$2,160,000 5500 Mills Road Indianapolis, IN

MLS: 21767547   Type: Com Land   County: Marion   City: Indianapolis   Area: Decatur   Neighborhood: Mill Run   Zip: 46221   Style: Commercial Land     Taxes: $2,516

Mortgage $10,141 /mo



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This site has multiple zoning for D4, D7 and D11. Residential and multi-family use or apartments. Will divide. Terrific road frontage on Mills Rd. Rolling hills, flatland, some wooded, some clear, some flood plain/nature preserve. Five minute drive to I-465 and five minutes to 37 (the new 69).

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Price History

2/19/2021 Listed $2,160,000

Contingency Act with no Contingency
Current Use Vacant
Other Structures No Building
Possible Use Place of Worship, CommMulTen, Residential
Property SubType Commercial Land
Property Type Land
Sewer Fees Tap, Municipal Sewer On Site
Standard Status Active
Subdivision Name MILL RUN
Terms Will Divide
Topography Flood Plain, Flood Way Partial, Wetland
Total Rooms 0
Township Decatur
Zoning C4, D4, D7

Interior Features

Full Baths 0
Half Baths 0
Total Baths 0
Total Bedrooms 0

Exterior Features

Lot Size Acres 54
Road Frontage Type City Street
Road Surface Type Asphalt

Property Schools

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Gallery (5 photos)

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Property vs Zip Code Avg (46221)

Price 2.16M Avg 6.26M

Taxes $2,516 Avg $4,442

Acres 54 Avg 83.85

Visits 72 Avg 114

Days on Site 113 Avg 172

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Listing Provided Courtesy Of: Daniel Nichols with REALTY WORLD-Harbert Company

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Location & Address

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