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ABOUT THIS HOME
Exceptional opportunity at 8605 E. 86th Street in a highly desirable Indianapolis location! Situated on a rare 2-acre parcel, this property offers incredible potential for homeowners, builders, or investors alike. With city utilities already connected, the groundwork is in place for your vision-whether you're looking to renovate, build new, or explore the possibility of subdividing or creating a mini-plat (buyer to verify). The expansive lot provides flexibility that's hard to find in this area. The existing home is being sold as-is, making it a perfect candidate for a renovation project or a complete redevelopment. Ideally located near shopping, dining, and major thoroughfares, this property combines prime location with development potential-a rare find in today's market. Don't miss your chance to unlock the possibilities this unique property has to offer!
$320,000
Exceptional opportunity at 8605 E. 86th Street in a highly desirable Indianapolis location! Situated on a rare 2-acre parcel, this property offers incredible potential for homeowners, builders, or investors alike. With city utilities already connected, the groundwork is in place for your vision-w...
2,000
Sq Ft
1951
Year Built
3
Bedrooms
2
Bathrooms
Key things to know
- Sold at list price in 10 days
- Fireplace
- 2.2-acre lot
- Castleton Estates subdivision
Sold
$320,000
- Closed
- May 1, 2026
- Sold
- 1 week ago
- Sold in
- 10 days
Price history
- Sold$320,000
May 1, 2026
- Listedat $320,000
Apr 9, 2026
Castleton Estates · activity
past 6 months
- Sold
- 4
- Median price
- $394,900
- Median DOM
- 10 days
Recent comparable sales

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8435 Sandpiper Court
4bd · 3ba · 2,594 sqft
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$288,000
8833 Deer Run Court
3bd · 2ba · 1,405 sqft
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$222,000
8188 Foxchase Circle
2bd · 3ba · 1,526 sqft
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$277,000
8733 Caplock Lane
4bd · 3ba · 1,968 sqft
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Comparative value
5 comps in this range
This home is 11% above median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$320,000Listed· Apr 9, 2026
10 days on market
Layout
Schools
MSD Lawrence Township
Neighborhood
- Fishers High School3.7 mi
- Conner Prairie3.9 mi
- IU Health North Hospital4.6 mi
- Hamilton Southeastern HS5.6 mi
- Hamilton Town Center6.3 mi
- Monon Trail (Carmel)6.4 mi
PROPERTY DETAILS
Living Area
2,000 sq ft
Year Built
1951
Stories
One
Subdivision
Castleton Estates
Bedrooms
3
Bathrooms
2 full
Garage
2 spaces
School District
MSD Lawrence Township

