$395,000
Original price: $425,000
426 E 16th St, Indianapolis, IN 46202
Est. Mortgage $2,426/mo*
Get Pre-QualifiedHome Highlights
Property Type
Lot/Land
Lot Size
0.4 acres
Local Information
- Map ViewExplore the area around 426 E 16th St.
- Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
- Shop & Eat
-- mins to
About this House
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!
Last check for updates: about 4 hours ago
Listing Provided by: Tommy Johnson, (812) 525-2886
@properties
Source: MIBOR as distributed by MLS GRID, MLS#22049621
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 426 E 16th St
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MLS Status: Active |
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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 |
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Cumulative Days on Market: 365Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New Construction |
Property Information Parcel Number: 490636158212000101 |
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Price List Price: $395,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Allen & Roots North |
School Information High School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22049621 |
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Lot Area: 0.40 acres |
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Special Conditions: Historic District, Other |
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Mls Number: 22049621 |
Around this home
- Anna Brochhausen School 88
- PK-5
- Public
- 326 Students
3/10GreatSchools RatingParent Rating AverageThe parent community is very involved at this school and the teachers are top notch! Staff are welcoming and try to match new students with the best classroom for their personality.Principal Review2y ago - Brookside School 54
- PK-5
- Public
- 366 Students
3/10GreatSchools RatingParent Rating AverageThis school is the worst school I've let my children go to they allow bullying, and fighting, and they are allowed to flip desks, throw stuff, Etc.Also, the teachers in this school are very disrespectful to students, my son came to me saying that his teacher yelled at him for not doing his work because someone broke his pencil, he told me he tried to explain to the teacher but she wouldn't let him explain. You also can't learn at this school the kids are way too loud and you can't hear the teacher. There ain't no way my 2 honor roll kids' grades went down that much over 6 months. In my solid opinion, they learn better in 2020 when online school was in effect. So, you won't see me or my kids here next year.Parent Review3y ago - Eliza A. Blaker School 55
- PK-5
- Public
- 301 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Thomas D. Gregg School 15
- PK-5
- Public
- 525 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Arlington Woods School 99
- PK-6
- Public
- 361 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - James Russell Lowell School 51
- PK-5
- Public
- 363 Students
3/10GreatSchools RatingParent Rating AverageThey genuinely do not teach anything here you are expected to learn yourselfOther Review3mo ago - Center for Inquiry School 27
- PK-5
- Public
- 348 Students
4/10GreatSchools RatingParent Rating AverageThis school was amazing the teachers were so nice and kind and they cared about there feelings. I had amazing teachers and friends.Other Review1y ago
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.
Market trends in Indianapolis
Last updated July 2026
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.54 | Lot/Land | $800,000 | 06/12/26 | - | - | ||
0.33 | Lot/Land | $94,500 | 05/07/26 | - | - | ||
0.38 | Lot/Land | $130,000 | 05/01/26 | - | - | ||
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 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $858,200 | 4 | 3.5 | 3,924 | Off Market | |
0.07 | $757,700 | 3 | 3.5 | 3,237 | Off Market | |
0.03 | $725,000 | 4 | 3.5 | 3,570 | For Sale | |
0.04 | $480,000 | 3 | 2.5 | 2,871 | For Sale | |
0.07 | $642,400 | 3 | 3.5 | 2,562 | Off Market | |
0.08 | $610,000 | 3 | 2.5 | 3,072 | Recently Sold | |
0.05 | $526,500 | 3 | 2.5 | 2,595 | Off Market | |
0.09 | $1,139,000 | 4 | 3.5 | 3,200 | Off Market | |
0.10 | $730,000 | 3 | 3.5 | 3,081 | Recently Sold | |
0.10 | $725,000 | 4 | 3 | 4,121 | Recently Sold | |
0.06 | $875,000 | 3 | 3.5 | 3,659 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 1, 2026 Source: MIBOR as distributed by MLS GRID #22049621 | PriceChange | $395,000 Price decreased by 7% |
Jan 23, 2026 Source: MIBOR as distributed by MLS GRID #22049621 | PriceChange | $425,000 Price decreased by 11% |
Jul 12, 2025 Source: MIBOR as distributed by MLS GRID #22049621 | Listed For Sale | $475,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Tommy Johnson, @properties
Agent Phone: (812) 525-2886
Based on information submitted to the MLS GRID as of 2026-08-31 16:23:14 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
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Frequently asked questions about 426 E 16th St
- How big is 426 E 16th St?426 E 16th St in Indianapolis, IN is about 0.40 acres (17,424 sq ft).
- What is the price per acre for 426 E 16th St?426 E 16th St in Indianapolis, IN is listed at $395,000, or about $1.0M per acre.
- What do residents say about the Near Northside neighborhood?Residents describe the Near Northside neighborhood in Indianapolis, IN as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Near Northside, Indianapolis.
- What are the closest schools to 426 E 16th St?The closest schools to 426 E 16th St in Indianapolis, IN are Anna Brochhausen School 88 (Pre-K/Elementary, rated 3/10), Arlington Community Middle School (rated 2/10), Arlington Woods School 99 (Pre-K/Elementary, rated 4/10).
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.