Rare land opportunity in Indianapolis: a 0.39-acre lot at 2915 Villa Ave offering one of the largest, flattest, most buildable parcels you'll find this close to downtown! The existing structure has significant fire, roof, and structural damage and is best suited for demolition rather than renovation, making this a true land play. Much of the lot has already been cleared, and mature trees line the perimeter for natural privacy. With generous frontage and depth, the site may support subdivision into two lots or two separate dwellings, giving investors and builders flexibility for new construction, infill development, or a build-and-hold strategy (buyer to verify zoning, subdivision feasibility, and permitting with the City of Indianapolis). Opportunities to secure this much buildable land within city limits are increasingly hard to find. Property is sold strictly as-is. Do not enter the structure, as it is unsafe; walk the lot only. Bring your vision and your builder.

Based on information submitted to MIBOR as of October 20, 2026 7:20 AM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Property Details of 2915 Villa Avenue

Property Details

Basic Information

Building

Location

Finance

Interior Features

Bedrooms

Bathrooms

Community

Area

Other Details

Water

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Realty World Harbert Company