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Indianapolis Development Land Online Auction

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Online Auction Closes

Wednesday, October 21st
1pm (ET)

Auction & Registration Details

Property Address: 6120 East Thompson Road, Indianapolis, IN 46237

Bid your price to own 8.5 acres of commercial development ground at the intersection of two main traffic arteries, Thompson Rd. & Arlington Ave., with an approved PUD allowing use as C-1 & C-3. Bid your price to own this land adjacent to a CVS anchoring the corner of the development and Dollar General as a second.

Additional due diligence, approved PUD documents and Auction Terms can be downloaded below. To discuss the property or auction process, please reach out to Seth Seaton at sseaton@keyauctioneers.com or (317) 450-6469.

Online Bidder Registration: To participate via our online bidding platform/mobile app you must be registered and approved to bid by Key Auctioneers. All bidders will be subject to fulfilling the following requirements prior to being approved to bid: 1) Bidders must execute the auction terms (you can do so by requesting a Docusign copy of the Auction Terms by emailing info@keyauctioneers.com with your name or executing the Auction Terms in the documents below and returning them to Seth Seaton at sseaton@keyauctioneers.com, along with a copy of a Government-issued Photo ID for the individual registering); 2) You will be required to remit the $10,000 down payment (in escrow) before you will be able to bid. Deposits will be returned within 2 hours of the auction ending if you were not the winning bidder.

General Property Details
Address 6120 East Thompson Road, Indianapolis, IN 46237
Zoning Planned Unit Development (individual lots approved for C-1 & C-3)
Parcel Number 49-10-35-128-007.000-300
Lot Size 8.5 acres total
Frontage Area 550′ on Thompson Rd. / 540′ on Arlington Ave. / 300′ on Franklin Villas
Assessed Tax Value $258,200 (2019 pay 2020)
Annual Taxes $7,745.98 (2019 pay 2020)

 General Auction Terms
Required Down Payment: $10,000 (held in escrow), increased to 10% within 3 business days.
Closing Time: 30 days after auction (November 20, 2020)
Tax Administration: Prorated to date of closing.
10% Buyer’s Premium 

Licenses:  Seth Seaton: AU10900115      Auction Co: AC30900124
Seller: Thompson & Commerce Properties, LLC

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