4617 Elmhurst Drive, Indianapolis, IN 46226
- $85,100
- 3
- BD
- 1
- BA
- 960
- SqFt
- Sold Price
- $85,100
- List Price
- $75,000
- MLS#
- 22114590
- Status
- SOLD
- Days on Market
- 18
- Closing Date
- Aug 21, 2026
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft. of Residence
- 960
- Property Type
- Residential
- Year Built
- 1954
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.
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Additional Information
- Foundation
- Crawl Space
- Stories
- One
- Architecture
- Ranch
- Interior
- Attic Access
- Exterior Amenities
- Storage Shed
- Acres
- 0.18
- Heat
- Zoned, Electric, Natural Gas
- Cooling
- Central Air
- Financing
- Cash Only
- Appliances
- None, Electric Oven, Water Heater, Refrigerator, Gas Water Heater
- Region
- Lawrence
- Eating Areas
- Dining Combo/Kitchen
Mortgage Calculator
Listing courtesy of Keller Williams Indy Metro NE. Selling Office: Realty World Indy.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative