Furnished Office Units with
For Lease
$9,575/Mo
5103 Madison Avenue, Indianapolis, IN 46227
Commercial Lease, Indianapolis, IN
Space SizeContact for details
Lot Size1.96 Acres
Days on Market23
Property Features for 5103 Madison Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
C1
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
491506122027000500
Lot size
1.96 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt Nw1/4 Nw1/4 S6 T14 R4 Stantons Madison Ave Addpt L2 Beg Nw Cor L2 E 547.63' S 162.08' W508.3' Mwrly 168' To Beg 1.964Ac
Tax Annual Amount
42276
Legal Description
Pt Nw1/4 Nw1/4 S6 T14 R4 Stantons Madison Ave Addpt L2 Beg Nw Cor L2 E 547.63' S 162.08' W508.3' Mwrly 168' To Beg 1.964Ac
Building Details
Year built
1974
Floors in Building
1
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 882-5900
Listed By:
Shelly Johnson · License #RB14043056
(317) 883-9125
Added: Sep 21
Last Checked: Oct 13 at 3:06AM
MLS# 22127276
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 nearly 6,000-square-foot office configuration is furnished and arranged for immediate professional use. The layout includes 10 private offices, with 3 executive offices, along with a conference room equipped for presentations and team meetings. A break room with a full kitchen adds practical support space, while separate men's and women's restrooms each provide dual stalls.
The property occupies 1.96 acres and includes parking for employees and clients. Zoning is C1. Access to I-465 is convenient, and Madison Avenue provides a direct route toward Downtown Indianapolis. Built in 1974, the space offers an established office setting for professional operations.
The property occupies 1.96 acres and includes parking for employees and clients. Zoning is C1. Access to I-465 is convenient, and Madison Avenue provides a direct route toward Downtown Indianapolis. Built in 1974, the space offers an established office setting for professional operations.
Key Highlights
- Nearly 6,000 SF of furnished office space
- 10 private offices, including 3 executive offices
- Conference room with TV input for presentations and meetings
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
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
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Market
Lease Benchmarks for Indianapolis, IN
$22.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,675 SF
Avg Space Size
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fully furnished professional office space with private rooms, meeting facilities, kitchen, restrooms, and on-site parking.
Where is this office units located?
The property is located at 5103 Madison Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $9,575/Mo.
What are key features of this property?
This property features: Nearly 6,000 SF of furnished office space; 10 private offices, including 3 executive offices; Conference room with TV input for presentations and meetings
