Rare four-parcel mixed-use offering totaling 0.36 acres (15,682 SF) in a rapidly appreciating near-south Indianapolis corridor, easy interstate access, minutes from downtown, Fountain Square, and Bates-Hendricks. The 4,380 SF two-story building provides flexible owner-user space: a ground-floor office and rear warehouse served by a drive-in door (10' W x 9' H, with height-expansion potential), plus a recently renovated upper-level 2-bed/1-bath apartment suited to live-work use or rental income. Heating is provided by a functional boiler-and-radiator system; newer roofing covers the front office and residential portions, while the rear warehouse has an older flat roof. Three of the four contiguous, separately platted lots are vacant, offering expansion, parking, or redevelopment flexibility amid active land assembly in the immediate area. Delivered vacant for immediate occupancy - a versatile value-add or assemblage opportunity. Buyer to verify zoning and square footage.

Based on information submitted to MIBOR as of June 21, 2026 10:35 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Name

Your Email Address

Phone

Message Send me the deed for 2121 Madison Avenue Indianapolis IN 46225 (ID#:22107440)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 2121 Madison Avenue Indianapolis IN 46225 (ID#:22107440)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 2121 Madison Avenue Indianapolis IN 46225 (ID#:22107440)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Property Details

Basic Information

Property

Location

Exterior Features

Features

Community

Schools

Map Location

CENTURY 21 Scheetz - Downtown

Listing Tools

Hi there! How can we help you?

Send to a friend

Property Details

Basic Information

Property

Location

Exterior Features

Features

Community

Schools

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

CENTURY 21 Scheetz - Downtown