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Property profile

6103 Massachusetts Ave Indianapolis, IN 46226

OFF-MARKET
Other commercial real estate
Property ID
US31-0720298
5,450 SF 0.77 ac lot Built 1900
Last sale Dec 2023 · $12,900
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a storefront retail building with approximately 5,450 square feet of space situated on a 0.77-acre parcel. The building dates to approximately 1900 and is designated for store and retail use. Zoning is C-5, which provides for a broad range of commercial activities, potentially including retail, restaurant, carry-out, office, service uses, and certain auto-related uses, subject to applicable layout and permitting requirements. The site is located at 6103 Massachusetts Ave in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$145k
Assessed land$57k
Assessed improvement$88k
Effective rate2.81%

Value estimate

· Nov 2026
$165k
$149k – $182k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$30 – $120
Qualifying comparables12

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.0
Realty agency17.0
Dental Office13.2

Location

6103 Massachusetts Ave Indianapolis, IN 46226-5637
County assessor Recorded deeds · 3 transfers 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6667 38th, Indianapolis, IN 46226-5613 $110,000 Aug 2024 4,332 SF
4447 Franklin, Indianapolis, IN 46226-3914 $95,000 Sep 2022 2,438 SF
4901 Franklin, Indianapolis, IN 46226-2047 $80,000 Nov 2019 2,232 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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