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7601 Milhouse Road

Indianapolis, IN 46241

ActiveListed Nov 20, 2025 · 168 days on market

Key facts

Living area
1,424 sqft
Lot
0.97 acres
Year built
1977
Type
Commercial Sale · Business
MLS #
22071053
County
Marion
Total building area
1,424 sqft

About this home

Unique opportunity to own a versatile property with both residential and commercial potential. This home has long served as the maintenance office for an Ameriplex maintenance and offers a flexible layout ready for a variety of uses. The property includes an attached 1-car garage, a detached 3-car garage, and an additional storage shed, providing ample space for vehicles, tools, and equipment. Set on a convenient and accessible site, the structure could easily transition back to a private residence, continue as a support facility, or be repurposed for small-business operations. With its solid construction and generous storage, this property combines practicality with potential-perfect for tradespeople, small contractors, or investors seeking adaptable space in a prime location.

Description provided by the listing brokerage.

Exterior

Roof
AsphaltMetal
Parking and garage
AttachedAsphaltGatedStorageWorkshop in Garage
Fencing
Fence CompleteGatePerimeter

Systems

Heating
Forced Air
Cooling
Window Unit(s)
Utilities
Electricity Connected

Lot and HOA

Zoning
Commercial

Schools

Middle school
Decatur Middle School
High school
Decatur Central High School
School district
MSD Decatur Township

Taxes

Estimated annual tax
$5,160 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,778per month, estimated
Principal and interest $1,260Property tax $430Insurance $88
20% · $50,000
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.

Talk to a lender we trust
Listing Office:
@properties
Listing Office Phone:
317-489-3441
Listed by
Firm
@properties
Firm phone
317-489-3441
MLS #
22071053
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Listed at$250,000
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