Pending279d on market
421 S Bridgeport Rd
Indianapolis, IN, 46231 • Chapel Hill-Ben Davis • Marion County
$330,000
3.4 acLot
Property DNA
Spring Valley
Chapel Hill-Ben Davis
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
279 days on market
Established listing
About this home
Lot
Come explore this approximately 3.38-acre lot, totaling 147,232.8 square feet, located in a rapidly developing area with strong growth potential. Whether you're looking to build a commercial project, establish a business location, or invest for future value, this property offers a wide range of possibilities. Zoned C1 (Commercial), the lot permits various uses including retail, office space, service-based businesses, and more, making it ideal for entrepreneurs, investors, or developers seeking space in a strategic and high-visibility location. An ALTA/NSPS survey is already on file and will be honored by the seller. Any additional survey needed will be at the buyer's expense. Buyers are encouraged to verify zoning regulations, allowable uses, and utility availability with the local planning department to confirm compatibility with their intended plans. This is a great opportunity to secure a large, versatile commercial lot with ample space to bring your vision to life.
Standout features identified
Our analysis highlights strong growth potential, rapidly developing area, and large versatile commercial lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,067/month
Principal & Interest$1,627
Property Tax$330
Insurance$110
Down payment20% ($66,000)
3%50%
Est. 6.26% rate · 30yr fixed · $264,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerNot Applic
Parking & Outdoor
Lot3.38 Acres
Location & Tax
NeighborhoodChapel Hill-Ben Davis
Zoning13
Annual tax$1,723
Parcel491209131002000900
Features & details
1 category of property features
Exterior Features
Lot Features
See Remarks
Listing insights
Market data and value estimates
StatusPending
Days on market279
Est. rent$1,550/mo
Tax rate0.96%
On marketJul 3, 2025
PostedJul 3, 2025
MLS statusPending
MLS updatedFeb 2, 2026
Tour days6
Views16
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46231
Price history
4 events
DateEventPrice$/sqftSource
Feb 2, 2026Pending Sale$330,000—MIBOR as distributed by MLS GRID
Oct 24, 2025Listed For Sale$330,000—MIBOR as distributed by MLS GRID
Sep 19, 2025Pending Sale$330,000—MIBOR as distributed by MLS GRID
Jul 3, 2025Listed For Sale$330,000—MIBOR as distributed by MLS GRID
Pending Sale$330,000
Feb 2, 2026•MIBOR as distributed by MLS GRID
Listed For Sale$330,000
Oct 24, 2025•MIBOR as distributed by MLS GRID
Pending Sale$330,000
Sep 19, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$330,000
Jul 3, 2025•MIBOR as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 9, 2024$1,722$51,400
Apr 9, 2023$1,722$51,400
Apr 9, 2022$1,902$51,400
Apr 9, 2021$1,902$51,400
Apr 9, 2020$1,902$51,400
Apr 9, 2019$1,722$51,400
Apr 9, 2018$1,722$51,400
Apr 9, 2017$2,336$51,400
Apr 9, 2016$1,722$51,400
Apr 9, 2014$1,542$51,400
Apr 9, 2013$1,542$51,400
Apr 9, 2012$1,542$51,400
Apr 9, 2011—$51,400
Apr 9, 2010$1,220$51,400
Apr 9, 2009$820$51,400
Apr 9, 2007—$130,500
Apr 9, 2006—$149,400
Apr 9, 2005—$126,600
Apr 9, 2004—$126,600
Apr 9, 2003—$126,600
Apr 9, 2002—$56,600
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-08 20:08:10 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](/mls-disclaimers/#48)
No obligation · Same-day response