Address
7040 S FRANKLIN Road Indianapolis, IN
Price
$ 1,500,000
Property Attributes
  • MLS#21679722
  • TypeCom Land
  • CountyMARION
  • CityIndianapolis
  • AreaFranklin
  • NeighborhoodNO SUBDIVISION
  • Zip46259
  • StyleCommercial Land
  • Taxes3856
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5 Acres
Listing Provided Courtesy Of:
Cheri Meeks with Hoosier, REALTORS
Data Source:
Mid-Indiana BOR / MIBOR Realtor Association
Property Description

Location, Location, Location. This home with 5 acres is sitting in the heart of Franklin township in a fast growing area. Just a block away is a newly opened Mcdonald at the corner of Franklin and Southport Roads as well as Kroger with a strip mall. To the east is a new development started with approximately 300 homes. There is 300' road frontage. The property is in the comprehensive plans for Franklin township for commercial office use. This could include offices, health facilities, daycare facilities, private school, bank, plus many other uses. This property and two listed properties on Southport Road are connected and in the plans for the same use by the township. See 21678227 and 21610971 for a total of about 15 acres.

Price History
11/17/2020 Listed $1,500,000

General Features

Contingency Act with no Contingency
Current Use Residential
Other Structures Utility Buildings(s)
Possible Use Medical, Office, Residential
Property SubType Commercial Land
Property Type Land
Sewer Municipal Sewer Near
Standard Status Active
Subdivision Name NO SUBDIVISION
Terms NotApplic
Topography Level
Township Franklin
Zoning Res

Exterior Features

Lot Size Acres 5
Road Frontage Type City Street
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 46259

Price
AVG $1.55M
$1.5M
Taxes
AVG $5,134
$3,856
Visits
AVG 38
39

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