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:2 day(s) ago
- Updated:September 28, 2025 at 11:37 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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