$1,400,000 5820 S Emerson Avenue Indianapolis, IN

MLS: 21661090   Type:   County: Marion   City: Indianapolis   Area: Perry   Zip: 46237   Style: Commercial Land     Taxes: $9,088

Mortgage $6,573 /mo



Half Baths

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+/- 15.2 acres of undeveloped land zoned Commercial. 11 acres are zoned C-3 (neighborhood Commercial Development) and about 4.7 acres zoned C-1 (Office Commercial) just minutes from I-465 on the city's southside. Ideal location for Retail and office space in a high traffic area of Emerson Avenue and Edgewood. May be combined with the adjacent 12.3 acres currently zoned residential.

Elementary School

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Price History

8/9/2019 Listed $1,400,000

City Indianapolis
County Marion
Current Use Agricultural
Days on Market 599
Development Status Surveyed
Directions From 465 South, exit south on the Beech Grove/Emerson exit. Travel south to 5820 on the west side of the road.
Disclosures Not Applicable
MBR_SchoolDistrict Perry Township
New Construction N
Possession Close of Escrow
Possible Use Medical, Office, Restaurant, SpecUseRec
Property SubType Commercial Land
Property Type Land
Sewer Fees Tap
Standard Status Pending
Status Pending
Street Name EMERSON
Subdivision Name NO SUBDIVISION
Tax Year 2018
Topography Level
Total Rooms 0
Township Perry
Virtual Tour https://www.youtube.com/watch?v=919vgwu0kUo&t=1s
Zoning C1&3

Interior Features

Full Baths 0
Half Baths 0
Street Suffix Avenue
Total Baths 0
Total Bedrooms 0

Exterior Features

Building Area Total 0
Lot Size Acres 15.22
Road Frontage Type City Street
Road Surface Type Asphalt

Property Schools

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Gallery (2 photos)

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Property vs Zip Code Avg (46237)

Price 1.40M Avg 256K

Taxes $9,088 Avg $3,222

Acres 15.22 Avg 0.69

Visits 230 Avg 33

Days on Site 847 Avg 70

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Listing Provided Courtesy Of: James Talhelm with Hoosier, REALTORS®

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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN