5616 Victory Drive Indianapolis, IN ^$ 1,200,000

5616 Victory Drive

^$ 1,200,000

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5616 Victory Drive

Indianapolis, IN, 46203

^$ 1,200,000

Bedrooms-- Baths-- Sq 2,052

Monthly Estimate*

^$ 8,288

5616 Victory Drive, Indianapolis, IN 46203 - Image 1

5616 Victory Drive, Indianapolis, IN 46203 - Image 2

5616 Victory Drive, Indianapolis, IN 46203 - Image 3

5616 Victory Drive, Indianapolis, IN 46203 - Image 4

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Commercial Property for sale in Indianapolis, IN

for $1,200,000. This 2,052 square foot building was built in 1940 on a lot size of 2.5.

2.5 acre parcel go with a home currently zoned residential. This is the next one in line that could be zoned commercial on the street. Property would need to be rezoned for commercial use. Within a few minute drive of I-465.

Commercial Active

Price

^$ 1,200,000

Property Type

Commercial

Taxes

^$ 1,864

Style

Business

Lot Size

2.5

Year Built

1940

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22112794

Features

General

Utilities Septic System

Possession Negotiable

Zoning dwelling agricultural

Year Built 1940

Township Franklin

Property Subtype Business

Tax Year 2025

Current Use Residential

County Marion

New Construction N

Property Type Commercial Sale

Status Active

Directions GPS Friendly

City Indianapolis

High School District Franklin Township Com Sch Corp

MLS Area 4906 - Marion - Franklin

Lot Size Square Feet 108900

Elementary School New Bethel Elementary

Current Financing Conventional

Additional Parcels Y/N N

Standard Status Active

Tax Lot 0

Virtual Tour https://www.tourfactory.com/3248440

Legal Description Pt Sw1/4 Ne1/4 S34 T15 R4 Beg 495Ft E Of Sw Cor N660ft E 165Ft S 660Ft W 165Ft To Beg 2.5Ac

Exterior

Water Source Well

Building Area Total 2052

Lot Size Acres 2.5

Road Surface Type Concrete

Waterfront Y/N N

Road Frontage Type City Street

* Excluded Features

List By

Mike Watkins Real Estate Group

Broker

pwatkins@mikesoldme.com

Affordability Calculator

$8,443

Per Month

Monthly Principal & Interest: $8,288
Monthly Property Taxes: $155
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$885,848

Percent of Sale Price 26%

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.

5508247 Elementary School

4045199 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/10/2026	$1,200,000		Listed Price

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5616 Victory Drive, Indianapolis, IN, 46203 is a Commercial Property for sale at $1,200,000 with 2,052 sqft and a lot size of 2.5. 5616 Victory Drive was built in 1940. The property's zip code is 46203 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 10/16/2026.

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5616 Victory Drive

Commercial Property for sale in Indianapolis, IN

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