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(SOLD) $67,900

6138 E Washington Street Indianapolis, IN  46219

  • 824 sq. Ft

Property Description for 6138 E Washington Street Indianapolis, IN 46219

Neat Art Deco Style Building awaiting a new "Vision" in Popular Irvington Area. Incredible Business opportunity in a sought after high traffic location. 824 Sqft split section building has been a barber & beauty shop, jeweler, business office, automotive service station, community recreation & more over last 100 years. Can be a single shop or split for two as it was for 50+ years. Located outside of the Irvington Historic area, so no restrictions related to that. Needs interior & exterior updating, roof, plumbing, etc, but is a very solid template to work from. Solid block & brick with concrete floors. Some electrical updates done pre 2000 but will need a going through. Selling "As Is" & priced far under potential value to reflect need to update. Washington St side is approx 28 x14 (with small bath), Sheridan side is approx 30x14, plus utility room & bath room. Overhead sign company has a lease at location & pays 1750+ yearly rent that will pass to buyer. Rent increases 3% per annum. Great place for any small retail, cafe', professional, counseling, real estate office or other. Driveway entrance from US40 (Washington St) or Sheridan Ave. All offers are subject to a 10 day "right to match offer or right of refusal" reserved by the overhead sign company. Property to be sold "as is", as seen without conditions. There was functioning business' at the location from 1924 until the last few years. Will sell 6138 E. Washington St in combination with 8 N. Sheridan Ave. Auto Body Shop for $350,000 total (The shop is $275,000 individually). Staked survey on property to be provided for the new buyer. See attachments for other details. PLEASE DO NOT PULL ONTO PREMISSES WITHOUT PRIOR PERMISSION as Building is Monitored. 48 hours notice is required & afternoon showings only. Direct all questions to your Buyer Agent. Zoned C-4, Tax class 447 General Office. Buyers/Agents can research other
QuickBuy option for home selling

Address:6138 E Washington Street Indianapolis IN 46219
Status:Sold
Sold On: 5/26/2023
Price:$79,900
Bathrooms:0
Sq. Feet:824
Year Built:1924
Lot Size:0.10
County: Marion
Township: Warren
MLS #:21903222
Property Type:Business

Lot Dimensions:4550
Road Frontage:City Street, Highway
Road Access:Frontage Road, Street Cuts, See Remarks
Road Surface:Asphalt, Concrete
Zoning:C3 Commercial Office
Directions:Washington St (US 40) 1.5 Blocks East of Arlington Ave, or West of Kitley. Sits on Corner of Washington Street & Sheridan Ave.
Total Sq. Ft. :824

Loan Price
$505
Price And Interest $354/month
Property Tax $123/month
MTG INS $0/month
HOME INS $28/month
Price
$67,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$123/month
Home Owner Insurance
$336 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$736
Tax Year:2023
Financial Disclosures:Not Applicable
Other Disclosures:None, As Is, Fixer Upper, Needs Updating, Sales Disclosure On File, Special Addendum, Other
Mandatory HOA Fee:$

Area: 4905 - Marion - Warren
Zip Code:46219

Total Sq. Ft.:824
Cool:None
Heat:No Heating
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Barry Delk with Berkshire Hathaway Home from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/31/2024 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

81
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. 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 $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 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 $3,194.02. 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 68 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 1648 minutes ago.

At the moment we have 105 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 $45,900.00 . 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 2112.74 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.