
Sheldon Barnes
For Sale — 5225 Lava Lane, Indianapolis, IN 462375225 Lava Lane
Indianapolis, Indiana 46237
Boulders
4
Beds
3
Baths
4,121
Sq Ft
1977
Year Built
0.79
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 5225 Lava Lane in Boulders, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
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.
Key things to know
- Double corner lot with extra 4-car garage or workshop
- Four bedrooms and three bathrooms
- Wet bar and walk-in closets
- Nearly 0.8 acres of private outdoor space
Browse by room
4 rooms · 4 photos
Monthly payment
Estimate · $419,000
$2,666/mo
≈ $2,230 principal & interest · $436 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $83,800 on a loan of $335,200.
Price history
- Listedat $449,000
Apr 16, 2026
Recent comparable sales

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4025 Towhees Drive
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5752 Beisinger Place
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6708 Moss Court
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5142 Cedar Mill Lane
4bd · 3ba · 3,198 sqft
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Comparative value
5 comps in this range
This home is right at the median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$449,000Listed· Apr 16, 2026
19 days on market
Layout
Primary suite
Closet Walk in,Fireplace
Primary bath
Sinks Double,Tub Full with Separate Shower
Schools
Franklin Community School Corp
Neighborhood
- Downtown Indianapolis7.8 mi
- Monon Trail (Carmel)19.8 mi
- IU Health North Hospital20.0 mi
- Carmel High School20.5 mi
- Fishers High School20.6 mi
- Carmel Central Park20.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
4,121 sq ft
Year Built
1977
Stories
Multi/Split
Subdivision
Boulders
Bedrooms
4
Bathrooms
3 full
Garage
4 spaces
School District
Franklin Community School Corp
