4301 E Michigan St Indianapolis, IN 46201

$119,900
0.08 acres
Land

Property details

About 4301 E Michigan St

Welcome to 4301 E Michigan St, a prime investment opportunity located in the vibrant Near East Side neighborhood of Indianapolis. This vacant corner lot, zoned MU1, opens the door to endless possibilities for development. Picture a multifamily building with up to 8 units, offering a steady stream of rental income, or a 4-plex featuring larger, upscale units to attract long-term tenants. Positioned on a high-visibility corner along a bus line, this location ensures convenience and accessibility for future residents. The blank slate is perfect for bringing your vision to life, whether it's a modern multifamily property, live/workspaces, or another creative venture. Surrounded by urban amenities, trendy eateries, and easy downtown access, this lot is an investor's dream in a flourishing community. Don't miss the chance to turn this lot into your next successful project!

Highlights

Home typeBusiness
StatusActive
Lot size0.08 Acres
MLS #22016140

Summary

  • MLS Number: 22016140
  • MLS Name: MIBOR
  • Office Name: No Limit Real Estate, LLC
  • Office Email: charlenegaard@aol.com
  • Listing Agent: Charlene Gaard

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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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: 2/1/2025, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$119,900

4301 E Michigan St

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$40,000$1,109
2022$31,200$867
2021$28,500$2,023
2020$28,500$890
2019$27,400$1,279
2018$27,400$781
2017$26,200$2,079

History based on county public records data.

Nearby schools

3

Ralph W. Emerson Elementary School 58

Public District PK-6

0.2 mi

321 N Linwood Ave

3

Christian Park Elementary School 82

Public District KG-6

1.0 mi

4700 English Ave

3

Brookside Elementary School 54

Public District KG-6

1.1 mi

3150 E 10th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,440. Most Indianapolis, IN residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

51%
<35k
42%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
21%
Single, with Kids
14%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • ToyotaToyota

What do the neighbors listen to?

  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4301 E Michigan St

This home is located at 4301 E Michigan St in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 1, 2025 and is currently priced at $119,900.

While more than 100 listings in Indianapolis, IN in January 2025 were sold above asking price, there were more than 147 listings sold at asking price, and more than 354 were sold below. The inventory of homes for sale in Indianapolis, IN between December and January 2025 decreased by 2.2%. In January 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $249,950.

From Rocket Homes Real Estate and based on county public records data.

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