Bradley Company Auction Services
Attn: Nathan Smith
317-525-2130
310 E 96th St Suite 100
Indianapolis, IN 46240

MARION COUNTY

7.44+ acres located in Indianapolis, Indiana
SEALED BID DEADLINE
Thu, Dec 4, 2025



- Tracts E & G, Sherman Park
- Brownfield site with ongoing remediation and incentives potential
- Zoned C-S, Special Commercial District
- Reasonable access to the I-65 and I-70 North Split, the most heavily traveled interchange in central Indiana, serving 220K motorists
- Parcel ID #49-10-05-178-008.002-101

PROPERTY LOCATION

The Indiana Department of Administration, is offering 7.44+ acres located approximately at 710 N Sherman Dr in Indianapolis.

DISCLOSURE NOTES

The property is subject to use restrictions and institutional controls by two layers of environmental restrictive covenants (ERCs) recorded in 2012 and 2014. Per public information, the site is ready for industrial development once the remediation effort has achieved its goal of cleaning up to industrial levels. The western majority portion of the site is not suitable for residential or green space/park reuse without significantly higher remediation efforts, while the eastern minority portion of the site could be suitable for other reuses besides industrial. Documents and links are available on www.IndianaStateSurplus.com.

CLICK HERE FOR GOOGLE DRIVE LINK

CLICK HERE FOR IDEM VIRTUAL FILE CABINET LINK

Please Note: The subject parcel currently has limited public access or right of entry. The buyer will be responsible for gaining legal access to the property. Ingress/Egress permits may be submitted to the Department of Transportation and approved or denied at the agency's sole discretion. No assurance of such a permit is expressed or implied.

AUCTION DETAILS

Sealed Bids Due: Thursday, December 4, 2025
Time: Bids must be received by 3:30 PM EST

The sealed bid submittal form, found in the bidder package, is the only required documentation needed on the sealed bid due date. No money is due unless you are the winning bidder.

You are encouraged to call Nathan Smith at (317) 525-2130 for any inquiries about the property or to discuss any special circumstances in submitting your sealed bid submittal form.

BID INFORMATION

Send Bids To:
Bradley Company Auction Services
Attn: Nathan Smith
310 E 96th St, Suite 100
Indianapolis, Indiana 46240
Re: STATE OF INDIANA SEALED BID #2025-49-14

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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.

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