Mixed-Use Property with Open
New
For Sale
$556,000
4903 S High School, Indianapolis, IN 46221
Commercial Sale, Indianapolis, IN
Property Size8,064 SF
Lot Size1.15 Acres
Price / SF$68.95
Days on Market3
Property Features for 4903 S High School
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
C4
Elementary school district
MSD Decatur Township
Middle school district
MSD Decatur Township
High school district
MSD Decatur Township
Directions
GPS Friendly
Subdivision
4908 - Marion - Decatur
Standard status
Active
APN
491236133010000200
Lot size
1.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Sw1/4 S36 T15 R2 300' N Sw Cor P.O.B. E250' N229.25' Sw257.38' S170.25' 1.15Ac
Tax Annual Amount
11706
Legal Description
Pt Sw1/4 S36 T15 R2 300' N Sw Cor P.O.B. E250' N229.25' Sw257.38' S170.25' 1.15Ac
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
1971
Floors in Building
1
Listing Agency:
Highgarden Real Estate
(317) 205-4320
Listed By:
Adejumoke Olatunji
(317) 280-4663
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 2:06AM
MLS# 22130416
Copyright © 2026 Broker Listing Cooperative®. 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.
This mixed-use commercial property contains approximately 8,064 square feet on 1.15 acres. Its layout includes a professional office area with multiple private workspaces, a large open hall, and other commercial areas. Recent office updates include new flooring and lighting, fresh paint, and an updated restroom. The hall has new flooring and paint, along with a new roof.
Zoning is C4. The property has natural gas heating, central air conditioning, and on-site parking. It was built in 1971 and is located in Indianapolis, Indiana.
Zoning is C4. The property has natural gas heating, central air conditioning, and on-site parking. It was built in 1971 and is located in Indianapolis, Indiana.
Key Highlights
- Approximately 8,064 square feet on 1.15 acres
- C4 zoning
- Office area includes multiple private workspaces, updated flooring and lighting, fresh paint, and an updated restroom
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Explore this area
Business Placement
Demographics for 46221, IN
27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value
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Market
Vacancy Rate% for Retail in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C4-zoned property combines renovated office rooms with an open hall and additional commercial areas.
Where is this mixed-use property located?
The property is located at 4903 S High School Indianapolis, IN.
What is the asking price?
The asking price for this property is $556,000.
What are key features of this property?
This property features: Approximately 8,064 square feet on 1.15 acres; C4 zoning; Office area includes multiple private workspaces, updated flooring and lighting, fresh paint, and an updated restroom
