426 E  16th St, Indianapolis, IN 46202
FOR SALE
0.4 ACRES

426 E 16th St
Indianapolis, IN 46202

Near Northside

    $395,000

    Original price: $425,000
    Est. Mortgage $2,370/mo*

    $395,000

    Original price: $425,000
    Est. Mortgage $2,370/mo*
    (on 0.40 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Prime development opportunity located at the corner of 16th Street and Central Avenue in the highly desirable Herron-Morton Place Historic District of Downtown Indianapolis. Positioned in a high-visibility, high-traffic area with strong walkability, this site offers excellent access to Mass Ave & The Bottleworks District as well as many other Downtown attractions. At this price and location, this property is an ideal opportunity for investors or developers looking to bring a unique vision to one of the city's most vibrant and growing neighborhoods!

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 426 E 16th St

    Active Status

    MLS Status: Active

    Exterior Features

    Frontage
    Road Frontage: City Street, Frontage Road, Street CutsRoad Surface Type: Asphalt, Concrete
    Water & Sewer
    Sewer: Other
    Farm & Range
    Horse Amenities: None
    Surface & Elevation
    Topography: Cleared, Level

    Days on Market

    Cumulative Days on Market: 297Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New Construction
    Property Information
    Parcel Number: 490636158212000101

    Price & Status

    Price
    List Price: $395,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: IndianapolisCommunity: Allen & Roots North
    School Information
    High School District: Indianapolis Public Schools

    Agent Information

    Listing Agent
    Listing ID: 22049621

    Lot Information

    Lot Area: 0.40 acres

    Listing Info

    Special Conditions: Historic District, Other

    Miscellaneous

    Mls Number: 22049621
    Last check for updates: about 5 hours ago
    Listing Provided by: Tommy Johnson, (812) 525-2886
    @properties
    Source: MIBOR as distributed by MLS GRID, MLS#22049621

    Market trends in Indianapolis

    Last updated April 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $224K
    $4.33K
    MoM
    Sale-to-List Price
    98.4%
    0.1%
    MoM
    Price per sq ft
    $134
    $4
    MoM
    Available listings
    3617
    359
    MoM

    Price History for 426 E 16th St

    DatePriceEventSource
    05/01/2026$395,000PriceChange
    MIBOR as distributed by MLS GRID #22049621
    01/23/2026$425,000PriceChange
    MIBOR as distributed by MLS GRID #22049621
    07/12/2025$475,000Listed For SaleMIBOR as distributed by MLS GRID #22049621

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    Comparable Sales for 426 E 16th St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.33
    Lot/Land
    $94,500
    05/07/26
    -
    -
    0.41
    Lot/Land
    $77,000
    06/02/26
    -
    -
    0.42
    Lot/Land
    $65,000
    06/03/26
    -
    -
    0.54
    Lot/Land
    $149,000
    02/23/26
    -
    -
    0.50
    Lot/Land
    $47,530
    12/18/25
    -
    -
    0.53
    Lot/Land
    $167,500
    10/30/25
    -
    -
    0.54
    Lot/Land
    $162,500
    01/15/26
    -
    -
    0.74
    Lot/Land
    $162,500
    07/28/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 426 E 16th St.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    Neighborhood Overview

    Neighborhood stats provided by third party data sources.

