended purposes.
Active
Price cut: $156.3K (2/18)
$1,800,000
4080 Tansel Rd, Indianapolis, IN 46234
--beds
--baths
15.15Acres
Unimproved Land, Farm
Built in ----
15.15 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 147 days |
- 179 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: February 18, 2026 at 10:33am
Listing Provided by:
Kris Strohmeyer-Lett 317-500-1501,
BluPrint Real Estate Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22066458
Facts & features
Property
Lot
- Size: 15.15 Acres
- Features: Access, Corner Lot, Not In Subdivision, Wooded, Corner, Creek On Property, Mature Trees
- Topography: Cleared,Stream,Varied,Wooded
Details
- Parcel number: 490516116001000600
- Zoning: DA
- Zoning description: Agricultur
- Special conditions: As Is,Defects/None Noted
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $362,800
- Annual tax amount: $5,696
- Date on market: 10/13/2025
- Cumulative days on market: 149 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Price change | $1,800,000-8% |
Source:  MIBOR as distributed by MLS GRID #22066458 Report a problem | ||
| 10/13/2025 | Listed for sale | $1,956,250 |
Source: MIBOR as distributed by MLS GRID #22066458 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,696 -4.3% | $362,800 +1.8% |
| 2023 | $5,949 +18.5% | $356,300 -4% |
| 2022 | $5,018 +4.7% | $371,200 +22.6% |
| 2021 | $4,794 -0.8% | $302,800 +4.6% |
| 2020 | $4,835 +0.9% | $289,400 -0.2% |
| 2019 | $4,793 -1.9% | $290,100 +2.5% |
| 2018 | $4,888 -31.5% | $282,900 -1.4% |
| 2017 | $7,139 +53% | $286,800 +6.2% |
| 2016 | $4,665 +4.7% | $270,100 +3.1% |
| 2014 | $4,457 +1.6% | $262,000 +1.9% |
| 2013 | $4,389 | $257,100 -3.3% |
| 2012 | $4,389 | $265,900 -5.9% |
| 2011 | -- | $282,700 -2.9% |
| 2010 | $4,343 +9.4% | $291,100 +7.3% |
| 2009 | $3,969 | $271,200 -10.4% |
| 2007 | -- | $302,800 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Clermont
Nearby schools
GreatSchools rating
- 5/10Deer Run Elementary SchoolGrades: K-5Distance: 3.2 mi
- 4/10Guion Creek Middle SchoolGrades: 6-8Distance: 4.7 mi
- 4/10Pike High SchoolGrades: 9-12Distance: 4.9 mi
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