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Listed by Stellar Realty Group
$199,900
Est. payment /mo
1 Bath
0.6 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202629565
HOA Y/N No
Year Built 1925
Annual Tax Amount $3,618
Tax Year 2026
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 55x395
Property Sub-Type Mixed Use
Property Description
Redevelopment Opportunity! Close to the IU stadium and a couple blocks to recently built apartments, this property is zoned Mixed-Use Medium Scale (MM), "designed to encourage walkable, medium-scaled developments. It accommodates a mix of multi-family housing, storefront retail, professional offices, and civic uses at sizes larger than neighborhood commercial districts but smaller than destination or high-density zones," per the city. The home on this property is not habitable. Tearing it down would allow bigger and better construction, with possible rear access to parking through alley. Please see attached docs for zoning info and agent communication with the city. Buyer responsible for confirming allowable uses.
Location
State IN
Rooms
Basement Walk-Out Basement
Interior
Heating Forced Air
Inclusions Other
Fireplace N
Exterior
Parking Features Off Street
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 53-05-29-301-004.000-005
Acceptable Financing IRM202629565
Listing Terms IRM202629565
Special Listing Condition None
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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