    What Locals Say about Near Northside

    At least 68 Trulia users voted on each feature.
    • 98 % Say it's dog friendly

    • 97 % Say there are sidewalks

    • 94 % Say it's walkable to restaurants

    • 89 % Say parking is easy

    • 77 % Say car is needed

    • 76 % Say there's holiday spirit

    • 76 % Say streets are well-lit

    • 74 % Say yards are well-kept

    • 68 % Say neighbors are friendly

    • 65 % Say people would walk alone at night

    • 59 % Say it's walkable to grocery stores

    • 56 % Say kids play outside

    • 53 % Say they plan to stay for at least 5 years

    • 46 % Say it's quiet

    • 46 % Say there's wildlife

    • 41 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Nvhnc7btp8
      "Excellent schools and park in historic Herron-Morton Place. Lots of families with children and pet families. Family and pet friendly restaurants, ice cream shop and other food and beverage amenities as well"
    • Trulia User
      "There are numerous festivals and public events. The Pacers and the Colts play here. And the is the Indy Fever that also play at the field house. "
    • Trulia User
      "I lived in this neighborhood for 3.5 years. My kids enjoyed riding their bikes and playing in the triangle park. And, the neighbors are super friendly."
    • Trulia User
      "The History of Herron makes this a unique upscale classy neighborhood to live in . Peaceful Serine Beautiful we look forward to residing in this Community"
    • Sanematsu
      "I’ve lived here for 13 years. Love the big city feel. Shawn Grove Park is great for the kids. You can walk to the library. More coffee places and restaurants have been popping up. It’s one of the best spots in Indy IMHO "
    • Scott.joe.williams
      "Lots of dog walking. Only a handful of times have I seen someone walking without a leash. Most people are respectful with their animals. "
    • Luke M.
      "There are lots of well maintained sidewalks that are ideal for dogs to walk on. There are not too many cars that drive down the streets between college and central, and central and Delaware. "
    • Ekelley.barkey
      "Locally owned restaurants to meet other neighbors. We love walking to dinner or out for drinks. A quick Uber/lyft ride to popular downtown spots. Great neighborhood for running or walking your dog. Great seasonal events in nearby parks with live music and vendors. "
    • Loubags01
      "This is a very kid friendly neighborhood. You’ll see children riding bikes with their parents & trying their hand at becoming young entrepreneurs with lemonade stands. All of the local eateries also cater to the kiddos. "
    • Mberardi525
      "Rotating Socials at neighbors, July neighborhood wide yard sale. Yearly neighborhood clean-ups. Social events at local businesses after hours. "
    • Loubags01
      "There are great private schools for children of all ages around us. The sidewalks are always full of families walking dogs & pushing strollers with older children walking or riding along on their bikes. Parents have meet ups in the parks & our HOA has fantastic family activities including Easter egg hunts & we close down Talbott St during the 4th of July to watch the Indianapolis fireworks in the street. "
    • Jason
      "I wouldn’t consider the Old Northside a child friendly area. It’s great for urban minded older people."
    • Reddadday01
      "Public Transportation is good, however you do need a care for shopping and commuting out of downtown "
    • Reddadday01
      "The area is mixed however condos are running around 150K on up apartment rent is around $1000.00 a month South of 16th Street "
    • Shelly S.
      "Old Northside Treasure Hunt and a variety of different activities like porch parties, halloween and summer picnic"
    • Audrea F.
      "The commute from my neighborhood to the downtown and Broad Ripple areas is very easy and traffic is typically light. "
    • Byron R.
      "I've lived over here for about four years, and the people in this neighborhood are friendly. I feel safe when I am out walking after dark. I wish I had a dog to really fit in cause I love to see people walking their dogs around."
    • Emkemp
      "I have lived in the neighborhood for over 7 years. There are so many new places to walk to now. It's great to meet with up with friends nearby."
    • Shelly S.
      "Proximity to downtown with neighborhood feel. Great neighbors connected community.old houses modern living."
    • Corrnd
      "I've lived in Fall Creek Place for 7 years. It's very walkable to local amenities, with good connectivity into downtown and an interesting mix of new and historic homes."
    • Mberardi525
      "Great old home architecture. Friendly people. Not too much traffic. Lots of people out jogging or walking dogs. Can ride your bike anywhere downtown. "

    LGBTQ Local Legal Protections

    Tommy Johnson, @properties
    Agent Phone: (812) 525-2886
    Based on information submitted to the MLS GRID as of 2026-06-06 05:28:02 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
    426 E 16th St, Indianapolis, IN 46202 is a lot/land. 426 E 16th St is located in Near Northside, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jul 12, 2025. The MLS # for this home is MLS# 22049621.