Specialty Real Estate - For Sale
1525 West 14th Street Anderson, IN 46016
Details & Description
Price: $500,000
  • Property Type Specialty for Sale : Education/Day Care
  • Lot Size Acres 1.700
  • Building Sq Ft 37,000
  • Building Price per Sq Ft $13.51
  • Land Sq Ft 74,052
  • Land Price per Sq Ft $6.75
Shadeland School is a 2-story, brick and limestone exterior building with attached gymnasium located near downtown at 1525 W. 14th Street, Anderson, IN 46016. This property is currently zoned R3 which will allow up to 25 apartment units. The property currently includes 18 classrooms and a full-size gymnasium. It has ample parking and is a short drive or long walk to everything in downtown Anderson – Shopping, Restaurants, Office, etc. There are several employers in the area including Community Hospital Anderson, St. Vincent Health, Nestle USA, Borg Warner Indiana Technical Center and Harrah’s Hoosier Park Racing. The building was built in 1923. This would be ideal for Workforce Housing, Apartment Homes, or Senior Housing. Other uses such as Self Storage, Warehousing, or a School would require a change in zoning.R3 zoning will allow up to 25 units on this property. We believe the best use is to convert the property into Apartment Homes or Senior Housing.360 Degree Property Tour: https://kuula.co/share/collection/7YgkP?fs=1&vr=1&autorotate=-0.01&thumbs=3&info=0&logo=1&logosize=68
Property Highlights
 Array
Additional Photos
Listing Agents
Michael Drew
Bradley Company
O: 317-663-6079
M: 317-255-3900
mdrew@bradleyco.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1525 West 14th Street

Anderson, IN 46016

Listing ID: 259189
$500,000
For Sale
  • Property Type Specialty for Sale : Education/Day Care
  • Lot Size Acres 1.700
  • Building Sq Ft 37,000
  • Building Price per Sq Ft $13.51
  • Land Sq Ft 74,052
  • Land Price per Sq Ft $6.75
  • 1525 West 14th Street Anderson, IN 46016 | for Sale | Photo 1
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  • 1525 West 14th Street Anderson, IN 46016 | for Sale | Photo 3
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Property Highlights
 Ample parking.
 Short drive or long walk to everything in downtown Anderson shopping, restaurants, office, etc.
 Located in TWO district government incentivized zones New Market Tax Credit and Qualified Opportunity Zone.
 Other uses such as Self Storage, Warehousing, or a School would require a change in zoning.
Description

Shadeland School is a 2-story, brick and limestone exterior building with attached gymnasium located near downtown at 1525 W. 14th Street, Anderson, IN 46016. This property is currently zoned R3 which will allow up to 25 apartment units. The property currently includes 18 classrooms and a full-size gymnasium. It has ample parking and is a short drive or long walk to everything in downtown Anderson – Shopping, Restaurants, Office, etc. There are several employers in the area including Community Hospital Anderson, St. Vincent Health, Nestle USA, Borg Warner Indiana Technical Center and Harrah’s Hoosier Park Racing. The building was built in 1923. This would be ideal for Workforce Housing, Apartment Homes, or Senior Housing. Other uses such as Self Storage, Warehousing, or a School would require a change in zoning.

R3 zoning will allow up to 25 units on this property. We believe the best use is to convert the property into Apartment Homes or Senior Housing.

360 Degree Property Tour: https://kuula.co/share/collection/7YgkP?fs=1&vr=1&autorotate=-0.01&thumbs=3&info=0&logo=1&logosize=68

Attachments & Files

Listing Demographics for 1525 West 14th Street Anderson, IN 46016

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population8,45546,35866,326
Population Median Age363940
Population by Age0-9 Yrs1087 (12%)5434 (11%)7744 (11%)
10-19 Yrs1219 (14%)6144 (13%)8153 (12%)
20-29 Yrs1465 (17%)7098 (15%)9304 (14%)
30-39 Yrs1161 (13%)6011 (12%)8377 (12%)
40-49 Yrs1012 (11%)5409 (11%)7760 (11%)
50-59 Yrs1064 (12%)5790 (12%)8646 (13%)
60-69 Yrs872 (10%)5406 (11%)8290 (12%)
70+ Yrs576 (6%)5065 (10%)8052 (12%)
Median HH Income$29,991$38,127$41,032
Total Household Income< 24K1462 (42%)6234 (32%)8304 (30%)
25-49K1030 (30%)5612 (29%)7814 (28%)
50-74K454 (13%)3424 (18%)5326 (19%)
75-99K223 (6%)1685 (8%)2767 (9%)
100-199K209 (6%)1804 (9%)3125 (11%)
200K+32 (0%)229 (1%)337 (1%)
Highest Education LevelNo Diploma105047035991
Diploma or GED22031214217822
Some College118165309767
Assoc. Degree39824684046
Bachelors Degree56034225354
Higher Degree15116732593
Total Housing Units4,74223,54133,177
--Owner-Occupied1,65010,90217,212
--Renter-Occupied1,7608,08710,461
Owner-Occupied Values< 100K1451783811006
100-199K16925825130
200-299K14235561
300-399K2100233
400-499K147106
500K+14100176
Total Working Age Population6,55037,32853,791
In Work Force3,66821,86731,585
Not In Work Force2,88315,46122,206
Workforce Employed3,34020,12829,281
Workforce Unemployed3241,6922,230
Civlian Workforce3,66421,82031,510
Military Workforce44774
Total Households3,41018,98927,672
Family Households2,05110,88916,456
Non-Family Households1,3608,10011,216
Married Couple8826,42910,564
Other Family1,1694,4605,893
Married w/Child3252,0963,330
Single Male w/Child139524619
Single Female w/Child5142,1122,792

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Indiana6,080,485+76,483,802+46,738,573+47,014,880
Madison County133,358-1131,636-3127,604-3124,262

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
Indianapolis International Airport (IND) 41
Fort Wayne International Airport (FWA) 66
James M Cox Dayton International Airport (DAY) 79
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