The Lot 4 You... For Builders, or Buyers, Wanting To Build
The The Herron Morton Place Neighborhood In Downtown Indianapolis, Is A Great Place To Start A New Chapter...
*The Builder/Seller Will Match The Buyer's Agent Commission ("BAC"), In The Buyer's "Buyer Agent Agreement" Up To 3.5%
These Builder/Sellers Encourage & Support The Use Of Buyer's Agents Since They know that not only do Most Buyers Prefer To Be Represented, but they know that Great & Experienced Buyer's Agents, With Tons Of Experience With Homes In Downtown Indy, Will Help Buyers To Set Realistic And Proper Expectations As To Value Of A Property Based On The Quality Of The Neighborhood, The Location, Updates & So Much More. Plus These Same Great Buyer's Agents Can Properly Advise Buyers During Inspections On What Are Considered True "Defects" Per The Purchase Agreement That It's Reasonable To Expect A Seller To Address. So, the Builder/Seller knows that deals. where the Buyer is represented by a Buyer's Agent, are more likely to get closed then sales where Buyers try to represent themselves.
*The Builder/Seller Will Pay Up to 3.5% BAC Provided That The Buyer's Agent Agreement Is Dated Before The First Showing Date AND The Buyer's Agent Agreement Has Not Been Amended, Either Before Or After The First Showing Date, To A Greater BAC Than Initially Agreed To By The Agent and The Buyer(s). In The Event The Buyer's Agent Agreement Has been Amended, Either Before Or After The First Showing, Then The Builder/Seller Will Only Pay 3.5% BAC, Or The Initial BAC Before Any Amendments, Whichever Is Less. Upon Request Before Closing The Buyer(s) And/Or The Buyer's Agent Must Provide A Copy Of the Executed Buyer's Agent Agreement, For This Buyer Including All Amendments, To The Listing Agent And The Builder/Seller. Failure To Provide Such A Copy When Requested Means The Builder/Seller Will NOT Pay Any BAC At All, And The Buyer(s) Will Be 100% Responsible For Paying All Of The BAC Owed To Any Buyer's Agent.
NOTE...
Mitch Considers Dual Or Limited Agency Unethical, And It's Illegal In Many States. So, As The Listing Agent Mitch Does Not Ever Represent Both A Seller & A Buyer On The Same Property At The Same Time! Because Of This Mitch Gives His Own Buyers, And Buyers Who Are Not Already Working With A Buyer's Agent, Ways That They Can Typically Save Some Of The Dollars That The Builder/Sellers Would Otherwise Pay To An Existing Buyer's Agent.
This Property Is Currently Under Contract
Reach Out To Mitch And See If It's Worth Your Time To Submit A Backup Offer On This Property
These Sellers Encouraged and Supported The Use Of Buyer's Agents Since They Know Most Buyers Prefer To Be Represented. Great and Experienced Buyer's Agents, With Tons Of Experience With Properties In Downtown Indy, Will Help Buyers To Set Realistic And Proper Expectations As To Value Of A Property Based On The Builder and The Quality Of The Construction, The Neighborhood/Community, The Location Within A Neighborhood, Deeded Parking, Updates and So Much More. Plus These Same Great Buyer's Agents Can Properly Advise Buyers During Inspections On What Are Considered True "Defects" Per The Purchase Agreement That It's Reasonable To Expect A Seller To Address.
NOTE...
Mitch Considers Dual Or Limited Agency Unethical, And It's Illegal In Many States. So, As The Listing Agent Mitch Does Not Ever Represent Both A Seller & A Buyer On The Same Property At The Same Time! Because Of This Mitch Gives His Own Buyers, And Buyers Who Are Not Already Working With A Buyer's Agent, Ways That They Can Typically Save Some Of The Dollars That The Sellers Would Otherwise Pay To An Existing Buyer's Agent.
As your Greater Indianapolis Real Estate Experts, we'd like to welcome you to the neighborhood! With so much to see and explore, there are a hundred reasons to love the Fall Creek Place neighborhood, and even more reasons to build a home here!
