422 West Michigan Street | Indianapolis, Indiana | Luxury Real Estate

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First Name

Last Name

Phone

Notes

Indianapolis, IN

Bidding Started On:

February 19, 2021 at 9:00 PM EST

SOLD | $1.456M

Description

Let your creativity flow in this ultimate live and work from home space in downtown Indianapolis. The historic red-brick building was built in 1912 and is just over 22,000sf with complete renovation and is built like new. Capped by a spectacular domed glass ceiling, it offers stunning possibilities for condos, a vacation rental or office space. A furnished, 900sf office with off-street parking for clients and staff, a large gym, and proximity to all that the city has to offer is an ideal setting for a growing business. Reduce your commute to mere steps. Your adjacent 5,000sf residence provides a private master wing, two additional bedrooms, a large outdoor patio, and plenty of space to entertain. Hardwood floors, skylights, and large windows fill the interior with light. At the same time, unique architectural ceilings and custom woodwork give the residence an old-world feel. Schedule Your Own Private Showing (Virtual Available): [https://calendly.com/elaine-reby](https://calendly.com/elaine-reby)

Property Features

Deposit

$100,000 bidder deposit required

Total

22,094sf | .20-ac | 3 bedrooms | 3 full bathrooms and 2 half bathrooms

Architectural Features

Built in 1912; Hardwood floors; Multiple fireplaces; Skylights; Tray ceilings; Custom millwork; Domed glass ceiling; Complete renovation

Master Sanctuary

In a separate wing from other two bedrooms; Architectural ceilings; Custom built-ins; Sitting area; Fireplace; Private kitchen and dining room

Chef’s Kitchen

Built-in banquet; Custom cabinetry

Outdoor Features

Main floor patio; Upstairs balconies with magnificent views of the city

Office Space

900sf, furnished office; Off-street parking for 8-10 vehicles; Additional 5,300sf for future development (condos/office)

Other Spaces and Amenities

Formal dining room; Executive office; Media room with a 100-inch projector TV; Gym; 4-car garage; Smart home technology for lighting, security, HVAC

Location

Heart of Downtown Indianapolis right off from Canal Walk; Close to Indiana University-Purdue University Indianapolis (IUPUI); 14 miles from Indianapolis International Airport; Under 2 hours to Cincinnati and Louisville

Fees & Commissions

Buyer's Premium

12%

Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.

Co-Broker Commission

A commission/fee will be paid by the Seller, according to the terms of the Listing Agreement, to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property.

Location

Be in the center of it all, close to downtown Indy’s Mile Square, while still being secluded and in a private area. Live and work just steps from Canal Walk, dining, urban wineries, breweries, and shopping. City Market, the city’s historic public food market, awaits you only five minutes away, with 30-plus artisan food stalls in a fantastic 1886 building. Indy is a city for art lovers, sports fanatics, and everything in between. Explore the Indiana Museum of Art at Newfields, with its 26-acre garden full of famous works such as Robert Indiana’s LOVE sculpture. Get outdoors by biking along The Indianapolis Cultural Trail located just around the corner. See the Pacers and Colts play or catch the NCAA Finals during March Madness. White River State Park is around the corner. This city green space brings together cultural sites and sporting events, and the Indianapolis Zoo. The Indianapolis Motor Speedway is only 10 minutes away, a bucket-list-worthy event in your backyard.

Map

422 West Michigan Street, Indianapolis, IN 46202

Contact

Project Manager, Auction Representative

Elaine Reby

Business Developer, Auction Representative

Rick Bradford

Listing Agent

David Morris

Disclaimer

This property is listed for sale by David Morris (#RB14033096) of eXp Realty, LLC (#RC510000670) – 50 Airport Parkway, Ste. D, Greenwood, IN 46143; (317) 790-3183. Concierge Auctions, LLC is a marketing service provider for auctions and is a licensed auction firm (# AC31500034) — 800 Brazos Street, Suite 220, Austin, TX 78701; +1 (212) 202-2940. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC, its agents and affiliates, broker partners, auctioneer, and sellers do not warrant or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are protected and encouraged to participate. Equal Housing Opportunity. See Auction Terms and Conditions for full details.