$85,100
$75,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
4617 Elmhurst DR Indianapolis, IN 46226
3 Beds
1 Bath
960 SqFt
Key Details
Sold Price $85,100
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $88
Subdivision Shadeland Terrace
MLS Listing ID 22114590
Sold Date 08/21/26
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1954
Tax Year 2025
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Property Description
Prime Investment & Development Opportunity in Lawrence Township! Unlock the potential of this value-add property situated on an oversized lot. This is an exceptional opportunity for experienced investors, builders, and developers looking to maximize returns. The existing home requires a full renovation, making it an ideal candidate for a fix-and-flip, rental investment, or long-term hold. The oversized parcel may offer the opportunity to split the lot, creating a separate buildable homesite with frontage on Kingman Drive. Once the parcel is split, the newly created lot could be developed or sold separately, offering multiple strategies to maximize your investment. Whether your vision is to renovate the existing home while building on the new lot or complete the split and sell the additional parcel, this property offers outstanding upside and flexibility in a desirable Lawrence Township location. Seller's Disclosure is available. Buyer to verify all zoning, lot-split feasibility, utility access, setbacks, permits, and development requirements with the appropriate governmental authorities.
Location
State IN
County Marion
Rooms
Main Level Bedrooms 3
Interior
Interior Features Attic Access
Heating Zoned, Electric, Natural Gas
Cooling Central Air
Fireplace N
Appliance None, Electric Oven, Water Heater, Refrigerator, Gas Water Heater
Exterior
Exterior Feature Storage Shed
View Y/N true
Water Access Desc Public
View Trees/Woods
Building
Story One
Foundation Crawl Space
Water Public
Architectural Style Ranch
Structure Type Other
New Construction false
Schools
School District Msd Lawrence Township
Read Less
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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