1301 Averitt Road, Greenwood, IN 46143

Greenwood
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1301 Averitt Road,Greenwood, IN 46143
$749,000
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 4,112 sq. ft.
  • Single family
  • Active
Listed by: colton cassel
Office: trueblood real estate
MLS#:22122443
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$749,000
  • Price per sq. ft.:$182.15

About this home

Rare opportunity to own one of the last large residential investment properties in Greenwood! This approximately 5-acre, flat and usable property offers tremendous potential for builders, developers, and investors. Conveniently located approximately 20 minutes south of Downtown Indianapolis and just minutes from I-65, major shopping, parks, and highly rated Greenwood schools. The property is directly across from Greenwood Middle School and approximately half a mile from Greenwood High School and Freedom Park. Major utilities, including gas, electric, water, and sewer, are located along Averitt Road. Previous development plans outlined 13-20 duplexes, offering the potential for 26-40 total units subject to zoning and governmental approvals. The property also offers flexibility for custom home development, with potential lot sizes ranging from approximately 1/4-acre lots to larger estate-sized parcels. Currently on the property is an approximately 4,300-square-foot, 11/2-story home...

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Home facts

  • Year built:1930
  • Subdivision & Development:No Subdivision
  • Listing ID #:22122443
  • Added:74 day(s) ago
  • Updated:November 13, 2026 at 04:13 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Dining Description:Dining Combo/Family Room
  • Kitchen Description:Dishwasher
  • Living area:4,112 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1930
  • Building area:4,112 sq. ft.
  • Lot area:5 Acres
  • Construction Materials:Wood Siding
  • Foundation Description:Crawl Space

Schools

  • High school:Greenwood Community High Sch
  • Middle school:Greenwood Middle School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$749,000
  • Price per sq. ft.:$182.15

Parking

  • Garage:Yes
  • Garage spaces:3
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