448 Norwood Street, Indianapolis

The subject property known as “Mayer Chapel” is located at 448 West Norwood Street in Indianapolis, Indiana. The property consists of a +/- 20,000 square foot brick building and a +/- 1,200 square foot out-building which is situated on 0.70 acres. The property sits just south of Lucas Oil Stadium and is in the Concord CDC. The property is zoned I-3-U: Medium Industrial Urban.

PRESERVATION COVENANT – The property will be conveyed subject to a Preservation Covenant. The restrictions and provisions of said covenant shall be binding on the successful bidder and all future owners and shall run with the land.

The winning bidder for the subject parcel will be granted a thirty (30) day inspection period, commencing upon State acceptance of the offer, to satisfy or waive any concerns as to the condition of the property. All such test and inspections shall be at Buyer’s sold cost and expense. Any and all investigations and inspections conducted with respect to the Property will be certified by both Buyer and Seller and Seller shall be entitled to receive, free of charge, a copy of each and every report or communication prepared in conjunction with such investigations and inspections.

Bid Documents

You are encouraged to call Colliers International at (317) 663-6000, for any inquiries about the property or to discuss any special circumstances in submitting your sealed bid submittal form.

Additional Information

  • 10 % Buyers Premium
  • Sealed Bids Due – August 22, 2013
  • Time – Bids must be received by 3:30 PM EDT
  • Location – Send Bids To:

Indiana Department of Administration
Attn: Steve Harless
402 W. Washington St., Room W479
Indianapolis, Indiana 46204

The information contained herein was obtained from sources we consider reliable. We cannot be responsible; however, for errors omission, prior sales or withdrawal from the market. Seller and seller’s agent make no representation as to the environmental condition of the property and recommend purchaser’s independent investigation.