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    3604 Madison Ave Indianapolis, IN 46227

    For Sale
    $800,000

    Warehouse - Indianapolis, IN

    Type:Single Family Residence
    Property size:
    7,800 SF
    Lot size:
    3.00 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 3604 Madison Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    C-3
    APN
    491125109002000570
    Parking features
    Guest
    Exterior features
    Fencing
    Fencing
    Fenced
    Size
    7,800 SF
    Lot size
    3.00 Acres

    Building Details

    Year built
    1996
    Architectural style
    Other

    eXp Realty (888) 611-3912 [email protected]

    Listing agent Dilraj Singh (888) 611-3912 License #RB25001047

    Listing date Oct 23, 2025

    MLS# 22068061 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

    Madison Avenue Warehouse with Yard

    This high-visibility commercial site is located on Madison Avenue in Indianapolis. The property includes a 3,000 square foot metal warehouse constructed in 1996, featuring a 16-foot peak and 12-foot perimeter ceilings. A loading bay with an operational overhead door is present. The site also offers an expansive yard on approximately 3 acres. Additionally, there is a separate structure built in 1980 suitable for office or storage use. The property benefits from excellent exposure on a major corridor, with an average daily traffic count of approximately 20,000 vehicles. This provides strong visibility and easy access. The zoning is C-3 Commercial. The property is suitable for contractors, fabrication, automotive, or light industrial use, with quick access to I-465 and downtown Indianapolis. The total property size is 7,800 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Castros Countertops inc Countertop Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

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    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.145763
    Latitude
    39.713325

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    FAQs

    What type of property is this?
    Warehouse - 3-acre Indianapolis warehouse with high visibility and expansive yard.
    Where is this warehouse located?
    The property is located at 3604 Madison Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - High-visibility C-3 Commercial site on Madison Ave with 20,000 average daily traffic.; - 3,000 SF metal warehouse with **16-ft peak ceilings and loading bay.**; - Expansive 3-acre yard.
    (888) 611-3912
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    Indianapolis, IN 46227
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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
    3604 Madison Ave Indianapolis, IN 46227
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