383 S Emerson Avenue S Indianapolis, IN ^$ 275,000

383 S Emerson Avenue S

^$ 275,000

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383 S Emerson Avenue S

Indianapolis, IN, 46219

^$ 275,000

Studio Baths0.0 Sq 2,560

Monthly Estimate*

^$ 1,921

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383 S Emerson Avenue S, Indianapolis, IN 46219 - Image 13

Studio

Commercial Property for sale in Indianapolis, IN

for $275,000. This 2,560 square foot building was built in 1968 on a lot size of 0.32.

Great concrete Block building. Roof is newer. Current Zoning is D5 but the City Comprehensive Plan calls for a C1 Zoning. Originally built as a Village Pantry. All interior walls are believed to be non supporting. Gutter on rear to be repaired. Sprinkler System installed but not currently functioning.

Commercial Active

Price

^$ 275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Mixed Use

Lot Size

0.32

Year Built

1968

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21961517

Features

General

Heating Dual Forced Air Gas

Cooling Central Electric Dual

Utilities Electricity Connected Gas Sewer Connected Water Connected

Possession Closing

Zoning D5

Year Built 1968

Stories 1

Township Warren

Property SubType Mixed Use

Tax Year 2023

Current Use Church Residential

Building Name NO SUBDIVISION

County Marion

New Construction N

Property Type Commercial Sale

Possible Use Place of Worship CommSglTen Office

Status Active

Directions GPS Friendly

City Indianapolis

Buyer Agent Compensation 2.5

High School District MSD Warren Township

MLS Area 4905 - Marion - Warren

Street Name Emerson

Property Attached Y/N N

Current Financing Conventional Conventional

Additional Parcels Y/N N

Days on Market 66

Standard Status Active

Tax Lot Lot 9 and Part. Lot 8

Buyer Agent Compensation Type %

Legal Description Myers University Place Block 2 L9 & Pt L8 Begsw Cor L9 N 60Ft E 170Ft S 104.92Ft Nw Tobeg

Exterior

Parking Features Common

Building Area Total 2560

Lot Size Acres 0.32

Road Surface Type Asphalt

Road Frontage Type City Street

Interior

Street Suffix Avenue

* Excluded Features

List By

Culmann Real Estate Group, Llc

Broker

culmannrealestate@gmail.com

Affordability Calculator

$1,921

Per Month

Monthly Principal & Interest: $1,921
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$768,446

Percent of Sale Price 179%

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.

4044999 Elementary School

4045048 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2024	$275,000	-5.17%	Price Down
1/29/2024	$290,000		Listed Price

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383 S Emerson Avenue S, Indianapolis, IN, 46219 is a Commercial Property for sale at $275,000 with 2,560 sqft and a lot size of 0.32. 383 S Emerson Avenue S is a studio with 0.0 baths and was built in 1968. The property's zip code is 46219 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 4/29/2024.

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383 S Emerson Avenue S

Commercial Property for sale in Indianapolis, IN

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