# 7525 McFarland Boulevard, Indianapolis, IN 46237

> **TL;DR:** land, $2,499,000. Est. $13,365/mo. Listed 43 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,499,000 |
| Lot Size | 326,700 sqft (7.50 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 43 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $12,636 |
| Estimated Insurance | $729 |
| **Total** | **$13,365** |

## Property Highlights

- 7.50 acre lot

## Description

### Agent Description
Prime Multifamily Development Opportunity - 128 Units Approved Excellent location just off Emerson Avenue, with approvals in place for 128 apartment units, including a clubhouse and swimming pool. The property consists of approximately 7.5 acres and is zoned D-6II. Ideally located just minutes from Costco, Greenwood, major highways, shopping, dining, and significant new development throughout the surrounding area. Property Highlights: Approved for 128 apartment units Approximately 7.5 acres D-6II zoning Planned clubhouse and pool Approximately 2 minutes from Costco Convenient access to Greenwood and major highways Strong development activity in the surrounding area Open to an outright sale or Joint Venture (JV) Serious and qualified buyers/investors only.

## Location

- **Address:** 7525 McFarland Boulevard, Indianapolis, IN 46237
- **County:** Marion
- **Neighborhood:** No Subdivision
- **Coordinates:** 39.65840552, -86.08517649
- **Google Maps:** https://www.google.com/maps?q=39.65840552,-86.08517649

## Listing Agent

- **Name:** Ken Yoder
- **Brokerage:** Hoosier REALTORS LLC
- **Broker Phone:** (317) 407-6608
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7525-McFarland-Blvd_Indianapolis_IN_46237_M95918-82283?f=listhub&s=MIBORIN&m=22127118&c=propsimple)

## Photos

![7525 McFarland Boulevard - Photo 1](http://lh.rdcpix.com/d9321822fbd390871ecd96255bb0452cl-f2990404877r.jpg)

![7525 McFarland Boulevard - Photo 2](http://lh.rdcpix.com/d9321822fbd390871ecd96255bb0452cl-f2872866305r.jpg)

---

**MLS#:** 22127118 | **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://staging.propertysimple.ai/listing/7525-mcfarland-boulevard-indianapolis-in-46237-67246f1001ee4f1481c248416de383e7)

---

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