GREAT LOTS TO BUILD ON ARE RARELY AVAILABLE THESE DAYS IN
DOWNTOWN INDY'S, WEST OF COLLEGE AVENUE, NEIGHBORHOODS
OF FALL CREEK PLACE, HERRON MORTON PLACE & THE OLD NORTH SIDE!
2057 N TALBOTT STREET... IN ARGUABLY THE BEST DOWNTOWN NEIGHBORHOOD
With The Right Decisions Everything Fits Together…
Whether you're buying or building your 1st home or your 10th, or you are a seasoned real estate builder or investor, buying and building should be an exciting experience. After all, you're not simply purchasing a property or a building; you're finding a niche in a community where you or your client's will belong, a place that will truly feel like home. And, when you team up with Mitch, he'll make finding or building the House, Condo or Townhouse of your dreams... A Dream Come True!
THIS IS YOUR CHANCE TO BUILD IN HERRON MORTON PLACE
2057 N Talbott Street, Indianapolis, IN 46202
A 3,746 SQUARE FOOT RESIDENTIAL LOT - .09 ACRES Zoned D8
What's Included In The Dwelling District Eight (D-8)
The D-8 district is intended for a variety of housing formats, with a mix of small-scale multi-unit building types. This district can be used as a part of new mixed- use areas, or for infill situations in established urban areas, including medium and high-density residential recommendations of the Comprehensive Plan, and the Traditional Neighborhood, City Neighborhood, and Village or Urban Mixed-Use Typologies of the Land Use Pattern Book.
THE CONCEPTUAL PLANS, REFERENCED IN PHOTOS, REFLECT WHAT IHPC AND THE NEIGHBORHOOD HAVE ALREADY APPROVED
Upon Request In The Purchase Agreement, For additional $1,500, The Seller Will License Construction Of This Plan On This Lot And Transfer The IHPC COA/Approval To The Buyer(s). Keep In Mind That The COA/Approval Applies To The Footprint And Elevations ONLY And The Interior Of The Plan Can Be Tweaked.
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What's Nearby To This Lot
Just when you thought all of the good lots were gone — 2057 N Talbott will catch your attention!
2057 NORTH TALBOTT STREET IS A GREAT LOT AND AN OPPORTUNITY THAT YOU WON'T WANT TO MISS!
Since 2020 In Herron Morton THE AVERAGE NEW CONTSTRUCTION HOUSE HAS SOLD FOR OVER $849,000, PLUS WITH AN AVERAGE CLOSED NEW SALES PRICE IN THE LAST YEAR ALONE OVER $957,000, It's Clear THIS NEIGHBORHOOD IS HOT, VIBRANT, DESIRABLE, AND GROWING.
Whether You're An INVESTOR SEEKING A HIGH-RETURN BUILD, PLANNING YOUR PERSONAL DREAM HOME, OR JUST WANT TO SECURE A LOT NOW FOR FUTURE PLANS, THIS .09-ACRE LOT (36' X 107') WITH MATURE TREES IS A RARE OPPORTUNITY That Deserves Serious Consideration.
Some Of The Perks Of This Location Include...
NO HOA FEES, SELECT YOUR PREFERED BUILDER, CONVIENENT WEST/EAST FACING ELEVATED LOT THAT SUPPORTS OPTIMAL INTERIOR NATURAL LIGHT AND IS ONLY 7 MINUTES TO MONUMENT CIRCLE, IU LAW And MED SCHOOLS, And EVEN CLOSER TO THE EXPANDING METHODIST HOSPITAL CAMPUS | 2 MINUTES TO HERRON HIGH SCHOOL And OAKS ACADEMY LOWER SCHOOL, 5 MINUTES TO OAKS MIDDLE SCHOOL. ENJOY TINDER STREET, FOUNDRY PROVISIONS, GOOSE THE MARKET, MASHCRAFT, BABY'S And OTHER NEARBY FAVORITES ALL A HOP, SKIP And JUMP AWAY ALONG WITH BEING MOMENTS FROM MASS AVE/THE BOTTLEWORKS DISTRICT FOR TOP DINING/ENTERTAINMENT. QUICK ACCESS TO THE MONNON And FALL CREEK TRAILS FOR EASY CONNECTIONS TO MIDTOWN, BROAD RIPPLE, And BEYOND | QUICK 25-30 MIN REVERSE COMMUTE To Hamilton, Boone, Hendricks, Hancock And Johnson Counties. So, WHETHER YOU'RE READY TO BUILD NOW OR LATER, SEIEZE THE CHANCE FOR A GREAT LOT IN HERRON MORTON, While Also OWNING ON TALBOTT STREET... HOME TO THE Herron Morton ANNUAL ART FAIR! This All Makes 2057 TALBOTT A SMART MOVE IN A SOUGHT-AFTER LOCATION!
