Improved Mixed-Use Land for Sale in Indianapolis, Indiana

7220 S Franklin Rd Indianapolis, IN 46259

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$1,295,000
8.96 acres
Active sale agoEst $7,950/mo

ONE OF A KIND EVENT CENTER PROPERTY AVAIALBE IN GROWING FRANKLIN TOWNSHIP! Welcome to 1875! You must see this property in person to truly appreciate the setting and beauty. Perfect property to own and operate an event center business for weddings, parties, etc with very limited competition in Southeast Marion County. Huge opportunity! This property sits on almost 9 acres of land with mature trees throughout. The farmhouse has been completely updated and professionally decorated. Great detail, thought, and planning to the use of each area in the farmhouse with designated rooms for bridle party and groomsmen. Plenty of parking for large events. The seller has invested approximately $600,000 worth of improvements since ownership is making this a one of kind property for variety of events. Improvements/Structures on the property include the remodeled farmhouse, 3 car detached garage, a huge party barn, and original milk barn. Just a few of the recent improvements include: approximately 4 acres of site work/clearing, connection to city water, irrigation system that covers approximately 2 acres, bridge installation the crosses the creek, 11,000+- installation of stamped concrete patio with 2 raised areas for stage/band, huge fire pit area, 1020 sq foot walkway to bridge, epoxy floors in barn, new electrical, commercial beverage cooler, whiskey barrel themed decor throughout party barn, table and chairs throughout, all furnishings in farmhouse, and 600+ foot privacy fence. Hurry, this opportunity will not last long!

2,806
Sq feet
1875
Built

Property details

Coordinates
39.6637, -86.0203
Community
Marion - Franklin
School District
Franklin Township Com SCH Corp
Zoning
DA
Elevation
837 feet
MLS Number
MIBOR 21977393
Date Listed

Legal description

Parcels

  • 491618121001000300

This 8.96-acre property is located at 7220 S Franklin Rd in Indianapolis, IN 46259 with latitude 39.6637 and longitude -86.0203. The property is currently available for sale for $1,295,000. It has a 2,806 sq ft structure built in 1875. Listing data is sourced from MIBOR Service Corporation # 21977393.

Verify sale details at the property source or contact Armstrong Real Estate Brokerag at (317) 669-0006.

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Copyright (C) 2024 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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