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Property profile & analytics

550 Washington St Indianapolis, IN 46204

  • Office Properties & Spaces
  • 45,576 SF
  • 0.65 lot acres
Value Estimation
Location Intelligence
Property ID
US31-2578526
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

  • Trine University - Indianapolis Education Center / Adult Education School
  • Milhaus / Real Estate Developer
  • Education Management Corporation / College

Property Details for 550 Washington St

Year built
1925
Construction
TYPE NOT SPECIFIED
Lot size
0.65 lot acres
Property size
45,576 SF
Zone code
ZO01
Property type
Office Properties & Spaces
APN
49-11-01-125-014.001-101
APU
491101125014001101

Description

This exceptional coworking space at 550 E Washington St, Indianapolis, IN 46204, offers a unique blend of historic charm and modern functionality. Located in a Class B building constructed in 1925, this three-story property boasts a total of 48,041 square feet, with 14,825 square feet currently available for lease. The space is ideal for businesses seeking flexible office solutions, with minimum divisible units of 3,072 square feet and a maximum contiguous space of 6,373 square feet. Multiple tenancy options are available to accommodate various business needs and sizes. The building provides ample parking with 60 spaces for tenants and their clients. This prime Indianapolis location offers easy access to the city's vibrant downtown core, providing excellent visibility and convenient access to amenities. The property's rich history and modern updates create a compelling workspace for businesses seeking a unique and productive environment. The available space presents a fantastic opportunity for companies looking to establish a presence in a thriving urban setting. Inquire today to learn more about leasing options and explore the possibilities of this exceptional coworking space.

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
-86.1476
Latitude
39.7673
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
$52,813
$622,900
$1,281,100
$1,904,000
-
$622,900
$1,281,100
$1,904,000
More about this property
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