5225 Lava Lane, Indianapolis, IN 46237
- $399,000
- 4
- BD
- 3
- BA
- 4,190
- SqFt
- List Price
- $399,000
- Price Change
- ▼ $20,000 1779993101
- MLS#
- 22096072
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Sqft. of Residence
- 4,190
- Year Built
- 1977
- Days on Market
- 115
- Status
- PENDING - CONTINUE TO SHOW
Property Description
An exceptional opportunity awaits at 5225 Lava Ln in Indianapolis. This single-family residence sits on a rare double corner lot and offers the kind of space and flexibility that is increasingly hard to find. With over 3,500 square feet, five bedrooms, and three full bathrooms, you are stepping into a property that has the size, layout, and bones to become something truly special. The home does need some TLC, but that is exactly where the upside lives. Whether you are an investor looking for your next value-add project or a buyer ready to build equity while making a home your own, this property gives you room to execute your vision. The layout supports both everyday living and future improvements, with expansive living areas that can be reimagined to match today's preferences. One of the standout features is the additional 4-car garage/workshop, offering incredible potential for storage, business use, hobbies, or even future conversion ideas. The large lot, just under an acre, provides space for outdoor living, expansion, or simply enjoying the privacy that comes with a property of this size. Built in 1977, the home reflects a solid structure and established presence, ready for its next chapter. Opportunities like this do not come around often-where you can combine square footage, lot size, and improvement potential into one purchase. If you are looking for a property where effort can translate directly into value, this is one worth serious consideration.
/u.realgeeks.media/merealtygroup/logo-full.png){kind=logo}
Additional Information
- Foundation
- Block
- Number of Fireplaces
- 2
- Fireplace Description
- Gas Log, Great Room, Primary Bedroom
- Stories
- Multi/Split
- Architecture
- Split Level, Traditional
- Interior
- Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Paddle Fan, Walk-In Closet(s), Wet Bar
- Acres
- 0.79
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Appliances
- Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Electric Oven, Refrigerator
- Semi-Annual Taxes
- $2,614
- Garage
- Yes
- Region
- Franklin
- Eating Areas
- Breakfast Room, Formal Dining Room
Mortgage Calculator
Listing courtesy of The Modglin Group.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative