1809 West Morris Street

Indianapolis, IN 46221

$265,000
Price
Beds
3,500 Sq. Ft.
$76 / Sq. Ft.
3,500
Sq. Ft.
$76
per Sq. Ft.

Description

Super opportunity to own a versatile turnkey commercial property near downtown Indianapolis. A moneymaker close to Lucas Oil Stadium. Ongoing infrastructure upgrades include repaving of Morris St, new sidewalks, and landscaping. With two new houses being built directly across the street from the property. The property has two (2) houses sitting on a big lot with a privacy fence in the back. Property zoned C-4 (multiple uses) with an existing group home variance. 1813 Morris was formerly a boarding...Super opportunity to own a versatile turnkey commercial property near downtown Indianapolis. A moneymaker close to Lucas Oil Stadium. Ongoing infrastructure upgrades include repaving of Morris St, new sidewalks, and landscaping. With two new houses being built directly across the street from the property. The property has two (2) houses sitting on a big lot with a privacy fence in the back. Property zoned C-4 (multiple uses) with an existing group home variance. 1813 Morris was formerly a boarding house, currently used as The New Living Center sober living facility for women. Updates in 2022 include a new roof (decking and shingles), new gutterboards, gutters and downspouts. 2023 improvements include professionally cleaned interior vents, professionally painted (inside and out), two updated rooms in the attic with new subfloors, drywall, and paint. There are 5 nice-sized upstairs bedrooms, a full bath with 2 showers and two vanities. The downstairs has 2 bedrooms a full bath, a big kitchen, a formal dining room, a huge family room, and a large deck in the back The central air unit has an updated power box (2024) and was serviced in 2023. There is also a newer (2021) 200 amp electrical panel in the basement and the furnace. 1809 W Morris is a one-room structure with a 1/2 bath. 2022 updates include new ceramic flooring, inside and out paint, new roof including decking and shingles, gutterboards/gutters, and downspouts. Price reflects any needed repairs/updates. Shown by appointment only. 1813 W Morris currently has 5 residents paying week to week. No resident leases. The property is broker owned and is being sold as is. The Property has a 2024 State DMHA Housing Certification and a Homeland Security fire inspection on file with the state of Indiana.
  1. Listed by Phillip Anderson • Phillip Anderson • panderson15@att.net

Property Details for 1809 West Morris Street

Township
Center
Waterfront
No
Zoning
C-4

Location

Listing Courtesy of Phillip Anderson
Add your commute
LISTING UPDATED: 05/02/2024 04:15 PM

Property Details for 1809 West Morris Street

StatusActive
MLS #21953878
Days on Market32
Taxes$651 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1935
Lot Size0.19 AC / 8,276 SF
CountyMarion County

Location

Listing Courtesy of Phillip Anderson
Add your commute

Building Information for 1809 West Morris Street

Stories3Residences-Year Built1935Lot Size0.19 AC / 8,276 SF

Payment Calculator

$1,555 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,446

Property Taxes

$109

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1809 West Morris Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: I-70 W to Harding St Exit. South to Morris St then West to 1809/1813 W Morris. 465W To Harding Exit. North to Morris then West to property. Morris St is a oneway going west due to street re-paving
  • Postal Code: 46221
  • Postal Code Plus4: 1537
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 491115107012000101
  • Semi Annual Property Tax Amt: 651
  • Tax Year: 2023
  • TaxLot: L1 and L2
  • Tax Block: 101
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Multi-Family, See Remarks
  • Lot Size Square Feet: 8419.0
  • Lot Size Acres: 0.19
  • New Construction: False
  • Stories: 3
  • Possible Use: See Remarks
  • Space Available: 3500
  • Sq Ft Total: 3500.0
  • Year Built Numeric: 1935
Property and Assessments
  • Affected by Disclosures: No
  • Divisible: No
  • Legal Subdivision: Coburns 1st Belmont Add L1 L2
  • Photos Count: 6
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Electric: 200+ Amp Service
  • Sprinkler: None
  • Utilities: Cable Available, Electricity Connected, Gas Nearby, Gas, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Fencing: Chain Link, Fence Full Rear, Privacy, Front Yard, Gate
Interior Features
  • Basement YN: No
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Levels: Two
Rental
Rental Information
  • Multi Tenants: Yes

Property History for 1809 West Morris Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1809 West Morris Street

Taxable ValueLand$12,900Additions$89,700Total$102,600
Tax Record2023$1,257 ($105 / month)
Home Facts
Baths1Total Finished SqFt2,394 SqFtAbove Grade Finished SqFt2,394 SqFtStories2Lot Size8,419 SqFtStyleDuplexYear Built1935CountyMARIONAPN49-11-15-107-012.000-101

Schools near 1809 West Morris Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 7 to 8
Rating
School
Distance
Daniel Webster School 46
PublicPK to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1809 West Morris Street is a mixed use property for sale in Indianapolis, IN 46221. This property was listed for sale on April 29, 2024 by Phillip Anderson, it's currently listed at $265,000. It has been on the market for a total of 32 days and was last sold on March 12, 2014. This listing's school district is Indianapolis Public Schools. Nearby schools include Daniel Webster School 46, Arsenal Technical High School and George Washington Community High School (9-12). 1809 West Morris Street is a 0-bed, 0-bath, 3,500 sqft mixed use property built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Phillip Anderson

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.