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3429 Prospect Street

Indianapolis, IN 46203

PendingListed Aug 12, 2026 · 50 days on market

Key facts

Living area
4,608 sqft
Lot
0.21 acres
Type
Commercial Sale · Business
MLS #
22120097
County
Marion
Total building area
4,608 sqft

About this home

Bring your vision to 3429 Prospect St, a turnkey, move-in-ready church and community facility designed for organizations looking for more than just a building-a place where people can gather, connect, worship, serve, and grow together. This 4,608 SF two-level facility offers the space and functionality to support a growing congregation, nonprofit, community organization, or creative use. The spacious 2,304 SF main level features an expansive assembly hall with seating for approximately 250 people, along with three private administrative offices. The finished 2,304 SF lower level includes a large fellowship hall, functional kitchen, and flexible space for meals, programs, meetings, classes, and community events. Pews, seating, tables, an organ, and kitchen appliances can be included, making this a truly turnkey opportunity. With SU-1 zoning and potential for flexible reuse, the property could also accommodate an event space, daycare, office center, or other community-focused use. Vacant and ready for your vision, this is more than a building-it's a place to gather, serve, build community, and grow. Priced to sell with value-add opportunities.

Description provided by the listing brokerage.

Interior

Security
Fire Sprinkler System

Systems

Heating
Natural Gas
Utilities
Electricity ConnectedNatural Gas Connected

Lot and HOA

Zoning
Commercial

Schools

School district
Indianapolis Public Schools

Taxes

Tax year
2025

Estimate your monthly payment

$2,023per month, estimated
Principal and interest $1,638Property tax $271Insurance $114
20% · $65,000
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.

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Listed at$325,000
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