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About This Home

This 0-bedroom, 0-bathroom commercial at 4240 & 4244 Madison Avenue in Indianapolis, IN is listed for $400,000 ($126 per sqft). Built in 1900, the home offers 3,186 sqft of living space on a 0.95 acres lot.

Agent Description

Perry Township - Opportunity Knocks - 1 ACRE Commercial Potential on two residential properties - located at the corner of Madison & Lawrence Avenue in Perry Twp - across Madison from a gas station and near many other conveniences & commercial locations.

Properties are currently leased to tenants and subject to tenant rights - please make an offer & include a due diligence period to satisfy questions and research to make this property terrific for Buyer's situation. About the property: 2 parcels, 1 shared driveway; total sqft of the parcels is 40,997 sqft (148'x189' & 75'x172'); Buildings are 1289 sqft & 1897 sqft; Utilities onsite. Tons of road frontage, highly visual location & ready for the wise entrepreneur. Low taxes, NO HOA.

Key Features

  • Built in 1900
  • 0.95 acre lot

Property Details

1900

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

4240 & 4244 Madison Avenue

Indianapolis, IN 46227

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4240 & 4244 Madison Avenue is listed at $400,000 ($126/sqft). The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.95 acre lot.

This property is listed by Jeffrey Paxson and can be reached at 3176792121 or jeff@jeffpaxson.com.

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JP

Jeffrey Paxson

Agent at Jeff Paxson Team

(317) 679-2121

Listed by Jeff Paxson Team · View on Broker Site

MLS# 22094887· Source: listhub· Updated 2 days ago

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4240 & 4244 Madison Avenue, Indianapolis, IN 46227

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