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1915 Madison Avenue Indianapolis, IN 462251915 Madison Avenue Indianapolis, IN 46225

Off Market

$850,000

Asking Price

4.958

Ac Lot

1915 Madison Avenue Indianapolis, IN 46225

Unimproved LandProperty Type

635 daysTime on Dwellane

$242,033Price per acre

I-4 Ground Now Available! Nearly 5 acres, close to 465, 2 parcels included. Heavy Industrial Zoning allows for Truck Parking, Heavy Equipment Storage and Repair, Heavy Manufacturing, Self-Storage, and More! Access off of Caven Street. Survey and Phase II on file.

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City

Indianapolis

Type

Unimproved Land

Neighborhood

Bates-Hendricks

County

Marion

Lot Size

4.958 ac / 215,734 sqft

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Listing Agent

Shelly Johnson

317-883-9125

Co-Listing Agent

Kayla Johnson

317-430-6995

Listing Provider

Keller Williams Indy Metro S

MLS #

21960260

Source

MIBOR as distributed by MLS GRID

Last Modified

Wed Oct 01 2025

Listed on

Thu Jan 18 2024

Photo of Monument Circle in Downtown Indy

Bates-Hendricks

Neighborhood in Southside Indianapolis

Approximate location on a geospatial grid

South Central Indy

Historic

Unique
Architecture

Easy on
the Commute

Connect with a Dwellane Agent

Like what you see? Our trusted agents are ready to help you take the next step.

Buyer Blueprint

The plan that gets you home.

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Bates-Hendricks

South Central Indy

Bates-Hendricks is a historic neighborhood located just south of downtown Indianapolis, bordered by key cultural and entertainment districts like Fountain Square and Old Southside. Originally named after early Indiana leaders Hervey Bates and Thomas Hendricks, the area has long-standing roots, with the Bates-Hendricks House recognized as a landmark on the National Register of Historic Places. Though primarily residential, the neighborhood offers direct access to I-65 and I-70, and its location makes it easy to reach Lucas Oil Stadium, Bankers Life Fieldhouse, and the Indianapolis Cultural Trail.

The neighborhood has seen significant revitalization efforts in recent years, driven in part by local homeowners and the spotlight from HGTV’s Good Bones. These efforts have restored many historic homes and spurred economic activity, including the opening of Two Chicks District Co., a local business offering home goods and a café. While Bates-Hendricks doesn’t have a major commercial center, it’s home to small, beloved spots like Tex Mex Taqueria, Lincoln Lane Coffee Co., and Indy All Night. Local bars like The Vault Indy and Bowhaus Tap Bar add to the social scene.

Outdoor spaces are a key part of life in Bates-Hendricks. Residents enjoy close access to the Pleasant Run Greenway and Garfield Park, a 128-acre public space featuring a conservatory, performing arts center, sunken gardens, and more. Within the neighborhood itself, you’ll find smaller parks like Hendricks Park and Ringgold Park, as well as Indy’s first off-leash dog park through a community partnership. These spaces, combined with active neighborhood engagement and ongoing investment, make Bates-Hendricks a community with both character and connectivity.

Neighborhood Features

Historic

Unique
Architecture

Easy on
the Commute

Foodie
Favorites

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