4240 & 4244 Madison Avenue, Indianapolis, IN 46227
- $400,000
- $400,000
- $400,000
- $400,000
Description
Perry Township – Opportunity Knocks – 1 ACRE Commercial Potential on two residential properties – located at the corner of Madison & Lawrence Avenue in Perry Twp – across Madison from a gas station and near many other conveniences & commercial locations. Properties are currently leased to tenants and subject to tenant rights – please make an offer & include a due diligence period to satisfy questions and research to make this property terrific for Buyer’s situation. About the property: 2 parcels, 1 shared driveway; total sqft of the parcels is 40,997 sqft (148’x189′ & 75’x172′); Buildings are 1289 sqft & 1897 sqft; Utilities onsite. Tons of road frontage, highly visual location & ready for the wise entrepreneur. Low taxes, NO HOA.
Address
Open on Google Maps-
Address: 4240 & 4244 Madison Avenue
-
City: Indianapolis
-
State/county: IN
-
Zip/Postal Code: 46227
Details
Updated on April 12, 2026 at 10:15 pm-
Property ID 22094887
-
Price $400,000
-
Property Size 3186 Sqft
-
Land Area 0.95 Acres
-
Garage Size x x
-
Year Built 1900
-
Property Type Mixed Use, Commercial Sale
-
Property Status Active
Additional details
-
Roof Asphalt
-
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
-
County Marion
-
Property Type Commercial Sale
-
Parking Detached
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees