4240 & 4244 Madison AVE, Indianapolis, IN 46227
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4240 & 4244 Madison AVE, Indianapolis, IN 46227
4240 & 4244 Madison AVE, Indianapolis, IN 46227
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Listed by Jeffrey Paxson • Jeff Paxson Team
$ 400,000
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4240 & 4244 Madison AVE Indianapolis, IN 46227

3,186 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,186 sqft

Price per Sqft $125

MLS Listing ID 22094887

Year Built 1900

Tax Year 2025

Lot Size 0.950 Acres

Acres 0.95

Property Sub-Type Mixed Use

Property 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.

Location

State IN

County Marion

Zoning residential

Interior

Equipment Call Listing Agent

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Asphalt

Building

New Construction false

Schools

School District Perry Township Schools


MIBOR MLS

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Brian Black

Brian Black

Managing Broker | RBRB14037487

+1(317) 679-6330

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4240 & 4244 Madison AVE