$200,000
Original price: $100,000
511 E Main St, Westfield, IN 46074
Est. Mortgage $1,260/mo*
Get Pre-QualifiedHome Highlights
Property Type
Lot/Land
Lot Size
0.4 acres
Local Information
-- mins to
About this House
Unlock the potential of 511 E Main Street, a strategically positioned property with direct frontage along Indiana State Road 32 (E Main Street). Offering excellent visibility, convenient access, and a location just minutes from downtown Westfield, this property presents an opportunity for an investor, developer, or entrepreneur looking to establish a presence along one of the area's established corridors. Currently zoned LB-H (Local Business - Historical District), the property offers potential for neighborhood-scale commercial, professional office, or mixed-use concepts, subject to zoning, permitting, and applicable historical district requirements. Its prominent location and proximity to Westfield's continued residential and commercial growth make it a property worth exploring for those with a long-term investment or redevelopment strategy. Important Development Consideration: The property is located within a designated floodway and will require appropriate floodway mitigation and regulatory approvals prior to any new construction or development. Buyers should conduct their own due diligence regarding floodplain/floodway requirements, engineering, permitting, costs, timelines, and overall development feasibility.
Last check for updates: about 1 hour ago
Listing Provided by: Miranda Schubert, (317) 989-8251
Weichert REALTORS® Cooper Group Indy
Brittany Stearman, (317) 979-1699
Weichert REALTORS® Cooper Group Indy
Source: MIBOR as distributed by MLS GRID, MLS#22096655

Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 511 E Main St
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MLS Status: Active |
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View Has a ViewView: Trees/Woods |
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Exterior Home Features Other Structures: Tenant House, Shed(s), Barn(s) |
Frontage Road Frontage: FrontageRd, Frontage RoadRoad Surface Type: Gravel |
Farm & Range Horse Amenities: None |
Surface & Elevation Topography: Fill Needed, Flood Plain |
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Cumulative Days on Market: 123Days on Market: 136 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land, Residential Lots |
Building Not a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 291006103003000015 |
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Price List Price: $200,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: WestfieldCommunity: No Subdivision |
School Information Jr High / Middle School: Westfield Middle SchoolHigh School: Westfield High SchoolHigh School District: Westfield-Washington Schools |
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Listing Agent Listing ID: 22096655 |
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Lot Area: 0.40 acres |
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Special Conditions: Flood Plain, Historic District |
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Mls Number: 22096655 |
Around this home
What Locals Say about Westfield
At least 210 Trulia users voted on each feature.
94 % Say it's dog friendly
90 % Say car is needed
90 % Say there are sidewalks
89 % Say parking is easy
85 % Say kids play outside
83 % Say there's holiday spirit
82 % Say yards are well-kept
81 % Say people would walk alone at night
73 % Say it's quiet
66 % Say streets are well-lit
65 % Say there's wildlife
63 % Say neighbors are friendly
62 % Say they plan to stay for at least 5 years
45 % Say it's walkable to grocery stores
45 % Say there are community events
44 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Westfield
Last updated July 2026
Avg. sale price
$487K
$15.83KMoM
Sale-to-List Price
99.8%
0.3%MoM
Price per sq ft
$182
$2MoM
Available listings
226
20MoM
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 |
|---|---|---|---|---|---|---|---|
0.23 | Lot/Land | $315,000 | 10/15/25 | - | - | ||
0.69 | Lot/Land | $175,000 | 06/25/26 | - | - | ||
1.48 | Lot/Land | $80,000 | 10/08/25 | - | - | ||
2.20 | Lot/Land | $240,000 | 10/16/25 | - | - | ||
2.36 | Lot/Land | $80,000 | 05/29/26 | - | - | ||
2.10 | Lot/Land | $1,250,000 | 01/30/26 | - | - | ||
2.53 | Lot/Land | $220,000 | 03/02/26 | - | - | ||
2.24 | Lot/Land | $1,326,000 | 10/16/25 | - | - | ||
2.26 | Lot/Land | $319,000 | 11/12/25 | - | - | ||
2.50 | Lot/Land | $280,000 | 02/06/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.08 | $517,700 | 3 | 2 | 1,248 | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.11 | $473,200 | 3 | 2 | 3,168 | Off Market | |
0.06 | $344,500 | 3 | 2 | 1,300 | Off Market | |
0.10 | $2,700,000 | - | - | - | For Sale | |
0.09 | $399,900 | 3 | 2.5 | 1,766 | For Sale | |
0.09 | $374,600 | 3 | 2.5 | 1,766 | Off Market | |
0.14 | - | - | - | - | Off Market | |
0.16 | $199,900 | 2 | 1 | 840 | Recently Sold | |
0.11 | $435,100 | 3 | 2.5 | 2,101 | Off Market | |
0.12 | $402,900 | 3 | 2.5 | 1,766 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jun 10, 2026 Source: MIBOR as distributed by MLS GRID #22096655 | PriceChange | $200,000 Price increased by 100% |
May 11, 2026 Source: MIBOR as distributed by MLS GRID #22096655 | PriceChange | $100,000 Price decreased by 60% |
Apr 20, 2026 Source: MIBOR as distributed by MLS GRID #22096655 | Listed For Sale | $250,000 |
Feb 23, 2017 Source: N/A | Sold | $5,600 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $275 | $75,800 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Miranda Schubert, Weichert REALTORS® Cooper Group Indy
Agent Phone: (317) 989-8251

Based on information submitted to the MLS GRID as of 2026-09-03 13:03:16 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 511 E Main St
- How big is 511 E Main St?511 E Main St in Westfield, IN is about 0.40 acres (17,424 sq ft).
- What is the price per acre for 511 E Main St?511 E Main St in Westfield, IN is listed at $200,000, or about $500K per acre.
- What do residents say about Westfield?Residents describe Westfield, IN as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Westfield, IN.
- What are the closest schools to 511 E Main St?The closest schools to 511 E Main St in Westfield, IN are Monon Trail Elementary School (rated 6/10), Westfield High School (rated 10/10), Westfield Intermediate School (Elementary, rated 10/10).
511 E Main St, Westfield, IN 46074 is a lot/land. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 20, 2026. The MLS # for this home is MLS# 22096655.

