8823 Madison Avenue

Indianapolis, IN
$ 580,000 Beds 0 Baths 0 Sq 4,417
Monthly Estimate* How much can I afford?

Great investment opportunity! Located near the Greenwood Park Mall just off Madison Ave, this office building is in a high traffic area, perfect for advertising and business exposure. Features a four suite office building, with 2 current renters, and a standalone office right next to the main building. (Income/Expense breakdown included in the supplements.) This property has a lot of potential and the projected income value speaks for itself!

Pending

  • Price
  • $ 580,000
  • Lot Size
  • 0.65 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,417
  • Full Bathrooms
  • 0
  • Year Built
  • 1989
  • Half Bathrooms
  • 0
  • City, Zip
  • Indianapolis
  • Taxes
  • 6470
  • County
  • MARION
  • Style
  • Office
  • Area
  • 4907-Marion - Perry
  • MLS#
  • 21732559
  • Zip
  • 46227
Listing Provided by: C. Scott Veerkamp with My Agent

Features

General

Area 4907 - Marion - Perry
Available for Showing 1
BAC Amount BACAmount%
Cumulative Days on Market 32
Disclosure Other None
Disclosures Not Applicable
Listing Type Exclusive Right to Sell
Possession AtClosing
Present Use Office
Property Description Great investment opportunity! Located near the Greenwood Park Mall just off Madison Ave, this office building is in a high traffic area
Property Sub Type Office
Property Type Commercial
Status Pending
Tax Year 2019
Township Perry
Year Built 1989
Zoning C1

Interior Features

Total Baths 0.00

Exterior Features

Building Size 4417
Lot Size 28, 314

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Indianapolis, IN office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/21/2020 Listed $580,000

Property vs Zip Code Average in 46227

Price
AVG $230K
$580K
Taxes
AVG $1,917
$6,470
Visits
AVG 22
20
Year Built
AVG 1962
1989
Walkscore
AVG 34
52
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

8823 Madison Avenue Indianapolis, IN is a Single Family Home for sale at $580000 with 4417 sqft and a lot size of 0.65 Acres Acre(s). 8823 Madison Avenue Indianapolis has 0 bedrooms, 0 baths and was built in 1989. The property's zip code is 46227 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.