Active

243 S Madison Avenue

Greenwood IN, 46142

$2,399,000


$458.35 per sqft

Active

5,234 sqft

Commercial

Built in 1850

Courtesy of RE/MAX Advanced Realty, Keith Turnbill Listing Contact: [email protected] 

This incredible property offers an iconic building that was constructed around 1850 and sits on nearly 2 acres in the heart of downtown Greenwood. The location in the riverfront district allows you to be a part of the growth of Old Town Greenwood. The building was completely rehabbed including a new roof, new HVAC, over 100 new windows, updated electrical, plumbing, etc. Other features include a generator, a 140'x80' concrete pad with a large dining tent with electricity, and a giant basement for storage. This could be a great location for an event center, a bed and breakfast, another retail or office use, or redevelop the site into multifamily, etc. This is a great opportunity to own this historic property in Old Town Greenwood.

22018550

MLS ID

January 17, 2025

Listed

January 22, 2025

Updated

Map

243 S Madison Avenue
Greenwood IN, 46142

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Electric


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.88 Acres

School Information

School District

Greenwood Community Sch Corp

Other Property Details

Area Name

4102 - Johnson - Pleasant


Days on Market

6


Garage

No


View

No


County

Johnson


Municipality

Pleasant


Pool

No


Zoning

OT

Courtesy of RE/MAX Advanced Realty, Keith Turnbill,
Listing Contact: [email protected] 

IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on the information submitted to the Broker Listing Cooperative listing service as of 1/22/2025, 3:17 PM UTC. All information believed to be reliable but not guaranteed and should be independently verified. Supplied Open House Information is subject to change without notice. All properties are subject to prior sale, change, or withdrawal. Properties may or may not be listed by the office/agent presenting the information. Neither listing broker(s), nor Metropolitan Indianapolis Board of REALTORS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. 

©2025 Metropolitan Indianapolis Board of REALTORS, All rights reserved.

Data last updated 3:17 PM UTC, 1/22/2025

Powered byLuxury Presence