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    Map

    $67,000 Sold

    Est. Payments $350/mo

    2520 W Michigan Street

    Indianapolis, Indiana  46222

  • 8,342 sq. Ft
  • 8,342 sq. Ft
    • Additional Details Plus Icon

    Meet your Agent

    Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
    Tucker Customer Care
    F.C. Tucker Company
    (317) 954-4768

    Description

    Discover the incredible potential of this ideally located property on W Michigan Street, Indianapolis. While the existing structure is in poor condition and likely needs to be torn down, the site offers a blank canvas for visionary investors and developers. Boasting a blend of historic charm and modern amenities, the area offers a wealth of attractions for potential investors. Just minutes from downtown Indianapolis, investors can enjoy proximity to notable landmarks like the Indianapolis Zoo, Lucas Oil Stadium & Indiana Convention Center, Victory Field, IUPUI, the Indiana State Museum & Eiteljorg Museum, and the Indianapolis Motor Speedway. With a diverse array of dining options, beautiful parks, and a thriving arts and culture scene, the area provides a dynamic environment for businesses to thrive. Whether it's exploring the Canal Walk, White River State Park or catching a show at the ...

    Mortgage Calculator

    Price & Interest: $350/month
    Property Tax: $307/month
    MTG INS: $0/month
    HOME INS: $28/month
    Down Payment
    $0
    Down Payment %
    0 %
    Home Owner Insurance
    $336 / year
    Property Taxes
    $307/month
    HOA Dues
    $0 / Month
    Interest Rate
    4.75 %
    Mortgage Ins.
    $0 / year
    Years
    30 Years
    Loan Price
    $685
    Price And Interest $350/month
    Property Tax $307/month
    MTG INS $0/month
    HOME INS $28/month
    Price And Interest:  $350/month
    Property Tax:  $307/month
    MTG INS:  $0/month
    HOME INS:  $28/month

    Listing provided courtesy of Stephanie Henry with Premier Commercial Real Estate from MIBOR as distributed by MLS GRID

    Based on information submitted to the MLS GRID as of 05/14/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





    Indianapolis Market Report

    151
    Avg. DOM
    $187.92
    Avg. $ / Sq.Ft.
    $ 389,000
    Med. List Price

    The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,200.41. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

    The housing market and house prices in Indianapolis are going Down. The average house price is $262,500.00 and the average price per square feet is $155.58 per square feet. At the moment, the amount of homes listed is exactly 9264 houses, with 1938 with active status, 865 with pending status and 6461 sold in Indianapolis .

    The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

    The average amount of property taxes you would have to pay for a home in Indianapolis is $2,999.58. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

    Properties in Indianapolis are staying listed for an average of 71 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

    The last home listed in Indianapolis was 1220 minutes ago.

    At the moment we have 29 open houses that you can visit.

    The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

    The cost of the cheapest home in Indianapolis is $1.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

    The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

    The average size of properties in Indianapolis is 2079.08 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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