Property Attributes
- MLS#22102250
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaWayne
- Zip46214
- StyleRanch
- Year Built1967
- Taxes$ 11856
- Price$ 799,900
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage6309
- Lot Size4.3 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Rare multi-use property on 4.3 acres with several income producing structures already in place*. Property is ideal for Home Business, Multi-Generational Living or Investment. WELCOME to your dream compound near "Speedway" yet with all the peace and freedom of country living. Property includes ranch home + in-law quarters, pool, pole barn, and several income-producing opportunities. The spacious ranch home has over 3500 sq ft featuring a step-down living room, fireplace & a dedicated in-law quarters with private entrance, kitchen, living space, bedroom & bathroom--ideal for extended family or guests. Currently tenant occupied & tenant is doing some renovations. Car enthusiasts & business owners will appreciate the massive, detached garage with room for up to 8 vehicles. Whether you're a collector, mechanic or entrepreneur there's a studio space or additional structure perfect for you! Property is zoned A3 & laid out to support a variety of uses from residential living to running a business (or several), storing equipment or simply enjoying your own private retreat with room to grow. Off of left driveway is 1920s bungalow with recent upgrades & rented-Would make a perfect Airbnb, long-term rental or insurance or law office. A third structure is a 20x36 workshop or again with more finishing could make a cozy rental home. A concrete slab is available for more 'building' or parking! Behind housing structures is a huge pole barn that is currently being rented by a dog rescue & finishing out the 4.3 acres includes a fenced pasture, suitable for livestock, gardening & recreational use. Convenient location with easy access to Speedway shopping and great schools. Repeat listing in multi-family section.
| Price History | |
|---|---|
| 5/16/2026 | Listed $899,900 |
| 7/7/2026 | 6$849,900 |
| 9/4/2026 | 6$799,900 |
General Features
| Heating | Forced Air,Heat Pump,Electric |
|---|---|
| Cooling | Central Air |
| Utilities | Cable Available |
| Possession | Subject To Tenant Rights |
| Appliances | Dishwasher,Disposal,Down Draft,MicroHood,Oven,Range Hood,Refrigerator,Electric Water Heater,Water Softener Owned |
| Garage Spaces | 4 |
| Patio/Porch Features | Deck,Glass Enclosed |
| Architectural Style | Ranch |
| Pool Features | In Ground |
| Construction Materials | Cedar,Stone |
| Year Built | 1967 |
| Electric | 200+ Amp Service |
| View | Pool,Trees/Woods |
| Township | Wayne |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | No Subdivision |
| Garage Y/N | Yes |
| Total Rooms | 9 |
| Full Baths | 4 |
| Status | Active |
| Directions | GPS Friendly |
| City | Indianapolis |
| High School District | MSD Wayne Township |
| MLS Area | 4909 - Marion - Wayne |
| Lot Size Square Feet | 187395 |
| Property Attached Y/N | No |
| Current Financing | Exchange - 1031,Conventional |
| Virtual Tour | https://homes.com |
| Standard Status | Active |
| Tax Lot | 49-05-35-104-004.000-900 |
| Legal Description | Pt Nw1/4 S35 T16 R2 Beg Ne Cor; S672.59',Nw260.61',N662.0',E260.5' To Beg 4.302Ac. |
Interior Features
| Interior Amenities | Attic Access,High Ceilings,Wood Work Stained,Breakfast Bar,Eat-in Kitchen,Entrance Foyer,Hi-Speed Internet Availbl,In-Law Floorplan,Pantry |
|---|---|
| Basement | Daylight |
| Total Fireplaces | 1 |
| Fireplace Features | Great Room,Masonry |
| Basement (Y/N) | Yes |
| Laundry Features | Main Level |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 258 |
| Main Level Bedrooms | 4 |
| LivingAreaSource | Assessor |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Barn Pole |
|---|---|
| Parking Features | Detached |
| Lot Features | Not In Subdivision,Mature Trees |
| Water Source | Public |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 6309 |
| Lot Size Acres | 4.3 |
| Other Equipment | Security System,Smoke Alarm,Sump Pump w/Backup,Sump Pump Dual |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Last Updated: September 22, 2026 8:10 PM UTC