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Map
$874,127*
●
Commercial -
Off Market
5501 Madison Avenue
Indianapolis, IN 46227
Studio
0 Bath
$522,000 - $636,000
Reference Base Price*
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Highly visible prime corner location on Madison Ave. Established
business for over 30 years. C 3 Zoning. Ample parking. Building
Size is 6428+/- Sq Ft. Easy access from 4-way traffic stop light.
This building has iconic Indiana history. Frank Kautsky operated a
Super Market in this building in the 1940's. , He became the owner
of "Indianapolis Kautsky's " Indiana's first pro team and 1947
World Championship Basketball team ever to come from Indianapolis,
Indiana. This location was also the first H. H. Gregg Store.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$4,880
HOA Dues
-
Year Built
1949
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2019 | Listed | $579,000 | |
| Listed | |||
Property Highlights
5501 Madison Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/30/2020
|
|
Loft
|
-
|
-
|
$495,000
Loft
-
|
-
-
|
-
|
-
|
|
02/13/2019
|
|
Studio
|
-
|
-
|
$579,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
