5959 E 71St St Indianapolis, IN 46220
Property profile & analytics
5959 E 71St St Indianapolis, IN 46220
- Banks
- 4,772 SF
- 1.09 lot acres
Property ID
US31-1060754
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.
Location Intelligence
Current Use by Public Records
- Fifth Third Bank & ATM / Bank / Loan Service
- ATM (Fifth Third Bank) / Atm
Property Details for 5959 E 71St St
- Year built
- 2006
- Construction
- WOOD
- Lot size
- 1.09 lot acres
- Property size
- 4,772 SF
- Zone code
- ZO01
- Property type
- Banks
- APN
- 49-02-34-121-004.001-400
- APU
- 490234121004001400
Description
This exceptional retail opportunity presents a 4,772 square foot former bank building situated on a sizable 1.09-acre lot at the highly visible southeast corner of 71st Street and Binford Boulevard in Indianapolis, Indiana. Constructed in 2006, the property boasts a substantial footprint ideal for a variety of retail uses. Its prime location offers excellent visibility and accessibility, ensuring high traffic volume and strong potential for customer engagement. The building's previous use as a bank suggests a robust and secure structure, potentially minimizing significant renovation needs. The address is 5959 E 71st St, Indianapolis, IN 46220, within Marion County. This property is listed at $1,200,000 and presents a compelling investment opportunity for savvy entrepreneurs and developers seeking a well-located, established building in a thriving Indianapolis neighborhood. The expansive lot size also offers significant potential for future expansion or development, adding further value to this already attractive proposition. The property's location provides easy access to major roadways and a dense residential population, making it an ideal location for a variety of retail businesses.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.0658
- Latitude
- 39.8829
- 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
$16,783
$262,100
$424,200
$686,300
-
$262,100
$424,200
$686,300
