Address
5820 S EMERSON Avenue Indianapolis, IN
Price
$ 1,400,000
Property Attributes
  • MLS#21661090
  • TypePending
  • CountyMARION
  • CityIndianapolis
  • AreaPerry
  • Zip46237
  • StyleCommercial Land
  • Taxes$ 9088
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size15.22 Acres
Listing Provided Courtesy Of:
James Talhelm with Hoosier, REALTORS®
Data Source:
Metropolitan Indianapolis MLS (MIBOR) - 116 - IN
Property Description

+/- 15.2 acres of undeveloped land zoned Commercial. 11 acres are zoned C-3 (neighborhood Commercial Development) and about 4.7 acres zoned C-1 (Office Commercial) just minutes from I-465 on the city's southside. Ideal location for Retail and office space in a high traffic area of Emerson Avenue and Edgewood. May be combined with the adjacent 12.3 acres currently zoned residential.

Price History
8/9/2019 Listed $1,400,000

General Features

City Indianapolis
County Marion
Current Use Agricultural
Days on Market 599
Development Status Surveyed
Directions From 465 South, exit south on the Beech Grove/Emerson exit. Travel south to 5820 on the west side of the road.
Disclosures Not Applicable
MBR_SchoolDistrict Perry Township
New Construction No
Possession Close of Escrow
Possible Use Medical, Office, Restaurant, SpecUseRec
Property SubType Commercial Land
Property Type Land
Sewer Fees Tap
Standard Status Pending
Status Pending
Street Name EMERSON
Subdivision Name NO SUBDIVISION
Tax Year 2018
Topography Level
Township Perry
Virtual Tour https://www.youtube.com/watch?v=919vgwu0kUo&t=1s
Zoning C1&3

Interior Features

Street Suffix Avenue

Exterior Features

Lot Size Acres 15.22
Road Frontage Type City Street
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 46237

Price
AVG $260K
$1.4M
Taxes
AVG $3,151
$9,088
Visits
AVG 27
226

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