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1640 N Ritter Avenue

Indianapolis, IN 46218

ActiveListed Mar 10, 2026 · 6 days on market

Key facts

Living area
9,500 sqft
Lot
0.36 acres
Year built
1975
Type
Commercial Sale · Office
MLS #
22088565
County
Marion
Total building area
9,500 sqft

About this home

1 story medical office building a with a full finished basement Located West of Community Hospital. Currently zoned HD-2 Which allows for: Assisted living, medical laboratories, general office, Pharmacy, Florist. The property is in very good condition. Property is currently leased by Daymar through May 31,2026.

Description provided by the listing brokerage.

Interior

Security
Building SecurityFire Alarm

Exterior

Roof
Fiberglass
Parking and garage
AttachedAsphalt

Systems

Heating
Natural Gas
Cooling
Central AirZoned
Utilities
Sewer ConnectedWater Connected

Lot and HOA

Zoning
HD-2

Schools

School district
MSD Warren Township

Taxes

Estimated annual tax
$6,276 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$6,992per month, estimated
Principal and interest $6,049Property tax $523Insurance $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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