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$425,000 -

3041 S Kercheval Drive Indianapolis IN 46239

5
Bedrooms
4
Baths
N/A
SQ. Feet
(Above Ground)
0.41
Acres

RARE opportunity to own a highly adaptable property in desirable Franklin Township offering multiple private living spaces and income potential all on nearly half an acre. Originally built as a ranch-style home and since extensively expanded and improved, now offering approx. 3,325sqft of living space configured to support a variety of use cases. The main residence features 4 bedrooms and 2 full bathrooms (approx. 1,624sqft), highlighted by a renovated kitchen with granite countertops, updated cabinetry, and stainless-steel appliances. Primary suite includes an en-suite bath and spacious walk-in closet. Recent updates include newer flooring, windows, mechanicals, and a one-year-old roof, providing a strong foundation for future customization. Complementing the main home is a substantial secondary living space (approx. 1,701sqft) designed for independent functionality. Including a fully appointed, newer kitchen, a loft, dedicated laundry, and high-quality finishes throughout. With a private entrance and separation from the main residence, it is well-suited for multi-generational living, guest needs, or potential rental income. Other improvements include a detached flex structure with electrical service, heating, and cooling, ideal for creative use or workspace. 3 total parcels offer flexibility and potential for future development (buyer to verify land use). Property is serviced by well water with reverse osmosis systems, multiple HVAC configurations, including newer, more efficient units, and updated infrastructure throughout. Exterior features include a large, fenced yard, ample parking, newer poured concrete walkways, and durable HardiePlank exterior siding. Zoned D-5, offering further potential for expansion or reconfiguration, subject to buyer due diligence. Whether used as a primary residence with extended living quarters or an income-generating asset, this property represents a rare opportunity to acquire a well-improved property with impressive upside!

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Property Details

Price: $425,000 Previously: $425,000 Originally: $425,000 Bedrooms: 5 Bathrooms: 4.00 MLS #: 22089907 Year Built: 1954 Township: Franklin Sq. Ft Total: 3,325 Type: Residential Zip Code: 46239 City: Indianapolis Subdivision: Suncrest County: Marion School District: Franklin Township Com Sch Corp

Interior Features

Interior Features:
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Heater, Water Purifier
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Storage Shed
  • Setting / Lot Description: Mature Trees
  • # Acres: 0.41

Listing Office: Berkshire Hathaway Home

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on March 25th, 2026 at 1:15pm EDT.

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