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$599,000
This vast property encompasses 5.8 acres located at the intersection of Shelbyville Road and Five Points Road. Has been approved to allow the construction of additional homes and approved to split into 2, 4 or 5 separate parcels (Plat maps attached) the option of a private driveway with private gate, also a tennis court or playground which you can see on attached approved plat maps. Zoning allows horse boarding on property and possible zoning request for retail. Front of the property features a recently updated three-bedroom bungalow, complemented by a sizable detached garage measuring 20x32 feet and an above-ground swimming pool wooden deck. This site presents an excellent opportunity for the development of private subdivision, with approved potential for subdividing into 5 parcels of one acre each, 4 parcels or 2 parcels. Previous plans for a small gated community are available upon request. This well-maintained multifunctional real estate asset situated at the highly sought after corner of Five Points Road and Shelbyville Road, boasting approximately 800 feet of road frontage.

7338 5 Points Road, Indianapolis

Listing courtesy of Midland Realty Group, Inc..

$335,000
3 Beds 1 Baths
If you've always dreamed of owning your own Hair Salon-here's your golden opportunity!! This property is so beautiful and full of charm and exquisitely detailed woodwork that will take your breath away. Was originally built as a single family residential home-yet purchased in 2003 by a Salon Owner, who took the property thru the proper zoning approval to be granted permission to conduct her business here, and it's grandfathered as long as it remains a Salon. You could add ancillary beauty services as well, such as massage, pedicures, aesthetician services, filler/injection services and so much more-truly the skies the limit!! Gorgeous hardwood floors, intricate detailed woodwork that only a master craftsman could achieve adorn this fabulous light and bright space!! Room for at least 5 to 6 stylists, (or more dependent upon your internal configuration of the space) and all equipment stays (wall mirrors, track lighting, 3 sink bowls, & all stylists chairs). Room to park 12 vehicles, plus a concrete pad to support additional parking at the rear. ADA Compliant ramp leads to a rear building entrance. Upper level has a beautiful open loft space plus two rooms, one with water/sink & stylists chair. Traffic Count is incredible...as Oaklandon Rd takes you directly into the immediate adjacent Geist area-truly a perfect location for a business owner!! The property could be rather easily converted back to a single family dwelling if desired, by installing kitchen appliances, and returning the bonus room off of the front current lobby area into a primary bath ensuite. Don't let this incredible opportunity pass you by!! Shown by appointment only-please do not disturb during salon hours-as stylists are still working in the space.

6420 Oaklandon Road, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$100,000
It's all about location when it comes to building a new home and, this turnkey lot just minutes from downtown Indianapolis and two blocks from the Monon Trail, is perfectly situated and ready for your vision to come alive. Enjoy the Monon Trail and walk to parks, coffee shops, restaurants, microbreweries & enjoy urban living! The following have been approved/completed: variance for setbacks (no fire exit set back facing 20th St.), survey, zoning, water & sewer lines, and water pit & meter. There is a recorded sewer easement for 2005 Columbia Ave next door, running to the sewer line along 20th St. (runs between locations for a detached garage and a house). Power is available from a line running along 20th St. Zoned D-8 and can accommodate a carriage house. Seller has 2-story, single-family home designs that Seller is willing to provide at no cost. Selling "As-Is Where-Is". Information about lots is provided only to assist the Buyer in conducting Buyer's own separate due diligence, investigation and inspections. Information from Seller is believed to be accurate but not reliable.

2003 Columbia, Indianapolis

Listing courtesy of Berkshire Hathaway Home.

$200,000
Once-in-a-lifetime opportunity to build your vision in the heart of Windsor Park. This rare, oversized wooded lot offers a unique combination of privacy, natural beauty, and urban convenience that is nearly impossible to find in Indianapolis. Nestled among mature trees and overlooking Pogues Run, the property provides a peaceful, secluded setting with waterfront views while remaining just minutes from some of the city's most vibrant destinations. Enjoy easy access to the Factory Arts District, Bottleworks District, Kan-Kan Cinema, Amelia's Bakery, the Indianapolis Cultural Trail, and countless local restaurants, shops, and entertainment options. Whether you're dreaming of a custom home, a modern retreat, or an architecturally distinctive project, this one-of-a-kind lot offers the perfect canvas. Experience the tranquility of a wooded, private setting without sacrificing the energy and amenities of city living. Large lots in Windsor Park are exceptionally rare-don't miss this extraordinary opportunity to create something truly special.

1527 E 12th Street, Indianapolis

Listing courtesy of @properties.

$300,000
3 Beds 3 Baths
Reduced $75,000! Look at this OPPORTUNITY to own 2 Homes Close to University! Separate Home for In-Law Quarters! Rentals! Best Friends! Man Cave! She Shed! The List could go on & on!! Original Major Renovations Completed on Both Homes in 2008 including Windows in Home/Basement! Larger Home has 3 Bedrooms & 3 Full Updated Baths Plus Basement! 2 Bedrooms have their own en suite along w/Large Closets! Beautiful Hardwood Floors! Frplc has been Sealed Shut! All Kitchen Appliances (except microwave) Remain w/Property including Washer/Dryer! Roof is approx 3 yrs old! Gas Furnace & Central Air - New Dec. 2025! Basement has had Interior Drainage System w/Sump Pumps Installed Covered Front Porch to Enjoy the Beautiful Campus w/Lg Mature Trees Lining the Streets! Conveniently Located close to Interstate System & Shopping! Smaller Hm is approx 672 Sq Ft w/2 Bedrms (16x14 & 13x9). Roof Approx 6 yrs old! Heatpump/C/A in 2017 along w/Electric Water Heater! (Baseboard can be used for back-up heat) Stack Washer/Dryer Remains along w/Kitchen Appliances. Semi-Tax on Smaller Hm is $898.97. All Info Listed on Computer are ONLY for Larger Hm. Both Properties must be sold together due to arrangement on Lots-Seller has obtained a Variance (see supplements).

4038 Otterbein Avenue, Indianapolis

Listing courtesy of Crossroads Real Estate Group LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative