#21995661, Jazmine Allen, Listing office: Indy's Property Shop, LLC
Property details
About 1649 S Delaware St
Incredible opportunity to build in the heart of the rapidly revitalizing Old Southside neighborhood! Located at 1649 S Delaware St, this flat, grassy .07-acre lot offers both road frontage and rear alley access, making it an ideal setup for new construction. Whether you're an investor seeking your next development play or a future homeowner looking to build your dream house, this location delivers. Surrounded by new builds and beautifully renovated homes, this area sits just south of downtown Indianapolis and has become a hot spot for a variety of investment strategies-including build-and-sell flips, or short, mid, and long-term rentals. The lot's prime proximity to downtown makes it especially appealing for furnished mid-term or short-term rental use. Owner-occupants will love the chance to build a custom home in a walkable, growing neighborhood. Plus, the home directly to the south is also for sale (1653 S Delaware - different owner), presenting a unique opportunity to combine both parcels-ideal for a large yard, second build, or side-by-side rentals. Don't miss your chance to be part of the continued growth in one of Indy's most promising urban neighborhoods. Drive by today and imagine the possibilities!
Highlights
Home typeResidential Lot
StatusActive
Lot size0.07 Acres
MLS #22037053
Summary
- List Price: $34,000
- Annual Tax Amount: $174
- Tax Year: 2023
- Directions: GPS Friendly
- Lot Size: 0.07 Acres
- MLS Number: 22037053
- MLS Name: MIBOR
- Office Name: Keller Williams Indpls Metro N
- Office Email: peter@peterstewartrealty.com
- Listing Agent: Peter Stewart
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/6/2025, 12:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 28, 2005 | Home Sold | $14,201 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $6,300 | $174 |
| 2022 | $6,300 | $225 |
| 2021 | $6,300 | $145 |
| 2020 | $6,300 | $70 |
| 2019 | $3,000 | $71 |
| 2018 | $3,000 | $63 |
| 2017 | $3,000 | $62 |
History based on county public records data.
Nearby schools
9
Paramount Cottage Home
Public Charter KG-4
1.2 mi
•1203 E Saint Clair St
3
Theodore Potter Magnet Elementary School 74
Public District KG-6
1.3 mi
•1601 E 10th St
3
Global Preparatory Academy
Public Charter KG-6
1.7 mi
•2033 Sugar Grove Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,096. The majority of Indianapolis, IN residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
37%
<35k
43%
35k-100k
16%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
77%
Single, No Kids
3%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
2%
12-17 yrs old
34%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Yoga/pilates
Major League Soccer (MLS)
Where do the neighbors shop?
Express/Express For Men
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Sonic
What do the neighbors drive?
Pontiac
Audi
Infiniti
What do the neighbors listen to?
Urban Contemporary
Alternative
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1649 S Delaware St
The listing price of 1649 S Delaware St property is $34,000.
The property 1649 S Delaware St is land located in Indianapolis, Indiana, 46225.
Active Listing: 1649 S Delaware St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1649 S Delaware St are: Paramount Cottage Home (GreatSchools Rating 9/10), Theodore Potter Magnet Elementary School 74 (GreatSchools Rating 3/10), Global Preparatory Academy (GreatSchools Rating 3/10), Center For Inquiry School 27 (GreatSchools Rating 3/10), Center For Inquiry School 2 (GreatSchools Rating 5/10), George Washington Carver Montessori School 87 (GreatSchools Rating 6/10), Herron High School (GreatSchools Rating 9/10), Crispus Attucks High School (GreatSchools Rating 1/10), Arsenal Technical High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $174 (source: MLS/based on county public records data).
The last sale was on December 28, 2005 for $14,201 (source: MLS/tax record).
The property 1649 S Delaware St is 0.07 acres.
This home is located at 1649 S Delaware St in Indianapolis, IN and zip code 46202 in the Herron-Morton Place neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $34,000.
Over 266 listings were sold over their listed price in June 2025 in Indianapolis, IN. In the same period over 527 listings were sold below the listed price and 276 listings were sold for the listed price. Between May and June 2025, Indianapolis, IN real estate market has seen decrease in the number of listings by 0.2%. In June 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $251,183.
From Rocket Homes Real Estate and based on county public records data.