Come check out this amazing investment opportunity. The property location is 3192 E Main ST, Plainfield IN 46168, which is close to Indianapolis Airport, downtown Plainfield, Avon, Indianapolis and I465. The property is a 2 story house sitting on a 1.26-acre C1 commercial land. This property was totally updated back in April, which featured 1536 SF total main area, 3 beds, 1.5 baths, 2 car attached garage, 8+ extra parking space on the long driveway, 786 SF partial finished basement that makes it perfect for business use or mixed use (of course, you can live in it after the lease matures as your main residence). Highlight: the property is currently on a 2 year lease with a Senior Dog Center starting back in July 2024, as well as 2 2-year contract extension ending in 2030. The current monthly rent is $2250, with 5% increase for each extension. This means that the moment you become the owner of this property, you will start getting cash flow right away. For those who are looking to get long-term commercial value increase investment with instant cash flow, this is the one for you. If you need to have your own business built, then you can just tear it down and build this 1.26 acre into something you need, like apartment building, construction company, office space, warehouse, animal clinic, hair salon, you name it!
Active
Price cut: $20K (3/21)
$480,000
3192 E Main St, Plainfield, IN 46168
3beds
2,304sqft
Est.:
Residential, Single Family Residence
Built in 1950
1.26 Acres Lot
$463,100 Zestimate®
$208/sqft
$-- HOA
What's special
- 131 days
- on Zillow |
- 359 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: March 23, 2025 at 03:22pm
Listing Provided by:
Andrew Neal andrewdealwithneal@gmail.com,
eXp Realty LLC,
John Wright 317-850-3771
Source: MIBOR as distributed by MLS GRID,MLS#: 22015145

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Vinyl Plank
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16 x 15
Bedroom 2
- Features: Vinyl Plank
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom 3
- Features: Vinyl Plank
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12 x 11
Dining room
- Features: Vinyl Plank
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12 x 11
Kitchen
- Features: Vinyl Plank
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13 x 11
Laundry
- Features: Other
- Level: Basement
- Area: 100 Square Feet
- Dimensions: 10 x 10
Living room
- Features: Vinyl Plank
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18 x 16
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Range Hood, Refrigerator
Features
- Attic Pull Down Stairs, Supplemental Storage
- Windows: Windows Vinyl
- Has basement: Yes
- Attic: Pull Down Stairs
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,304
- Total interior livable area: 2,304 sqft
- Finished area below ground: 192
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 1.26 Acres
Details
- Parcel number: 320920255019000027
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: Yeo
HOA
- Has HOA: No
Location
- Region: Plainfield
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $207,400
- Annual tax amount: $4,272
- Date on market: 12/16/2024
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