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$3,350,000 (Pending)

624 Woodruff Place Middle Drive Indianapolis, IN 46201

Property Description
Nine unit residential 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:624 Woodruff Place Middle Drive Indianapolis IN 46201
Status:Pending
on site: 51 days
Price:$3,350,000
Bathrooms:0
Year Built:1900
Lot Size:0.31
County: Marion
Township: Center NE
MLS #:21815677
Property Type:Commercial Units - 5+

Lot Dimensions:13,599
Lot Features:Access Street, Curbs, Sidewalks, Street Lights, Tree Mature
Building Utilities:Electric, Separate Electric Meter, Sewer, Water, Cable Connected, Gas Connected, Municipal Storm Connected, Municipal Water Connected
Directions:East from the Downtown on 10th Street, then turn south or right on Woodruff Place Middle Drive to 624
Sq. Ft. Source:Assessor
Loan Price
$19,426
Price And Interest $17,475/month
Property Tax $555/month
MTG INS $0/month
HOME INS $1,396/month
Price
$3,350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$555/month
Home Owner Insurance
$16,752 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
David McCoige
David McCoige

Senior Loan Officer

View My Profile

Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$3,330
Tax Year:2020
Financial Disclosures:Not Applicable
Other Disclosures:Not Applicable
Area: Center NE
Subdivision: WOODRUFF PLACE
Zip Code:46201
Exterior Type:Wood 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
Pending
624  Woodruff Place MiddleDrive Indianapolis, IN 46201

725 Woodruff Place Middle Drive

$3,350,000

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624  Woodruff Place MiddleDrive Indianapolis, IN 46201

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624  Woodruff Place MiddleDrive Indianapolis, IN 46201

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624  Woodruff Place MiddleDrive Indianapolis, IN 46201

725 Woodruff Place Middle Drive

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Active
624  Woodruff Place MiddleDrive Indianapolis, IN 46201

1546 10Th Street

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624  Woodruff Place MiddleDrive Indianapolis, IN 46201

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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.