$233,900 5720-5724 Madison Avenue Indianapolis, IN

MLS: 21369880   Type: Single Family   County: Marion   City: Indianapolis   Area: 4907-marion - Perry   Neighborhood: Elders 6th Edgewood   Zip: 46227   Style: Bi-Level     Stories: 2   Taxes: $1,076

Mortgage $1,098 /mo



Half Baths

Sqr Footage









Awesome investment or commercial opportunity! Three homes sit on this property. 5720, 5724 and 5730. 5730 is part of 5724. No sign on property. All 3 homes are currently rented as well as the warehouse. 5720 for $450 mo, 5724 for $675 mo, 5734 for $435 mo and 5730 for $435 mo. Warehouse is approx 2800 sq ft. Drainage is excellent on property. Lots of good fill dirt for potential use. Approx ISO linear/frontage feet on Madison. Far South West corner in floor plain by creek.

Elementary School

Middle School

High School

Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles

Price History

8/10/2015 Listed $249,990
7/11/2016 7% - $233,900

Affected by Disclosures 0
Area 4907 - Marion - Perry
Available for Showing 1
BAC Amount BACAmount%
Contingency Act with no Contingency
Disclosure Other Flood Plain Partial, Sales Disclosure On File
Inspection Warranties Not Applicable
Levels 2 Levels
Possession Negotiable
Property Sub Type Single Family
Property Type Residential
School District Perry Township
Township Perry

Interior Features

# of Fireplaces 0
Appliances Range Hood Fan
Basement 1
Basement Description Cellar
Cool FansCeilingPaddle, Central Electric
Eating Area Eat In Kitchen
Equipment Sump Pump
Fuel Gas
Heat ForcedAir
Interior Features Walk In Closet
Water Heater Gas

Exterior Features

Architectural Style Bi-Level
Exterior Brick
Foundation Basement-Block
Garage 1
Garage Parking 2 Car Detached
Lot Information Creek On Property, Storm Sewer, Tree Mature, Trees Small

Property Schools

Direct Link:


Gallery (7 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (46227)

Price 233K Avg 158K

Sqr Feet 3,930 Avg 2,243

Cost / Sqr Ft $60 Avg $71

Taxes $1,076 Avg $1,702

Acres 1.48 Avg 0.5

Visits 552 Avg 69

Days on Site 1,017 Avg 115

Walkscore® 44 Avg 33

Ask How to Finance this Property

Download Our Mobile App

Download Millions Mapped

Listing Provided Courtesy Of: Berkshire Hathaway Home

Back to Search

Chat is Now Online! Ask Away!

In the Neighborhood

Find Your Home's Value Instantly

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty Indiana
7708 Frank Ott Rd
Georgetown, IN