846 N Raceway Road Indianapolis, IN $ 370,000
846 N Raceway Road
$ 370,000
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846 N Raceway Road

Indianapolis, IN, 46234
$ 370,000
Baths0.0 Sq 10,000

Monthly Estimate*

$ 2,585

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Studio Commercial Property for sale in Indianapolis, IN for $370,000. This 10,000 square foot building was built in 1926 on a lot size of 4.84.

Need a new home for your business? Or yourself? Almost 5 acres in Hendricks County! Currently zoned GB and would be great to use existing home as small office or build your new home or business. Prime location on Raceway Rd. Current home main level was completely renovated within last 3 years and basement waterproofed. Attic space could be used as additional living area. Roof and gutters 2023. Large deck and small portion of yard is fenced. HVAC less than 10 years. Barn will need renovation but has electric. Previously, barn was used for horses and workshop. Well on property but city water is hooked up. Just needs you to bring it back to life. Don't miss out on this opportunity! Also listed under residential BLC# 21940561

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Commercial Active

Price

$ 370,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,574

Style

Business

Lot Size

4.84

Year Built

1926

Town/City

Indianapolis

County/Region

HENDRICKS

MLS | Web ID

21940373

Features
General
Heating Electric
Cooling Central Electric
Utilities Electricity Connected
Possession Negotiable
Zoning GB
Year Built 1926
Township Washington
Property SubType Business
Tax Year 2022
Current Use Residential
Building Name NO SUBDIVISION
County Hendricks
New Construction N
Property Type Commercial Sale
Subdivision Name No Subdivision
Status Active
Directions Use GPS
City Indianapolis
Buyer Agent Compensation 3
High School District Avon Community School Corp
MLS Area 3204 - Hendricks - Washington
Lot Size Square Feet 210830
Street Name Raceway
Additional Parcels Y/N N
Virtual Tour https://view.paradym.com/idx/4824998 https://tours.callcarpenter.com/v/846-N-Raceway-Road-Indianapolis-IN-46234/4824998
Days on Market 120
Standard Status Active
Tax Lot /
Buyer Agent Compensation Type %
Legal Description PT E NE 5-15-2E 4.84AC
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Exterior
Building Area Total 10000
Lot Size Acres 4.84
Road Surface Type Asphalt
Road Frontage Type FrontageRd City Street
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Interior
Street Suffix Road
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* Excluded Features
List By
Carpenter, Realtors®

Broker

mpayne@callcarpenter.com

Email

Affordability Calculator

$3,466
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,585
Monthly Property Taxes
$881
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045023 Elementary School
4045028 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/1/2023$370,000 -7.50% Price Down
8/28/2023$400,000 Listed Price

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846 N Raceway Road, Indianapolis, IN, 46234 is a Commercial Property for sale at $370,000 with 10,000 sqft and a lot size of 4.84. 846 N Raceway Road is a studio with 0.0 baths and was built in 1926. The property's zip code is 46234 which is in Indianapolis, IN