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    11 W Main St Markleville, IN 46056

    For Sale
    $599,000

    Business - Markleville, IN

    Type:Business
    Property size:
    15,573 SF
    Lot size:
    0.91 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 11 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Commercial
    APN
    481328400183000002
    Size
    15,573 SF
    Lot size
    0.91 Acres

    Building Details

    Year built
    1913
    Roof type
    Asphalt
    Architectural style
    Other

    Indy Metro Northeast dba Keller Williams Realty (317) 564-7100 [email protected]

    Listing agent Sharon Stamper Thompson (317) 564-7100 License #RB14044406

    Listing date Nov 4, 2025

    MLS# 22033972 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

    Restored Historic Building, Event Venue

    The Hardy Building, a restored 1913 brick structure, is located in downtown Markleville. The property, originally a hardware store, offers over 15,000 square feet of flexible space and is currently operating as an event venue. The main level features an open floor suitable for receptions, weddings, or community events, along with an adjacent annex, a prep area for caterers, and renovated restrooms. The updated second floor includes separate bride and groom rooms, a function area, and additional modernized restrooms, making it suited for private events and gatherings. Zoned for general commercial use, the building is also ideal for a dance or exercise studio, coworking space, or other creative business ventures. Positioned on a 0.19-acre lot, the Hardy Building offers visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Veterinary Clinic Wine and Liquor Store Italian Restaurant Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Markleville
    County
    Madison
    State
    Indiana
    Longitude
    -85.6153017
    Latitude
    39.9779244

    Nearby Similar for Sale

    • New
      $299,000
      2,124 SF

      Markleville Hobby Farm with Fenced Land

      2-acre hobby farm with stables, pastures, and insulated garage.
      10417 S Sr 109, Markleville, IN 46056
      View Details

    FAQs

    What type of property is this?
    Wedding venue - Fully restored 1913 building, currently an event venue.
    Where is this wedding venue located?
    The property is located at 11 W Main St Markleville, IN.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Fully restored 1913 brick building with OVER 15,000 sq ft of flexible space.; - Currently operating as an event venue with renovated main and second floors.; - Includes bride and groom rooms, caterer prep area, and modernized restrooms.
    (317) 564-7100
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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
    11 W Main St Markleville, IN 46056
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