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108 W Madison Street

Kirklin, IN 46050

ActiveListed Oct 15, 2026 · 1 day on market

Key facts

Living area
3,952 sqft
Lot
0.2 acres
Year built
1970
Type
Commercial Sale · Retail
MLS #
22121514
County
Clinton
Total building area
3,952 sqft

About this home

108 E Madison Street represents a fantastic commercial investment opportunity in the heart of Kirklin's historic downtown core. This expansive 3,952-square-foot property is currently operating as an antique and collectibles retail business. Benefiting from recent building enhancements and positioned in a prime location just one block from Main Street, the property sits squarely in central Indiana's expanding northern growth corridor. With its massive retail footprint and strategic proximity to major regional economic hubs, this property is perfectly positioned for an owner-user or investor looking to capitalize on Kirklin's charm and the surrounding area's rapid development. Property Highlights Expansive Retail Footprint: The property boasts an impressive 3,952 square feet of commercial space, offering vast potential for retail, specialty shop, or mixed-use configurations. Proven Retail Location: Currently occupied by an active antique and collectibles business, demonstrating the space's viability for destination retail. Recent Upgrades: The property's 2025 tax assessment reflects a 31.0% ($12,600) jump in improvement value over 2024, signaling recent capital upgrades to the building. Kirklin is a charming, historic town that is rapidly becoming a strategic satellite location for central Indiana's booming economic development. The LEAP Innovation District: Kirklin is located approximately 16 miles from Lebanon and the massive LEAP Innovation District, which hosts Eli Lilly's ~$2.1 billion campus and Meta's $10 billion data center. Suburban Connectivity: The town sits within a highly desirable 20 to 25-mile radius of major, affluent northern suburbs including Zionsville, Westfield, and Carmel, while remaining just 12 miles from Frankfort. Future Infrastructure Upside: Kirklin is positioned along the route of a proposed Monon Trail extension, providing potential unconfirmed upside that could significantly boost future tourism, recreation, and local foot traffi

Description provided by the listing brokerage.

Exterior

Parking and garage
On Street

Systems

Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
B2 Central Business

Schools

School district
Clinton Central School Corporation

Taxes

Estimated annual tax
$1,726 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,459per month, estimated
Principal and interest $2,165Property tax $144Insurance $150
20% · $85,900
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.

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Listed at$429,500
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