4055 East Main Street

Avon, IN 46123

$1,450,000
Price
Beds
Baths
3,381 Sq. Ft.
$429 / Sq. Ft.
3,381
Sq. Ft.
$429
per Sq. Ft.

Description

Rare opportunity in Hendricks County to purchase fully occupied and income producing 8 unit apartment buildings with this much ground untouched to add more buildings and further develop. This residential zoned property has conceptual development drawings that seller will share if interested or you can create your own dream development. Current plan consists of adding 3 more buildings and 18 more units and garages, projected rents after re-development of 1500/mo per unit. Sale consists of 2 parcels,...Rare opportunity in Hendricks County to purchase fully occupied and income producing 8 unit apartment buildings with this much ground untouched to add more buildings and further develop. This residential zoned property has conceptual development drawings that seller will share if interested or you can create your own dream development. Current plan consists of adding 3 more buildings and 18 more units and garages, projected rents after re-development of 1500/mo per unit. Sale consists of 2 parcels, 2 existing buildings and ground totaling 5.3 acres. Avon school district, existing units bringing around $800/mo currently all 2 bedroom 1 bath units, gas and electric metered separately, owner pays water.
  1. Listed by Jacqueline Huser- Trout • First Focus Realty LLC • jacqueline@firstfocusrealty.net

Property Details for 4055 East Main Street

Township
Washington
Waterfront
No
Zoning
Residential
LISTING UPDATED: 02/04/2025 04:06 PM

Property Details for 4055 East Main Street

StatusPending
MLS #21985321
Days on Market75
Taxes$4,341 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1957
Lot Size5.36 AC / 233,481 SF
CountyHendricks County

Building Information for 4055 East Main Street

Stories-Residences8Year Built1957Building Size-Lot Size5.36 AC / 233,481 SF

Property Information for 4055 East Main Street

Summary
Location and General Information
  • City: Avon
  • County Or Parish: Hendricks
  • Directions: GPS Friendly
  • Postal Code: 46123
  • Postal Code Plus4: 9401
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 321008100005000022
  • Semi Annual Property Tax Amt: 4341
  • Tax Year: 2023
  • TaxLot: 0
School Information
  • High School: Avon High School
  • School District: Avon Community School Corp
Owner
  • Owner Pays: Water
Property
Lot Information
  • Acreage: 5-10 Acres
  • Current Use: Apt<20
  • Lot Size Square Feet: 207781.0
  • Lot Size Acres: 5.36
  • New Construction: False
  • Space Available: 6412
  • Sq Ft Total: 3381.0
  • Year Built Numeric: 1957
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Pt Nw 8-15-1E 4.77 Ac Apartments 8-Units
  • Photos Count: 58
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Electricity Connected, Gas, Sep Electric Meter, Sep Gas Meter, Septic System, Water Connected
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block
Interior Features
  • Basement YN: No
  • Levels: One
  • Multi Baths: 1
  • Multi Beds: 2
Multi Family
Multi-Family Information
  • Total Units: 8
Unit 1
  • Unit Kitchen: 0
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: Apartments
Rental
Rental Information
  • Multi Tenants: Yes
  • Tenant Pays: Electricity, Gas

Property History for 4055 East Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4055 East Main Street

Taxable ValueLand$249,200Additions$192,900Total$442,100
Tax Record2023$8,682 ($724 / month)
Home Facts
Total Finished SqFt3,087 SqFtAbove Grade Finished SqFt3,087 SqFtStories1Lot Size207,781 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyHENDRICKSAPN32-10-08-100-005.000-022

Schools near 4055 East Main Street

This home is within Avon Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Rating
School
Distance
White Oak Elementary School
PublicPK to 4

River Birch Elementary
PublicK to 4

Avon Intermediate School East
Public5 to 6

Avon Middle School North
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Focus Realty LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.