2145 Ransdell Street Indianapolis, IN $ 399,000
2145 Ransdell Street
$ 399,000
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2145 Ransdell Street

Indianapolis, IN, 46225
$ 399,000
Bedrooms-- Baths-- Sq 8,667

Monthly Estimate*

$ 2,756

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Commercial Property for sale in Indianapolis, IN

for $399,000. This 8,667 square foot building was built on a lot size of 0.26.

Located at the end of a quiet cul-de-sac just north of Raymond Street and minutes from Garfield Park, 2145 Ransdell Street offers a rare industrial opportunity in one of Indianapolis's most promising growth corridors. This wide-open warehouse-style property is currently used for storage and features convenient drive-in garage doors, excellent access to I-65, and proximity to Downtown Indianapolis. The building requires significant rehabilitation, including a new roof, window and ceiling replacement, and electrical upgrades, but its solid structure and flexible layout make it ideal for an owner-occupant or investor ready to reimagine the space. Positioned near the revitalized Garfield Park neighborhood, the area is seeing renewed investment and development. Nearby businesses, creative studios, and local favorites such as Garfield Brewery, Cafe Babette, and Skosh Provisions contribute to a vibrant, up-and-coming community atmosphere. The park itself-one of Indianapolis's oldest and most beloved green spaces-anchors the area with year-round recreation, walking trails, and community events, drawing consistent local activity. With improving infrastructure and increasing demand for flexible industrial and creative-use properties on the near south side, 2145 Ransdell Street represents a strategic opportunity to acquire a property with substantial potential in a neighborhood on the rise. The property is being sold as-is, and financing will likely need to include a rehab loan, making it a strong fit for a buyer with the resources and vision to complete a thoughtful redevelopment.

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 2,196

Style

Industrial

Lot Size

0.26

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22070610

Features
General
Utilities Electricity Connected
Possession Closing
Zoning 1-4
Township Center
Property Subtype Industrial
Tax Year 2024
Current Use Industrial
County Marion
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Arsenal Technical High School
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 11288
Middle/Junior High School HW Longfellow Med/STEM Magnet Midl
Standard Status Active
Tax Lot Unknown
Legal Description Howland And Webb's Corrected L105 & Pt L102 Thru L104 Se Cor L105 P.O.B. Nw35.42' Nw Arc 7' W Of Center Of Switch Line To Nll102 W41' S136' E111.91' To Beg
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Exterior
Building Area Total 8667
Lot Size Acres 0.26
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* Excluded Features
List By
F.C. Tucker Company

Broker

Annie.Scott@talktotucker.com

Email

Affordability Calculator

$2,939
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,756
Monthly Property Taxes
$183
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
4044905 Elementary School
4061100 Middle School
Arsenal Technical High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$399,000 -6.12% Price Down
1/29/2026$425,000 -14.14% Price Down
1/13/2026$495,000 -2.75% Price Down
10/29/2025$509,000 Listed Price

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2145 Ransdell Street, Indianapolis, IN, 46225 is a Commercial Property for sale at $399,000 with 8,667 sqft and a lot size of 0.26. The property's zip code is 46225 which is in Indianapolis, IN