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3115 Madison Avenue Indianapolis, IN $ 975,000
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$ 975,000 Get more info
3115 Madison Avenue
$ 975,000
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3115 Madison Avenue

Indianapolis, IN, 46227
$ 975,000
Bedrooms-- Baths-- Sq 52,000

Monthly Estimate*

$ 6,734

3115 Madison Avenue, Indianapolis, IN 46227 - Image 1
3115 Madison Avenue, Indianapolis, IN 46227 - Image 2
3115 Madison Avenue, Indianapolis, IN 46227 - Image 3
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3115 Madison Avenue, Indianapolis, IN 46227 - Image 7

Commercial Property for sale in Indianapolis, IN

for $975,000. This 52,000 square foot building was built on a lot size of 1.2.

Prime Commercial Real-estate ( FOR SALE ) On the southside of Indianapolis, Where two Major HWY's Connect at the intersection at ( Madison Ave & HWY 31 ) Just south of troy on the east side of the road, A WHOLE CITY BLOCK. Starts at Perry St and 3125 Madison Ave and goes North on Madison Ave to 3115 Madison Ave to the next street which is Bacon St. Then turn right on Bacon & there is a single vacant lot on the right side address is 600 Bacon and another Double vacant lot next to it 509 Bacon. Both Zoned Residential, There is another Vacant lot 510 e Perry St Single lot Zoned C-5... All of this property connects ( 3115-3125 ZONE COMMERRCIAL ) 510 E PERRY IS ALSO C-5. The other 2 lots are Residential. 1.20 ACRES + OR - !!! Both Madison Ave & HWY 31, TWO Major roads Join together that see's an Estimated 75,000 THOUSAND Vehicle's A DAY !!! On a average. Great Potential for any Business.

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Commercial Active

Price

$ 975,000

Property Type

Commercial

Taxes

$ 2,858

Style

Business

Lot Size

1.2

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22064710
Features
General
Utilities Electricity Connected Natural Gas Available Water Connected
Possession Closing
Zoning Commercial
Township Perry
Property Subtype Business
Tax Year 2024
Current Use Auto Dealer
County Marion
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 52000
Standard Status Active
Tax Lot 172
Legal Description Grasmere 2nd Sec L172
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Exterior
Building Area Total 52000
Lot Size Acres 1.2
Waterfront Y/N N
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* Excluded Features
List By
Today's Real Estate

Broker

RPOYNTER59@MSN.COM

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Affordability Calculator

$6,972
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,734
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4044910 Elementary School
4044906 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/5/2026$975,000 -11.36% Price Down
8/25/2026$1,100,000 -15.38% Price Down
7/24/2026$1,300,000 -12.16% Price Down
3/17/2026$1,480,000 -1.33% Price Down
9/24/2025$1,500,000 Listed Price

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3115 Madison Avenue, Indianapolis, IN, 46227 is a Commercial Property for sale at $975,000 with 52,000 sqft and a lot size of 1.2. The property's zip code is 46227 which is in Indianapolis, IN

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