This vast property encompasses 5.8 acres located at the intersection of Shelbyville Road and Five Points Road. Has been approved to allow the construction of additional homes and approved to split into 2, 4 or 5 separate parcels (Plat maps attached) the option of a private driveway with private gate, also a tennis court or playground which you can see on attached approved plat maps. Zoning allows horse boarding on property and possible zoning request for retail. Front of the property features a recently updated three-bedroom bungalow, complemented by a sizable detached garage measuring 20x32 feet and an above-ground swimming pool wooden deck. This site presents an excellent opportunity for the development of private subdivision, with approved potential for subdividing into 5 parcels of one acre each, 4 parcels or 2 parcels. Previous plans for a small gated community are available upon request. This well-maintained multifunctional real estate asset situated at the highly sought after corner of Five Points Road and Shelbyville Road, boasting approximately 800 feet of road frontage.

Based on information submitted to MIBOR as of July 21, 2026 3:37 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Name

Your Email Address

Phone

Message Send me the deed for 7338 5 Points Road Indianapolis IN 46259 (ID#:22114700)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 7338 5 Points Road Indianapolis IN 46259 (ID#:22114700)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 7338 5 Points Road Indianapolis IN 46259 (ID#:22114700)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Property Details

Basic Information

Location

Exterior Features

Features

Community

Schools

Other Details

Water

Map Location

CENTURY 21 Scheetz - Greenwood

Listing Tools

Hi there! How can we help you?

Send to a friend

Property Details

Basic Information

Location

Exterior Features

Features

Community

Schools

Other Details

Water

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

CENTURY 21 Scheetz - Greenwood