$365,000
$375,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
1760 S County Road 1050 E Indianapolis, IN 46231
5,169 SqFt
Key Details
Sold Price $365,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,169 sqft
Price per Sqft $70
MLS Listing ID 21992456
Sold Date 01/03/25
Year Built 1953
Tax Year 2023
Lot Size 2.480 Acres
Acres 2.48
Property Sub-Type Mixed Use
Property Description
2.478 acres bordering Ronald Reagan Parkway and Co. Rd. 1050 East with 2 rental homes and 3180 sq.ft. concrete block machine shop. Homes are currently leased. East home is a 2 bedroom, 1 bath home that currently leased for $650 per month with the lease expiring May 31, 2025. West home is a 2 bedroom, 1 bath home with large attached garage that is currently leased for $700 per month with the lease ending July 31, 2024. Also included is a 3180 sq. ft. concrete building used as a machine shop in the past. The building has a concrete floor, and electric wall furnaces with a 200 amp/220 volt electrical. This property is zoned in the Town of Avon as "Flex". Both homes are on a shared well and septic system. Water and Sewer is available across 1050E. Machine shop has a water hydrant from the above mentioned well. Property is selling in "AS-IS" condition.
Location
State IN
County Hendricks
Zoning Agriculture
Interior
Heating Electric, SpaceWallUnit
Cooling Central Electric
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected
Roof Type Asbestos Shingle
Building
Story One
New Construction false
Schools
High Schools Avon High School
School District Avon Community School Corp
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