OFF MARKET

Off Market Oct 2019 for $410K

$569,301

•

2,765

sq ft

8240 Five Points Rd, Indianapolis, IN 46259

About this home

Opportunity Alert! Unique 6.5 Acres Parcel Presents a 4 Bedroom, 3.5 Bath Two Story Home in Franklin Township. Home Sits Comfortably Off Five Points Rd, & is Nicely Updated Inside & Out. Lower Level Master Bedroom & Laundry, Luxury Vinyl Plank Flooring On Main Level, Gas FP, Kitchen Features Granite Countertops & Stainless Steel Appliances (2019). Triple Pane Windows (2013), Roof (2014), Water Heater (2019), Remodeled Master Bath (2014) that Includes Dual Sinks & Tile Flooring & Shower. 38x48x15 Pole Barn Built in 2006, Stows RV w/ 50 Amp Plug-In, Double Door for Mower Access, Also w/ Water Rough-In in Slab For Future Dumping/Filling System. Property has Equestrian & Countless Recreational Potential. NO HOA. Here's The Space You've Wanted!

Single-familyProperty Type

1995Year Built

6.5 acresLot Size

$206Est. Price/Sq.Ft.

2 car garageParking

Listed by Daniel Aud • Keller Williams Indy Metro Partners

Listed by Taylor Paschal • Keller Williams Indy Metro Partners

Contact: danielaud@kw.com

Bought with Scott Smith • Keller Williams Indy Metro Partners

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21667274

Redfin Estimate

$569,301

$159K since sold in October 2019$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 70.1% higher than the average sale price ($335K) of 6 comparable homes.

SOLD MAY 26, 2026
$250,000
A
4 beds2.5 baths2,428 sq ft
6745 Ennis Way, Indianapolis, IN 46237
SOLD SEP 3, 2026
$385,000
B
4 beds3.5 baths3,167 sq ft
7746 Silver Lake Pl, Indianapolis, IN 46259
SOLD JUN 25, 2026
$431,500
C
4 beds2.5 baths3,200 sq ft
8144 Bel Moore Blvd, Indianapolis, IN 46259
SOLD AUG 5, 2026
$300,000
D
4 beds2.5 baths1,971 sq ft
6448 Whitaker Farms Dr, Indianapolis, IN 46237
SOLD JUN 5, 2026
$329,900
E
4 beds2.5 baths2,428 sq ft
6903 Harriet Dr, Indianapolis, IN 46237
SOLD DEC 3, 2025
$312,000
F
4 beds2.5 baths2,563 sq ft
8434 Smithfield Ln, Indianapolis, IN 46237

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Earn from this home

Sell

$252,538

Est. take-home

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Rent

$2,507/mo

Redfin rental estimate

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Market trends in 46237, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.0%

0.6% MoM

Median sale price

$282K

$1K MoM

Avg. days on market

30d

1 days MoM

Recently sold homes

199

0 MoM

New listings for sale

FOR SALE BY OWNER
$200,000
2 beds1 bath780 sq ft
12731 Southeastern Ave, Indianapolis, IN 46259
$364,900
3 beds2 baths2,876 sq ft
9477 N 700 E, Indianapolis, IN 46259
$529,000
5 beds3.5 baths5,176 sq ft
6032 Sand Mill Dr, Indianapolis, IN 46239
$259,900
3 beds2 baths1,814 sq ft
8233 Crackling Ln, Indianapolis, IN 46259
$399,900
5 beds3 baths2,801 sq ft
10120 Bitternut Run Ln, Indianapolis, IN 46259
SHORT SALE
$150,000
3 beds1.5 baths1,068 sq ft
7901 Alexander St, Indianapolis, IN 46259
$408,500
5 beds3.5 baths3,100 sq ft
7251 Darley Ln, Indianapolis, IN 46259
3D WALKTHROUGH
$425,000
4 beds3 baths3,732 sq ft
8336 Hunters Meadow Ct, Indianapolis, IN 46259
$249,900
3 beds2 baths1,505 sq ft
10622 Crackling Dr, Indianapolis, IN 46259
See all

