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$750,000 ↓$50,000on 9/6/2023

1640 Prospect Street Indianapolis, IN  46203

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Property Description
LOCATION,LOCATION, LOCATION!Come be a piece of Indianapolis history with this Victorian Commercial Property. Package;5 parcels include Nationally Registered Historic Place(original Bar room), 60x40 metal barn, 2bed,2bth residence and vancant C4 zoned lots. Main structure needs updating but boasts potential that is hard to pass up. Just under 1 acre of land that sits at one of the last spots available in BOOMING FOUNTAIN SQUARE. We are waiting for you to place your business here.
Address:1640 Prospect Street Indianapolis IN 46203
Status:Active
on site: 538 days
Price:$750,000
Bathrooms:0
Year Built:1885
Lot Size:0.10
County: Marion
Township: Center SE
MLS #:21813495
Property Type:Retail
Buyer Broker Compensation: 2.21%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:4321
Road Frontage:City Street
Road Access:Frontage Road
Road Surface:Asphalt
Zoning:COMMERCIAL
Building Utilities:Sewer, Water
Directions:CORNER OF PROSPECT AND STATE ST.
Loan Price
$4,486
Price And Interest $3,912/month
Property Tax $261/month
MTG INS $0/month
HOME INS $313/month
Price
$750,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$261/month
Home Owner Insurance
$3,756 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
DateOld PriceNew PricePercent Change
09/06/23 $800,000 $750,000 -6.25%
08/21/23 $949,000 $800,000 -15.7%
Semi-Annual Property Tax:$1,567
Tax Year:2020
Financial Disclosures:Not Applicable
Other Disclosures:As Is, Defects/See Remarks, Fixer Upper, Historic District, Package
Mandatory HOA Fee:$
Area: 4913 - Marion - Center Se
Zip Code:46203
Steve Bailey, REALTOR®/Broker, F. C. Tucker Company
Steve Bailey
Phone (317) 657-8631
Additional Phone (317) 686-0612
F.C. Tucker Company
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Listing provided courtesy of Stephen Bailey with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/14/2021 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.