39.686478 -86.13399

5501 Madison Avenue Indianapolis, IN 46227

231327333 39.686478 -86.13399 147 /listing/231327333-150236976/5501-madison-avenue-indianapolis-in-46227 False 0 579000.0 101 0 21617793 False
  • $579,000
  • 0 bd
  • 20,931 lot
  • Est payment $3108.2/mo

Property & Neighborhood Info

Courtesy Of REALTY WORLD-Harbert Company

Commercial in Indianapolis

Highly visible prime corner location on Madison Ave. Established business for over 30 years. C 3 Zoning. Ample parking. Building Size is 6428+/- Sq Ft. Easy access from 4-way traffic stop light. This building has iconic Indiana history. Frank Kautsky operated a Super Market in this building in the 1940's. , He became the owner of "Indianapolis Kautsky's " Indiana's first pro team and 1947 World Championship Basketball team ever to come from Indianapolis, Indiana. This location was also the first H. H. Gregg Store.

Courtesy Of REALTY WORLD-Harbert Company
  1. 0 Beds
  2. 20,931 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1949
  • County: Marion
  • Tax Year: 2017
  • Zoning: C3
  • MLS Number:21617793

Additional Features

  • Disclosures:
    • As-Is
  • Anchor:
    • SeeRemarks
  • Building Size:
    • 6428
  • Property Subtype:
    • Retail
  • Retail Type:
    • FreeStand
  • Utilities:
    • Electric
    • Sewer
    • Water
  • Present Use:
    • Retail
  • Township:
    • Perry
  • Divisible:
    • N
  • Legal Description:
    • ELDERS EDGEWOOD 4TH SEC L256 & L257
  • Transaction Type:
    • Sale
  • Variable Rate Commission:
    • N
  • CDOM:
    • 240
  • Sign:
    • StoreFront
  • Commission:
    • 3.5
  • Current Price:
    • 579000.00
  • Listing Type:
    • Exclusive Right to Sell
  • Miscellaneous:
    • OwnerOper
  • Possession:
    • Negotiable
  • Tax ID:
    • 491506116006000500
  • Total Acres:
    • 0.4805
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Mike Duncan Broker Owner
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3209 West Smith Valley Rd STE 209 Greenwood IN 46142
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39.686478 -86.13399

5501 Madison Avenue Indianapolis, IN 46227

231327333 39.686478 -86.13399 147 /listing/231327333-150236976/5501-madison-avenue-indianapolis-in-46227 False 0 579000.0 101 0 21617793 False
  • $579,000
  • 0 bd
  • 20,931 lot
  • Est payment $3108.2/mo