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$3,500,000 $500,000on 1/22/2020

740 E North Street Indianapolis, IN 46202

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Property Description
Fantastic opportunity to own a premium building in Lockerbie Square at the heart of Indy's most established entertainment district. A luxuriously renovated mixed-use development with two commercial units and six residential condos, all fully furnished and income generating. One of a kind quality and charm, high-end customization throughout, private parking, rooftop decks, skyline views, all just steps from Mass Ave. Commercial leases and existing AirBnB operation are transferable.
Address:740 E North Street Indianapolis IN 46202
Status:Active
on site: 416 days
Price:$3,500,000
Bathrooms:0
Year Built:1925
Lot Size:0.21
County: Marion
Township: Center NE
MLS #:21640396
Property Type:5+Units Commercial

Lot Dimensions:9,309
Road Frontage:CityStreet
Road Access:CityStreet
Road Surface:Asphalt
Lot Features:Corner, Curbs, Sidewalks, Street Lights, Not In Subdivision
Building Utilities:Separate Electric Meter, Separate Gas Meter, Cable Connected, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
Directions:North on College Ave. East on North Street. Property is on the north side of the street. Parking lot is located on the east side of the building. To park, enter the alley to the west of the building.
Sq. Ft. Source:Assessor
Basement:Yes
Loan Price
$22,870
Price And Interest $18,258/month
Property Tax $3,154/month
MTG INS $0/month
HOME INS $1,458/month
Price
$3,500,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$3,154/month
Home Owner Insurance
$17,496 / 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
01/22/20 $4,000,000 $3,500,000 -12.5%
Semi-Annual Property Tax:$18,921
Tax Year:2018
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure Not Required, Not Applicable
Area: 4912 - Marion - Center Ne
Subdivision: Wards Sub
Zip Code:46202
Exterior Features:Driveway Concrete, Fence Full Rear
Exterior Type:Brick
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Listing provided courtesy of Plat Collective.

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.