Last Sold Price
4,000 sqft$126/sqft
3531 Five Points Rd, Indianapolis, IN 46239

Description

Discover the potential of this unique 4,000 sq. ft. (100' x 40') pole barn situated on 6.62 acres zoned commercial with non conforming use. The middle third of the building was previously finished as living space on both the main and upper levels. Its most recent use was as a vehicle storage facility, with the kitchen removed and the interior now configured for light office space/podcast studio flanked by expansive warehouse/storage areas on both sides. The warehouse sections feature 17-foot ceilings,...Discover the potential of this unique 4,000 sq. ft. (100' x 40') pole barn situated on 6.62 acres zoned commercial with non conforming use. The middle third of the building was previously finished as living space on both the main and upper levels. Its most recent use was as a vehicle storage facility, with the kitchen removed and the interior now configured for light office space/podcast studio flanked by expansive warehouse/storage areas on both sides. The warehouse sections feature 17-foot ceilings, with the right side fully insulated-ideal for a variety of uses. A highlight of the property is the large, stocked pond out back, complete with a second-level deck overlooking the water-perfectly suited for an office or potential primary suite with a view. Outside, the fully fenced parking lot includes a large gated entrance for security and easy access. A previous variance was granted but is no longer in effect, allowing a clean slate for your vision. Let your imagination run wild with the possibilities this property offers!
LISTING CLOSED: 12/29/2025 12:00 AM

  1. Listed by Whitney Christy • Ever Real Estate, LLC
    P: (317) 672-3141 sellwithwhitney@gmail.com

Property Details for 3531 Five Points Road

Status
MLS #
22069839
Days on Market
19
Taxes
$2,175 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Commercial Sale / Mixed Use
Year Built
1996
Lot Size
6.62 AC / 288,367 SF
Township
Franklin
Zoning
commercial general

Recent comparable sales

Median sold price

$375,000

Avg days on market

81

Sale-to-list ratio

86.0%

Indianapolis, IN

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Location

Listing Courtesy of Ever Real Estate, LLC

Sold By Ever Real Estate, LLC

Add your commute

Building Information for 3531 Five Points Road

Stories2Residences-Year Built1996Building Size-Lot Size6.62 AC / 288,367 SF

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$2,929 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,567

Property Taxes

$363

HOA Dues

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Property Information for 3531 Five Points Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46239
  • Postal Code Plus4: 9501
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491025114012000300
  • Semi Annual Property Tax Amt: 2175
  • Tax Year: 2024
  • TaxLot: 0
School Information
  • School District: Franklin Township Com Sch Corp
Parking
  • Truck Parking: yes
Property
Lot Information
  • Acreage: 5-10 Acres
  • Current Use: Industrial
  • Lot Size Square Feet: 288367.0
  • Lot Size Acres: 6.62
  • New Construction: False
  • Stories: 2
  • Possible Use: Auto Misc, Industrial
  • Space Available: 4000
  • Sq Ft Total: 4000.0
  • Year Built Numeric: 1996
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Pt Sw1/4 Nw1/4 & Pt W1/2 Sw1/4 S25 T15 R4 Beg2567.01Ft N Of Sw Cor W1/2 Sw1/4 E 875Ft N329.43Ft W 875Ft S 329.43Ft To Beg 6.62Ac
  • Photos Count: 23
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Utilities
  • Utilities: Septic System
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Num Docks: 0
  • Roof: Asphalt
  • Fencing: Chain Link, Partial, Front Yard, Gate
Interior Features
  • Ceiling Height: 17
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Additional Equipment: Smoke Alarm

Property History for 3531 Five Points Road

DateEvent & SourcePriceAppreciation
Dec 29, 2025

Sold (Public Record)

Public Record #1929646844

$505,000

+19.3% / yr

Dec 29, 2025

Sold

MIBORMLS #22069839

$505,000
Nov 11, 2025

Pending

MIBORMLS #22069839

DateEvent & SourcePrice
12/29/2025

Sold (Public Record)

Public Record #1929646844

$505,000

+19.3% / yr

12/29/2025

Sold

MIBORMLS #22069839

$505,000
11/11/2025

Pending

MIBORMLS #22069839

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3531 Five Points Road

Taxable ValueLand$140,900Additions$28,300Total$169,200
Tax Record2024$4,349 ($362 / month)
Home Facts
Lot Size288,367 SqFtStyleMiscellaneous CommercialYear Built1989ZoningZO01CountyMARIONAPN49-10-25-114-012.000-300

Schools near 3531 Five Points Road

This home is within Franklin Township Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Thompson Crossing Elementary School
PublicK to 3

Franklin Central Junior High
Public7 to 8

Franklin Central High School
Public9 to 12

Edgewood Intermediate School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3531 Five Points Road, Indianapolis, IN 46239
$505,000
4,000
288,367
3
1
1,589
213,749
$40,000
3
1
1,394
155,988
$125,000
3
2,686
34,848
4
1
2,192
21,780
3
1
1,715
46,174

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ever Real Estate, LLC

Based on information submitted to the MLS GRID as of 01/08/2026 04:49 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.