7338 5 Points Road
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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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