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    2050 Winter Ave Indianapolis, IN 46218

    Sponsored
    For Sale
    $1,200,000

    Spacious Church Building; Redevelopment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional property, located at 2050 Winter Ave, Indianapolis, IN 46218, presents a unique investment opportunity. Priced at $1,200,000, this substantial building, formerly a school, has served as a church for several years. The property boasts a generous amount of space, including numerous rooms and offices, offering significant potential for various uses. Its adaptable layout and ample square footage make it ideal for redevelopment projects. The building's solid construction and established location in Marion County provide a strong foundation for future endeavors. This is a chance to acquire a versatile property with significant potential for growth and return on investment. The property is classified as Special Purpose and is categorized as a Religious/Church building. Its prime location in Indianapolis offers easy access to major transportation routes and amenities. The building's history as a school and subsequent use as a church speaks to its enduring structural integrity and adaptability. This is a rare opportunity to acquire a large, well-located property with significant potential for a variety of uses. Serious inquiries are encouraged.

    Property Features for 2050 Winter Ave

    General Information

    Property type
    Churches & religious facilities

    HighLights

    • $1,200,000 asking price.
    • Special purpose property, previously a school, now a church.
    • Located at 2050 Winter Ave, Indianapolis, IN 46218.
    • Features numerous rooms and offices, offering significant space.
    • High redevelopment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Greater Love Temple Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.123913099106
    Latitude
    39.795811205647

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    FAQs

    What type of property is this?
    Church & religious facility - Spacious Church Building; Redevelopment Opportunity
    Where is this church & religious facility located?
    The property is located at 2050 Winter Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; Special purpose property, previously a school, now a church.; Located at 2050 Winter Ave, Indianapolis, IN 46218.
    Request Owner's contact information
    2050 Winter Ave Indianapolis, IN 46218
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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
    2050 Winter Ave Indianapolis, IN 46218
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