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$315,000

Welcome to 4920 S Co Rd 500 W in Frankfort, IN! Nestled on over 1 acre at the end of a private, dead-end road, this spacious property offers the peace and privacy you've been searching for-along with incredible potential to make it your own. With just under 3,000 square feet of finished living space, this home features 4 large bedrooms and an abundance of flexible living areas to fit your lifestyle. Whether you need multiple living rooms, a home office, playroom, or hobby space, the layout provides versatility and room to grow. The generously sized kitchen includes a walk-in pantry, offering both convenience and ample storage. Downstairs, you'll find a full-size basement ready to be finished, adding the opportunity for approximately 1,300 additional square feet of living space. Create the ultimate rec room, home gym, theater, or guest suite while instantly increasing your home's value.

4 Beds ⋅ 3 Baths

Welcome to 4920 S Co Rd 500 W in Frankfort, IN! Nestled on over 1 acre at the end of a private, dead-end road, this spacious property offers the peace and privacy you've been searching for-along with incredible potential to make it your own. With just under 3,000 square feet of finished living space, this home features 4 large bedrooms and an abundance of flexible living areas to fit your lifestyle. Whether you need multiple living rooms, a home office, playroom, or hobby space, the layout provides versatility and room to grow. The generously sized kitchen includes a walk-in pantry, offering both convenience and ample storage. Downstairs, you'll find a full-size basement ready to be finished, adding the opportunity for approximately 1,300 additional square feet of living space. Create the ultimate rec room, home gym, theater, or guest suite while instantly increasing your home's value.

4920 S Old County Road 500 W, Frankfort

Listing courtesy of eXp Realty, LLC.

$315,000

Unique opportunity awaits with this Charming, cozy easy living property. Looking for a home with it's own in-law suite/apartment or a place that you can live in while renting the spacious cottage apartment, or maybe a place for multi generation living... If so, this is your place! Located minutes from all the main Indiana events and attractions, but yet nestled in a welcoming neighborhood! Both units have been fully renovated and successfully continuous bookings as VRBO property. Unit A is 3BEDS, 1BATH w/Basement! Unit B is 2BEDS, 1BATH, Large Living Room, w/very own LAUNDRY! Both living spaces have off street private off street parking w/large backyard. These homes are move in ready! Newly updated w/all appliances included for both.

3 Beds ⋅ 1 Baths

Unique opportunity awaits with this Charming, cozy easy living property. Looking for a home with it's own in-law suite/apartment or a place that you can live in while renting the spacious cottage apartment, or maybe a place for multi generation living... If so, this is your place! Located minutes from all the main Indiana events and attractions, but yet nestled in a welcoming neighborhood! Both units have been fully renovated and successfully continuous bookings as VRBO property. Unit A is 3BEDS, 1BATH w/Basement! Unit B is 2BEDS, 1BATH, Large Living Room, w/very own LAUNDRY! Both living spaces have off street private off street parking w/large backyard. These homes are move in ready! Newly updated w/all appliances included for both.

3360 Ransdell Street, Indianapolis

Listing courtesy of Runnebohm Realty, LLC.

$300,000

Reduced $75,000! Look at this OPPORTUNITY to own 2 Homes Close to University! Separate Home for In-Law Quarters! Rentals! Best Friends! Man Cave! She Shed! The List could go on & on!! Original Major Renovations Completed on Both Homes in 2008 including Windows in Home/Basement! Larger Home has 3 Bedrooms & 3 Full Updated Baths Plus Basement! 2 Bedrooms have their own en suite along w/Large Closets! Beautiful Hardwood Floors! Frplc has been Sealed Shut! All Kitchen Appliances (except microwave) Remain w/Property including Washer/Dryer! Roof is approx 3 yrs old! Gas Furnace & Central Air - New Dec. 2025! Basement has had Interior Drainage System w/Sump Pumps Installed Covered Front Porch to Enjoy the Beautiful Campus w/Lg Mature Trees Lining the Streets! Conveniently Located close to Interstate System & Shopping! Smaller Hm is approx 672 Sq Ft w/2 Bedrms (16x14 & 13x9). Roof Approx 6 yrs old! Heatpump/C/A in 2017 along w/Electric Water Heater! (Baseboard can be used for back-up heat) Stack Washer/Dryer Remains along w/Kitchen Appliances. Semi-Tax on Smaller Hm is $898.97. All Info Listed on Computer are ONLY for Larger Hm. Both Properties must be sold together due to arrangement on Lots-Seller has obtained a Variance (see supplements).

