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Property profile & analytics

5342 Elmwood Ave Indianapolis, IN 46203

  • Office buildings
  • 5,760 SF
  • 3.79 lot acres
Value Estimation
Last Sale
Jul 11, 2022
Location Intelligence
Property ID
US31-0682751
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

  • Tom's Auto Clinic LLC / Auto Repair Shop
  • Carrs Automotive LLC / Auto Body Shop
  • Indy Jump / Party Equipment Rental Service / Bouncy Castle Hire
  • Tfis Security / Security Guard Service
  • Digital Video Concepts / Audio Visual Consultant

Property Details for 5342 Elmwood Ave

Year built
2004
Construction
METAL FRAME
Lot size
3.79 lot acres
Property size
5,760 SF
Zone code
ZO01
Property type
Office buildings
APN
49-10-34-126-035.000-302
APU
491034126035000302

Description

The Griffin Buildings at 5342 Elmwood Avenue in Indianapolis, Indiana, offer a versatile multi-tenant industrial/flex property totaling approximately 29,103 square feet. This well-maintained property sits on a fully improved 3.62-acre site, providing ample space and convenient access to major transportation arteries. Its strategic location offers easy access to Interstates 69, 74, 65, and 70 via the southern I-465 loop, ensuring efficient logistics and convenient commutes for employees and clients. The property's flexible design caters to a wide range of business needs, encompassing traditional office space, adaptable flex space, and warehouse capabilities. Currently, one office space of 3,468 square feet is available. Located in Marion County, Indiana, with a 46203 zip code, this property presents a compelling opportunity for businesses seeking high-quality industrial/flex space in a prime Indianapolis location. The property's size and location make it ideal for companies requiring a blend of office, warehouse, and flexible workspace. This is a rare opportunity to secure a well-maintained and strategically located property in a thriving Indianapolis market. The property's multiple tenancy structure offers flexibility for businesses of varying sizes.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.0761
Latitude
39.7066
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
$30,321
$295,800
$504,500
$800,300
-
$295,800
$504,500
$800,300
More about this property
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