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3815 N Shadeland Avenue

Indianapolis, IN 46226

ActiveListed Dec 11, 2024 · 680 days on market

Key facts

Lot
2.41 acres
Year built
1950
Type
Commercial Sale · Retail
MLS #
22014864
County
Marion

About this home

Great commercial site for development! 2.41 acres at one of the busiest intersections in Indianapolis. Heavy traffic count 36,497 on Shadeland Ave, 23,769 on E. 38th zone C-4 with optimum possibilities of multiple uses: drug store, convenience store, car wash, fast food etc. Vacant house on property.

Description provided by the listing brokerage.

Exterior

Parking and garage
Aggregate

Systems

Utilities
Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

Zoning
C-4

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$7,140 / yearTwice the semi-annual installment the listing reports.
Tax year
2023

Estimate your monthly payment

$7,064per month, estimated
Principal and interest $6,049Property tax $595Insurance $420
20% · $240,000
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$1,200,000
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