Industrial Site with Warehouse
For Sale
$639,000
3604 Madison Avenue, Indianapolis, IN 46227
COMMERCIAL - Indianapolis, IN
Property Size7,800 SF
Lot Size3.00 Acres
Price / SF$81.92
Days on Market295
Property Features for 3604 Madison Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Parking features
Guest
Fencing
Chain Link
Elementary school district
Perry Township Schools
Middle school district
Perry Township Schools
High school district
Perry Township Schools
Directions
GPS Friendly
Subdivision
4907 - Marion - Perry
Standard status
Active
APN
491125109002000570
Lot size
3.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Pt Se1/4 S25 T15 R3 Beg 714.25' Se Of N/L Of Cl Rd P.O.B. Se352.18' W461.1' N330.38' W332.75' E332.75' 3Ac
Legal Description
Pt Se1/4 S25 T15 R3 Beg 714.25' Se Of N/L Of Cl Rd P.O.B. Se352.18' W461.1' N330.38' W332.75' E332.75' 3Ac
Utilities
Water source
Well
Building Details
Year built
1996
Floors in Building
1
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Dilraj Singh · License #RB25001047
(888) 611-3912
Added: Oct 21, 2025
Changed: Aug 4
Last Checked: Aug 11 at 8:06AM
MLS# 22068061
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
A high-visibility 3-acre C-3 commercial/industrial site with multiple structures and substantial outdoor space. The property includes a 3,000 SF metal warehouse built in 1996 with 16-ft peak and 12-ft perimeter ceilings, along with a fully operational overhead loading bay. A secondary structure built in 1980 offers additional usable space totaling 7,800 SF across the buildings, and the site is supported by chain-link perimeter fencing.
The grounds feature a fenced yard area, gravel drive, and utility connectivity including electric, public sewer, water, and well. The site has direct access to I-465 and is located on Madison Avenue, described as a premier south-side corridor with average daily traffic exceeding 20,000 vehicles.
For sale at 3604 Madison Avenue, the configuration is designed to support both building-based operations and outdoor equipment staging, fleet parking, or other yard-based activities within the fenced perimeter.
The grounds feature a fenced yard area, gravel drive, and utility connectivity including electric, public sewer, water, and well. The site has direct access to I-465 and is located on Madison Avenue, described as a premier south-side corridor with average daily traffic exceeding 20,000 vehicles.
For sale at 3604 Madison Avenue, the configuration is designed to support both building-based operations and outdoor equipment staging, fleet parking, or other yard-based activities within the fenced perimeter.
Key Highlights
- 3‑acre C‑3 commercial site on Madison Avenue with direct access to I‑465 and average daily traffic exceeding 20,000 vehicles
- 3,000 SF metal warehouse (built 1996) with 16‑ft peak/12‑ft perimeter ceilings and a fully operational overhead loading bay
- Additional 4,800 SF secondary structure (built 1980) suitable for office or storage; total usable building space is 7,800 SF
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46227, IN
62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value
Market
Vacancy Rate% for Industrial in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 3-acre C-3 site with a metal warehouse, secondary structure, fenced yard, and utility service.
Where is this warehouse located?
The property is located at 3604 Madison Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 3‑acre C‑3 commercial site on Madison Avenue with direct access to I‑465 and average daily traffic exceeding 20,000 vehicles; 3,000 SF metal warehouse (built 1996) with 16‑ft peak/12‑ft perimeter ceilings and a fully operational overhead loading bay; Additional 4,800 SF secondary structure (built 1980) suitable for office or storage; total usable building space is 7,800 SF
