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Current leases gross $3K/month. Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Currently utilized as a daycare, this property offers flexibility unlike anything else on the market-residential, commercial, or investment, the choice is yours. Step inside to find a spacious, single-level layout designed for versatility. Hard surface floors flow throughout the home, making it durable, functional, and easy to maintain. A spacious kitchen with dining area, living room, and five bedrooms provide endless options for creating the lifestyle or business you envision. Outside, the fenced front yard adds charm, while the corner lot maximizes visibility and convenience. No garage? No problem. The private parking lot ensures plenty of space for residents, guests, or clients. But what truly sets this property apart is its unbeatable location. Just steps from Tarkington Park, Tea's Me Community Cafe, and the iconic Melody Inn, and minutes from the Indiana State Fairgrounds and Downtown Indy, this is a neighborhood bursting with culture, convenience, and community. Whether it's families, professionals, or small business opportunities, this area thrives with possibility. With usage flexibility, prime exposure, and a floor plan that adapts to your vision, this is more than a property-it's a chance to create your future. Opportunities like this don't wait. Schedule your showing today and see firsthand how this home can become the foundation of your next chapter.
Property Type(s):
Single Family
| Last Updated | 1/15/2026 | Tract | Brodleigh |
|---|---|---|---|
| Year Built | 1910 | Community | 4903 - Marion - Washington |
| County | Marion |
SCHOOLS
| High School | Shortridge High School |
|---|
Price History
| Prior to Sep 23, '25 | $375,000 |
|---|---|
| Sep 23, '25 - Nov 17, '25 | $360,000 |
| Nov 17, '25 - Jan 15, '26 | $349,900 |
| Jan 15, '26 - Today | $319,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater, None |
| AREA | 4903 - Marion - Washington |
| BASEMENT | Crawl Space, Unfinished, Yes |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.3 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Common |
| STORIES | 1 |
| STYLE | Ranch, Traditional |
| SUBDIVISION | Brodleigh |
| WATER | Public |
Location
Contact us about this Property
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Listed with Keller Williams Indy Metro S
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.

