5244 Shelbyville Rd, Indianapolis Indiana, IN 46237

15 Photos
2 Condos
$389,000 List Price
Sold on 5/29/2024
 
Listing ID 11274823
Property Type Multi-Unit (5+)
Commercial Type MULTIFAMILY
County Marion
Neighborhood Franklin Township
FEMA Flood Map fema.gov/portal
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Approved for nine lots, 18 condos, to be built!

Located at 5244 Shelbyville Rd. just minutes away from Emerson Avenue Exit on 465, this property has been permitted for nine lots, 18 condos. Please see attached blueprints. These are to be built. Location is excellent, very established. well kept neighborhoods, with national and retail shopping conveniently located within minutes, airport is 30 minutes. Everything has been done, survey, blue prints, permits, just bring your builder or we will build for you! Tenant house on property is a brick 3 bed 1 and a half bath with attached garage, could keep tenants while preparing the ground. Or maybe you would love a house with acreage a rarity in this area, this one has everything one needs close by, is it the perfect place for you?
Property Details
  • 4 Full Baths
  • 3180 SF
  • 3.00 Acres
  • 1 Story
  • Available 5/01/2024
  • Renovation: Nine buildings, 18 condos preapproved, ready to be built.
Interior Features
  • Natural Gas Avail
  • Central A/C
Exterior Features
  • Frame Construction
  • Attached Garage
  • 2 Garage Spaces
  • Municipal Water
  • Municipal Sewer
Sale Information
  • Sold on 5/29/2024
  • Sold for $370,000
  • Buyer's Agent: Christine Rains
  • Company: S&W
Previously Listed By
S & W Real Estate
Office: 765-265-8435
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