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7338 5 Points Road Indianapolis IN 46259
- 3
- Bedrooms
- 1½
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 5.8
- Acres
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.
Property Details
Interior Features
- Appliances: Range Hood, Electric Cooktop, Exhaust Fan, Refrigerator, Dishwasher
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
Exterior Features
- Features: Storage Shed
- Setting / Lot Description: Corner Lot, Not In Subdivision, Mature Trees
- # Acres: 5.80
Listing Office: Midland Realty Group, Inc.
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Listing information last updated on January 16th, 2026 at 1:30pm EST.
