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4501 North Michigan Road

M Development Acquires Single Family Property In Indianapolis For $14.5M

4501 North Michigan Road

Single Family Residence
41,762 SF
clock iconSold 1 year ago
Stan Burton
Mike Johnson
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Single Family Residence
41,762 sqft

The single-family property located at 4501 North Michigan Road in Indianapolis has been sold in a transaction. The property sits on a vast expanse of 168 acres, offering ample space for various activities. The sale price for this property was $14,500,000, indicating the value it holds in the market. With a total of 41,762 square feet, this property provides a substantial area for residents to utilize. The price per square foot for this transaction stands at $347.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $14,500,000
  • Address: 4501 North Michigan Road, Indianapolis
  • Market: Indianapolis
  • Acres: 168

The buyer of this property is M Development, a notable player in the real estate market. Representing the buyer in this transaction is Mike Johnson from Encore Sotheby's International Realty and Stan Burton from Avison Young. These brokers played a pivotal role in facilitating this deal, ensuring a smooth process for all parties involved.


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Stan Burton's profile picture
Stan Burton
Avison Young-image
Commercial Real Estate Broker
$14.5M Sold
Mike Johnson's profile picture


Deal Summary
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IMAGE: Stan Burton & Mike Johnson DATE: 09/16/2022 ADDRESS: 4501 North Michigan Road MARKET: Indianapolis ASSET TYPE: Single Family ~ ACRES: 168 BUYER: M Development BROKERS: Mike Johnson - Encore Sotheby’s International Realty; Stan Burton - Avison Young SALE PRICE: $14,500,000 SF: 41,762 ~ PPSF: $347

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Address4501 North Michigan Road


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