Skip to content

2131 E 54th Street

Indianapolis, IN 46220

PendingListed Apr 9, 2026 · 150 days on market

Key facts

Living area
5,530 sqft
Lot
0.64 acres
Year built
1964
Type
Commercial Sale · Office
MLS #
22093646
County
Marion
Total building area
5,530 sqft

About this home

High-visibility Broad Ripple commercial building available for sale or lease. This 5,530 SF building offers excellent access and exposure along the north Indianapolis corridor. The flexible layout supports one to three users. Formerly used as a daycare, church, and office. Features include a fenced outdoor area and detached 22' x 24' garage. Suitable for office, educational, nonprofit, religious uses, or redevelopment. Sale Price: $560,000 Lease Rate: $15.00/SF

Description provided by the listing brokerage.

Exterior

Parking and garage
Detached
Fencing
Privacy

Systems

Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
C-1

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$7,400 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,635per month, estimated
Principal and interest $2,823Property tax $617Insurance $196
20% · $112,000
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$560,000
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.