$370,000
$399,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
5225 Lava LN Indianapolis, IN 46237
4 Beds
3 Baths
4,190 SqFt
Key Details
Sold Price $370,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,190 sqft
Price per Sqft $88
Subdivision Boulders
MLS Listing ID 22096072
Sold Date 09/25/26
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1977
Tax Year 2024
Lot Size 0.790 Acres
Acres 0.79
Property Sub-Type Single Family Residence
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.
Location
State IN
County Marion
Interior
Interior Features Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Paddle Fan, Walk-In Closet(s), Wet Bar
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplaces Number 2
Fireplaces Type Gas Log, Great Room, Primary Bedroom
Fireplace Y
Appliance Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Electric Oven, Refrigerator
Exterior
Garage Spaces 4.0
Water Access Desc Public
Building
Story Multi/Split
Foundation Block
Water Public
Architectural Style Split Level, Traditional
Structure Type Stone
New Construction false
Schools
School District Franklin Community School Corp
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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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