Additional Details

Property Details

Lot Dimensions:

15840

Road Frontage:

City Street, Frontage Rd

Zoning:

C 3

Total Sq. Ft.:

4, 380

Directions:

GPS Friendly

Tax and Financial Info

Semi-Annual Property Tax:

$1, 270

Tax Year:

2024

Quick View

Address:

2121 Madison Avenue Indianapolis IN 46225

Status:

Active

On Site:

16 Days On Site

Price:

$380, 000

Sq. Feet:

4, 380

Year Built:

1944

Lot Size:

0.36

County:

Marion

Township:

Center

MLS #:

22107440

Property Type:

Mixed Use

Community Information

Area:

4910 Marion Center

City:

Indianapolis

Zip Code:

46225

Description

Rare four-parcel mixed-use offering totaling 0.36 acres (15,682 SF) in a rapidly appreciating near-south Indianapolis corridor, easy interstate access, minutes from downtown, Fountain Square, and Bates-Hendricks. The 4,380 SF two-story building provides flexible owner-user space: a ground-floor office and rear warehouse served by a drive-in door (10' W x 9' H, with height-expansion potential), plus a recently renovated upper-level 2-bed/1-bath apartment suited to live-work use or rental income. Heating is provided by a functional boiler-and-radiator system; newer roofing covers the front office and residential portions, while the rear warehouse has an older flat roof. Three of the four contiguous, separately platted lots are vacant, offering expansion, parking, or redevelopment flexibility amid active land assembly in the immediate area. Delivered vacant for immediate occupancy - a versatile value-add or assemblage opportunity. Buyer to verify zoning and square footage.

Source: MIBOR as distributed by MLS GRID, MLS ID: 22107440

Listing provided courtesy of Connor Jones 317-886-8440 with Mark Dietel Realty, LLC

Last Updated: 6/16/2026 | 10:16 PM

Home Details

Status: Active

Price: $380,000

Address: 2121 Madison Avenue, Indianapolis, IN 46225

Bedrooms:

Bathrooms: 0

Square Feet: 4,380

16 days on Site

• Property Type: Commercial sale
• Built in 1944
• 16 days on Site
• 0.36 Lot Size