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$49,900 Just Listed
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Property Description
Welcome to a rare opportunity to claim 1.18 acres of Florida freedom at 292 N Indianapolis Ave in Hernando. Nestled between two established homes in a quiet residential setting, this spacious parcel offers the breathing room that is becoming increasingly hard to find-and the flexibility to shape it around the life, home, or investment vision you have in mind. In Citrus County, where the average lot is approximately .35 acre, this oversized homesite delivers more than three times the space to dream bigger. Design a custom residence with room to spare, create a seasonal retreat with room for guests, or explore future investment possibilities, subject to applicable zoning and permitting. With utilities nearby and a beautiful natural setting, the groundwork is here for a property that feels private, practical, and distinctly yours. This high-and-dry parcel provides generous space for the features that turn a house into a lifestyle: a sparkling pool, detached garage or workshop, lush garden, outdoor entertaining area, and dedicated room for the RV, boat, toys, or equipment that should not have to compete for driveway space. There is room to plan thoughtfully, build comfortably, and enjoy the kind of everyday elbow room that tighter lots simply cannot offer. Location adds another layer of value. Enjoy the relaxed, outdoors-forward lifestyle Citrus County is known for, with lakes, scenic trails, golf, and small-town charm all within easy reach. Tsala Apopka Lake is just minutes away for boating, fishing, and waterfront recreation. The Withlacoochee State Trail invites cyclists, runners, and nature lovers to get outside, while the inviting downtowns of Hernando and Inverness bring local dining, shops, community events, and timeless Florida character close to home. Convenient connections to US-41 and FL-44 keep daily errands, regional travel, and nearby destinations within reach. No HOA. No CDD. No cookie-cutter limitations dictating every detail of your plans. Just a rare 1.18-acre canvas, established residential surroundings, utilities nearby, and the space to create something meaningful from the ground up. This is the kind of parcel that lets your priorities lead the design-not the other way around. Want a wide driveway, a true backyard, space between you and the neighbors, or a place where weekend projects have a home of their own? This lot gives those ideas a legitimate place on the site plan. Build now, hold for later, or create a legacy property that reflects your standards from day one. Whether your next chapter calls for a custom estate, a peaceful Florida escape, or a strategic land acquisition, this parcel gives you the one thing buyers cannot manufacture later: land. The possibilities are wide open, but parcels with this kind of scale are not. Secure your piece of Citrus County's future and start building the vision today.
Full Property Details
Full Property Details for 292 N Indianapolis Ave
General
- Price: $49,900
- Taxes: $350 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6419947
- Updated: Today (6/25/2026)
- Added to Site: Today
Location
- Area: 34442 - Hernando
- County: Citrus
- Development Name: 34442 - Hernando
- Subdivision: CITRUS HILLS 1ST ADD
- Driving Directions: Heading East on SR 44 Turn Left onto South Thayer Ave, Right onto West Quince St, Left onto North Indianapolis Ave. Lot is on the Left
School Information
- Elementary School: Forest Ridge Elementary School
- Middle School: Lecanto Middle School
- High School: Lecanto High School
Community
- Community Name: 34442 - Hernando
Utilities
- Sewer: Septic Needed
- Water: Well
- Utility Description: Electricity Available, Other
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 1.18
- Lot Size (Sq. Ft.): 51,222
- Lot Size: 1.1759
- Lot Dimensions: 150 x 338
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $42,288
- Tax Amount: $350.27
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CITRUS HILLS 1ST ADD PB 9 PG 73 LOT 13 BLK 57
- Flood Zone Info: X
- APN: 19E18S180110005700130
- Property ID: 19E18S180110005700130
- Block/Lot/Section: 57
Listed by Lpt Realty, Llc
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Schools
Schools serving 292 N Indianapolis Ave
School District:Citrus County School District
| Name | Grades | Distance |
|---|---|---|
Forest Ridge Elementary School 2927 North Forest Ridge Boulevard, Hernando, FL 34442 | PK-5 | 2.6 mi |
Citrus Virtual Instruction Program 1007 West Main Street, Inverness, FL 34450 | K-12 | 6.4 mi |
Lecanto Middle School 3800 West Educational Path, Lecanto, FL 34461 | 6-8 | 4.4 mi |
Lecanto High School 3810 West Educational Path, Lecanto, FL 34461 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 292 N Indianapolis Ave
Date
Details
Price
Change
Source
6/25/2026
Listed
$49,900
27.95%
MLS
8/18/2025
Sold
$39,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 292 N Indianapolis Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$350
14%
$31,000
5%
2024
$306
12%
$29,500
16%
2023
$274
64%
$25,500
124%
2021
$167
-21%
$11,390
-34%
2022
$211
26%
$17,250
8%
2021
$167
-11%
$15,950
28%
2019
$187
8%
$12,500
9%
2018
$173
3%
$11,480
—
2017
$168
1%
$11,480
—
2016
$167
18%
$11,510
37%
2015
$141
-3%
$8,410
—
2014
$146
-5%
$8,415
-3%
2013
$153
—
$8,670
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 292 N Indianapolis Ave
292 N Indianapolis Avenue, Hernando, FL 34442 (MLS# O6419947) is a Lots/Land property with a lot size of 1.18 acres. 292 N Indianapolis Avenue is currently listed for $49,900 and was received on June 25, 2026. Want to learn more about 292 N Indianapolis Avenue? Do you have questions about finding other Lots/Land real estate for sale in Hernando? You can browse all Hernando real estate or contact a Coldwell Banker agent to request more information.

