6320 W 38th Street

Indianapolis, IN
$ 865,000 Beds 0 Baths 0 Sq 3,941
Monthly Estimate* How much can I afford?

GREAT LOCATION HEAVY TRAFFIC INTERSECTION! FANTASTIC OPPORTUNITY, OPERATE YOUR BUSINESS. VERY FAVORABLE OLD IDQ CONTRACT. Menu offers all types of dairy products, including ice cream cakes, chicken, hamburgers, etc. Dairy Queen being sold under original grandfather agreement regarding current royalty, sales promotion fee's, & protected territory. Shared cost of maintaining entrance easement from High School Road to property. New heating & cooling, new misty machine, 2 new ice cream machines, new registers. Great cash flow & increase in sales over previous years. Building also has a vacant room that can be used for birthday parties, etc. Second floor has concrete floor with two offices & storage. Sold AS IS due to owner health.

Commercial

  • Price
  • $ 865,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 3,941
  • Full Bathrooms
  • 0
  • Year Built
  • 1968
  • Half Bathrooms
  • 0
  • City, Zip
  • Indianapolis
  • Taxes
  • $ 6010
  • County
  • MARION
  • Style
  • Retail
  • Area
  • Pike
  • MLS#
  • 21802869
  • Zip
  • 46254
Listing Provided by: Dan Laser with RE/MAX Centerstone
Data Source: Metropolitan Indianapolis MLS (MIBOR) - 116 - IN

Features

General

City Indianapolis
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional
Current Use Restaurant
Days on Market 61
Directions From I-465, go East on 38th Street to first stop light, turn left onto High School Road, immediately turn left, and proceed to site.
Disclosures Not Applicable
New Construction No
Possession Close of Escrow
Possible Use Restaurant
Property SubType Retail
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name 38th
Tax Year 2021
Township Pike
Year Built 1968
Zoning Z001

Interior Features

Street Suffix Street

Exterior Features

Road Frontage Type City Street
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Lafayette, IN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/2/2021 Listed $895,000
9/27/2021 4% - $865,000

Property vs Zip Code Average in 46254

Price
AVG $870K
$870K
Taxes
AVG $6,010
$6,010
Visits
AVG 31
30
Year Built
AVG 1968
1968
Walkscore
AVG 71
71
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

6320 W 38th Street Indianapolis, IN is a Single Family Home for sale at $865000 with 3941 sqft and a lot size of Acre(s). 6320 W 38th Street Indianapolis has 0 bedrooms, 0 baths and was built in 1968. The property's zip code is 46254 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.