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$65,000on 6/1/2020

5434 E SOUTHPORT Road Indianapolis, IN 46237

  • 3.33 Acres
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Property Description
MAJOR PRICE REDUCTION! - COMMERCIAL / RESIDENTIAL LAND - OWNER / INVESTOR’S DREAM Two parcels, +/-3.33 acres total. OUTSTANDING DEVELOPMENT OPPORTUNITIES: High visibility. Two of only a few undeveloped parcels available on E Southport Road. Less than 1 minute from I-65/Southport Rd interchange. Adjacent to major "Big Box" retail, commercial and restaurants. Currently zoned (D-A) residential, but also designated (C-1) for Light-Commercial use in Metropolitan Comprehensive Development Plan for Marion County. (See attached Comprehensive Plan documentation). Prior (2008) appraised valuation $1,180,000 - asking only $325,000! (total for both parcels! Other parcel is 5424 E Southport Rd) Owners retiring/liquidating holdings. Rare opportunity!
Address:5434 E SOUTHPORT Road Indianapolis IN 46237
Status:Active
on site: 372 days
Price:$325,000
Bathrooms:
Lot Size:3.33
County: Marion
Township: Franklin
School System : Franklin Township
MLS #:21660665
Property Type:Commercial Land

Lot Dimensions:1.87 AC
Road Frontage:CityStreet
Road Access:Frontage Road, CityStreet
Road Surface:Asphalt
Zoning:D-A, C-1
Directions:I-65 South to Southport Rd., East on Southport Rd. to property
Loan Price
$1,856
Price And Interest $1,695/month
Property Tax $26/month
MTG INS $0/month
HOME INS $135/month
Price
$325,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$26/month
Home Owner Insurance
$1,620 / 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
DateOld PriceNew PricePercent Change
06/01/20 $390,000 $325,000 -16.67%
Semi-Annual Property Tax:$158
Tax Year:2018
Financial Disclosures:Not Applicable
Other Disclosures:As-Is
Area: 4906 - Marion - Franklin
Subdivision: NO SUBDIVISION
Zip Code:46237
School System:Franklin Township
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Schedule a Video Chat Tour
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