2950 Madison Avenue Indianapolis, IN ^$ 219,900

2950 Madison Avenue

^$ 219,900

Back to search

2950 Madison Avenue

Indianapolis, IN, 46225

^$ 219,900

Studio Baths0.0 Sq 819

Monthly Estimate*

^$ 1,536

2950 Madison Avenue, Indianapolis, IN 46225 - Image 1

2950 Madison Avenue, Indianapolis, IN 46225 - Image 2

2950 Madison Avenue, Indianapolis, IN 46225 - Image 3

2950 Madison Avenue, Indianapolis, IN 46225 - Image 4

Studio

Commercial Property for sale in Indianapolis, IN

for $219,900. This 819 square foot building was built in 1993 on a lot size of 0.35.

.35+/- acres on the northwest corner of Madison Avenue and Troy Avenue. This former Rallys offers an 819+/- square foot building and a nice sized parking lot with great frontage and visibility. Nearly 20,000 cars per day drive by this location. With some TLC, this could be a great location for a car lot or other retail use. This property is 3 miles from downtown and offers great zoning.

Commercial Pending

Price

^$ 219,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,852

Style

Retail

Lot Size

0.35

Year Built

1993

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21971571

Features

General

Utilities Electricity Connected Sewer Connected Water Connected

Possession Closing

Zoning C-5

Year Built 1993

Township Center

Levels One

Property SubType Retail

Tax Year 2023

Current Use Automotive CommSglTen Retail

County Marion

New Construction N

Property Type Commercial Sale

Status Pending

Directions GPS Friendly

City Indianapolis

Buyer Agent Compensation 2.00

High School District Indianapolis Public Schools

MLS Area 4913 - Marion - Center Se

Lot Size Square Feet 15387

Waterfront Y/N N

Street Name Madison

Days on Market 18

Standard Status Pending

Tax Lot 1

Buyer Agent Compensation Type %

Legal Description Troy Terrace L1 & L2 Ex R.O.W. Takes

Interior

Basement (Y/N) N

Street Suffix Avenue

Exterior

Building Area Total 819

Lot Size Acres 0.35

* Excluded Features

List By

Re/Max Advanced Realty

Broker

turnbillk@gmail.com

Affordability Calculator

$1,774

Per Month

Monthly Principal & Interest: $1,536
Monthly Property Taxes: $238
Monthly Home Insurance: --

Set your offer price

Down Payment

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$765,987

Percent of Sale Price 248%

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
4/3/2024	$219,900		Listed Price

Map

More homes like this one

homes for you

See all

2950 Madison Avenue, Indianapolis, IN, 46225 is a Commercial Property for sale at $219,900 with 819 sqft and a lot size of 0.35. 2950 Madison Avenue is a studio with 0.0 baths and was built in 1993. The property's zip code is 46225 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 5/1/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

2950 Madison Avenue

Commercial Property for sale in Indianapolis, IN

Affordability Calculator

Map

More homes like this one

Get more info about this home