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Commercial Land for Lease in Indianapolis, Indiana
1915 Madison Ave, Indianapolis, IN 46225
$5,000/mo
4.78 acres
Available lease
$2.5k drop
NOW LEASING I-4 parking lot in Downtown Indianapolis. Nearly 5 acres, close to I-465. Heavy industrial zoning allows for vocational training, auto auctioneering, heavy equipment sales & service, and more. Access off of Caven Street.
Lease details
- Price
- $5,000 monthly
Location
- Street address
- 1915 Madison Ave
- County
- Marion County
- Community
- Marion - Center
- School district
- Indianapolis Public Schools
- Elevation
- 722 feet
Property details
- Acreage
- 4.78 acres
- Zoning
- I-4
- MLS #
- MIBOR 22005573
- Posted
Parcels
- 491113164012000101
Legal description
Herman Heinrich Schwers Sub Pt L 5 & 20' Vac Rr E & Adj Beg Se Cor Madison Ave & Caven St S544.21' E383.4' Nw565.77' W220.35'To Beg 3.726 Ac.
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- Keller Williams Realty
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Emmerich Manual High School | High | Indianapolis Public Schools | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 28, 2025 | Price drop | $5,000 | $2,500 -33.3% | MIBOR |
| July 15, 2025 | Price drop | $7,500 | $4,500 -37.5% | MIBOR |
| Jan 19, 2025 | Price added | $12,000 | — | MIBOR |
| Oct 8, 2024 | New listing | $— | — | MIBOR |
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