Offers/bids are due no later than January 31st, 2025

Lots for sale and assignment

4146 Palermo Garden Drive, Indianapolis, IN

Click here to download the Offering Memorandum

Property overview

Avison Young has been retained by Beazer Homes Indiana LLP on an exclusive basis to arrange for the offering and sale of 168 duplex lots located in the low-maintenance lifestyle community of Palermo Gardens, a residential subdivision in Franklin Township, Indianapolis, IN. Palermo Gardens is located 21 minutes outside of Downtown Indianapolis, IN and boosts easy access to I-74 and I-465. 

As of April 15, 2025, the Seller will own 60 lots with the remaining 108 under contract to purchase in accordance with the takedown schedule. Currently 38 of these additional lots are complete and awaiting closing. The additional lots have a closing cadence of ten lots per quarter, with the most recent closing occurring on January 2 and the next closing scheduled for April 15, 2025. 

The Seller owns an additional ten lots with move-in-ready spec homes, which are excluded from this offering. 

Key Facts

Palermo Gardens is a low-maintenance lifestyle community

168 duplex lots
Residential (D5II) zoning

Franklin Township Community School Corporation

Siteplan

map

Demographics

1 Mile
3 Mile
5 Mile
Population
3,593
28,240
85,585
Median age
34.3
35.9
37.3
Average household size
3.2
2.9
2.8
Median home value
$278,585
$246,319
$224,824

Location Map

Team

Stan Burton

Stan Burton

Vice President
Avison Young - US - IN - Indianapolis
+1 317 210 8814
Zach Burton

Zach Burton

Associate
Avison Young - US - IN - Indianapolis
+1 317 210 8806