2121 Madison
Indianapolis, IN
$380,000
2121 Madison, Indianapolis, IN 46225
Indianapolis, IN 46225
MLS# MBR22107440
Listed 1 day ago
About this home
Rare four-parcel mixed-use offering totaling 0.36 acres (15,682 SF) in a rapidly appreciating near-south Indianapolis corridor, easy interstate access, minutes from downtown, Fountain Square, and Bates-Hendricks. The 4,380 SF two-story building provides flexible owner-user space: a ground-floor office and rear warehouse served by a drive-in door (10' W x 9' H, with height-expansion potential), plus a recently renovated upper-level 2-bed/1-bath apartment suited to live-work use or rental income. Heating is provided by a functional boiler-and-radiator system; newer roofing covers the front office and residential portions, while the rear warehouse has an older flat roof. Three of the four contiguous, separately platted lots are vacant, offering expansion, parking, or redevelopment flexibility amid active land assembly in the immediate area. Delivered vacant for immediate occupancy - a versatile value-add or assemblage opportunity. Buyer to verify zoning and square footage.
Property Details
- Type
- Commercial
- Year Built
- 1944
- Lot Size
- 0.36 acres
- Listed
- 1 day ago
- County
- Marion
- Listing Office
- Mark Dietel Realty, LLC
- Listing Agent
- Connor Jones
Mortgage Calculator
Estimate principal and interest for this listing.
$76,000
Estimated monthly payment
$1,921/mo
- Principal & interest
- $1,921
- Loan amount
- $304,000
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Mark Dietel Realty, LLC with Connor Jones. Contact connor.jones@markdietel.com.




