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Investor opportunity and cash only on a commanding, elevated corner lot in Lantern Hills. Perched above the street on .71 wooded acres, this 3,100+ sq ft limestone quad-level has the presence and privacy you simply can't find in 46256 anymore - mature hardwoods on every side, wrought-iron fencing, and a stone terrace overlooking the neighborhood below. The primary suite is the showpiece: a full private bath plus its own enclosed patio wrapped in windows, with treetop views in every direction. Step out onto the massive rear deck and you're in the canopy. Character throughout, including leaded-glass double entry doors and a sunburst leaded-glass bay window. Four levels of flexible space with a large lower-level rec room, a basement with additional finished square footage, an attached 2-car garage, and a storage shed. Sold strictly as-is. Cash or hard-money only. A rare chance to bring a mid-century gem back to life on a lot that does the heavy lifting
Property Type(s):
Single Family
| Last Updated | 9/15/2026 | Tract | Lantern Hills |
|---|---|---|---|
| Year Built | 1956 | Community | 4904 - Marion - Lawrence |
| Garage Spaces | 2.0 | County | Marion |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| AREA | 4904 - Marion - Lawrence |
| BASEMENT | Crawl Space, Finished, Yes |
| CONSTRUCTION | Other |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Baseboard, Hot Water |
| INTERIOR | Entrance Foyer |
| LOT | 0.71 acre(s) |
| PARKING | Attached |
| STYLE | Split Level |
| SUBDIVISION | Lantern Hills |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods, Forest |
| WATER | Public |
Location
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Listed with Carpenter, REALTORS®
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.

