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545 E 38th Street Indianapolis, IN $ 129,000
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$ 129,000 Get more info
545 E 38th Street
$ 129,000
Back to search
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545 E 38th Street

Indianapolis, IN, 46205
$ 129,000
Baths0.0 Sq 1,800

Monthly Estimate*

$ 901

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Studio

Commercial Property for sale in Indianapolis, IN

for $129,000. This 1,800 square foot building was built in 1920 on a lot size of 0.06.

Incredible commercial opportunity with high visibility along 38th street. Red line bus station out front. Transit ordinated development to be built on the other side of Park Ave. along 38th. Comes with two parcels. The building sits on one parcel and the other has ample off street parking. The building was used as pharmacy in the 1960s and later a flower shop and hair salon. Currently, the main level has flexible space to build out for your business. Dry half basement is ideal for storage. Upstairs is currently configured as a studio apartment. New roof installed on bump out in 2022. HVAC system in working condition.

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Commercial Active

Price

$ 129,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,642

Style

Mixed Use

Lot Size

0.06

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21937234
Features
General
Cooling Central Electric
Utilities Electricity Connected
Possession Negotiable
Zoning Residential
Year Built 1920
Stories 2
Township Center NE
Levels One and One Half
Property SubType Mixed Use
Tax Year 2021
Current Use Vacant
Building Name MARION HIGHLANDS
County Marion
New Construction N
Property Type Commercial Sale
Subdivision Name Marion Highlands
Status Active
Directions South side of 38th St.
City Indianapolis
Buyer Agent Compensation 3
Disclosures Not Applicable
High School District Indianapolis Public Schools
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 2597
Street Name 38th
Additional Parcels Y/N Y
Days on Market 126
Standard Status Active
Tax Lot 57
Buyer Agent Compensation Type %
Legal Description Marion Highlands 61Ft E End L57 Ex Tri Tr Ne Corfor St
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Exterior
Parking Features Common
Building Area Total 1800
Lot Size Acres 0.06
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Interior
Basement (Y/N) Y
Street Suffix Street
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* Excluded Features
List By
Thompson Home Sales

Broker

chad@thompsonhomesales.com

Email

Affordability Calculator

$1,121
Per Month
80%
20%
0%
Monthly Principal & Interest
$901
Monthly Property Taxes
$220
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2024$129,000 -13.94% Price Down
10/17/2023$149,900 -5.13% Price Down
8/28/2023$158,000 -7.00% Price Down
8/11/2023$169,900 Listed Price

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545 E 38th Street, Indianapolis, IN, 46205 is a Commercial Property for sale at $129,000 with 1,800 sqft and a lot size of 0.06. 545 E 38th Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 46205 which is in Indianapolis, IN

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