5225 Lava Lane, Indianapolis, IN 46237

• 4 beds |
• 3 baths |
• 4,121 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 7:18AM

Listing Office:

The Modglin Group : 317-900-6015

Listing Agent:

Raymond Modglin : 317-900-6015

MLS ID:

22096072

Interior

• General: Attic Pull Down StairsBreakfast BarEntrance FoyerPaddle FanWalk-In Closet(s)Wet Bar
• Appliances: Electric CooktopDishwasherElectric Water HeaterDisposalElectric OvenRefrigerator
• A/C: Central Air
• Heating: Forced AirNatural Gas
• Fireplace: Gas LogGreat RoomPrimary BedroomFireplaces: 2

Exterior

• Style: Split LevelTraditional
• Other Structures: DeckCovered
• Pool: Outdoor Pool
• Parking: AttachedDetached

Construction

• General: Multi/SplitBlock

Location

• Originating MLS: mibor
• School District: Franklin Community School Corp
• County: Marion

Lot

• Zoning: The Boulders Sec 2 L57 & L58491510105040000300

Utilities

• Water: Public

Financial

• Source: mibor