$1,549,000 8131 E Southport Road Indianapolis, IN

MLS: 21783123   Type: Com Land   County: Marion   City: Indianapolis   Area: Franklin   Zip: 46259   Style: Commercial Land     Taxes: $4,928

Mortgage $7,272 /mo



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This 5.83+/- acre parcel of land is located in the heart of Franklin Township with excellent visibility and frontage along Southport Road. The Indy Comprehensive Plan calls for this parcel to be zoned C-1. This would allow office use, medical use, nursing home, assisted living, religious/church use, etc. The utilities are along Southport Road. The growth is here with Kroger and other retailers directly across the street. ***The land has a lovely 3,700+/- square foot home that could be kept or removed for development.

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Price History

5/4/2021 Listed $1,695,000
10/18/2021 9% - $1,549,000

City Indianapolis
Contingency Act with no Contingency
County Marion
Current Financing Other
Current Use Residential
Days on Market 173
Development Status Surveyed, Zoning Change Required
Directions The subject property is located on the south side of Southport Road west of Franklin Road.
Disclosures Not Applicable
MBR_SchoolDistrict Franklin Township
MBR_Schools Franklin Central High, South Creek Elementary
New Construction N
Other Structures Other, See Remarks
Possession Negotiable
Possible Use Medical, Office, Residential
Property SubType Commercial Land
Property Type Land
Sewer Municipal Sewer Near, Septic Needed
Standard Status Active
Status Active
Subdivision Name NO SUBDIVISION
Tax Year 2020
Topography Level, Stream
Total Rooms 0
Township Franklin
Zoning DA

Interior Features

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

Exterior Features

Building Area Total 0
Lot Size Acres 5.83
Number of Lots 2
Road Frontage Type City Street
Road Surface Type Asphalt

Property Schools

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Gallery (4 photos)

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Property vs Zip Code Avg (46259)

Price 1.54M Avg 2.21M

Taxes $4,928 Avg $4,894

Acres 5.83 Avg 6.71

Visits 78 Avg 59

Days on Site 214 Avg 167

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Listing Provided Courtesy Of: Keith Turnbill with RE/MAX Advanced Realty

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Location & Address

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