$285,000 5435 South Emerson Avenue Indianapolis, IN

MLS: 21731775   Type: Com Land   County: Marion   City: Indianapolis   Area: 4906-marion - Franklin   Neighborhood: No Subdivision   Zip: 46237   Style: CommMulTen,CommSglTen,Medical,Office     Taxes: $1,484

Mortgage $1,338 /mo



Half Baths

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Redevelopment corner lot property located along a high visibility/high traffic roadway. 21,600+ VPD. Property is currently zoned D-7. Opportunities for multifamily development or potential commercial rezoning opportunities. Property is 40,119 sqft with excellent visibility from both Emerson Ave and Shelbyville Rd.

Elementary School

Middle School

High School

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Price History

8/13/2020 Listed $285,000

Acres 1/2-1 Acre
Affected by Disclosures 0
Area 4906 - Marion - Franklin
Available for Showing 1
BAC Amount BACAmount%
Contingency Act with no Contingency
Cumulative Days on Market 172
Disclosure Other None
Disclosures Not Applicable
Full Baths 0
Half Baths 0
Listing Type Exclusive Right to Sell
Options NotApplic
Possession AtClosing, Negotiable
Potential Zoning Commercial, Professional-Office, Retail
Present Use Resident
Present Zoning Multi-Fam, Single Family
Property Description Redevelopment corner lot property located along a high visibility/high traffic roadway. 21
Property Type VacantLots/Land
Proposed Use CommMulTen, CommSglTen, Medical, Office
Road Frontage CityStreet
School District Beech Grove
Sewer Municipal Sewer On Site
Status Active
Sub Type Commercial Land
Tax Year 2004
Topography Level
Township Franklin
Type Single Lot, SeeRemarks
Water Municipal Water on Site
Zoning D7

Interior Features

Beds Total 0
Total Baths 0.00

Exterior Features

Improvements None
Land Characteristics Corner
Lot Size 40, 119
Lots 1
Road Access CityStreet
Road Surface Asphalt

Property Schools

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Property vs Zip Code Avg (46237)

Price 285K Avg 564K

Taxes $1,484 Avg $3,164

Acres 0.9 Avg 1.98

Visits 47 Avg 105

Days on Site 246 Avg 793

Walkscore® 48 Avg 29

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Jordan Kornmann with F.C. Tucker Company

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Location & Address

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