4617 Elmhurst DR, Indianapolis, IN 46226
4617 Elmhurst DR, Indianapolis, IN 46226
4617 Elmhurst DR, Indianapolis, IN 46226
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Drew Dial

Drew Dial

+1(317) 614-5445
Listed by Corey Dawkins • Keller Williams Indy Metro NE
$75,000
Est. payment /mo
3 Beds
1 Bath
960 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $78

Subdivision Shadeland Terrace

MLS Listing ID 22114590

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

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Drew Dial

Drew Dial

+1(317) 614-5445

Principal Broker, Indiana | RBRB14047921

Principal Broker, Indiana RBRB14047921

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