The Garfield Park Place Apartment complex consists of 99 units and sits on 3 acres adjacent to Garfield Park. The property is currently vacant but with a rehabilitation, this complex has potential to realize over $600,000+ in annual rental income. You have the opportunity to come bid your price and have huge equity once the property is rent ready.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
—
Lot depth
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Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Marion County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Feb 24, 2017.
D8
COMPACT
Dwelling District Eight
The D-8 district is intended for a variety of housing formats, with a mix of small-scale multi-unit building types. This district can be used as a part of new mixed-use areas, or for infill situations in established urban areas, including medium and high-density residential recommendations of the Comprehensive Plan, and the Traditional Neighborhood, City Neighborhood, and Village or Urban Mixed-Use Typologies of
the Land Use Pattern Book.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Park & open space
Dec 20, 2016 • Final
Asbestos notification
Demolition
Dec 7, 2007 • Active
Right of way permit-excavation
Repair a main water line break.
Gas
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Unit Parking: Covered,On Street,Parking Lot
Interior
Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0
Laundry Room Information
Laundry Features: No Laundry Facil.
Heating & Cooling
Cooling Information: Separate Meters
Multi-Family Financial Information
Owner Pays: Not Applic
Gross Income: 0
Expenses: 14386
Multi-Unit Information
# of Units: 99
Exterior
Building Information
Building Information: Other
Exterior Features
Exterior Features: Playset
Property Features
Conversion: Yes
Amenities: Playground
Property Information
Property Type: Commercial Sale
Property Sub Type: Multi-Family 5+
Zoning: D8
Land Information
Gross Area Sq Ft: 87372
Current Use: Multi-Family
Acres: 3-5 Acres
Lot Information
Lot Size Acres: 3.04
Lot Features: Irregular Lot, Sidewalks
Utilities
Utility Information
Utilities: Electricity Connected, Gas Nearby
Solid Waste Information: No
Building Utilities: Sewer,Water
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: Property spans from the intersection of E Raymond St and Ransdell St to E Pleasant Run Pkwy N Dr and Ransdell St. Property is adjacent to Garfield Park.
Tax Legal Description: DUVALL HRS ADD W OF PCC &
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Marion County
APN: —
Home facts updated by county records on Feb 24, 2017
Other
Listing Information
Attribution Contact: sseaton@keyauctioneers.com
Green Information
Green Certification YN: No
Home Information
Construction Materials: Brick, Vinyl Siding
Structure Type: Apartment Complex
Levels: Three Or More
Around this home
Schools
James A. Garfield School 31
Public PreK-5 • Assigned • 0.6mi
5/10
Christel House Academy - South
Charter K-8 • Assigned • 0.7mi
4/10
Christel House Watanabe Manual High School
Charter 9-12 • Assigned • 0.2mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 56-68% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46225
Average low and high temperatures (°F)
32
19
42
27
61
40
68
49
72
55
83
67
88
72
83
66
82
61
71
50
54
40
42
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
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