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$3,350,000

725 Woodruff Place Middle Drive Indianapolis, IN 46201

Property Description
Seven 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:725 Woodruff Place Middle Drive Indianapolis IN 46201
Status:Active
on site: 13 days
Price:$3,350,000
Bathrooms:0
Year Built:1910
Lot Size:0.24
County: Marion
Township: Center NE
MLS #:21815784
Property Type:5+Units Commercial

Lot Dimensions:10,542
Lot Features:Access Street, Corner, Sidewalks, Street Lights, Tree Mature
Building Utilities:Electric, Separate Electric Meter, Sewer, Water, Cable Connected, Gas Connected, Municipal Storm Connected, Storm Sewer
Directions:East from Downtown on 10th Street to Woodruff Place Middle Drive, turn right (south) to 725
Sq. Ft. Source:Floorplans
Loan Price
$19,399
Price And Interest $17,475/month
Property Tax $528/month
MTG INS $0/month
HOME INS $1,396/month
Price
$3,350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$528/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:$3,168
Tax Year:2020
Financial Disclosures:Not Applicable
Other Disclosures:None
Area: 4912 - Marion - Center Ne
Subdivision: WOODRUFF PLACE
Zip Code:46201
Exterior Type:Wood
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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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.