4617 Elmhurst Drive, Indianapolis, IN 46226

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
4617 Elmhurst Drive,Indianapolis, IN 46226
$75,000
  • 3 Beds
  • 1 Baths
  • 960 sq. ft.
  • Single family
  • Active
Listed by: corey dawkins, kala majors
Office: keller williams indy metro ne
MLS#:22114590
Source:IN_MIBOR

Price summary

  • Price:$75,000
  • Price per sq. ft.:$78.13

About this home

Prime Investment & Development Opportunity in Lawrence Township! Unlock the potential of this value-add property situated on an oversized lot. This is an exceptional opportunity for experienced investors, builders, and developers looking to maximize returns. The existing home requires a full renovation, making it an ideal candidate for a fix-and-flip, rental investment, or long-term hold. The oversized parcel may offer the opportunity to split the lot, creating a separate buildable homesite with frontage on Kingman Drive. Once the parcel is split, the newly created lot could be developed or sold separately, offering multiple strategies to maximize your investment. Whether your vision is to renovate the existing home while building on the new lot or complete the split and sell the additional parcel, this property offers outstanding upside and flexibility in a desirable Lawrence Township location. Seller's Disclosure is available. Buyer to verify all zoning, lot-split feasibility,...

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Home facts

  • Year built:1954
  • Subdivision & Development:Shadeland Terrace
  • Listing ID #:22114590
  • Added:2 day(s) ago
  • Updated:August 06, 2026 at 02:47 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Electric Oven, Refrigerator
  • Living area:960 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1954
  • Building area:960 sq. ft.
  • Lot area:0.18 Acres
  • Architectural Style:Ranch
  • Exterior Features:Storage Shed
  • Foundation Description:Crawl Space

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$75,000
  • Price per sq. ft.:$78.13

Features and amenities

  • Appliances:Refrigerator, Water Heater
  • Amenities:Attic Access
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