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2.7-acre residential lot near Indianapolis, Marion County

Common Property, Indianapolis, IN · Parcel 490605120005000600

County file August 2025

  • Acres2.7
  • Land typeVacancy not verifiedNo building found, August 2025
  • ZoningD3Dwelling district three
  • Future land useFloodway
  • Flood zoneIn flood zone AE (95%)The rest: X (5%)
  • Wetlands39% of the parcel
  • Tax value (county)Assessed at $0 on the county roll (2025 roll) (2025 roll)
  • Last saleNo recorded transfer since 2019 on the county rolls
  • Road accessHas road accessRoads: Census TIGER/Line 2025 roads with IndianaMap road centerlines, Feb 2026
  • Road frontage20 ft on Peregrine Blvd
  • BuildingNone on the roll
  • City or townIndianapolis
  • SewerAvailableSewer main at the lot

Land facts

From public records and official maps, each with its source and date.

  • Section, township, rangeSection 5, Township 16 North, Range 3 East, Second Principal MeridianBLM PLSS (CadNSDI), at the parcel's center · Oct 2026
  • Septic (soils)Very limitedUSDA NRCS soil survey (SSURGO), septic absorption fields · Oct 2026
  • Ground elevationAbout 779–788 ft above sea levelUSGS 3DEP 1/3 arc-second (about 10 m), NAVD88; about ±1–2 ft · Oct 2026

Services and surroundings

Public federal and state records, each with its source and date. Area facts, not a survey of this parcel.

  • USDA home loan areaOutside the eligible areasUSDA Rural Development eligibility map, last edited Jul 2023, read Oct 2026. Household income limits also apply
  • Well depth nearbyMedian 114 ft (middle half 88–128 ft)38 well logs within 1 mi, drilled 1960–2013; water level 35 ft below ground; bedrock at 133 ft (Indiana DNR well records). Area figures, not this parcel
  • Public land nearbyNorthwestway Park, 1.2 miCity Land, open to the public, 110 acres (USGS PAD-US 4.1). Nearby is not access, and never a hunting right

School district

Public federal records, each with its source and date.

  • School districtPike Township Metropolitan School DistrictGrades pre-K–12 · NCES EDGE school district boundaries, school year 2024–25 (Census TIGER 2025 lines), released Mar 2026. A district, not an assigned school

District details at NCES: Pike Township Metropolitan School District

Utility service areas

Public service-area maps, each with its source and date. An area, not a connection at this parcel.

  • Electric service areaInside the service area of Indianapolis Power & Light CompanyInvestor-owned utility · IURC electric service territories map, edited Aug 2026: a visual aid, not the legal ruling
  • Water system areaInside the service area of Citizens Water - IndianapolisPublic water system IN5249004 · EPA public water system service areas, edited May 2026; boundary supplied by the utility. Not a water line at the lot

Mapped ground hazards

State and federal geologic and well maps, each with its agency and date. Distances are from the parcel's map point; a mapped area is not a finding about this parcel.

  • Underground coal mineNone mapped within 1/4 miIGWS: Underground coal mines (IDNR, December 2016), as of Dec 2016. Documented underground coal mines since the 1880s, from IDNR mine maps, to December 2016; outlines approximate

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Land price (est.)No price estimate for this parcel yet
Open on the map
In this areaIndianapolisParcels, flood and zoning7.2%in a FEMA flood zone315,383parcels on the roll

Property tax

Indiana DLGF pay-2026 certified rates; DLGF 2025 real property roll · as of Oct 2026

Tax rate
25.525 mills (Pike Outside district: Marion County, Pike Township, M.S.D. Pike Township School Corporation, Indianapolis-Marion County Pub Library, Indianapolis Sanitation (Solid), Indianapolis Police Special Service, Indianapolis Public Transportation, Marion County Health And Hospital, Indianapolis Consolidated City, Indianapolis Consolidated County, pay 2026)
Estimated annual tax
Not estimated: the county file gives no taxable value for this parcel

Rates: Indiana DLGF, pay 2026. The county treasurer's bill is the official figure.

