# 1032 and 1040 S East Street, Indianapolis, IN 46225

> **TL;DR:** land, $379,900. Est. $1,646/mo. Listed 45 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $379,900 |
| Lot Size | 14,810 sqft (0.34 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 45 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,646 |
| **Total** | **$1,646** |

## Property Highlights

- 0.34 acre lot

## Description

### Agent Description
Situated on a highly visible hard corner adjacent to Interstate 70, this 0.34-acre parcel offers exceptional access and exposure in the heart of a rapidly developing area. Previously zoned C-5 and recently rezoned to D-8 to support multifamily development, the property presents a versatile opportunity for office, retail, apartment, or condominium use. With excellent visibility, convenient access, and close proximity to downtown Indianapolis and Fountain Square, this site is well positioned for a wide range of commercial or residential development concepts.

## Location

- **Address:** 1032 and 1040 S East Street, Indianapolis, IN 46225
- **County:** Marion
- **Neighborhood:** Hilgemeier & Muegges Sub
- **Coordinates:** 39.75274, -86.150229
- **Google Maps:** https://www.google.com/maps?q=39.75274,-86.150229

## Listing Agent

- **Name:** Keith Turnbill
- **Brokerage:** RE/MAX Advanced Realty
- **Phone:** (317) 298-0961
- **Email:** turnbillk@gmail.com

## Primary Photo

![1032 and 1040 S East Street - Primary Photo](http://lh.rdcpix.com/54e425289b653b08fa28b27ed89a6d89l-f3696874677r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/1032-and-1040-s-east-street-indianapolis-in-46225-22101882)*

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**MLS#:** 22101882 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. 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.com/listing/1032-and-1040-s-east-street-indianapolis-in-46225-22101882)

---

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