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$139,900

1540 S East Street Indianapolis, IN 46225

  • 3 Beds
  • 2 Baths
  • 4,500 sq. Ft
Property Description
OPPORTUNITY IS KNOCKING !!! Fantastic chance to rehab and open a business or possibly convert to rental units in the HEART of BATES HENDRICKS ! This charming building used to be the go to family operated furniture store of the area. The main floor has over 2,400 square feet of nearly open retail floor space with high ceilings to house any sort of business. Upstairs has been modified for office space currently but used to be used for bedrooms and a kitchen. The wall blocking the kitchen plumbing could be removed and restored. This area is currently being renovated as seen on HGTV on shows like Two Chicks & A Hammer and Good Bones! Current zoning is commercial. The buyer would be responsible to switch the zoning or use of the building.
Address:1540 East Street Indianapolis IN 46225
Status:Pending
on site: 25 days
Price:$139,900
Bedrooms:3 Beds
Bathrooms:2 Baths
Sq. Feet:4,500
Year Built:1890
Lot Size:0.12
County:Marion
Township:Center SE
MLS #:21682131
Property Type:Single Family

Lot Dimensions:5,279
Lot Features:Corner
Utility Options:Gas Connected
Water Source:Municipal Water Connected
Directions:From downtown, Go south on East Street past Eli Lily. Property is on the NW corner of East and Lincoln Across from Lincoln Coffee.
Abv. Grnd. Sq. Ft. :4,500
Main Level Sq. Ft. :2,900
Upper Level Sq. Ft. :1,600
Total Sq. Ft. :4,500
Sq. Ft. Source:Assessor
Loan Price
$940
Price And Interest $730/month
Property Tax $152/month
MTG INS $0/month
HOME INS $58/month
Price
$139,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$152/month
Home Owner Insurance
$696 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Michael Holl
Michael Holl

Senior Loan Officer

View My Profile

Courtesy of Tucker Mortgage
RoomSizeLevel
MasterBedroom 11x10Upper
Kitchen 10x10Upper
Great Room 20x20Main
Bedroom 2nd 10x10Upper
Bedroom 3rd 10x10Upper
Family Room 20x20Main
Semi-Annual Property Tax:$912
Tax Year:2018
Financial Disclosures:Not Applicable
Other Disclosures:As-Is
Total Sq. Ft.:4,500
Interior Features:Ceiling Raised, Hardwood Floors
Eating Area(s):None, Other Eating Area
Appliances:None
Equipment:Not Applicable
Exterior Type:Aluminum, Wood
Fuel:Gas
Cool:Window Unit
Heat:ForcedAir
Water Heater:No Water Heater
Total Rooms:8
Tour This Home
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Tour This Home
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.