Sheldon Barnes
For Sale — 8151 E Southport Road, Indianapolis, IN 462598151 E Southport Road
Indianapolis, Indiana 46259
1st Sub Div
$1,200,000
Schedule a Showing5
Beds
4
Baths
3,362
Sq Ft
1991
Year Built
3.73
Acres
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ABOUT THIS HOME
Location, location, location. 3.73 Acres. Looking for a fast growing area with many new business' being developed around the site in Franklin Township. The property is in the comprehensive plans for the township to be Commercial office use. This can include office building, Doctor/dental office, daycare, extended care facilities, funeral home, and many other options. The home itself could be converted into an office. Great home, completely remodeled in 2013, including two HVAC units, salt water pool pump 2022, pool cover 2024. Larger garage is completely finished inside with insulation and separate fuel tank for heating. Many new subdivisions are in various locations around this home site. Kroger with strip mall and McDonald's, Starbucks, Dunkin, Dental Office, Day Care Center, directly across the street and Franciscan office space next door. Lease option would be considered.
Key things to know
- 3.73 acres with commercial zoning potential
- Completely remodeled 2013
- Saltwater pool with new pump and cover
- Finished 4-car garage with separate heating
- Cathedral ceilings and hardwood floors
Browse by room
5 rooms · 16 photos
Monthly payment
Estimate · $1,200,000
$6,907/mo
≈ $6,387 principal & interest · $520 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $240,000 on a loan of $960,000.
Price history
- Listedat $1,200,000
Aug 14, 2025
Recent comparable sales
$418,000
7343 Deerberg Drive
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$394,990
7433 Deerberg Drive
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$380,000
10008 Redwood Peak Lane
4bd · 3ba · 2,469 sqft
Sold Apr 2026
$414,990
6209 Paperbark Way
5bd · 4ba · 2,969 sqft
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$350,000
7134 Sayers Road
5bd · 3ba · 2,719 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 204% above 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$1,200,000Listed· Aug 14, 2025
5 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double
Schools
Franklin Township Com Sch Corp
Elementary
South Creek Elementary
Middle
Franklin Central Junior High
High
Franklin Central High School
Neighborhood
- Downtown Indianapolis10.2 mi
- IU Health North Hospital20.6 mi
- Fishers High School20.7 mi
- Monon Trail (Carmel)20.9 mi
- Conner Prairie20.9 mi
- Carmel High School21.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,362 sq ft
Year Built
1991
Stories
One
Subdivision
1st Sub Div
Bedrooms
5
Bathrooms
3 full, 1 half
Garage
4 spaces
School District
Franklin Township Com Sch Corp