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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.
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
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
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.








