Financial
Distress signals
Property profile

2841 Michigan St Indianapolis, IN 46201

OFF-MARKET
Retail space
Property ID
US31-1056124
3,840 SF 0.25 ac lot Built 1953
Last sale Jul 2020 · $94,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$94k
Assessed land$25k
Assessed improvement$69k
Effective rate2.77%

Value estimate

· Sep 2026
$75k
$68k – $83k
AI approach$55k

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: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.7
Parking Facility9.5
Accounting Firm9.5

Location

2841 Michigan St Indianapolis, IN 46201
County assessor Recorded deeds · 2 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
2701 English, Indianapolis, IN 46201-4229 $26,450 Jan 2021 3,264 SF
3105 English, Indianapolis, IN 46201-4300 $91,370 Jan 2021 3,100 SF
4623 10th, Indianapolis, IN 46201-2823 $68,500 Jan 2021 2,808 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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