Note: THE CONCEPTUAL HOUSE PLANS, SHOWN IN THE PHOTOS, REFLECT WHAT IHPC And THE NEIGHBORHOOD HAVE APPROVED. Upon Request For $1,500, The Seller Will License The Construction Of This Plan On This Lot And Transfer The COA/Approval To The Buyer(s). Also Keep In Mind That The COA/Approval Applies To The Footprint And Elevations And The Interior Of The Plan Could Be Tweaked.
See Other Active Listings In This 46202 Zip Code... Search By The Type Of Property, Along With Current Open Houses OR Select Another Area Or Community To Search Below.
Note: Most Areas Have Several Zip Codes, & Some Zip Codes May Also Span Multiple Areas. So, Market Activity Varies Based On Both The Zip Code & The Area. Mitch Advises His Buyers & Sellers Based On The Even More Specific Combination Of Each Neighborhood's & Development's Activity.
Select Below The Type Of This Area's Listings You Want To View:
Some Searches Reflect Properties Priced At $200,000+ & You Can Adjust Search Criteria Based On Your Needs
Some Searches Reflect Properties Priced At $200,000+ And You Can Adjust Criteria Based On Your Needs
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Some Searches Reflect Properties Priced At $200,000+ And You Can Adjust Criteria Based On Your Needs
Find Out About Recent Market Activity If You Are Considering Buying Or Selling!
Generally Speaking What Goes Into The Value Of A Property
1/3 Is About The Property Itself: The Location, Condition, Updates, Bed & Bath Count, Size, Age & All Features
1/3 Is About Similar Places For Sale A Buyer Could Also Buy, At The Same Time, In The Same & Similar Areas
1/3 Is About What Similar Properties, In The Same Or Similar Areas, Have Sold for In The Last 6-12 Months
Real estate values are not like a ten-dollar bill that is worth $10 regardless of if it’s crisp and brand new, or if it’s twenty years old, dirty and torn. Neither the condition of the bill in your hand, the condition of other ten-dollar bills, nor the location of where you are holding the bill will change its value! If the value of real estate was also this precise and exact, just like the value of a dollar bill, then there would frankly be no need for real estate agents!
When you are thinking about buying or selling accurately evaluating the value of a house, townhouse, or condominium is a complex calculation that leverages years of experience and expertise like Mitch has, as one of the Top REALTOR's in the Greater Indy area! So let's start at the very beginning - with the RIGHT price! And the best way to find the RIGHT price is to ask Mitch.
What Is A Greater Indianapolis Property Worth
For Sellers, Get An Even More Precise Valuation Of Your Greater Indy Property, After You Have Completed The 1st Above... Feel Free To Share Additional Details Here
The 4 Most Common Ways To Determine The Value Of A Property, From The Highest Accuracy (4 stars) To The Least Accurate (1 star)

About Mitch
Mitch leverages his local expertise, combined with his meaningful business and life experiences, and decades of professional leadership and growth in the construction and technology industries to contribute to his success as one of Greater Indy's Top REALTORs.
Mitch is committed to helping change the lives of his clients as they start their next chapter, by making it easier, more enjoyable and more profitable for his clients that design, build, buy, and sell their home, condo, townhouse or investment property!