4232 E Michigan Street Indianapolis, IN ^$ 250,000

4232 E Michigan Street

^$ 250,000

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Recently Listed

4232 E Michigan Street

Indianapolis, IN, 46201

^$ 250,000

Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

^$ 1,727

4232 E Michigan Street, Indianapolis, IN 46201 - Image 1

4232 E Michigan Street, Indianapolis, IN 46201 - Image 2

4232 E Michigan Street, Indianapolis, IN 46201 - Image 3

4232 E Michigan Street, Indianapolis, IN 46201 - Image 4

4232 E Michigan Street, Indianapolis, IN 46201 - Image 5

4232 E Michigan Street, Indianapolis, IN 46201 - Image 6

Commercial Property for sale in Indianapolis, IN

for $250,000. This 5,000 square foot building was built in 1900 on a lot size of 0.21.

Strategically located just east of downtown and west of Irvington. The property zoned C2 and C3 has great potential. Check it out and use your imagination as for multi-use possibilities.

Commercial Active

Price

^$ 250,000

Property Type

Commercial

Taxes

^$ 1,552

Style

Mixed Use

Lot Size

0.21

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22121748

Features

General

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Possession Closing

Roof Shingle

Zoning C2 C3

Year Built 1900

Stories Count 2

Township Center

Property Subtype Mixed Use

Tax Year 2025

Current Use Residential Vacant

County Marion

New Construction N

Property Type Commercial Sale

Status Active

Directions GPS Friendly

City Indianapolis

High School District Indianapolis Public Schools

MLS Area 4910 - Marion - Center

Lot Size Square Feet 9000

Current Financing Conventional

Additional Parcels Y/N N

Standard Status Active

Tax Lot L19 & L20

Legal Description Tuxedo Park L19 & L20 Blk 13

Exterior

Fencing Privacy

Parking Features Other

Building Area Total 5000

Lot Size Acres 0.21

Road Surface Type Asphalt

Waterfront Y/N N

Road Frontage Type City Street

* Excluded Features

List By

Exp Realty, Llc

Broker

mark.wesler@exprealty.com

Affordability Calculator

$1,856

Per Month

Monthly Principal & Interest: $1,727
Monthly Property Taxes: $129
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 ^$965,436

Percent of Sale Price 286%

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.

4044905 Elementary School

4044909 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/22/2026	$250,000		Listed Price

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4232 E Michigan Street, Indianapolis, IN, 46201 is a Commercial Property for sale at $250,000 with 5,000 sqft and a lot size of 0.21. 4232 E Michigan Street was built in 1900. The property's zip code is 46201 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 11/6/2026.

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4232 E Michigan Street

Commercial Property for sale in Indianapolis, IN

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