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4232 E Michigan Street

Indianapolis, IN 46201

ActiveListed Oct 21, 2026 · 1 day on market

Key facts

Living area
5,000 sqft
Lot
0.21 acres
Year built
1900
Type
Commercial Sale · Mixed Use
MLS #
22121748
County
Marion
Total building area
5,000 sqft

About this home

Strategically located just east of downtown and west of Irvington. The property zoned C2 and C3 has great potential. Check it out and use your imagination as for multi-use possibilities.

Description provided by the listing brokerage.

Exterior

Roof
Shingle
Fencing
Privacy

Systems

Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
C2, C3

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,552 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,477per month, estimated
Principal and interest $1,260Property tax $129Insurance $88
20% · $50,000
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.

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Listed at$250,000
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