$1,500,000 7040 S Franklin Road Indianapolis, IN

MLS: 21679714   Type: Commercial   County: Marion   City: Indianapolis   Area: Franklin   Zip: 46259   Style: Place of Worship,Medical,Office     Stories: 1   Taxes: $3,856

Mortgage $7,042 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

3,230

5

1989

Location, Location, Location. This home with 5 acres is sitting in the heart of Franklin township in a fast growing area. Just a block away is a newly opened Mcdonald at the corner of Franklin and Southport Roads as well as Kroger with a strip mall. To the east is a new development started with approximately 300 homes. There is 300' road frontage. The property is in the comprehensive plans for Franklin township for commercial office use. This could include offices, health facilities, daycare facilities, private school, bank, plus many other uses. This property and two listed properties on Southport Road are connected and in the plans for the same use by the township. See 21678227 and 21610971 for a total of about 15 acres.

Elementary School

Middle School

High School

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Price History

11/17/2020 Listed $1,500,000

Contingency Act with no Contingency
Current Use Residential
Possible Use Place of Worship, Medical, Office, See Remarks
Property SubType Office
Property Type Commercial Sale
Standard Status Active
Stories 1
Township Franklin
Zoning Residential

Interior Features

Total Baths 0

Exterior Features

Lot Size Acres 5
Road Frontage Type City Street
Road Surface Type Asphalt

Property Schools



Direct Link:

https://www.indyplusrealtygroup.com/property/116-21679714-7040-S-Franklin-Road-Indianapolis-IN-46259

Gallery (30 photos)

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Property vs Zip Code Avg (46259)

Price 1.50M Avg 1.08M

Sqr Feet 3,230 Avg 2,777

Cost / Sqr Ft $464 Avg $391

Taxes $3,856 Avg $3,389

Acres 5 Avg 4.23

Visits 23 Avg 74

Days on Site 38 Avg 447

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Listing Provided Courtesy Of: Cheri Meeks with Hoosier, REALTORS




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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN
317-476-5805