Skip to content

1028 Vandeman Street

Indianapolis, IN 46203

ActiveListed Nov 18, 2025 · 285 days on market

Key facts

Living area
2,430 sqft
Lot
0.1 acres
Year built
1920
Type
Commercial Sale · Industrial
MLS #
22073970
County
Marion
Total building area
2,430 sqft

About this home

The building consists of 1320 sq.ft. of ground floor and an additional 300+ sq.ft. of utility area on the second level. Two large overhead doors and one smaller overhead door lend the structure to use as storage or a workshop. It must be sold as a package sale: 3324 Prospect St and 1028 Vandeman St for a total of 0.2 acres of land ($233,900). Numerous potential uses as permitted by the Marion County Zoning Ordinance. Located just minutes from the interstate and the central Indianapolis area.

Description provided by the listing brokerage.

Systems

Utilities
Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

Zoning
I4

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,400 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$764per month, estimated
Principal and interest $605Property tax $117Insurance $42
20% · $24,000
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
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$120,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.