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3556 S Madison Ave
Indianapolis, IN 46227
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,788 SF
Building Class
C
Year Built
1971
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.37 AC
Zoning
ZO01
Parking
15 Spaces (5.38 Spaces per 1,000 SF Leased)
Frontage
61’ on S Madison Ave

About 3556 S MADISON AVE , INDIANAPOLIS, IN 46227

Lot 1 Site Address: 3560 Madison Ave. Indianapolis, IN 46227 Zoned: C5 – General Commercial Acres: 1.01 +/- Acres Parcel ID: 5005755 Road Frontage on Madison Ave. Fenced in Lot Street Surface: Paved Drive Environmental Hazards: None Known Utilities: All Available Sewer Type: City Sewer Available Flood Plain: None Commercial Building Detail: Tenant’s in Place! Revenue Generating from Day 1! Square Footage: 12,143+/- Taxes: $3,191.83 Semi-Annually Lot 2 Site Address: 3556 Madison Ave. Indianapolis, IN 46227 Zoned: C5 – General Commercial Acres: 0.37 +/- Acres Parcel ID: 5012257 Road Frontage on Madison Ave. Environmental Hazards: None Known Utilities: All Available Sewer Type: City Sewer Available Flood Plain: In 100 & 500 Year Only Commercial Building Detail: Tenant’s in Place! Revenue Generating from Day 1! Square Footage: 2,240+/- Taxes: $1,535.17 Semi-Annually Lot 3 Site Address: 3550 Madison Ave. Indianapolis, IN 46227 Zoned: C5 – General Commercial Acres: 0.32 +/- Acres Parcel ID: 5005889 Road Frontage on Madison Ave. Environmental Hazards: None Known Utilities: All Available Sewer Type: City Sewer Available Flood Plain: In FLD, 100 & 500 YR – Maps and Info Available Commercial Building Detail: Tenant’s in Place! Revenue Generating from Day 1! Building A: Square Footage: 1,464+/- Taxes: $1,837.17 Semi-Annually Lot 4 - Lots 1 - 3 Combined Terms: TERMS OF AUCTION: Real Estate sells at Owner’s Confirmation. 10% Down Day of Sale, NON-REFUNDABLE. Purchase Agreement completed day of sale, Balance due at Closing. Unless otherwise stated all sales close within 30 days. Possession at closing. SALE IS NOT CONTINGENT ON BUYERS PRE-APPROVAL. COME DAY OF SALE WITH FINANCING SECURED. Buyers Premium: 10% added Total Sale Price. NO WARRANTY: The descriptions of items appearing in advertising prior to this auction are believed to be correct. Nevertheless, neither those descriptions nor any oral statements made by Owner, its Officers, Agents and Employees of Auctioneer concerning any item shall be construed as a warranty, either express or implied AS TO THE CONDITION OF THE PROPERTY. PROPERTY AND BUILDINGS SOLD AS IS - WHERE IS with absolutely no expressed or implied warranty whatsoever. I, the Buyer, have examined this property and accept it the way it is and by execution herein below I waive and disclaim any express or implied warranties, including but not limited to, fitness for a particular purpose; UCC warranties and manufacturer’s warranties. Further, it is the sole responsibility of the Buyer to verify the viability of any item purchased. ALL ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER ANY PRINTED MATERIAL.

Property Taxes

Property Taxes

Parcel Number
49-11-25-124-001.000-570
Land Assessment
$35,200
Improvements Assessment
$67,000
Total Assessment
$102,200
  • Listing ID: 15558878

  • Date on Market: 3/27/2019

  • Last Updated:

  • Address: 3556 S Madison Ave, Indianapolis, IN 46227

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