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Financial
Distress signals
Property profile

1505 Southeastern Ave Indianapolis, IN 46201

OFF-MARKET
Retail space
Property ID
US31-0747722
7,719 SF 0.23 ac lot Built 1947
Last sale Jan 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 7,719-square-foot industrial property at 1505 Southeastern Avenue, Indianapolis, IN 46201, is offered at $725,000 ($93.92/SF). Built in 1964, this I-3 zoned facility sits on 0.32 acres and features two 12'x10' drive-in doors, two private offices, and two restrooms. The building offers 100% climate control and substantial power (480V/600 amps), making it suitable for various industrial uses. Its prime location is just 1.2 miles from the I-65/I-70 interchange and 1.4 miles from downtown…

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?
$7k
Tax billed · 2023
Assessed value$248k
Assessed land$22k
Assessed improvement$226k
Effective rate2.77%

Value estimate

· Oct 2026
$210k
$189k – $231k
Submarket $/SF estimate$561k

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

What can be built here?
ZO01
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy11.4
Laundry Service10.5
Computer & Electronic Repair9.2

Location

1505 Southeastern Ave Indianapolis, IN 46201-3980
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
463 Lasalle, Indianapolis, IN 46201-3461 $130,000 Feb 2024 4,712 SF
2444 Washington, Indianapolis, IN 46201-4156 $250,000 May 2023 10,795 SF
2701 English, Indianapolis, IN 46201-4229 $26,450 Jan 2021 3,264 SF
2841 Michigan, Indianapolis, IN 46201 $94,000 Jul 2020 3,840 SF
2902 10th, Indianapolis, IN 46201-2425 $150,000 Apr 2019 4,128 SF
3324 10th, Indianapolis, IN 46201-2504 $115,000 Dec 2018 4,700 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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