Skip to content

4903 S High School

Indianapolis, IN 46221

ActiveListed Oct 12, 2026 · 1 day on market

Key facts

Living area
8,064 sqft
Lot
1.15 acres
Year built
1971
Type
Commercial Sale · Retail
MLS #
22130416
County
Marion
Total building area
8,064 sqft

About this home

Excellent opportunity to own a versatile multi use commercial property in Indianapolis! Offering approximately 8,064 square feet on 1.15 acres, this property features a flexible layout that can accommodate a variety of business and investment needs. The building includes a spacious professional office area, a large open hall, and additional commercial spaces that can be utilized for retail and beauty related businesses or as preferred. Significant improvements have been completed in recent years. The office area has been extensively remodeled with multiple private workspaces, updated flooring and lighting, fresh paint, and an updated restroom, providing a functional setting for a professional or business operation. The large hall has also been improved with new flooring, fresh paint, and a new roof. Ample parking, convenient road access, and great visibility add to the property's appeal. Ideal for an owner occupant, investor, or buyer seeking a flexible multi use commercial property with income producing potential and additional leasable space. Property is currently zoned C4. Buyer to verify permitted uses, zoning requirements, square footage, and suitability for intended use.

Description provided by the listing brokerage.

Exterior

Parking and garage
CommonConcrete

Systems

Heating
Gas
Cooling
Central Air
Utilities
Electricity ConnectedNatural Gas Connected

Lot and HOA

Zoning
C4

Schools

School district
MSD Decatur Township

Taxes

Estimated annual tax
$11,706 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,973per month, estimated
Principal and interest $2,803Property tax $976Insurance $195
20% · $111,200
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$556,000
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.