3919 Madison Ave, Indianapolis, IN 46227-1365
- Office Spaces
- 37,492 SF
- 7.76 lot acres
Current Use by Public Records
- Bike Parking / Bicycle Rack
- Indianapolis South BMV Branch / Department Of Motor Vehicles
- Hope Academy / High School
- BMV Connect Kiosk / Department Of Motor Vehicles / Kiosk
- Anytime Fitness / Gym & Fitness Center
Property Details for 3919 Madison Ave
- Year built
- 1990
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 7.76 lot acres
- Zone code
- ZO01
- Property type
- Office Spaces
- APN
- 49-11-25-107-013.000-501
- APU
- 491125107013000501
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 9, 2026 | — | Hrsv LLC | Webv Indianapolis Jv LLC | Deed | — |
| Apr 7, 2025 | — | Webv Indianapolis Jv LLC | University Rs LLC | Quitclaim Deed · related | $3.2M · Bank Of America |
| Dec 1, 2014 | — | University Rs LLC | University Shoppes LLC | Quit Claim Deed · related | $4.2M · Pillar Multifamily |
| May 20, 2008 | — | University Shoppes LLC | Keystone Group LLC | Quit Claim Deed · related | $2.6M · National City Bank |
| Jan 9, 2008 | $16,225,000 | Keystone Group LLC | Marsh Supermarkets INC | Grant Deed | — |
| Nov 3, 2006 | — | Marsh Supermarkets INC | — | Deed Of Trust · related | $340M · Bank Of America |
| — | — | University Shoppes LLC | — | Loan Modification · related | $2.6M · Pnc Bank |
| — | — | University Shoppes LLC | — | Deed Of Trust · related | $2.4M · Pnc Bank |
Description
This exceptional commercial property, located at 3919 Madison Avenue in Indianapolis, Indiana, offers a versatile 11,515 square foot space ideal for a variety of uses. Currently entirely vacant, this multi-tenant building is classified as Retail, Office, and Industrial, with subtypes including Executive Office, Medical Office, and Distribution. The property sits on a sizable lot ranging from 0.592 to 1.207 acres in Marion County, providing ample space and potential for expansion or outdoor uses. The building's prime location at the hard corner of Hanna and Madison Avenue offers excellent visibility and accessibility. Its proximity to the University of Indianapolis, with its 5,600-student population, presents a unique opportunity to cater to a large and diverse clientele. The available space is divisible, offering flexibility for businesses of varying sizes. Specifically, there are two spaces available: one approximately 2,500 square feet and another approximately 12,858 square feet. This property presents a rare opportunity to establish a strong presence in a thriving Indianapolis neighborhood. The property's diverse zoning allows for a wide range of business possibilities, making it an attractive investment for both established companies and startups. Contact us today to learn more about this exceptional commercial opportunity.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1415
- Latitude
- 39.709
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
