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    Property profile & analytics

    3333 Founders Rd Indianapolis, IN 46268

    • Office Properties & Spaces
    • 19,380 SF
    • 1.43 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US31-0353971
    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

    • Harvath Heating and Air / Hvac Contractor
    • Crestline Construction / Corporate Office
    • Crestline Communities / Real Estate Developer
    • Hubbard Development Co., LLC / Real Estate Developer
    • next generation flex space / Real Estate Agency

    Property Details for 3333 Founders Rd

    Year built
    1975
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.43 lot acres
    Property size
    19,380 SF
    Zone code
    ZO01
    Property type
    Office Properties & Spaces
    APN
    49-03-17-102-024.000-600
    APU
    490317102024000600

    Description

    This exceptional two-story office building, located in Indianapolis's desirable College Park submarket at 3333 Founders Road (near 86th Street), offers a flexible workspace solution. The property totals 18,000 square feet and is comprised of two suites, with one available space ranging from 9,000 to 11,000 contiguous square feet. Tenants can choose a first or second-floor space to best suit their operational needs. The building features convenient elevator access. Its prime location provides easy access to major thoroughfares, including 86th Street and Michigan Road, and is less than half a mile from I-465, offering convenient commutes throughout the Indianapolis metropolitan area. The property is situated approximately 15 miles from downtown Indianapolis, providing a balance between suburban tranquility and urban accessibility. This location offers businesses a dynamic and adaptable space within a thriving commercial district, surrounded by a wealth of amenities. The building is classified as a Traditional Office, Executive Office, and Medical Office space, making it suitable for a variety of businesses. This is a rare opportunity to secure a significant space in a highly sought-after area.

    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
    -86.2179
    Latitude
    39.9128
    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
    $23,014
    $452,900
    $533,700
    $986,600
    -
    $452,900
    $533,700
    $986,600

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    Indianapolis, IN 46268
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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
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