5151 S. Franklin Road

5151 S. Franklin, Indianapolis, Indiana 46239

  • Property Subtypes Agricultural , Industrial , Office , Residential (Single Family , Retail , Multi-Family
  • Sale Price $1,404,000.00 Total
  • Class of Space N/A
  • Total Land Size 39 Acres
  • Sale Terms Undisclosed
  • Cap Rate Undisclosed
  • Last Updated 5/7/2019
  • Days on Market 677 Days
  • Status active

Overview / Comments

Exhibit B. +/- 39 Acres with the Potential for Residential Development with Franklin Township Growth Corridor. Road Frontage on South Franklin and Road Frontage on E. Thompson. All Utilities At/Near Site. Includes Homestead Property that has a large 2-story home and several horse barns. Currently zoned I2S for potential Research Park or Multi-Family Use. This listing is one of two listings (BLC #215244735) with a combined total of 47 acres.

Agent Notes

Will Divide. Present Zoning is I2S. Possibly a #1031 Tax Free Exchange.

Additional Details

  • Tax ID/APN 0491606100008000300
  • Zoning I2S
  • Property Visibility N/A
  • Tax Auth Marion

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