# 426 E 16th Street, Indianapolis, IN 46202

> **TL;DR:** land, $395,000. Est. $2,112/mo. Listed 480 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $395,000 |
| Lot Size | 17,424 sqft (0.40 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 480 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,997 |
| Estimated Insurance | $115 |
| **Total** | **$2,112** |

## Property Highlights

- 0.40 acre lot

## Description

### Agent 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!

## Location

- **Address:** 426 E 16th Street, Indianapolis, IN 46202
- **County:** Marion
- **Neighborhood:** Allen & Roots North
- **Coordinates:** 39.788669, -86.149895
- **Google Maps:** https://www.google.com/maps?q=39.788669,-86.149895

## Listing Agent

- **Name:** Tommy Johnson
- **Brokerage:** Plat Collective
- **Broker Phone:** (317) 489-3441
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/426-E-16th-St_Indianapolis_IN_46202_M98849-10329?f=listhub&s=MIBORIN&m=22049621&c=propsimple)

## Photos

![426 E 16th Street - Photo 1](http://lh.rdcpix.com/0eaa8af3b25894255b124f35e97234dfl-f3156260295r.jpg)

![426 E 16th Street - Photo 2](http://lh.rdcpix.com/0eaa8af3b25894255b124f35e97234dfl-f3444307079r.jpg)

![426 E 16th Street - Photo 3](http://lh.rdcpix.com/0eaa8af3b25894255b124f35e97234dfl-f1564573529r.jpg)

![426 E 16th Street - Photo 4](http://lh.rdcpix.com/0eaa8af3b25894255b124f35e97234dfl-f2731296090r.jpg)

---

**MLS#:** 22049621 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/426-e-16th-street-indianapolis-in-46202-b97651095ecd43d09296334f13edc870)

---

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