This piece of land is directly adjacent to downtown and has been appreciating rapidly and most everyone agrees that this land will certainly hold value and likely increase.

A little about me:I am from Grand Rapids, MI, but I currently work and reside in NYC.

While most neighborhoods in Indianapolis are rapidly changing, some are further behind than others.

Being from Grand Rapids I started investing there about 2 years ago and the prices are starting to climb a lot since then but you can still find very good returns.

The area is growing rapidly so you are in a good place to start your real estate business. 

I am a Grand Rapids local investor primarily doing BRRRR deals.

We are looking to move back to the Grand Rapids area in the near future.

Also, when I looked up the property, the landmarks that the mother-in-law suite is on isn't the same zoning line as the main house and deplex, but all 3 properties use the same drive way to the back parking lot which is really confusing.My question is... what could be the reason the owner is dropping the price so rapidly?

Spot The Outlier - Seattle Home Prices Go Vertical As Laundered Chinese Money Flows InAs The Seattle Times points out today, Seattle's sudden surge in home prices is the market's most rapid ascent since just before the housing bubble collapsed a decade ago. 

Rapid rent increases.