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    4505 Harding St Indianapolis, IN 46217-9266
    Property profile & analytics

    4505 Harding St, Indianapolis, IN 46217-9266

    View on Map

    • Hotels
    • 76,425 SF
    • 5.22 lot acres
    Off-Market
    Last Sale May 20, 2022
    Property ID
    US31-3469553
    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.

    Value Estimations
    $745,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 4505 Harding St

    Year built
    1975
    Construction
    TYPE NOT SPECIFIED
    Lot size
    5.22 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    49-11-34-105-007.000-500
    APU
    491134105007000500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 20, 2022 — Harding Street INC Best Inn Midwest LLC Special Warranty Deed —
    Mar 23, 2010 $390,000 Best Inn Midwest LLC Zions First Natl Bk Grant Deed —
    Aug 31, 2009 $894,310 Zions First Natl Bk 1777 INC Deed In Lieu Of Foreclosure —
    Feb 11, 2008 — 1777 INC Zions First National Bank Grant Deed $919k · Zions First National Bank
    May 31, 2007 $1,280,300 Zions First National Bank Sheriff Of Marion County Trustees Deed · related —
    — — Best Inn Midwest LLC — Deed Of Trust · related $280k · Cwskl LLC
    — — Best Inn Midwest LLC — Deed Of Trust · related $125k · Ronald Wish Md-grsa-pc 401k Pl
    — — Best Inn Midwest LLC — Deed Of Trust · related $550k · Ronald Wish Md Grsa 401k (ct)

    Description

    This exceptional 5.217-acre commercial land parcel presents a unique investment opportunity in Indianapolis's thriving South submarket. Strategically located at the intersection of Harding Street and I-465, this property offers unparalleled access to major transportation arteries, significantly reducing commute times and enhancing logistical efficiency. The site is zoned MU-1 within Marion County, providing flexibility for a range of industrial uses. The property is available for lease at a monthly rate of $20,000 on a triple-net basis. Its proximity to the I-465 and Harding Street interchange ensures high visibility and easy access for employees and clients alike. Furthermore, its advantageous location just six miles from the Indianapolis International Airport adds significant value for businesses requiring seamless air freight connections. This is a rare opportunity to acquire a substantial land holding in a highly desirable location, ideal for businesses seeking to establish a strong presence in a rapidly growing area. The single-tenant configuration offers simplicity and control, making it an attractive proposition for discerning investors and businesses alike. Don't miss this chance to secure this prime industrial land and capitalize on its exceptional location and potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $680,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $807,000
      Market price range: $807k - $3.41M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1853
    Latitude
    39.6994
    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
    $22,766
    $584,500
    $230,300
    $814,800
    -
    $584,500
    $230,300
    $814,800
    More about this property
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