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Property profile & analytics

2050 Winter Ave Indianapolis, IN 46218

  • Theaters & concert halls
  • 63,459 SF
  • 1.11 lot acres
Value Estimation
Location Intelligence
Property ID
US31-0514095
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

  • Greater Love Temple / Church

Property Details for 2050 Winter Ave

Year built
1938
Construction
TYPE NOT SPECIFIED
Lot size
1.11 lot acres
Property size
63,459 SF
Property type
Theaters & concert halls
APN
49-07-31-192-031.000-101
APU
490731192031000101

Description

This exceptional property, located at 2050 Winter Ave, Indianapolis, IN 46218, presents a unique investment opportunity. Priced at $1,200,000, this substantial building, formerly a school, has served as a church for several years. The property boasts a generous amount of space, including numerous rooms and offices, offering significant potential for various uses. Its adaptable layout and ample square footage make it ideal for redevelopment projects. The building's solid construction and established location in Marion County provide a strong foundation for future endeavors. This is a chance to acquire a versatile property with significant potential for growth and return on investment. The property is classified as Special Purpose and is categorized as a Religious/Church building. Its prime location in Indianapolis offers easy access to major transportation routes and amenities. The building's history as a school and subsequent use as a church speaks to its enduring structural integrity and adaptability. This is a rare opportunity to acquire a large, well-located property with significant potential for a variety of uses. Serious inquiries are encouraged.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $620,000
  • CAP approach

    CAP return
    Estimation
    6%
    $645,000
    6.5%
    $650,000
    7%
    $565,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $575,000
    Geo Method
    $550,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $560,000
    Retail
    $675,000
    Mixed-Use
    $560,000
    Hospitality
    $545,000
    Educational
    $535,000
    Residential Income
    $525,000
    Energy
    $530,000
    Income-Based Land
    $685,000
    Food Service
    $610,000

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.1236
Latitude
39.7958
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
$0.00
$105,400
$1,042,600
$1,148,000
-
$105,400
$1,042,600
$1,148,000
More about this property
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