1144 Kentucky Avenue Indianapolis, IN $ 605,000
1144 Kentucky Avenue
$ 605,000
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1144 Kentucky Avenue

Indianapolis, IN, 46221
$ 605,000
Bedrooms-- Baths-- Sq 4,864

Monthly Estimate*

$ 4,179

1144 Kentucky Avenue, Indianapolis, IN 46221 - Image 1
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Commercial Property for sale in Indianapolis, IN

for $605,000. This 4,864 square foot building was built on a lot size of 0.41.

Own a piece of Indianapolis history-an opportunity to acquire the iconic John's Famous Stew building and land near downtown Indianapolis. Located in Marion County, this property is well positioned to draw consistent commuter and neighborhood traffic. The 2,432 sq. ft. first floor is currently operated as a restaurant and offers historic character and authentic charm. The 2,432 sq. ft. second floor includes eight leased studio apartments. The 11,000 sq. ft. parking lot accommodates approximately 35 vehicles, and an additional 700 sq. ft. basement provides storage potential. The site is minutes from Lucas Oil Stadium, the Convention Center, and Eleven Park, with nearby White River Development expansion.

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Commercial Pending

Price

$ 605,000

Property Type

Commercial

Taxes

$ 8,508

Style

Mixed Use

Lot Size

0.41

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22096446

Features
General
Utilities Electricity Connected Sewer Connected Water Connected
Possession Closing Subject To Tenant Rights Other
Zoning COM REST-430
Stories Count 2
Township Center
Property Subtype Mixed Use
Tax Year 2025
Current Use Apt<20 Restaurant See Remarks
Building Name John's Famous Stew
County Marion
New Construction N
Property Type Commercial Sale
Possible Use Apt<20 Restaurant See Remarks
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 17960
Additional Parcels Y/N N
Standard Status Pending
Tax Lot 49-11-10-129-004.000-101
Legal Description Davis Nordykes Sub L4 Ex 8' Se End For St Also L5 Ex 3' Se End For St
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Exterior
Parking Features Attached Asphalt Guest
Building Area Total 4864
Lot Size Acres 0.41
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* Excluded Features
List By
Homes & Homesites

Broker

swebb@homesandhomesites.com

Email

Affordability Calculator

$4,888
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,179
Monthly Property Taxes
$709
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
4044909 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/20/2026 $605,000 Listed Price

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1144 Kentucky Avenue, Indianapolis, IN, 46221 is a Commercial Property for sale at $605,000 with 4,864 sqft and a lot size of 0.41. The property's zip code is 46221 which is in Indianapolis, IN