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Property profile & analytics

1026 Mitthoefer Rd Indianapolis, IN 46229-2461

  • Office Properties & Spaces
  • 5,908 SF
  • 0.74 lot acres
OFF-MARKET
Last Sale
Jan 06, 2025
$430,000
Value Estimations
$395,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US31-1097788
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Carpenter Realtors / Real Estate Agency / Real Estate Agent

Property Details for 1026 Mitthoefer Rd

Year built
1986
Construction
WOOD
Lot size
0.74 lot acres
Property size
5,908 SF
Zone code
ZO01
Property type
Office Properties & Spaces
APN
49-08-32-130-066.000-700
APU
490832130066000700

Description

This exceptional two-story office building, situated on a 0.74-acre lot at 1026 N Mitthoefer Rd, Indianapolis, IN 46229 (APN 490832130066000700), offers 5,908 square feet of versatile space. Built in 1986 and zoned Cl/C3, the property boasts high visibility due to its location just north of the intersection of Mitthoefer Road and 10th Street. The interior features a well-appointed layout including a conference room, a waiting area with a slate floor, a reception area, thirteen private offices, three large open bull pen areas, a copy/computer/break room, a spacious training room, a phone room, a supply room, and two sets of restrooms. The extensive parking lot provides ample space for employees and clients, with 37 marked parking spots and one designated handicapped spot, all illuminated by exterior lighting. This single-tenancy building presents a significant opportunity for businesses seeking a prominent and functional office space in a desirable Indianapolis location. The asking price is $475,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $390,000
    ML approach
    $305,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $512,000
    Market price range: $176k - $706k
    AI Estimate
    $359,000
    Market price range: $139k - $453k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-85.9908
Latitude
39.7832
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,341
$106,200
$288,600
$394,800
-
$106,200
$288,600
$394,800
More about this property
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