Redfin is joining Rocket

Discover how we're simplifying your journey home.

$275,000

4813 Madison Ave Indianapolis, IN 46227

0.6 acres
Land

Property details

About 4813 Madison Ave

.57 acres of commercial land available on Indianapolis' southside, situated in a high foot traffic area, just minutes from the University of Indianapolis and Greenwood Mall. Zoned C3, lot graded and utilities on site.

Highlights

Home typeBusiness
StatusActive
Lot size0.569 Acres
MLS #202434415

Summary

  • List Price: $275,000
  • Annual Tax Amount: $2,268
  • Tax Year: 2023
  • Directions: From Lawrence Ave, right on Madison Ave, half a mile on the left
  • Lot Size: 0.569 Acres
  • MLS Number: 202434415
  • Office Name: Coldwell Banker Real Estate Group
  • Office Phone: (317) 448-8852
  • Listing Agent: Jacob Wagner

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 2:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$81,200$2,268
2022$80,000$6,843
2021$137,100$4,210
2020$137,100$4,534
2019$134,200$4,150
2018$120,600$4,501
2017$119,100$4,096

History based on county public records data.

Nearby schools

3

Raymond F. Brandes Elementary School 65

Public District PK-6

0.9 mi

4065 Asbury St

7

William Henry Burkhart Elementary School

Public District 1-5

1.1 mi

5701 Brill Rd

6

Southport 6th Grade Academy

Public District 6-6

1.3 mi

5715 S Keystone Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,071. Typical income of Indianapolis, IN residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

42%
<35k
49%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
17%
Single, with Kids
19%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 4813 Madison Ave

The listing price of 4813 Madison Ave property is $275,000.

The property 4813 Madison Ave is land located in Indianapolis, Indiana, 46227.

Active Listing: 4813 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4813 Madison Ave are: Raymond F. Brandes Elementary School 65 (GreatSchools Rating 3/10), William Henry Burkhart Elementary School (GreatSchools Rating 7/10), Southport 6th Grade Academy (GreatSchools Rating 6/10), Southport Middle School (GreatSchools Rating 5/10), Emma Donnan Elementary and Middle School (GreatSchools Rating 3/10), Beech Grove Middle School (GreatSchools Rating 7/10), Rise Learning Center (GreatSchools Rating 2/10), Excel Center - University Heights (GreatSchools Rating 2/10), Southport High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $2,268 (source: MLS/based on county public records data).

This home is located at 4813 Madison Ave in Indianapolis, IN and zip code 46227 in the Edgewood neighborhood. This home sits on a 0.57 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 6, 2024 and is currently priced at $275,000.

In June 2025 more than 266 listings in Indianapolis, IN were sold above the asking price. During the same period more than 276 listings were sold at asking price, while more than 527 were sold below. The inventory of homes for sale in Indianapolis, IN between May and June 2025 decreased by 0.2%. While the average time on the market in June 2025 was 31 days, the median list price was $251,183.

From Rocket Homes Real Estate and based on county public records data.

More resources