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    2044 N Olney St Indianapolis, IN 46218

    For Sale
    $350,000

    Mixed Use - Indianapolis, IN

    Type:Mixed Use
    Property size:
    2,106 SF
    Lot size:
    0.52 Acres
    Days on Market:
    151
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 2044 N Olney St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    ZON-25 SU-1
    APN
    490732168024000101
    Size
    2,106 SF
    Lot size
    0.52 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1926
    Roof type
    Asphalt
    Architectural style
    Other

    Fathom Realty (317) 507-0837 [email protected]

    Listing agent Deborah Brandon (317) 590-8788 License #RB17000955

    Listing date Jul 10, 2025

    MLS# 22050019 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

    Church and Land For Sale

    This property, located in a thriving commercial district, includes the New Day Restoration Church and additional assets suitable for development. The church features a sanctuary with capacity for approximately 70 to 80 people. It also includes two restrooms, an office, and parking. The property also includes three vacant lots, each approximately half an acre in size. The zoning is ZON-25 SU-1. The church building has 2,106 square feet of living area. The property offers opportunities for portfolio enhancement or business/church expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Day Restoration ... Religious Institution

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.107367
    Latitude
    39.795482

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    FAQs

    What type of property is this?
    Church & religious facility - Church with development potential in a thriving commercial district.
    Where is this church & religious facility located?
    The property is located at 2044 N Olney St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime location in a thriving commercial district.; - Church includes a sanctuary that accommodates 70-80 people.; - Three vacant lots included, each approximately half an acre, primed for development.
    (317) 590-8788
    Request Owner's contact information
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    Indianapolis, IN 46218
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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
    2044 N Olney St Indianapolis, IN 46218
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