Veterans United Realty
13 Photos

3192 E Main Street, Plainfield, IN 46168

$500,000 Asking Price

3 beds
2 baths
1,728  sqft
Built in 1950

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!

Listing Status:
Active
Date Added:
December 16, 2024 — 11 days ago
Listing Office:
eXp Realty LLC, Andrew Neal (317-371-8133)
Office Phone:
andrewdealwithneal@gmail.com
MLS ID:
22015145

Features & Amenities

Interior

General:
Attic Pull Down Stairs, Supplemental Storage, Windows Vinyl
Appliances:
Electric Cooktop, Dishwasher, Range Hood, Refrigerator
A/C:
Central Electric
Heating:
Gas
Fireplace:
Living Room, Fireplaces: 1

Exterior

Style:
Craftsman
Parking:
Attached

Construction

General:
One and One Half, Block

Location

Originating MLS:
mibor
School District:
Avon Community School Corp
County:
Hendricks

Lot

Zoning:
Pt W1/2 Ne 20-15-2E 1.26 Ac, 320920255019000027

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
eXp Realty LLC, Andrew Neal

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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