7338 5 Points Road, Indianapolis, IN 46259

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
7338 5 Points Road,Indianapolis, IN 46259
$600,000
  • 3 Beds
  • 2 Baths
  • 1,520 sq. ft.
  • Single family
  • Active
Listed by: tina sharma
Office: midland realty group, inc.
MLS#:22064732
Source:IN_MIBOR

Price summary

  • Price:$600,000
  • Price per sq. ft.:$236.03

About this home

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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Home facts

  • Year built:1926
  • Listing ID #:22064732
  • Added:82 day(s) ago
  • Updated:December 17, 2025 at 10:28 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:1,520 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1926
  • Building area:1,520 sq. ft.
  • Lot area:5.8 Acres

Schools

  • Middle school:Franklin Central Junior High
  • Elementary school:Bunker Hill Elementary School

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$236.03
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