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7338 5 Points Road Indianapolis, IN 462597338 5 Points Road Indianapolis, IN 46259
Active
$600,000
Asking Price
3
Bd
2
Ba
2,542
Sqft
5.8
Ac Lot
7338 5 Points Road Indianapolis, IN 46259
Single Family Property Type
52 daysTime on Dwellane
$236Price per sqft
3 carsGarage
1926Year Built
BasementUnfinished
Commercial Opportunity: This property encompasses 5.8 acres located at the intersection of Shelbyville Road and Five Points Road. It features a recently updated three-bedroom bungalow, complemented by a sizable detached garage measuring 20 by 32 feet and an above-ground swimming pool. This site presents an excellent opportunity for the development of multi-family units, with the potential for subdividing into five parcels of one acre each. Previous plans for a small gated community are available upon request. The property allows for the construction of additional homes. This well-maintained real estate asset includes two parcels situated at the corner of Five Points Road and Shelbyville Road, boasting approximately 800 feet of road frontage.
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Year Built
1926
City
Indianapolis
Type
Single Family Residence
Neighborhood
Franklin Township
County
Marion
Lot Size
5.8 ac / -1 sqft
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Garage Capacity
3
Living Area Total
2,542 sqft
Price per sqft
$236.03
Living Area Main & Upper
1,520 sqft
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Listing Agent
Tina Sharma
317-970-9761
Listing Provider
Midland Realty Group, Inc.
MLS #
22064732
Source
MIBOR as distributed by MLS GRID
Last Modified
Tue Oct 14 2025
Listed on
Wed Sep 24 2025
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