$500,000
For Sale

3192 E Main Street

Plainfield, IN 46168
2304 sqft | 3 beds | 1.5 baths | 1.26 acres | #22015145
Listing OfficeeXp Realty LLC
Browse 13 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Come check out this amazing investment opportunity. The property location is 3192 E Main ST, Plainfield IN 46168, which is close to Indianapolis Airport, downtown Plainfield, Avon, Indianapolis and I465. The property is a 2 story house sitting on a 1.26-acre C1 commercial land. This property was totally updated back in April, which featured 1536 SF total main area, 3 beds, 1.5 baths, 2 car attached garage, 8+ extra parking space on the long driveway, 786 SF partial finished basement that makes it perfect for business use or mixed use (of course, you can live in it after the lease matures as your main residence). Highlight: the property is currently on a 2 year lease with a Senior Dog Center starting back in July 2024, as well as 2 2-year contract extension ending in 2030. The current monthly rent is $2250, with 5% increase for each extension. This means that the moment you become the owner of this property, you will start getting cash flow right away. For those who are looking to get long-term commercial value increase investment with instant cash flow, this is the one for you. If you need to have your own business built, then you can just tear it down and build this 1.26 acre into something you need, like apartment building, construction company, office space, warehouse, animal clinic, hair salon, you name it!

  • Property Details
      • InteriorAttic Pull Down Stairs, Supplemental Storage, Windows Vinyl
      • School DistrictAvon Community School Corp
      • Property SubtypeSingle Family Residence
      • High SchoolAvon High School
      • Utility SourceMunicipal/City
      • CountyHendricks
      • Property TypePurchase
      • Original List Price$500,000
      • MLS #22015145
      • MLS #22015145
      • Cost500000
      • FoundationBlock
      • Acres1.26
      • Square Feet2304
      • Year Built1950
      • Bathrooms1.5
      • SubdivisionYeo
      • Fireplaces1
      • Bedrooms3
      • Full Baths1
      • Half Baths1
      • Parking Spaces2

Location

Monique Bledsoe | True Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00