It was the largest interurban station in the world and at its peak handled 500 trains per day and seven million passengers per year.

The terminal consisted of three parts: a nine-story office building, a passenger waiting platform, and an adjoining train shed.

[1][5]: 69 Indianapolis stood at the center of a large interurban network; in 1914 the terminal handled 500 trains per day and seven million passengers per year.

The tracks were paved over but the terminal remained in use as a bus station until October 1968, at which time the former train shed was removed.

The $10,500 cost for that portion of the project was almost entirely financed (all but $500) by a donation from Ruth Lilly, and the original goal was to eventually reassemble the shed and use it to shelter the museum's existing and future railroad equipment collection.

The stacked girders remained untouched until the early 1980s, when they were finally hauled away as scrap.

[8] The only surviving remnants of the complex today are two stone eagle sculptures that once flanked either side of the train shed.