Skip to content

1101 S East Street

Indianapolis, IN 46225

ActiveListed Aug 12, 2026 · 22 days on market

Key facts

Living area
528 sqft
Lot
0.14 acres
Year built
1986
Type
Commercial Sale · Business
MLS #
22119951
County
Marion
Total building area
528 sqft

About this home

Your next passive income source! This is the perfect investment property with a great tenant. The tenant is responsible for all expenses other than property taxes. This is an Amazing location with great drive-by traffic and easy access to everything in downtown Indianapolis, Bates-Hendricks, and Fountain Square neighborhoods. This has been a successful auto dealer for years. This was also the location of the original Hooks Drugs Store in 1900 the designated historic plaque located on the east side of the property.

Description provided by the listing brokerage.

Systems

Utilities
Electricity Connected

Lot and HOA

Zoning
C-5

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,562 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,613per month, estimated
Principal and interest $1,386Property tax $130Insurance $96
20% · $55,000
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$275,000
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.