5041 Kentucky Avenue Indianapolis, IN $ 245,000
5041 Kentucky Avenue
$ 245,000
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5041 Kentucky Avenue

Indianapolis, IN, 46221
$ 245,000
Bedrooms-- Baths-- Sq 1,384

Monthly Estimate*

$ 1,692

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Commercial Property for sale in Indianapolis, IN

for $245,000. This 1,384 square foot building was built in 1932 on a lot size of 0.45.

A beautifully remodeled home hiding in plain site! Craftsman style with modern updates and amenities. The gorgeous kitchen has white shaker cabinets, attractive granite counter top, SS appliances, and a modern, open, vent hood. The covered and glass enclosed front porch is a great place to meet and greet. 3-BRs and 2-full updated bathrooms. The master BR, upstairs, has an adjoining room for home office or sitting room. New windows, new roof, stylish flooring and paint and much more. Full, clean and dry basement. 2-car garage. This unique property is zoned for residential D-W or commercial C-3. This is also listed as residential BLC #22117711.

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Commercial Active

Price

$ 245,000

Property Type

Commercial

Taxes

$ 4,510

Style

Office

Lot Size

0.45

Year Built

1932

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22117719

Features
General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected Sewer Connected Water Connected
Possession Closing
Roof Asphalt
Zoning C-3
Year Built 1932
Township Decatur
Property Subtype Office
Tax Year 2025
Current Use Residential
County Marion
New Construction N
Property Type Commercial Sale
Facing Direction North
Possible Use Office
Status Active
Directions From Kentucky Ave turn in the Morita Mexican Restaurant at 5051 Kentucky Ave. The house at 5041 is accessed from the north (left) end of the parking lot. Use driveway and (7) angled parallel parking
City Indianapolis
High School District MSD Decatur Township
MLS Area 4908 - Marion - Decatur
Lot Size Square Feet 19602
Current Financing Conventional FHA VA
Middle/Junior High School Decatur Middle School
Standard Status Active
Tax Lot 1
Legal Description Pt Ne1/4 Ne1/4 S2 T14 R2 Beg 1501.78' W & 274.52'S To S R/W Of Sr #67 From Ne Cor P.O.B. Irr Se173.96' S96.3' W117' N188.47'To Beg 0.45Acpg 684
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Exterior
Parking Features Detached
Building Area Total 1384
Lot Size Acres 0.45
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* Excluded Features
List By
F.C. Tucker Company

Broker

j.west@talktotucker.com

Email

Affordability Calculator

$2,068
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,692
Monthly Property Taxes
$376
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
4044981 Elementary School
4049262 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$245,000 -2.00% Price Down
8/1/2026$250,000 Listed Price

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5041 Kentucky Avenue, Indianapolis, IN, 46221 is a Commercial Property for sale at $245,000 with 1,384 sqft and a lot size of 0.45. 5041 Kentucky Avenue was built in 1932. The property's zip code is 46221 which is in Indianapolis, IN