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Listed price in listed location currency (USD).
$600,000

320

MLS® 22064732

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1520 sqft
Garage Yes
Taxes 
Days Active 113
Lot Size 5.8 acres
Approx. Age 1926
Avg. Price Per Sqft $394
MLS® Number 22064732

Property Address: 7338 5 Points Rd, Indianapolis, IN, 46259-6708

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number22064732
Laundry Level
Central VacNo
FireplaceNo
Acreage5.8
Exterior
GarageYes
Approx. Age1926
BasementUnfinished
Driveway
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 2:Main Floor11.75 × 10.92 ft
Living Room:Main Floor11.75 × 25.25 ft
Kitchen:Main Floor9.5 × 11.34 ft
Bedroom 3:Main Floor8.67 × 13.59 ft
Other:Main Floor9.5 × 10.92 ft
Other:Main Floor6.34 × 19.92 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 26, 2025List Date
$600,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $290,000 and $755,000.
Similar properties in this area sold on average for: $290,400
Expected to sell very soon! Similar properties sold in 30 days. This home has been on Zoocasa for 113 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
7338 5 Points Rd, Indianapolis, IN

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