Its modern boundaries are I-264 to the north, Taylor Boulevard to the west, Southern Parkway and Southland Boulevard to the south, and Third Street, Allmond and Louisville Avenues to the east.
The park, purchased by Louisville Mayor Charles Donald Jacob in 1889 and completed in 1893, was connected to the city by Southern Parkway (originally called Grand Boulevard), in a master plan designed by Frederick Law Olmsted.
Much like Shawnee Park spurred development in the Shawnee neighborhood, Iroquois Park contributed to making Beechmont a desirable suburb as it was developed in the 1890s.
Due to its relative distance from Louisville, it was originally intended as a summer neighborhood for the wealthy, and was a part of the city of Highland Park - which incorporated in 1890.
The neighborhood expanded slightly as new developments were built after World War II.