508 Us-421, Medaryville, IN 47957 | MLS #840781 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of Banga Realty, LLCNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840781MLS Provider

508 Us-421Medaryville, IN 47957

Commercial · 1,552 Sq. ft. | 0.49 Acres
$90,000 Active

508 Us-421 Overview

Time on Site:
13 days
Visits:
0

Commercial property lovers, this one's for you! This property has endless opportunities with exceptional visibility on State Road 421, seeing approximately 3 million vehicles pass by per year, per DOT traffic counts. It offers 300 feet of road frontage, making it a perfect location for maximum exposure and access. The building is well-suited for a wide range of commercial uses such as a restaurant, office space, retail storefront, service-based business, the list goes on and on! The large covered awning is such a standout feature for a drive-in/drive-thru restaurant concept. This property presents an immediate revenue source through renting out signage space for all tourists, travelers, and residents to view. Electrical systems have been updated, the roof is in good condition with zero leaks, and the excess windows have been replaced with insulated drywall for the colder months. With high traffic counts, strong frontage, and flexible use opportunities, this property is a rare chance to secure high-exposure possibilities!

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508 Us-421 Facts & Features

  • Type Commercial
  • Sq. ft. 1,552
  • Price/Sq.ft. $58
  • Lot 0.49 Acres

Details

General

Building Information

  • Year Built: 1953

Location/Region

  • County Or Parish: Pulaski
  • Township: White Post

Tax Information

  • Tax Annual Amount: 1274
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 661304207024001019
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Public Records

General Information

  • Appliances: Electric Range,Refrigerator,Other,Freezer
  • Basement: false
  • Building Features: Other
  • Electric: Circuit Breakers
  • Heating: Propane
  • Living Area: 1552

Exterior

Parking Information

  • Parking Total: 10

Lot Information

  • Lot Size Acres: 0.4912
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 21396.67
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Other

508 Us-421 Neighborhood

Community

47957 (Medaryville) Demographics

34
Median Age
37
Population Density (per sq. mile)
13%
College Educated
$47,666
Estimated Median Income
627
Estimated Total Home Owners
154
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

508 Us-421 Monthly Cost

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Mike Mabry
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

508 Us-421 Market Data

Based on the last 30 days in this zip code

$140,600
Average List Price
$91
Average Price per Square Foot
1
Properties Sold
76
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

508 Us-421 History

Date Event Value Agent
6/16/2026Source: Northwest Indiana MLS Added to Database
June 16, 2026