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    1028 Vandeman St Indianapolis, IN 46203

    Pending
    For Sale
    $160,000

    Industrial - Indianapolis, IN

    Type:Industrial
    Property size:
    2,430 SF
    Lot size:
    0.10 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1028 Vandeman St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Pending
    Zoning
    I4
    APN
    491008100004000101
    Size
    2,430 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1920
    Number of units
    6
    Architectural style
    Other

    eXp Realty (812) 734-6048 [email protected]

    Listing agent Marcia Souers (888) 611-3912 License #RB14034797

    Listing date Nov 28, 2025

    MLS# 22073970 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building Near Interstate

    The property is an industrial building with 1320 square feet on the ground floor, plus over 300 square feet of utility area on the second level. It features two large overhead doors and one smaller overhead door, making it suitable for storage or a workshop. The building's intended use aligns with the Marion County Zoning Ordinance. Its location provides convenient access to the interstate and central Indianapolis area. The lot size is 0.1 acres. The total property size is 2430 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    ADM Beech Grove, self storage place

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.109823274051
    Latitude
    39.75286915385

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    FAQs

    What type of property is this?
    Warehouse - Industrial building with overhead doors, near interstate, Indianapolis.
    Where is this warehouse located?
    The property is located at 1028 Vandeman St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Convenient location minutes from the interstate and central Indianapolis.; - 1320 sq.ft. of ground floor space plus 300+ sq.ft. of utility area.; - Versatile space suitable for storage or workshop.
    (888) 611-3912
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    1028 Vandeman St Indianapolis, IN 46203
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    Indianapolis, IN 46203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1028 Vandeman St Indianapolis, IN 46203
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