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5 E Railroad Street

Roachdale, IN 46172

ActiveListed Mar 10, 2022 · 1436 days on market

Key facts

Lot
0.15 acres
Year built
1930
Type
Commercial Sale · Retail
MLS #
21842469
County
Putnam

About this home

Large commercial building with commercial size kitchen. Currently used as an "events center" that can be rented for private parties, receptions, fund raisers, etc. Turn-key operation if current use is maintained. Purchase of the property includes the real estate, appliances, furniture, kitchen utensils, audio-visual equipment, maintenance equipment, etc. Building has been recently remodeled with newer roof, new ceiling, new hvac, new lighting/electrical, fresh paint, new concrete sidewalk, etc. Sellers will provide business financials for qualified buyers. Gorgeous facility with seating for approximately 150. Large amounts of storage. Both mens and womens restroom facilities. Municipal gas, water and wastewater utilities.

Description provided by the listing brokerage.

Systems

Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
Business

Schools

Elementary school
Roachdale Elementary School
Middle school
North Putnam Middle School
High school
North Putnam Sr High School
School district
North Putnam Community Schools

Taxes

Estimated annual tax
$964 / yearTwice the semi-annual installment the listing reports.
Tax year
2020

Estimate your monthly payment

$1,051per month, estimated
Principal and interest $907Property tax $80Insurance $63
20% · $36,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$180,000
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