530 E Sumner Avenue, Indianapolis, IN 46227
sale
$200,000
|
Other
Courtesy Of Compass Indiana, LLC
Located in a high-demand area with easy access to Downtown Indy, Greenwood, and major highways, this .84 acre property has strong business potential or maximum tenant appeal. This totally remodeled 1,808-square-foot ranch is a great turn-key addition to your portfolio. The high-ticket capital expenditures are already covered, featuring a roof replaced in 2018 alongside a high-efficiency gas furnace, central air conditioning, and a gas water heater that are all under 5 years old. Inside, the value-add renovations include durable vinyl plank flooring, fresh paint, a private primary ensuite, a beautifully finished hall bath, and a flexible private office space. The living room opens to a modern kitchen equipped with custom cabinetry, stainless steel appliances, and premium butcher block countertops. Outside, the massive, privacy-fenced lot is complemented by front and back concrete patios, an oversized two-car garage, and a long driveway providing ample parking. Just minutes from local shopping and dining, this low-maintenance, fully updated asset represents a secure, high-yield opportunity ready for immediate occupancy. Buyer must do their own due diligence for zoning use.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: Beg 325Ft E Of Sw Cor 330Ft X 100Ft Pt Ne1/4S25 T15 R3 .84Ac
- MLSID: 22127901
- Roof Type: Asphalt
- Roof Type: Shingle
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