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    Map

    $1,200,000 Sold

    Est. Payments $6,260/mo

    640 S Madison Avenue

    Greenwood, Indiana  46142

  • 7,500 sq. Ft
  • 7,500 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

    7,506 sq ft Retail/Office located in the heart of downtown Greenwood. This prime location guarantees street visibility, high foot traffic and maximum exposure. Property consists of two buildings: 1.) Main building of 6,000 sq ft. and 2.) Freestanding 1,500 sq ft secondary building. Building 1 is at half capacity and building 2 is currently fully leased until Oct 2025. Lit pylon signage is visible from the heavily traveled US 31. Surrounded by other existing shops, restaurants, gas stations and more as well as currently being developed additions, including "The Madison", a luxury, mixed-use/live,work,play design, the very first of its kind for downtown Greenwood. The Madison features 18,700 square feet of retail space, and over 400 luxury condominiums, townhomes and apartments. Don't miss out on this lucrative and long-standing Investment Opportunity!...

    Mortgage Calculator

    Price & Interest: $6,260/month
    Property Tax: $738/month
    MTG INS: $0/month
    HOME INS: $500/month
    Down Payment
    $0
    Down Payment %
    0 %
    Home Owner Insurance
    $6,000 / year
    Property Taxes
    $738/month
    HOA Dues
    $0 / Month
    Interest Rate
    4.75 %
    Mortgage Ins.
    $0 / year
    Years
    30 Years
    Loan Price
    $7,498
    Price And Interest $6,260/month
    Property Tax $738/month
    MTG INS $0/month
    HOME INS $500/month
    Price And Interest:  $6,260/month
    Property Tax:  $738/month
    MTG INS:  $0/month
    HOME INS:  $500/month

    Listing provided courtesy of Mark Linder with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

    Based on information submitted to the MLS GRID as of 05/30/2024 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.





    Greenwood Market Report

    75
    Avg. DOM
    $164.02
    Avg. $ / Sq.Ft.
    $ 344,999
    Med. List Price

    The house prices in Greenwood are not dropping at the moment. There has been a increase in price of $10,151.64. 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 Greenwood are going Up. The average house price is $349,450.00 and the average price per square feet is $164.08 per square feet. At the moment, the amount of homes listed is exactly 1141 houses, with 230 with active status, 143 with pending status and 768 sold in Greenwood .

    The most popular place to buy a home in Greenwood is 4102 - Johnson - Pleasant. 4102 - Johnson - Pleasant 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 Greenwood .

    The average amount of property taxes you would have to pay for a home in Greenwood is $2,749.85. 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 Greenwood are staying listed for an average of 74 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 Greenwood was 1235 minutes ago.

    At the moment we have 13 open houses that you can visit.

    The cost of the most expensive home in Greenwood is $3,799,000.00. 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 Greenwood is $149,900.00 . 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 Greenwood in year 1800 and the newest built house is in year 2025.

    The average size of properties in Greenwood is 2614.33 sq.ft. , the biggest one being 13367 sq.ft. and the smaller being 720 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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