This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

943 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

The Noble Flats 505 N College Ave

6 Unit Apartment Building For Sale Indianapolis, IN 46202

Apartment Buildings Indiana Indianapolis 505 N College Ave, Indianapolis, IN 46202

Executive Summary

• 6 unit multi-family building for sale
• 2BR/2BA units with large balconies
• 100% occupied
• 8 surface parking spaces adjacent to building
• Prime location within Bottleworks/Mass Ave node within walking distance to a variety of dining and entertainment venues
• Area of tremendous population growth and ongoing resurgence
• Located between Lockerbie and Chatham-Arch neighborhoods
• Easy intestate access including I-65, I-70, and I-465

Attachments

505 N College 05042023

Property Facts

Sale Type Investment Building Size 7,800 SF
No. Units 6 Average Occupancy 100%
Property Type Multifamily No. Stories 3
Property Subtype Apartment Year Built 1900
Apartment Style Low Rise Parking Ratio 1.03/1,000 SF
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 0.16 AC
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 7,800 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900
Parking Ratio 1.03/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
1 of 1
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 49-11-01-122-145.000-101 Improvements Assessment $249,894 CAD
Land Assessment $159,616 CAD Total Assessment $409,510 CAD

PROPERTY TAXES

Parcel Number
49-11-01-122-145.000-101
Land Assessment
$159,616 CAD
Improvements Assessment
$249,894 CAD
Total Assessment
$409,510 CAD

zoning

Zoning Code CBD2
CBD2
(317) 284-5534

  • Listing ID: 27706015

  • Date on Market: 2023-02-08

  • Last Updated:

  • Address: 505 N College Ave, Indianapolis, IN 46202

The Multifamily Property at 505 N College Ave, Indianapolis, IN 46202 is currently available For Sale. Contact Tharp Realty for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/9
505 N College Ave, Indianapolis, IN for sale Building Photo- Image 1 of 9
MAX_0478
505 N College Ave, Indianapolis, IN for sale Building Photo- Image 2 of 9
MAX_0480
505 N College Ave, Indianapolis, IN for sale Building Photo- Image 3 of 9
MAX_0484
505 N College Ave, Indianapolis, IN for sale Building Photo- Image 4 of 9
Asset 1@4x
505 N College Ave, Indianapolis, IN for sale Building Photo- Image 5 of 9
RemoteMediaFile_6554344_0_2022_03_28_16_38_08
505 N College Ave, Indianapolis, IN for sale Primary Photo- Image 6 of 9
Primary Photo
505 N College Ave, Indianapolis, IN for sale Interior Photo- Image 7 of 9
Building Photo
505 N College Ave, Indianapolis, IN for sale Interior Photo- Image 8 of 9
Building Photo

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

The Noble Flats | 505 N College Ave
(317) 284-5534 x

The Noble Flats | 505 N College Ave

Crystal Kennard

(317) 284-5534

(317) 284-5534

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link