Skip to content

955 Oliver Avenue

Indianapolis, IN 46221

ActiveListed Jun 27, 2026 · 3 days on market

Key facts

Living area
11,723 sqft
Lot
0.45 acres
Type
Commercial Sale · Business
MLS #
22110775
County
Marion
Total building area
11,723 sqft

About this home

955 Oliver Avenue presents a rare opportunity to acquire a highly visible church property positioned directly in the path of one of Indianapolis' most significant transformational developments. Located just across the street from Elanco's Global Headquarters, this property sits within the rapidly evolving Near West / Downtown Indianapolis redevelopment corridor where billions of dollars of public and private investment are reshaping the area. The new Elanco campus is serving as a catalyst for substantial residential, commercial, infrastructure, and mixed-use development throughout the surrounding neighborhood, creating exceptional long-term redevelopment potential and increasing demand for strategically located real estate. The property offers immediate access to Downtown Indianapolis, I-65, I-70, and major employment centers, placing it in the center of a corridor experiencing unprecedented growth and reinvestment. As the Near West side continues its transformation into a premier live-work-play destination, 955 Oliver Avenue is uniquely positioned to benefit from rising property values, increased neighborhood activity, and future redevelopment opportunities. Whether for continued religious use, community-oriented operations, institutional use, or a visionary redevelopment project, this property represents a compelling chance to secure a prominent site in one of Indianapolis' fastest-changing urban districts.

Description provided by the listing brokerage.

Systems

Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
C-1

Schools

School district
Indianapolis Public Schools

Taxes

Tax year
2024

Estimate your monthly payment

$5,290per month, estimated
Principal and interest $4,285Property tax $708Insurance $298
20% · $170,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), 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$850,000
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.