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Property profile & analytics

1135 Shelby St Indianapolis, IN 46203

  • Office Properties & Spaces
  • 1,360 SF
  • 0.13 lot acres
For Lease
Last Sale
Dec 18, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-1165076
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

  • Southside Democrat Club / Political Party Office

Property Details for 1135 Shelby St

Year built
1930
Construction
TYPE NOT SPECIFIED
Lot size
0.13 lot acres
Property size
1,360 SF
Property type
Office Properties & Spaces
APN
49-10-18-185-005.000-101
APU
491018185005000101

Description

This 1,360 square foot Class B office building is located at 1135 Shelby St, Indianapolis, IN 46203, in the vibrant Fountain Square neighborhood. Currently vacant, this single-tenant property offers significant potential for an owner-user or developer. The asking price is $450,000. The building sits on a 0.13-acre lot and boasts twelve dedicated parking spaces, a significant advantage in this area. The interior layout includes a spacious office, a meeting room, a full kitchen with two storage closets, and two restrooms. Its convenient location provides easy access to major thoroughfares and is surrounded by popular restaurants and shops, making it an attractive option for a variety of businesses. The property's strong location within a thriving submarket, combined with its ample parking and functional floor plan, presents a compelling investment opportunity. The building is ready for immediate occupancy, allowing a new owner to quickly establish their presence in this desirable neighborhood. This is a rare opportunity to acquire a well-situated, single-tenant office building in a highly sought-after Indianapolis location.


Value Estimations

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Location Insight

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  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.1394
Latitude
39.7513
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
$2,042
$48,800
$24,800
$73,600
-
$48,800
$24,800
$73,600
More about this property
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