Save
Ask
Tour
Hide
Share
$2,399,000
51 Days On Site

243 S Madison Avenue
Greenwood, IN 46142

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
5,234
SqFt
$458
/SqFt
1850
Built
County:
Johnson
Listing courtesy of RE/MAX Advanced Realty 3176260800

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 317-650-3572
Is this the home for you? We can help make it yours.
317-650-3572
243 S Madison Avenue243 S Madison Avenue243 S Madison Avenue243 S Madison Avenue
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,399,000
Days On Site 
51 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,234 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.88 Acres
Year Built 
1850
MLS® Number 
22018550
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1.88
Additional Property Use 
Retail
Number Of Stories 
2
Property Sub Type 
Retail
SqFt Total 
5234
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedSewer ConnectedWater Connected
Zoning 
OT
Interior Features
Heating 
Forced Air
Save
Ask
Tour
Hide
Share
Community Features
MLS Area 
4102 - Johnson - Pleasant
School District 
Greenwood Community Sch Corp
Township 
Pleasant
Schools
School District
Greenwood Community Sch Corp
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of RE/MAX Advanced Realty 3176260800



Listings courtesy of as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-03-14 01:10 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share