Last Sold Price
7403 Michigan Rd, Indianapolis, IN 46268

Description

Here is a fantastic opportunity for your dream business! Ideal 1/2 acre on Michigan Road FRONTAGE, commercially zoned for multiple general businesses. Location has high VPD plus surrounds numerous mixed use businesses. Easy access to 86th Street, I-465, Zionsville, Carmel and minutes from downtown. Second parcel is included, parcel #6028555, .64 of an acre, and is located directly behind 7403 Michigan Road.Here is a fantastic opportunity for your dream business! Ideal 1/2 acre on Michigan Road FRONTAGE, commercially zoned for multiple general businesses. Location has high VPD plus surrounds numerous mixed use businesses. Easy access to 86th Street, I-465, Zionsville, Carmel and minutes from downtown. Second parcel is included, parcel #6028555, .64 of an acre, and is located directly behind 7403 Michigan Road.
LISTING CLOSED: 10/27/2023 12:00 AM

  1. Listed by Kyle Russell • Ferris Property Group
    P: (317)-204-8324 C: (317)-938-7551 kyle@ferrispropertygroup.com

Property Details for 7403 Michigan Road

Status
MLS #
21938141
Days on Market
64
Taxes
$672 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Other
MLS Type
Land / Commercial Land
Year Built
-
Lot Size
0.49 AC / 21,344 SF
Subdivision Name
Hiland Manor
Township
Pike
Zoning
C3

Location

Listing Courtesy of Ferris Property Group

Sold By Viewpoint Realty Group, LLC

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Building Information for 7403 Michigan Road

Stories-Residences-Year Built-Lot Size0.49 AC / 21,344 SF

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$646 per month

30 year fixed, 6.55% Interest

Principal and Interest

$534

Property Taxes

$112

HOA Dues

$0

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Property Information for 7403 Michigan Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Use GPS
  • Postal Code: 46268
  • Postal Code Plus4: 2317
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Cleared,Level
Taxes and HOA Information
  • Parcel Number: 490329104028000600
  • Semi Annual Property Tax Amt: 672
  • Tax Year: 2022
  • TaxLot: 49-03-29-104-028.000-600
School Information
  • High School: Pike Central High School
  • Middle Or Junior School: Pike Central Middle School
  • School District: Pike County School Corp
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Current Use: Vacant
  • Land Characteristics: City,Rectangle
  • Lot Description: Curbs, Not In Subdivision, Sidewalks, Zoned
  • Lot Size Square Feet: 21344.0
  • Lot Size Acres: 0.49
  • New Construction: False
  • Number Of Lots: 1
  • Other Structures: Not Applicable
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: NoStatus
  • Divisible: No
  • Legal Subdivision: Hiland Manor Pt L4 Beg 133.63' Nw Of Sw Cor; Nw111.91' Ne134.16' Ne87.29' Se76.40' Sw217.62' To Beg 0.49 Ac (Approx 21,344 Sq
  • Photos Count: 5
  • Present Zoning: Commercial
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: Concrete
  • Type: Single Lot,Undeveloped
  • Transaction Type: Sale
  • Buyer Financing: Cash
Utilities
  • Facilities Near: Sewer
  • Facilities On: Electric,Gas,Water
  • Public Transportation: Yes
  • Sewer: Municipal Sewer Near
  • Solid Waste: Yes
  • Water: Municipal Water on Site
  • Water Source: Municipal/City

Property History for 7403 Michigan Road

DateEvent & SourcePriceAppreciation
Oct 27, 2023

Sold

MIBORMLS #21938141

$105,000
Oct 18, 2023

Pending

MIBORMLS #21938141

Sep 14, 2023

Price Change

MIBORMLS #21938141

$139,900
DateEvent & SourcePrice
10/27/2023

Sold

MIBORMLS #21938141

$105,000
10/18/2023

Pending

MIBORMLS #21938141

09/14/2023

Price Change

MIBORMLS #21938141

$139,900

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

Public Records for 7403 Michigan Road

Taxable ValueLand$64,400Additions-Total$64,400
Tax Record2024$1,658 ($138 / month)
Home Facts
Lot Size27,878 SqFtStyleCommercialZoningZO01CountyMARIONAPN49-03-29-104-027.000-600

Schools near 7403 Michigan Road

This home is within M S D Pike Township.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Eastbrook Elementary School
PublicPK to 5

New Augusta Public Academy-North
Public6 to 8

Pike High School
Public9 to 12

New Augusta Public Academy-South
PublicK to 5

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7403 Michigan Road, Indianapolis, IN 46268
$105,000
21,344
$130,000
3
1
916
16,291
8,250
30,100
3
1
1,062
9,757
3
864
9,757
4,792

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ferris Property Group

Based on information submitted to the MLS GRID as of 10/27/2023 12:22 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.