3 Beds ⋅ 3 Baths

Reduced $75,000! Look at this OPPORTUNITY to own 2 Homes Close to University! Separate Home for In-Law Quarters! Rentals! Best Friends! Man Cave! She Shed! The List could go on & on!! Original Major Renovations Completed on Both Homes in 2008 including Windows in Home/Basement! Larger Home has 3 Bedrooms & 3 Full Updated Baths Plus Basement! 2 Bedrooms have their own en suite along w/Large Closets! Beautiful Hardwood Floors! Frplc has been Sealed Shut! All Kitchen Appliances (except microwave) Remain w/Property including Washer/Dryer! Roof is approx 3 yrs old! Gas Furnace & Central Air - New Dec. 2025! Basement has had Interior Drainage System w/Sump Pumps Installed Covered Front Porch to Enjoy the Beautiful Campus w/Lg Mature Trees Lining the Streets! Conveniently Located close to Interstate System & Shopping! Smaller Hm is approx 672 Sq Ft w/2 Bedrms (16x14 & 13x9). Roof Approx 6 yrs old! Heatpump/C/A in 2017 along w/Electric Water Heater! (Baseboard can be used for back-up heat) Stack Washer/Dryer Remains along w/Kitchen Appliances. Semi-Tax on Smaller Hm is $898.97. All Info Listed on Computer are ONLY for Larger Hm. Both Properties must be sold together due to arrangement on Lots-Seller has obtained a Variance (see supplements).

4038 Otterbein Avenue, Indianapolis

Listing courtesy of Crossroads Real Estate Group LLC.

$489,900

An extraordinary opportunity to complete a custom contemporary ranch estate offering nearly 12,000 square feet under roof on 3.077 private acres in South Indianapolis. The structural shell is complete, including foundation, framing, roof, and exterior siding-providing a substantial head start on what is designed to be a 6-bedroom, 5 full bath, 1 half bath luxury residence. With 6,938 square feet above grade and an additional 4,922 square foot basement, the scale and layout allow for exceptional potential for a theater, fitness studio, wine cellar, recreation areas, or multi-generational living, and premium lifestyle amenities. The generous acreage provides privacy rarely found in this corridor while maintaining convenient access to major highways, downtown Indianapolis, and surrounding amenities. This is an exceptional opportunity for a custom homeowner, luxury builder, or investor to complete and personalize a contemporary estate with significant upside potential. Architectural scale, acreage, and structure are already in place-bring your vision to life. For the discerning buyer seeking architectural scale, privacy, and the ability to design a signature estate - this is a rare opportunity to complete a luxury residence without starting from raw land. Eligible buyers may use Construction-to-Permanent loans, FHA 203(k), or standard construction financing to complete the home. Bring your architect, your builder, and your vision - the groundwork is already done.

6 Beds ⋅ 7 Baths

An extraordinary opportunity to complete a custom contemporary ranch estate offering nearly 12,000 square feet under roof on 3.077 private acres in South Indianapolis. The structural shell is complete, including foundation, framing, roof, and exterior siding-providing a substantial head start on what is designed to be a 6-bedroom, 5 full bath, 1 half bath luxury residence. With 6,938 square feet above grade and an additional 4,922 square foot basement, the scale and layout allow for exceptional potential for a theater, fitness studio, wine cellar, recreation areas, or multi-generational living, and premium lifestyle amenities. The generous acreage provides privacy rarely found in this corridor while maintaining convenient access to major highways, downtown Indianapolis, and surrounding amenities. This is an exceptional opportunity for a custom homeowner, luxury builder, or investor to complete and personalize a contemporary estate with significant upside potential. Architectural scale, acreage, and structure are already in place-bring your vision to life. For the discerning buyer seeking architectural scale, privacy, and the ability to design a signature estate - this is a rare opportunity to complete a luxury residence without starting from raw land. Eligible buyers may use Construction-to-Permanent loans, FHA 203(k), or standard construction financing to complete the home. Bring your architect, your builder, and your vision - the groundwork is already done.

3712 E Edgewood Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

$284,900

Currently two living units! A Large Main House and an attached In-Law Apartment with a separate entrance. Could easily be recombined or remain separate. The in-law apartment is currently leased. A great income or multi-generational opportunity near the University of Indianapolis. Garage space for at least five cars with additional storage/workshop! The main portion of the home features a heated sunroom floor, pellet stove fireplace in the living room, and large, open spaces for versatility. The in-law suite is at the back with entrances on both the main floor and upstairs via an exterior staircase. An in-ground pool is perfect for these warm summer days. Utilities are not separate. Tenants in the apartment may leave six months after closing.

4 Beds ⋅ 4 Baths

Currently two living units! A Large Main House and an attached In-Law Apartment with a separate entrance. Could easily be recombined or remain separate. The in-law apartment is currently leased. A great income or multi-generational opportunity near the University of Indianapolis. Garage space for at least five cars with additional storage/workshop! The main portion of the home features a heated sunroom floor, pellet stove fireplace in the living room, and large, open spaces for versatility. The in-law suite is at the back with entrances on both the main floor and upstairs via an exterior staircase. An in-ground pool is perfect for these warm summer days. Utilities are not separate. Tenants in the apartment may leave six months after closing.

3830 S Olney Street, Indianapolis

Listing courtesy of GB Landrigan & Company.