358 W 29th Street
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358 W 29th StreetIndianapolis, IN 46208


Active
$499,900
Asking Price
0.11
Ac Lot

358 W 29th Street Indianapolis, IN 46208


Commercial LandProperty Type
414 daysTime on Dwellane
$4,544,545Price per acre
Discover a unique investment opportunity in the heart of Indianapolis! This expansive property comprises five adjacent lots on the city's west side, close to major interstates and the beloved Children's Museum. Each lot measures 40 ft x 138 ft, offering a combined total of 27,600 sq. ft. Whether you're envisioning a new residential community, multifamily housing, or commercial development, these lots provide the perfect canvas. Currently zoned residential, the location and potential make rezoning for commercial or multifamily purposes a straightforward process. The properties include 344 W 29th St, 346 W 29th St, 350 W 29th St, 354 W 29th St, and 358 W 29th St. This is your chance to create something extraordinary in a prime, high-demand area. Don't wait-seize this investment opportunity today!

Approximate location on a geospatial gridEast Indy
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Buyer Blueprint

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City

Indianapolis

Type

Commercial Land

Neighborhood

Fall Creek Corridor

County

Marion

Lot Size

0.11 ac / 4,792 sqft

Connect with a Dwellane Agent

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

Listing Agent

Charlene Gaard
317-440-2149

Co-Listing Agent

Robert Gaard
317-445-1095

Listing Provider

No Limit Real Estate, LLC

MLS #

21980902

Source

MIBOR as distributed by MLS GRID

Last Modified

Sun Jun 29 2025

Listed on

Thu May 23 2024


Property History

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Fall Creek Corridor

Approximate location on a geospatial gridEast Indy
Fall Creek Corridor media

The Fall Creek Corridor spans a collection of historic and evolving neighborhoods along the Fall Creek waterway, connecting some of Indianapolis’s most recognizable landmarks with everyday community spaces. This stretch includes Fall Creek Place, Mapleton-Fall Creek, Herron-Morton Place, and Kennedy-King — each with its own character, mix of housing, and neighborhood anchors. The Fall Creek Greenway is a central thread, offering a scenic multi-use trail system for walking, biking, and connecting to the Monon Trail and White River paths. Along the way, residents encounter curated green spaces like the Fall Creek Place Arboretum, Craig Kids Memorial Park, George E. Kessler Park, and the serene Watson Road Bird Preserve, each contributing to a lifestyle rich in outdoor access.

This area is also home to many cultural, educational, and community-driven institutions. The Children’s Museum of Indianapolis anchors the west end of the corridor, while performance spaces like Footlite Musicals and the historic Martin Luther King, Jr Park — home to the Landmark for Peace Memorial — highlight the region’s deep cultural roots. Herron High School, St. Richard's Episcopal School, and Ivy Tech Community College serve local families and students, while nearby institutions like Tabernacle Presbyterian Church and CITYOGA School of Yoga and Health offer space for connection and wellness. Crown Hill Cemetery, one of the largest cemeteries in the country, is both a historic site and popular destination for walking and events.

The food and drink scene continues to expand, with local favorites like Blue Mind Coffee, Goose the Market, and PROVIDER Coffee & Cocktail Lounge offering go-to options for neighbors and visitors alike. Dining spots such as Kountry Kitchen, Tinker Street, Bocca Restaurant, MashCraft Brewing, and Baby’s Indy reflect the corridor’s range of tastes and atmospheres. You’ll also find Gather 22 for brunch and art, Foundry Provisions for coffee and community events, and new venues like West Fork Whiskey Co. bringing energy to the area. For books and local culture, Loudmouth Books adds a literary presence. Altogether, the Fall Creek Corridor offers a location that’s connected, walkable, and full of places to explore—whether you’re enjoying a trail run, catching a show, or meeting friends for coffee.

Neighborhood Features

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