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Financial
Distress signals
Property profile

3220 Southeastern Ave Indianapolis, IN 46203

OFF-MARKET
Retail space
Property ID
US31-0132249
1,597 SF 0.55 ac lot Built 1958
Last sale Jul 2020 · $20,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This freestanding mixed-use commercial property was built in 1958 and is configured as a two-bay building. The site includes paved parking with two curb cuts and prominent signage, providing direct access and visibility from Southeastern Avenue. The property is located in a C-5 zoned area and is situated along a Compact Context corridor near the Marion County Community Justice Campus. The building’s configuration and location support potential uses including retail, office, automotive, gas or convenience, and service-oriented applications.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$165k
Assessed land$53k
Assessed improvement$112k
Effective rate2.77%

Value estimate

· Oct 2026
$175k
$158k – $193k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$33 – $119

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.3
Law Firm25.3
Dental Office25.0

Location

3220 Southeastern Ave Indianapolis, IN 46203-1449
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2402 Raymond, Indianapolis, IN 46203-4557 $120,000 Mar 2025 1,845 SF
2139 Prospect, Indianapolis, IN 46203-2121 $140,000 Aug 2024 2,146 SF
1156 Shelby, Indianapolis, IN 46203-1134 $600,000 Aug 2024 2,501 SF
2029 Prospect, Indianapolis, IN 46203-2032 $82,500 Nov 2019 2,442 SF
1261 Shelby, Indianapolis, IN 46203-1950 $552,500 Aug 2019 1,344 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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