Indiana pay-2026 taxes: second installment due November 10, 2026. Pay or check a bill at the Marion County Treasurer (Indianapolis).

Sources: Indiana Code 6-1.1-22-9 and 6-1.1-15-1.1; the Department of Local Government Finance due dates. Checked Oct 13, 2026.

What land sells for nearby

Land in Marion County sold for:

  • 1 to 10 acres: $16.6k–$55.4k an acre (22 sales, Oct 2025–Sep 2026); median $45.4k
  • Lots under 1 acre: $11.8k–$35.0k a lot (143 sales, Oct 2025–Sep 2026); median $20k
  • 10 acres or more: $8.3k–$32.1k an acre (16 sales, Nov 2023–Sep 2026); median $26.9k

The middle half (25th to 75th percentile) and the median of arm's-length single-parcel land sales. Source: STATS Indiana sales disclosure forms, valid for trending by the county assessor, vacant land with no improvement on the parcel at the sale. Recorded sales, not an estimate of any parcel.

Owner: on the county assessment roll (not shown here) · Request removal

Hazards

FEMA National Risk Index v1.20, planning-level · For this census tract, not this parcel · as of Dec 2025

Tornado
Relatively Moderate
Strong wind
Relatively Moderate
Riverine flooding
Relatively Moderate
Heat wave
Relatively Moderate
Cold wave
Relatively Moderate
Hail
Relatively Low
Winter weather
Relatively Low
Lightning
Relatively Low
Earthquake
Relatively Low
Wildfire
Very Low
Landslide
Very Low
Drought
No RatingFEMA computed no expected annual loss for this census tract; not a statement about this parcel
Sinkhole area (karst)
Not in a mapped sinkhole areaAt the parcel's map point · Indiana Geological and Water Survey, sinkhole areas (Misc. Map 65) · as of Oct 2026

Ratings are from public federal and state maps (named on each row), not a private climate model. FEMA rates each census tract from expected annual losses, community resilience and social vulnerability, for planning; it is not an assessment of this parcel.

Recorded flood claims

OpenFEMA NFIP Redacted Claims v3 · Insured buildings near this parcel, not the parcel itself · as of Sep 2026

Claims since 1978
Fewer than 10In this census tract

Neighborhood (Census)

Census ACS 2020–2024 5-year · as of Jan 2026

Median household income
$75,536± $32,446 · this block group
Median home value (owner-reported)
$250,900± $27,426 · this block group
Median rent (gross)
$1,085± $349 · census tract (block group sample too small)
Homes lived in by their owners
100%± 0 pts · this block group
Median year homes were built
1992± 3 yr · this block group
Average commute (one way)
19 min± 7 min · census tract (not published for block groups)
Population
1,925± 384 · this block group

Figures for the census block group around this parcel (a few hundred homes), not this property. ± is the Census 90% margin of error; a figure comes from the larger census tract when the block group's sample is too small. This product uses Census Bureau data but is not endorsed or certified by the Census Bureau.

Nearby parcels

Land and farm parcels of 1 acre or more in Marion County, nearest first.

Every parcel page in Marion County (1,822)

About these numbersSources, county file August 2025

Tax value

Tax value from the county’s last revaluation, not a market price. County file, August 2025.

Gross assessed value (the county assessor's market value-in-use, trended every year), not a market estimate. Farmland is assessed by the state's base-rate formula, well below what farmland sells for.

Land type

No building found: county roll (2025) and building footprints (Overture Maps with Microsoft and OpenStreetMap, Sep 2026) · County assessor roll; Overture Maps 2026-09-23.1

Parcel outline

The outline and its edge lengths are measured on the parcel map the map draws; the aerial loads from the public imagery named under it.

Source

Indiana DLGF parcel roll (Indiana Gateway) and IGIO statewide parcel boundaries, county file Aug 14, 2025.

Record

Public records can be wrong; check before you act.

Parcel: 490605120005000600

Coordinates: 39.8636° N, 86.2241° W