1159 Churchman Avenue, Indianapolis

Opportunity can be heard whispering through the grand old trees adorning the site of this .61AC lot in the heart of Fountain Square, where a once-majestic-mansion remains in the middle of 5 potential building sites, unearthing one of the most interesting redevelopment venues for residential construction in years. While the existing house doesn't look so bad from the outside, the highest & best use is probably to take her down and split up the ground into 5 new lots to host new homes. The city prefers it, the neighborhood supports it, the market craves it; and this is an exceptional site with D5 zoning, offering a variety of exciting options for new construction. Three new lots, approx 44x127 in size, would front Churchman Ave & 2 would front St Paul St. Municipal water, sewer, and electric are already connected on-site, drastically lowering standard development and tap-in fees. ** The Planning Department has specifically stated a replat here would be encouraged! **