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5225 Lava Lane

Indianapolis, IN 46237
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Bed 4

Bed

Bath 3

Bath

SqFt4,190

Sqft

Acres0.79

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $399,000

AD Id : 77536829

MLS Id : MBR22096072

Beds : 4

Lot Size : 0.79 Acre

Living Area Size : 4,190

Year Built : 1977

Garage : 4

County : Marion

Subdivision: Boulders

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 13 Has Basement: Yes

    Interior Features

    Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Paddle Fan, Walk-In Closet(s), Wet Bar Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Electric Oven, Refrigerator
  • Flooring Information

    Construction Materials: Stone
  • Heating & Cooling

    Heating: Forced Air, Natural Gas Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1977
  • Pool Features

    Private Pool: 1 Outdoor Pool

  • Lot Information

    Lot Square Feet: 34455 Lot Acres: 0.79

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Split Level, Traditional

  • Listing Price Information

    Original List Price:$449000

  • Tax Information

    Tax Block: 2 Tax Lot: 57 & 58 Tax Legal Description: The Boulders Sec 2 L57 & L58 Tax Year: 2024 Parcel Number: 491510105040000300 Tax Exemption: Homestead Tax Exemption

  • Parking Information

    Attached, Detached

    Garage Information

    Has Garage: Yes Garage Space: 4 Garage SQFT: 1152

  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: Boulders City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6559 Stonepoint Way, Indianapolis, IN, 46237 $525,000 4 2 2,529 2,529 SqFt
6824 Millbrook Circle, Indianapolis, IN, 46237 $335,000 3 2 1,960 1,960 SqFt
7739 Inverness Drive, Indianapolis, IN, 46237 $246,000 4 2 1,360 1,360 SqFt
5334 Lily Pad Lane, Indianapolis, IN, 46237 $349,999 5 3 3,243 3,243 SqFt
8107 Garden Ridge Road, Indianapolis, IN, 46237 $259,999 3 2 1,348 1,348 SqFt
7139 Bobcat Trail Drive, Indianapolis, IN, 46237 $309,000 4 3 2,188 2,188 SqFt
4852 Thicket Grove Lane, Indianapolis, IN, 46237 $309,900 3 3 2,221 2,221 SqFt
5804 Grassy Bank Drive, Indianapolis, IN, 46237 $239,900 3 3 1,829 1,829 SqFt
7508 Gordon Way, Indianapolis, IN, 46237 $267,000 5 3 1,988 1,988 SqFt
6725 Amber Springs Way, Indianapolis, IN, 46237 $329,900 4 3 2,353 2,353 SqFt
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ByOwner last updated this listing 06/06/2026 @ 18:20

MLS: MIBOR #22096072 LISTED BY: Raymond Modglin, The Modglin Group 317-865-9400 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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