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10919 E 56th Street, Indianapolis, IN 46235

No Subdivision · Marion County

Key Facts

9.79Lot (acres)

Description

Two adjoining parcels totaling approximately 9.795 acres are available for sale or lease. Located at the southwest corner of East 56th Street and North German Church Road in northeast Indianapolis. This excellent location offers exceptional visibility, strong traffic counts, and convenient access to major commuter routes, making it ideal for residential or future commercial development with a zoning change. The first parcel, located at 5525 North German Church Road, consists of 4.3 acres of vacant land positioned prominently at the intersection of 56th Street and German Church Road. The site provides direct access to major corridors and is close to Geist Reservoir, Fort Harrison Park, and area shopping, dining, and schools. The second parcel, located at 10919 East 56th Street, includes 5.49 acres and currently features a brick farmhouse, a large all-steel commercial building with car lifts and full utilities, two smaller steel utility buildings, and an in-ground swimming pool. The property is beautifully landscaped with mature nut trees and borders scenic Indian Creek, offering a serene natural setting adjacent to Indian Creek Magnet Science School. Combined, these parcels present a rare opportunity in a rapidly growing corridor. The properties are ideally suited for future residential development such as condominiums or duplexes, or for potential commercial use pending zoning approval. Their strategic location, accessibility, and flexible potential make this an outstanding investment for developers or investors seeking growth in the northeast Indianapolis market.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

9.79 acres

Zoning

CURRENT USE RESIDENTIAL

Days on Market

138

MLS® Listing#

22062385

Property Features

Lot Features

WoodedCorner Lot

Other Structures

Other

Sewer

Public Sewer

Water Source

Public

Financial Details

Parcel Number

490809109006000407

Directions

GPS Friendly

Affordability Calculator

$800,000

Estimated monthly payment

$21,290/mo

Principal $3,200,000 · Est. interest $4,464,285 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Indianapolis, IN

$277,883
Median Listing Price
54
Median Days on Market
1,632
Median Sq Ft
$159
Median Price / Sq Ft
3,270
Active Listings
  • This home’s price is 1339% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.

Location

Map showing the location of 10919 E 56th Street, Indianapolis, IN 46235

Points of Interest in Indianapolis, IN

Showing the Indianapolis area map.

Nearby Schools

  • Indian Creek Elementary School

    Elementary · 0.1 mi away

  • Children of America Indianapolis

    School · 0.5 mi away

  • Lawrence Township Schools

    School · 0.5 mi away

  • Sunnyside Elementary School

    Elementary · 1.3 mi away

  • Fall Creek Valley Middle School

    Secondary · 1.5 mi away

  • Winding Ridge Elementary School

    Elementary · 1.5 mi away

  • Winding Ridge Early Learning Center

    School · 1.5 mi away

  • Early Learning Center

    School · 1.5 mi away

  • Public Schools

    Elementary · 1.5 mi away

  • Lawrence Education & Community Center

    School · 1.5 mi away

  • Forest Glen Elementary School

    Elementary · 1.7 mi away

  • Metropolitan School District of Lawrence Township

    Secondary · 1.7 mi away

  • Oaklandon Elementary School

    Elementary · 1.8 mi away

  • Pla@103

    School · 1.9 mi away

  • Turning Point Schools

    School · 2.1 mi away

  • Andrew J Brown Academy

    School · 2.3 mi away

  • Francis Scott Key School 103

    School · 2.4 mi away

  • Love Two Learn Child Care

    School · 2.5 mi away

  • Wee Care Preschool & Kindergarten

    School · 2.7 mi away

  • Francis Bellamy Elementary School

    Elementary · 2.7 mi away

Commute Calculator

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Nearby Homes

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Moving Cost Estimate

EXIT Agents in Indianapolis

Listing Courtesy: Indy Crossroads Realty Group - joebuttlerrealtor@gmail.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. 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.

Last Updated: 2025-10-15

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Data provided by MIBOR. MLS® Listing#22062385. © 2026EXIT Realty®. All rights reserved.