4402 South Madison Avenue

Indianapolis, IN 46227

$375,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing value-add potential in this trailer park located near the University of Indianapolis! This trailer park is situated on 2 acres with 18 units total. There are 3 occupied trailers and 1 tiny house. Located on the property are 3 gutted tiny houses, one occupied tiny house, 11 total trailers, 2 are dismantled, and one house on top of 4 garages. All occupied properties will be vacated by December 31, 2022.Amazing value-add potential in this trailer park located near the University of Indianapolis! This trailer park is situated on 2 acres with 18 units total. There are 3 occupied trailers and 1 tiny house. Located on the property are 3 gutted tiny houses, one occupied tiny house, 11 total trailers, 2 are dismantled, and one house on top of 4 garages. All occupied properties will be vacated by December 31, 2022.

Listing Agent

  1. Hayley Wild

    Hayley Wild

    Listing Agent

    Compass

Property Details for 4402 South Madison Avenue

Architectural Style
Other
Subdivision Name
NO SUBDIVISION
Township
Perry
Zoning
D-3

Location

Add your commute
LISTING UPDATED: 01/04/2023 12:09 PM

Property Details for 4402 South Madison Avenue

StatusActive
MLS #21894508
Days on Market514
Taxes$920 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Commercial Units - 5+
Year Built1970
Lot Size2.19 AC / 95,396 SF
CountyMarion County

Location

Add your commute

Virtual Tour

Building Information for 4402 South Madison Avenue

Stories-Residences18Year Built1970Building Size-Lot Size2.19 AC / 95,396 SF

Payment Calculator

$2,200 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$153

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4402 South Madison Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Heading north on east street, turn right on Lawrence ave, turn south on Madison Avenue, turn right on Madison Avenue.
  • Postal Code: 46227
  • Road Access: EasementAcc
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491136105003000574
  • Semi Annual Property Tax Amt: 920
  • Tax Exemption: None
  • Tax Year: 2021
School Information
  • School District: Perry Township
Owner
  • Owner Pays: Other
Property
Lot Information
  • Acreage: 1-3 Acres
  • Building Information: Other
  • Lot Description: Not Applicable
  • Lot Number: 0
  • Lot Size: 1600
  • MLS: MIBOR
  • Possible Use: Residential
  • Sqft Total: 0.0
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1970
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: Not Applicable
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: PT NE1/4 SE1/4 S36 T15 R3 BEG 91.60' W & 36.01' SEOF NE COR SE 267.71' W 90.0' NW 195.19' NE62.67' ERLY 62.25' TO BEG 0.514AC
  • Photos Count: 7
  • Property Sub Type: Commercial Units - 5+
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Electric,Water,Gas Available
  • Solid Waste: 0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Foundation Details: Full, Brick
Interior Features
  • Laundry: Other
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 18
  • Garage Parking: Other
Income & Expenses
  • Expenses: 0
  • Gross Operating Income: 0
Rental
Rental Information
  • Tenant Pays: Other

Property History for 4402 South Madison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 4402 South Madison Avenue

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 7 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Abraham Lincoln Elementary School
PublicPK to 5

Perry Meridian Middle School
Public7 to 8

Perry Meridian High School
Public9 to 12

Rosa Parks-Edison Elementary School
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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4402 South Madison Avenue is a multi-family home for sale in Indianapolis, IN 46227. This property was listed for sale on November 30, 2022 by Compass, it's currently listed at $375,000. This listing's school district is Perry Township Schools. Nearby schools include Abraham Lincoln Elementary School, Perry Meridian Middle School and Perry Meridian High School. 4402 South Madison Avenue is a 0-bed, 0-bath, multi-family home built in 1970.

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.

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.