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Improved Mixed-Use Land for Sale in Indianapolis, Indiana

3604 Madison Ave, Indianapolis, IN 46227

$800,000
3 acres
Active
Est $4,433/mo

High-visibility C-3 Commercial site on Madison Ave. Features a 3,000 SF metal warehouse (built 1996) with 16-ft peak / 12-ft perimeter ceilings, loading bay with operational overhead door, and expansive yard on approximately 3 acres. Includes a separate structure built in 1980 ideal for office or storage use. Excellent exposure on a major corridor with average daily traffic of about 20,000 vehicles, providing strong visibility and easy access. Perfect for contractors, fabrication, automotive, or light industrial use, with quick access to I-465 and downtown Indianapolis.

7,800
Sq feet
1996
Built

Location

Street address
3604 Madison Ave
Community
Marion - Perry
School district
Perry Township Schools
Elevation
732 feet
Coordinates
39.7133, -86.1458

Property details

Acreage
3 acres
Zoning
C-3
MLS #
MIBOR 22068061
Posted

Parcels

  • 491125109002000570

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Single Family Residence

Exterior

Parking
Guest
Fencing
Fenced
Features
Fencing

Listing history

DateEventPriceChangeSource
Oct 24, 2025New listing$800,000MIBOR
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This 3-acre property is located at 3604 Madison Ave in Indianapolis, IN 46227. The property is available for sale for $800,000. It has a 7,800 sq ft structure built in 1996.

Checked 8 hours ago — Updated

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