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$3,350,000 (Pending)

609 Woodruff Place Middle Drive Indianapolis, IN 46201

Property Description
Four unit multifamily investment property in popular Woodruff Place being sold as part of a portfolio, situated in both a Historic District and an Opportunity Zone, loaded with possibility, strategically located just one mile east of Downtown Indianapolis in a desirable, trendy, residential neighborhood with a park-like setting surrounded by large beautiful homes and mature landscaping. A hard to find investment close to employment and retail centers, (including Bottleworks and Mass Ave.); offering investors upside potential for long term investment growth, close, but not too close to the CBD. Hardwood floors and woodwork showcase the potential of this classic building. See Agent Remarks for portfolio specifics.
Address:609 Woodruff Place Middle Drive Indianapolis IN 46201
Status:Pending
on site: 59 days
Price:$3,350,000
Bathrooms:0
Year Built:1910
Lot Size:0.23
County: Marion
Township: Center NE
MLS #:21816245
Property Type:Residential Units - 1 to 4

Lot Dimensions:9,862
Lot Features:Access Street, Curbs, Sidewalks, Street Lights, Tree Mature
Building Utilities:Electric, Sewer, Water, Cable Connected, Gas Connected, Municipal Storm Connected, Municipal Sewer Connected
Directions:East from Downtown on 10th Street to Woodruff Place Middle Drive, turn right (South) to 609
Sq. Ft. Source:Assessor
Loan Price
$19,427
Price And Interest $17,475/month
Property Tax $556/month
MTG INS $0/month
HOME INS $1,396/month
Price
$3,350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$556/month
Home Owner Insurance
$16,752 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Eric Vanderwall
Eric Vanderwall

Senior Loan Officer

View My Profile

Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$3,335
Tax Year:2020
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure On File
Area: Center NE
Subdivision: WOODRUFF PLACE
Zip Code:46201
Exterior Type:Vinyl With Brick
Jane Drew Pollom, REALTOR®/Broker, F. C. Tucker Company, Inc.
Jane Drew Pollom
Phone (317) 730-3791
Additional Phone (317) 846-7751
F.C. Tucker Company, Inc
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Get more information

Listing provided courtesy of F.C. Tucker Company.

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.