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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/moHigh-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
- County
- Marion County
- Community
- Marion - Perry
- School district
- Perry Township Schools
- Elevation
- 732 feet
Property details
- Acreage
- 3 acres
- Zoning
- C-3
- MLS #
- MIBOR 22068061
- Posted
Parcels
- 491125109002000570
Legal description
Pt Se1/4 S25 T15 R3 Beg 714.25' Se Of N/L Of Cl Rd P.O.B. Se352.18' W461.1' N330.38' W332.75' E332.75' 3Ac
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Single Family Residence
Exterior
- Parking
- Guest
- Fencing
- Fenced
- Features
- Fencing
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 24, 2025 | New listing | $800,000 | — | MIBOR |
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