3601 Vincennes Rd 27,021 SF 100% Leased Office Building Indianapolis, IN 46268 $3,950,000 ($146.18/SF)

In 1752, a generation before he would become a Founding Father of the United States, Benjamin Franklin helped establish the first successful mutual insurance company in America. For more than 250 years, mutual insurance companies have been – and still are – about people coming together to protect themselves in a common need. Because there are no stockholders in a mutual insurance company, the interests of the policyholders are served first. The median age of a mutual insurance company in the United States is 120 years. Following the Civil War, there was a boom of farm mutual companies, and many states began forming associations to bring together their respective states’ companies on common ground. The idea for a national organization came in 1895 as members of the Farmers Mutual Hail Insurance Company of Iowa’s board of directors sat around a table after a meeting of their state association. It was suggested that Walter A. Rutledge, who had started Farmers Mutual Hail several years e