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.

Source: MIBOR as distributed by MLS GRID, MLS ID: 22094887

Listing provided courtesy of Jeffrey Paxson 317-679-2121 with Jeff Paxson Team

Last Updated: 4/12/2026 | 10:16 PM

Home Details

Status: Active

Price: $400,000

Address: 4240 4244 Madison Avenue, Indianapolis, IN 46227

Bedrooms:

Bathrooms: 0

Square Feet: 3,186

82 days on Site

• Property Type: Commercial sale
• Built in 1900
• 82 days on Site
• 0.95 Lot Size