8616 West Washington Street

Indianapolis, IN 46231

$529,990
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing a Prime Investment Opportunity in the Automotive & Industrial Hub! Zoned C-4 (Commercial Regional District) Within 1 mile radius of Indianapolis International Airport. This exceptional vacant land property spans 1.63 acres and is strategically located in the heart of a thriving automotive sales and service repair hub. With its highly desirable zoning designation, this parcel offers tremendous potential for investors and business owners looking to capitalize on the lucrative automotive...Introducing a Prime Investment Opportunity in the Automotive & Industrial Hub! Zoned C-4 (Commercial Regional District) Within 1 mile radius of Indianapolis International Airport. This exceptional vacant land property spans 1.63 acres and is strategically located in the heart of a thriving automotive sales and service repair hub. With its highly desirable zoning designation, this parcel offers tremendous potential for investors and business owners looking to capitalize on the lucrative automotive industry, Across the street of 52000 SF Under Construction Indutrial Distribution Warehouse. Some of the permitted uses within the C-4 District are Office, Restaurant, Church, Gym, Salon, Self Storage & Public Utilities substations,
  1. Listed by Jesse Jasvir Singh • Midland Realty Group, Inc. • jsj.realtor715@gmail.com

Property Details for 8616 West Washington Street

Subdivision Name
113 E Washington
Township
Wayne
Waterfront
No
Zoning
c-4

Location

Listing Courtesy of Midland Realty Group, Inc.
Add your commute
LISTING UPDATED: 12/28/2023 05:18 PM

Property Details for 8616 West Washington Street

StatusActive
MLS #21930256
Days on Market300
Taxes$502 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeLand / Commercial Land
Year Built-
Lot Size1.63 AC / 71,002 SF
CountyMarion County

Location

Listing Courtesy of Midland Realty Group, Inc.
Add your commute

Building Information for 8616 West Washington Street

Stories-Residences-Year Built-Lot Size1.63 AC / 71,002 SF

Payment Calculator

$2,976 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,892

Property Taxes

$84

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8616 West Washington Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Use GPS
  • Postal Code: 46231
  • Postal Code Plus4: 1271
  • Road Access: Access Rd,Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • Topography: Level
  • View: No
Taxes and HOA Information
  • Parcel Number: 491221111010000900
  • Semi Annual Property Tax Amt: 502
  • Tax Exemption: None
  • Tax Year: 1004
  • TaxLot: 3420/1
School Information
  • School District: MSD Washington Township
Property
Lot Information
  • Acreage: 1-3 Acres
  • Current Use: Vacant
  • Land Characteristics: Suburban
  • Lot Size Square Feet: 70829.0
  • Lot Size Acres: 1.63
  • New Construction: False
  • Number Of Lots: 1
  • Other Structures: Not Applicable
  • Soil Type: Gravely
  • Usable Acres: 2
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Not Applicable
  • Divisible: No
  • Inspection Warranties: General
  • Legal Subdivision: Pt Ne1/4 S21 T15 R2 Beg 697.4' E Of Nw Cor;E251', S498.56', Sw16.18' Sw25.56', Nw539.51' Tobeg 1.626Ac.
  • Photos Count: 7
  • Present Zoning: Commercial
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Undeveloped
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric,Gas,Telephone,Water & Sewer
  • Facilities On: None
  • Public Transportation: Yes
  • Sewer: Municipal Sewer Near
  • Solid Waste: No
  • Water: Municipal Water Near By
Interior and Exterior Features
Exterior Features
  • Fencing: Perimeter

Property History for 8616 West Washington 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 8616 West Washington Street

Taxable ValueLand$37,200Additions-Total$37,200
Tax Record2022$1,979 ($165 / month)
Home Facts
Beds2Total Finished SqFt1,008 SqFtAbove Grade Finished SqFt1,008 SqFtStories1Lot Size70,829 SqFtStyleResidentialYear Built1940ZoningZO01CountyMARIONAPN49-12-21-111-010.000-900

Schools near 8616 West Washington Street

This home is within M S D Wayne Township.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 10 to 12
Public - 10 to 12
Rating
School
Distance
Bridgeport Elementary School
PublicK 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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Similar Sold Homes

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8616 West Washington Street is for sale in Indianapolis, IN 46231. This property was listed for sale on July 2, 2023 by Midland Realty Group, Inc., it's currently listed at $529,990. It has been on the market for a total of 300 days and was last sold on October 7, 2019. This listing's school district is M S D Wayne Township. Nearby schools include Bridgeport Elementary School, Lynhurst 7th & 8th Grade Center and Ben Davis High School. 8616 West Washington Street is a 0-bed, 0-bath, .

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 Midland Realty Group, Inc.

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.