Active

7740 W 88th Street

Indianapolis, IN 46278

$550,000 $2,318/Mo

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Overview

Bed

Bath

200

Acres

5.81

Acres(Lot)

Description

Finding 5.8 acres of genuinely rolling undulating land in central Indiana is rare - finding it in Traders Point is even rarer. This parcel offers dramatic elevation changes and natural character that simply don't exist on most lots in the region, giving you a foundation for a custom home that feels truly set apart. The terrain opens up possibilities that flat land can't offer - sweeping elevated views, a natural walkout lower level, a winding drive through mature landscape. Your home can be designed to rise with the land and take full advantage of every contour. Privacy here is permanent. The neighboring property will remain undeveloped, ensuring that the open, natural views surrounding this lot will never be interrupted by a rooftop or a fence line. What you see today is what you'll have for good. Traders Point is one of Indianapolis's most coveted addresses - known for its spacious estates, equestrian heritage, outstanding dining and retail, and quick access to I-465 and downtown. This lot delivers all of that, on a piece of land with natural beauty that's genuinely difficult to replicate anywhere in the metro. Randy Shaffer Homes is the exclusive builder on this parcel. Known for custom homes that are thoughtfully designed and meticulously built, they'll work with you from first sketch to final detail to create a home worthy of the setting.

Property Details

Property Type : Residential

Price : $550,000

AD Id : 76972826

MLS Id : MBR22094248

Beds : 1

Lot Size : 5.81 Acres

Living Area Size : 200

Year Built : 1964

County : Marion

Subdivision: No Subdivision

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 1

Bathroom Information

Total Baths: 2 Full Baths: 1 Half Baths: 1

Room Information

Rooms Total: 5

Interior Features

Attic Access Appliances: None
Flooring Information

Construction Materials: Brick
Heating & Cooling

Heating: None Cooling: None WaterSource: Private

Building Information

Year Built: 1964

Lot Information

Lot Square Feet: 163394 Lot Acres: 5.81

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Other

Listing Price Information

Original List Price:$550000

Tax Information

Tax Lot: 34 Tax Legal Description: Pt Ne1/4 Se1/4 S16 T17 R2 Beg Ne Cor P.O.B. S604.19' W271.48' N599.6' E271.52' To Beg Tax Year: 2024 Parcel Number: 490416120001000600

School Information

Junior High School: Pike Central Middle School Senior High School: Pike Central High School
Utility Information

Water Source: Private
Location Information

Subdivision: No Subdivision City: Indianapolis Direction: GPS Friendly

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
8606 Lepart Court, Indianapolis, IN, 46278	$709,900	6	5	4,688	4,688 SqFt
6601 W 71st Street, Indianapolis, IN, 46278	$350,000	4	2	2,769	2,769 SqFt
6634 N Oakview Drive, Indianapolis, IN, 46278	$260,000	3	2	1,474	1,474 SqFt
7547 Starkey Court, Indianapolis, IN, 46278	$419,900	3	2	1,980	1,980 SqFt
8519 Walden Trace Drive, Indianapolis, IN, 46278	$355,000	4	4	2,774	2,774 SqFt
7510 Sedge Meadow Drive, Indianapolis, IN, 46278	$774,900	5	4	5,002	5,002 SqFt
7931 Fawnwood Drive, Indianapolis, IN, 46278	$699,900	5	5	5,768	5,768 SqFt
8744 W 86th Street, Indianapolis, IN, 46278	$797,000	4	3	4,092	4,092 SqFt
11058 Mallard Way, Indianapolis, IN, 46278	$525,000	3	4	2,809	2,809 SqFt
8641 Fawn Lake Circle, Indianapolis, IN, 46278	$1,000,000	5	4	4,224	4,224 SqFt

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ByOwner last updated this listing 06/18/2026 @ 06:20

MLS: MIBOR #22094248 LISTED BY: Tim O'Connor, Berkshire Hathaway Home 317-595-2100 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)