5225 Lava Lane, IN 46237

$370,000
4
BD
3
BA
4,190
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$370,000
List Price
$399,000
Status
SOLD
Days on Market
162
Closing Date
Sep 25, 2026
MLS#
22096072
Subtype
Residential
Year Built
1977
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
4,190
Acres
0.79
Subdivision
Boulders
MLS Area Major
Franklin

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.

Additional Information

Interior Features
Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Paddle Fan, Walk-In Closet(s), Wet Bar
Taxes
$2,614
Appliances
Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Electric Oven, Refrigerator
Air Conditioning
Central Air
Stories
Multi/Split
Foundation
Block
Pool
Yes
Garage Spaces
4

Listing courtesy of Raymond Modglin. The Modglin Group

Selling Office: F.C. Tucker Company.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.