2517 Madison Ave

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2517 Madison Ave

Indianapolis, IN 46225
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land asset located at 2517 Madison Ave in Indianapolis.
  • Property situated within the 46225 zip code of Indiana.
  • Strategic site for residential development projects in the metro area.
  • Positioned within an established urban community near downtown Indianapolis.
  • Asset supports various residential construction and infill housing applications.

What's Special

This residential land parcel occupies a position at 2517 Madison Ave in Indianapolis. Situated within the 46225 zip code, the site sits in a region of the city known for its steady urban development and proximity to local transit corridors. Indianapolis maintains a diversified economic base, anchored by healthcare, manufacturing, and logistics sectors, which drives consistent demand for infill residential projects in established neighborhoods. Given the current zoning and market conditions in this part of the city, the parcel provides a strategic footprint for developers looking to execute small-scale housing projects or residential construction ventures within a mature urban context. The local infrastructure supports various housing configurations, allowing for potential integration into the existing fabric of the surrounding community. Investors and builders focused on the Indianapolis metropolitan market may find this site suitable for projects aiming to address current housing requirements near the downtown district.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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