8005 S Meridian

Withdrawn Office for Sale
Catylist Listing ID: 30041192
Property Subtypes: Institutional
Building Size (RSF): 420 SF
Gross Building Area: See Agent
Gross Land Area: 0.48 Acres
Sale Price: $199,000
Unit Price: $473.81 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 10/12/2017
Last Updated: 10/12/2017

Overview / Comments

This 420 +/- square foot building is located on busy Meridian Street
in Indianapolis, IN. Formerly, a Chase Bank, this brick facade structure
contains three teller drive-thru windows and ample parking. C-1
office-buffer commercial zoning, provides many potential uses for
new owner, including a branch bank (teller or ATM) or a payment facilit
y for utilities, such as gas, elec tric, water, insurance, tax, etc. Adjacent
to a professional office center this building is per fectly suited
for that usage

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $5,665 (Annual)
Tax Value Land $84,300
Tax Value Improvements $99,900
Assessed Value - Total($) $184,200 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $5,855 (Annual)
Tax Value Land $84,300
Tax Value Improvements $100,400
Assessed Value - Total($) $184,700 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $5,056 (Annual)
Tax Value Land $63,200
Tax Value Improvements $112,900
Assessed Value - Total($) $176,100 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $5,241 (Annual)
Tax Value Land $87,400
Tax Value Improvements $112,900
Assessed Value - Total($) $200,300 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $4,370 (Annual)
Tax Value Land $87,400
Tax Value Improvements $112,900
Assessed Value - Total($) $200,300 (Annual)

Additional Details

Nearest MSA: Indianapolis-Carmel
County: Marion
Tax ID/APN: 49-14-13-122-018.000-500
Zoning: C1
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2001
Legal Description: PT L2 & L3 MERIDIAN MANOR AMENDED BEG 10.97' N & 5' E OF SW COR LOT 2 P.O.B. N73.9' E187.03' NE IRR 6.95' N122.15' E34.77' S200' W225' TO BEG 21,075 SQFT

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,548 96,227 207,334
Median Age: 40.45 37.54 36.02
Households: 5,248 38,539 82,046

Contact

Photograph of Listing Agent

Thomas G. Kiritsis, II

C21 Commercial, Scheetz
ICREX Member
Photograph of Listing Agent

Richard P. Lux, Jr.

R.P. Lux Company ICREX Member
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