Redevelopment Opportunity! A mile and a half to the IU stadium and a couple blocks to recently built apartments, this property is zoned Mixed-Use Medium Scale (MM), "designed to encourage walkable, medium-scaled developments. It accommodates a mix of multi-family housing, storefront retail, professional offices, and civic uses at sizes larger than neighborhood commercial districts but smaller than destination or high-density zones," per the city. The home on this property is not habitable. Tearing it down would allow bigger and better construction, with possible rear access to parking through alley. Please see attached docs for zoning info and agent communication with the city. Buyer is responsible for confirming allowable uses.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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