4018 E Michigan Street Indianapolis, IN ^$ 150,000

4018 E Michigan Street

^$ 150,000

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4018 E Michigan Street

Indianapolis, IN, 46201

^$ 150,000

Studio Baths0.0 Sq 1,466

Monthly Estimate*

^$ 1,048

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Studio

Commercial Property for sale in Indianapolis, IN

for $150,000. This 1,466 square foot building was built in 1914 on a lot size of 0.09.

This 2-story residential property was used in conjunction with the Frost Upholstery business. Some flooring includes cherry hardwood, lots of natural lighting and a detached garage. This is a perfect fix and flip opportunity located in Tuxedo Park and 3 miles from the heart of downtown Indianapolis. The ideal buyer can buy these two properties as a package or purchase the two parcels separately. Purchase Price for Residential: $150,000 Purchase Price for the Package: $449,000

Commercial Active

Price

^$ 150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,528

Style

Business

Lot Size

0.09

Year Built

1914

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21951727

Features

General

Heating Forced Air

Cooling Central Electric

Utilities Electricity Connected Gas Nearby Sewer Connected Water Connected

Possession Closing

Zoning Commercial General

Garage Spaces 2

Year Built 1914

Stories 2

Township Center NE

Levels Two

Property SubType Business

Tax Year 2021

Current Use Vacant See Remarks

Building Name TUXEDO PARK

County Marion

New Construction N

Property Type Commercial Sale

Subdivision Name Tuxedo Park

Status Active

Directions Use GPS

City Indianapolis

Buyer Agent Compensation 3

High School District Indianapolis Public Schools

MLS Area 4912 - Marion - Center Ne

Lot Size Square Feet 4008

Street Name Michigan

Additional Parcels Y/N N

Days on Market 48

Standard Status Active

Tax Lot Not Listed

Buyer Agent Compensation Type %

Legal Description Tuxedo Park Add L2 B13

Exterior

Parking Features Detached

Building Area Total 1466

Lot Size Acres 0.09

Interior

Basement (Y/N) Y

Street Suffix Street

* Excluded Features

List By

F.C. Tucker Company

Broker

Annie.Scott@talktotucker.com

Affordability Calculator

$1,175

Per Month

Monthly Principal & Interest: $1,048
Monthly Property Taxes: $127
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$770,659

Percent of Sale Price 414%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044905 Elementary School

4044909 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/22/2023	$150,000	-16.67%	Price Down
11/3/2023	$180,000		Listed Price

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4018 E Michigan Street, Indianapolis, IN, 46201 is a Commercial Property for sale at $150,000 with 1,466 sqft and a lot size of 0.09. 4018 E Michigan Street is a studio with 0.0 baths and was built in 1914. The property's zip code is 46201 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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4018 E Michigan Street

Commercial Property for sale in Indianapolis, IN

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