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5225 Lava Ln, Indianapolis, IN, 46237

4beds
3baths
4,190sqft
$419,000
$100price/sqft
$3,055/moest. monthly cost
$122,200/yrincome needed

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.

Getting Around

24
WalkingCar-Dependent
22
TransitMinimal Transit
32
BikeSomewhat Bikeable

Schools

5/10
7/10
9/10

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Block
  • Construction materials: Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Electric Water Heater,Disposal,Electric Oven,Refrigerator

Basement

  • Has basement: Yes

Bedroom2

  • Level: Upper
  • Area: 322
  • Dimensions: 23x14

Bedroom3

  • Level: Upper
  • Area: 121
  • Dimensions: 11x11

Bedroom4

  • Level: Upper
  • Area: 121
  • Dimensions: 11x11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1

Bonus Room

  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Breakfast Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 72
  • Dimensions: 12x06

Dining Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Dining Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Features

  • Attic Pull Down Stairs,Breakfast Bar,Entrance Foyer,Ceiling Fan(s),Walk-In Closet(s),Wet Bar
  • Number of fireplaces: 2
  • Fireplace features: Gas Log,Great Room,Primary Bedroom
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area below ground: 621

Great Room

  • Level: Main
  • Area: 322
  • Dimensions: 23x14

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,190
  • Total interior livable area: 4,190 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Living Room

  • Level: Upper
  • Area: 325
  • Dimensions: 25x13

Living Room

  • Level: Main
  • Area: 240
  • Dimensions: 20x12

Loft

  • Level: Upper
  • Area: 350
  • Dimensions: 25x14

Master Bedroom

  • Level: Upper
  • Area: 325
  • Dimensions: 25x13

Sun Room

  • Level: Main
  • Area: 234
  • Dimensions: 18x13

Property

Details

  • Parcel number: 491510105040000300
  • Horse amenities: None

Features

  • Levels: Multi/Split
  • Pool features: Outdoor Pool
  • Patio & porch: Covered,Deck

Lot

  • Lot size: 0.79 Acres

Parking

  • Total spaces: 4
  • Parking features: Attached,Detached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4