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$649,000
7 Days On Site

190 W Green Meadows Drive
Greenfield, IN 46140

For Sale|Mixed Use|Pending
0
Beds
0
Total Baths
5,516
SqFt
$118
/SqFt
1994
Built
County:
Hancock
Listing courtesy of F.C. Tucker Company 3178437766

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317-650-3572
190 W Green Meadows Drive190 W Green Meadows Drive190 W Green Meadows Drive190 W Green Meadows Drive
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This premier educational facility offers investors a rare opportunity to secure a high-visibility property under a true triple-net lease. The tenant, a well-established autism school, has committed to a five-year buy-and-leaseback arrangement with three percent annual rent escalations. All expenses, including maintenance, insurance, and taxes, are borne by the tenant, providing the owner with stable, low-management income and predictable growth. The property itself has been extensively upgraded to ensure long-term durability and minimal capital needs. Recent improvements include a new roof (2024), three new commercial HVAC systems (2024), new flooring (2024), and a new ceiling (2025). The campus is fully fenced and features a newly installed commercial-grade playground with artificial turf, and the parking lot has been recently resurfaced and patched. Together, these enhancements underscore the turnkey nature of the investment. Greenfield, Indiana, is one of the Indianapolis metro's most attractive submarkets, combining small-town charm with strong regional connectivity. Located just 25 miles east of downtown Indianapolis, the city offers direct access to U.S. Route 40 and Interstate 70, ensuring high drive-by visibility and ease of access. The community has seen impressive growth in recent years, with population increasing by nearly three percent year over year, median household incomes rising more than seven percent, and home values climbing over thirteen percent in the past year alone. This steady upward trajectory reflects both the desirability of the area and its economic stability. The local economy is anchored by healthcare, life sciences, and advanced manufacturing, with major employers such as Hancock Regional Hospital, Elanco, Avery Dennison, and Stanley Black & Decker providing a diverse and resilient employment base.

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Listing Snapshot
Price 
$649,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,516 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.52 Acres
Year Built 
1994
MLS® Number 
22058126
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoStatus changed to Pending
3 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
1.52
Additional Property Use 
See Remarks
Property Sub Type 
Mixed Use
SqFt Total 
5516
Utilities 
Electricity Connected
Zoning 
Commercial
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Community Features
MLS Area 
3005 - Hancock - Center
School District 
Greenfield-Central Com Schools
Township 
Center
Schools
School District
Greenfield-Central Com Schools
Elementary School
JB Stephens Elementary School
Middle School
Greenfield Central Junior High Sch
High School
Greenfield-Central High School
Listing courtesy of F.C. Tucker Company 3178437766



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® 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 2025-09-03 12:57 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
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