# 1040 N Elder Avenue, Indianapolis, IN 46222

> **TL;DR:** land, $29,000. Est. $126/mo. Listed 214 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $29,000 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 214 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $126 |
| **Total** | **$126** |

## Property Highlights

- 0.10 acre lot

## Description

### AI Summary
This land property offers 0 bedrooms and 0 bathrooms on a 0.10 acre lot situated at 1040 N Elder Avenue in the Stouts 10Th St neighborhood of Indianapolis, IN. The lot offers an opportunity to build your own home. It can also be purchased along with the adjacent lot at 1044 N Elder to create a larger parcel. Prospective buyers should note that all due diligence including survey, utility connection information, building codes, and similar matters are the sole responsibility of the buyer. Located in Indianapolis, IN, where the median home price stands at $269,900, this parcel represents an option for those looking to develop property in the area. The listing price is set at $29,000.

### Agent Description
Great opportunity to build your own home! Lot can also be purchased with adjacent lot 1044 N Elder. All due diligence (including survey, utility connection information, building codes, etc.) are the sole responsibility of the buyer.

## Location

- **Address:** 1040 N Elder Avenue, Indianapolis, IN 46222
- **County:** Marion
- **Neighborhood:** Stouts 10Th St
- **Coordinates:** 39.781804, -86.194648
- **Google Maps:** https://www.google.com/maps?q=39.781804,-86.194648

## Listing Agent

- **Name:** Nicole Crouch
- **Brokerage:** Crossroads Realty, LLC
- **Phone:** (317) 514-7959
- **Email:** crossroadsrealty@outlook.com

## Primary Photo

![1040 N Elder Avenue - Primary Photo](http://lh.rdcpix.com/a9f23a8983c04ba6a54c93c2c4ce0430l-f2213864171r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/1040-n-elder-avenue-indianapolis-in-46222-22074721)*

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**MLS#:** 22074721 | **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/1040-n-elder-avenue-indianapolis-in-46222-22074721)

---

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