Request More Info
Schedule a Showing
Share
Print
|
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.
Property Type(s):
Single Family
| Last Updated | 5/28/2026 | Tract | Boulders |
|---|---|---|---|
| Year Built | 1977 | Community | 4906 - Marion - Franklin |
| Garage Spaces | 4.0 | County | Marion |
Price History
| Prior to May 3, '26 | $449,000 |
|---|---|
| May 3, '26 - May 28, '26 | $419,000 |
| May 28, '26 - Today | $399,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator |
| AREA | 4906 - Marion - Franklin |
| BASEMENT | Yes |
| CONSTRUCTION | Stone |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Breakfast Bar, Entrance Foyer, Walk-in Closet(s), Wet Bar |
| LOT | 0.79 acre(s) |
| PARKING | Attached, Detached |
| POOL | Yes |
| POOL DESCRIPTION | Outdoor Pool |
| STORIES | Split/Multi Level |
| STYLE | Split Level, Traditional |
| SUBDIVISION | Boulders |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Leslie Luebcke to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with The Modglin Group
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.
Twitter
Facebook
Email