Skip to content

1202 S Lynhurst Drive

Indianapolis, IN 46241

PendingListed Jul 10, 2026 · 94 days on market

Key facts

Living area
8,311 sqft
Lot
0.61 acres
Type
Commercial Sale · Business
MLS #
22113593
County
Marion
Total building area
8,311 sqft

About this home

Commercial opportunity at 1202 S Lynhurst Drive. Approximately 8,311 SF of total space, including 7,861 SF of finished building area and a 450 SF attached garage. Currently operating as a funeral home. Open layout with multiple potential uses under C4 zoning. Three large chapel areas, office spaces, storage areas, and multiple entrances. His and hers stall restrooms, a living area with kitchenette and full bathroom. With its existing layout and C4 potential uses includes emergency shelter, business offices, art-related uses, clubs or lodges, community centers, museums, libraries, art galleries, religious uses, medical/dental offices, centers or clinics, and financial or insurance services. Buyers and users are encouraged to review the applicable land use table for a complete list of permitted possibilities and requirements. Located minutes from I-465 and Sam Jones Parkway/I-70, this property offers convenient accessibility. A neighboring property owner may be open to a parking lot maintenance and use agreement, providing a potential opportunity for additional parking solutions.

Description provided by the listing brokerage.

Systems

Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
C4

Schools

School district
MSD Wayne Township

Taxes

Estimated annual tax
$13,078 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$5,402per month, estimated
Principal and interest $4,033Property tax $1,090Insurance $280
20% · $160,000
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$800,000
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.