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3248 W Indian School Rd
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$2,000,000

3248 W Indian School Rd, Phoenix

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0 bd·0 ba·0 sqft
1.75 acres lotAlhambra

3248 W Indian School Rd, Phoenix, AZ

0 bd · 0 ba · 0 sqft Land listed at $2,000,000 in the Alhambra neighborhood.

About this home

R-5 permits up to 94 Multi-Family units *** Signalized Access at 33rd Ave/Indian School Rd *** Across the street from Los Altos Ranch Market, Costco, McDonalds, DDs, Krispy Kreme Ross Dress For Less & Chase Bank *** Listing Agent related to Seller entity *** 5 minutes to Grand Canyon University, 10 minutes to Downtown Phoenix, 15 minutes to Sky Harbor Airport *** Ready for new Multi-Family development - LIHTC - located in QCT *** New Indian School/35th Ave/Grand Ave interchange realignment scheduled for summer of 2026 per ADOT.

Property details

Price
$2,000,000
Bedrooms
0
Bathrooms
0
Lot size
1.75 acres
Type
Land
Days on market
146
Est. property tax
$12,400/yr · $1,033/mo · 0.62% AZ avg
Last sold
$1,913,306 · Sep 2014

Estimated monthly payment

Down payment20% ($400,000)
Interest rate6.75%
Principal & Interest$10,378
Property Tax$1,833
Insurance$150
Total$12,361/mo

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Price history

$3.57M$1.93M$281K$3.30M on Mar 09 (Initial list)$555K on Aug 09 (Price change)$555K on Sep 09 (Price change)$1.13M on Feb 14 (Initial list)$1.91M on Sep 14 (Sold)$1.07M on Sep 14 (Price change)$1.05M on Oct 14 (Price change)$1.05M on Jan 15 (Price change)$950K on May 15 (Initial list)$950K on Aug 15 (Price change)$1.81M on Oct 24 (Initial list)$2M on Dec 25 (Initial list)
$3.30M · Mar 09$2M · Dec 25
  1. Dec 1, 2025$2,000,000Initial list price
  2. Oct 8, 2024$1,810,000Initial list price
  3. Aug 8, 2015$950,000Price change
  4. May 1, 2015$950,000Initial list price
  5. Jan 1, 2015$1,050,000Price change
  6. Oct 29, 2014$1,050,000Price change
  7. Sep 3, 2014$1,075,000Price change
  8. Sep 3, 2014$1,913,306Sold
  9. Feb 6, 2014$1,125,000Initial list price
  10. Sep 4, 2009$555,000Price change
  11. Aug 11, 2009$555,000Price change
  12. Mar 8, 2009$3,300,000Initial list price

Location

This home is located in Phoenix, AZ, in the Phoenix / Scottsdale area. Browse more Phoenix listings on the Phoenix market page or explore the full Phoenix market report.

Location

Map of 3248 W Indian School Rd, Phoenix
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Home Intelligence

Neighborhood (zip 85017)

This neighborhood skews young (median age 25.8). 8% hold a bachelor's degree; 44% of homes are owner-occupied; median household income is $50,754.

Median income
$50,754
Median age
25.8
Owner-occupied
44.3%
Bachelor's degree
7.8%
Census median home value
$214,200

Source: US Census Bureau American Community Survey 5-year estimates.

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