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2044 N Olney St - New Day Restoration, Church and six lots

0.76 Acres of Commercial Land Offered at £391,225 in Indianapolis, IN 46218

Investment Highlights

  • Land
  • Church concrete block
  • 6 total lots

Executive Summary

Property is listed in MIBOR. Property is church building, 4 vacant lots and small duplex/house listed as is in package.

Property Facts

Price £391,225
Sale Type Owner User
Sale Conditions Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Religious Facility
Total Lot Size 0.76 AC
Opportunity Zone Yes

1 Lot Available

Lot 1 & 2

Price £391,225
Price Per AC £516,981
Lot Size 0.76 AC

Church, 4 vacant lots and duplex house. A total of 6 lots in commercial district.

Description

Church 4 vacant lots and Duplex. Parcel ID/Tax ID 49-07-32-168-024-000-101 Center Township

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-07-32-168-024.000-101
  • 49-07-32-194-194.000-101
Land Assessment
£58,449 (2023)
Improvements Assessment
£150,152 (2023)
Total Assessment
£208,601 (2023)

zoning

Zoning Code Z001 (Prior zoning C3 after 2013 re-zone Z001)
Z001 (Prior zoning C3 after 2013 re-zone Z001)
  • Listing ID: 32782031

  • Date on Market: 13/08/2024

  • Last Updated:

  • Address: 2044 N Olney St, Indianapolis, IN 46218

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