5225 West Morris Street

Indianapolis, IN 46241

$749,900
Price
Beds
10,727 Sq. Ft.
$70 / Sq. Ft.
10,727
Sq. Ft.
$70
per Sq. Ft.

Description

Discover the perfect blend of functionality and versatility in this commercial medical building, just minutes from Indianapolis International Airport. This medical facility boasts an infrastructure tailored for medical practice, clinics, or research facilities. With its strategic location, it offers easy accessibility and high visibility for healthcare professionals and patients alike. Equipped with a full-service kitchen and spacious dining hall, it caters to diverse needs beyond medical practice....Discover the perfect blend of functionality and versatility in this commercial medical building, just minutes from Indianapolis International Airport. This medical facility boasts an infrastructure tailored for medical practice, clinics, or research facilities. With its strategic location, it offers easy accessibility and high visibility for healthcare professionals and patients alike. Equipped with a full-service kitchen and spacious dining hall, it caters to diverse needs beyond medical practice. The building holds immense potential for adaptive reuse, allowing for various commercial ventures. Additionally, a single-family residence on-site offers convenience and flexibility. With a prime location and adaptable spaces, this property promises limitless possibilities for commercial ventures or residential purposes. Unlock its potential and seize this unique opportunity today!
  1. Listed by Terry Young • Red Bridge Real Estate • terry@redbridgerealestate.com

Property Details for 5225 West Morris Street

Township
Wayne
Zoning
D3-SU6

Location

Listing Courtesy of Red Bridge Real Estate
Add your commute
LISTING UPDATED: 04/25/2024 10:25 AM

Property Details for 5225 West Morris Street

StatusActive
MLS #21966774
Days on Market57
Taxes$7,499 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1917
Lot Size2.21 AC / 96,267 SF
CountyMarion County

Location

Listing Courtesy of Red Bridge Real Estate
Add your commute

Building Information for 5225 West Morris Street

Stories-Residences-Year Built1917Lot Size2.21 AC / 96,267 SF

Payment Calculator

$5,342 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$1,250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5225 West Morris Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46241
  • Postal Code Plus4: 3544
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491118105005000930
  • Semi Annual Property Tax Amt: 7499
  • Tax Year: 2022
  • TaxLot: 0
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: 1-3 Acres
  • Current Use: Medical/Dental
  • Lot Size Square Feet: 96267.0
  • Lot Size Acres: 2.21
  • New Construction: False
  • Space Available: 7
  • Sq Ft Total: 10727.0
  • Year Built Numeric: 1917
Property and Assessments
  • Affected by Disclosures: Yes
  • Legal Subdivision: 283.9Ft Wl 341.5Ft Sl 283.96Ft El & 336.25Ft Nlbeg 288Ft E Of Nw Cor S18 T15 R32.21Ac
  • Photos Count: 119
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Electricity Connected, Water Connected
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Cooling: Central Electric
  • Levels: Two

Property History for 5225 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 5225 West Morris Street

Taxable ValueLand$157,100Additions$431,600Total$588,700
Tax Record2022$13,834 ($1,153 / month)
Home Facts
Beds1Baths1.5Total Finished SqFt3,503 SqFtAbove Grade Finished SqFt3,503 SqFtStories2Lot Size96,267 SqFtStyleSingle Family ResidenceYear Built1917CountyMARIONAPN49-11-18-105-005.000-930Fireplace TypeHas Fireplace

Schools near 5225 West Morris Street

This home is within M S D Wayne Township.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 10 to 12
Public - 10 to 12
Rating
School
Distance
Maplewood Elementary School
PublicPK to 6

Lynhurst 7th & 8th Grade Center
Public7 to 8

Ben Davis High School
Public10 to 12

Ben Davis University High School
Public10 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.

Similar Homes

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5225 West Morris Street is a mixed use property for sale in Indianapolis, IN 46241. This property was listed for sale on March 4, 2024 by Red Bridge Real Estate, it's currently listed at $749,900. It has been on the market for a total of 57 days and was last sold on January 11, 2024. This listing's school district is M S D Wayne Township. Nearby schools include Maplewood Elementary School, Lynhurst 7th & 8th Grade Center and Ben Davis High School. 5225 West Morris Street is a 0-bed, 0-bath, 10,727 sqft mixed use property built in 1917.

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 Red Bridge Real Estate

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.