Property profile

4545 Madison Ave Anderson, IN 46013

OFF-MARKET
Turn key restaurants
Property ID
US31-2576543
2,450 SF 13.41 ac lot Built 2014
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property in Anderson, Indiana, presents a unique investment opportunity. The sprawling 15.1-acre site boasts a stunning, fully remodeled event venue complex, perfect for weddings, corporate gatherings, and holiday parties. The property includes an elegant, renovated farmhouse (renovated 2020), a main barn (also renovated 2020) previously used for events, and a rustic barn, all totaling 657,756 square feet. The main barn and farmhouse underwent extensive renovations in 2020, ensuring modern amenities and a high-quality experience for event attendees. A significant 7-acre rear pasture offers considerable potential. This area could be developed to complement the existing event center, perhaps with additional structures or parking, or it could continue to be utilized for outdoor events. The property's convenient location provides easy access to I-69 and nearby hotels, making it a highly desirable and easily accessible destination. The asking price for this remarkable property is $770,000. This presents a rare chance to acquire a thriving event venue with significant expansion potential in a desirable location. The property is situated at 4545 South Madison Avenue, Anderson, IN 46013, in Madison County. Built in 2000, this property offers a blend of established success and future growth opportunities.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2014
Construction WOOD
Total area 2,450 SF
Lot 13.41 ac (584,183 SF)
APN 48-11-26-400-001.000-003
UPID US31-2576543

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Wedding Service

Location

4545 Madison Ave Anderson, IN 46013-1441
Anderson metro Census 1801 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2020
Price N/A
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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