Provided by Redfin

Sale history for 8240 Five Points Rd

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Year

Property tax

Land + Additions

Assessment*

2025

$6,511 (+24.0%)

$45,300 + $537,800

$583,100

2024

$5,251 (+0.2%)

$46,000 + $381,300

$427,300

2023

$5,239 (−6.4%)

$46,000 + $381,300

$427,300

2022

$5,598 (+8.7%)

$44,200 + $385,500

$429,700

2021

$5,149 (+4.7%)

$35,300 + $370,100

$405,400

2020

$4,916 (+18.3%)

$35,300 + $370,100

$405,400

2019

$4,154 (+10.3%)

$35,300 + $350,400

$385,700

2018

$3,768 (−1.0%)

$36,700 + $271,800

$308,500

2017

$3,807 (+0.4%)

$38,100 + $243,400

$281,500

2016

$3,792 (+16.6%)

$38,100 + $243,400

$281,500

2015

$3,251 (−1.8%)

$38,600 + $239,700

$278,300

2014

$3,310 (+0.9%)

$39,000 + $217,500

$256,500

2013

$3,282

$39,000 + $222,700

$261,700

Tax history for 8240 Five Points Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,511 (+24.0%)

$45,300 + $537,800

$583,100

2024

$5,251 (+0.2%)

$46,000 + $381,300

$427,300

2023

$5,239 (−6.4%)

$46,000 + $381,300

$427,300

2022

$5,598 (+8.7%)

$44,200 + $385,500

$429,700

2021

$5,149 (+4.7%)

$35,300 + $370,100

$405,400

2020

$4,916 (+18.3%)

$35,300 + $370,100

$405,400

2019

$4,154 (+10.3%)

$35,300 + $350,400

$385,700

2018

$3,768 (−1.0%)

$36,700 + $271,800

$308,500

2017

$3,807 (+0.4%)

$38,100 + $243,400

$281,500

2016

$3,792 (+16.6%)

$38,100 + $243,400

$281,500

2015

$3,251 (−1.8%)

$38,600 + $239,700

$278,300

2014

$3,310 (+0.9%)

$39,000 + $217,500

$256,500

2013

$3,282

$39,000 + $222,700

$261,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

283,140

Year renovated

2006

Sq. Ft.

2,765

Year built

1995

Style

Single Family Residential

County

Marion County

APN

491523105007000300

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Yes

Features

—

Last updated by owner on Aug 3, 2020.

METRO

Dwelling Agriculture District

The D-A District holds the agricultural lands of Marion County and provides for a variety of agricultural uses. It is intended to provide for animal and poultry husbandry, farming, cultivation of crops, dairying, pasturage, floriculture, horticulture, viticulture, apiaries, aquaculture, hydroponics, together with necessary, accompanying accessory uses, buildings, or structures for housing, packing, treating, or storing said products; or lands devoted to a soil conservation or forestry management program. A single-family dwelling is intended to be permitted as a part of such agricultural uses. A secondary provision of this District is large estate development of single-family dwellings. This District fulfills the very low density residential classification of the Comprehensive General Land Use Plan. This District does not require public water and sewer facilities.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Research & development
Communications tower
Veterinary clinic
Park & open space

Property details

Parking

Parking Information
Garage Parking Other: Service Door
Garage Parking Description: Multiple Garages
Parking Features: Attached, Concrete, Garage Door Opener, Gravel
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2765
Living Area: 2765
Main Level Sq. Ft.: 1503
Upper Level Sq. Ft.: 1262

Bedroom Information
Primary Bedroom Description: Bedroom 2nd Master,Closet Walk in,Shower Stall Full,Sinks Double,Suite
# of Upper Bedrooms: 3
# of Bedrooms Main: 1
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 1
# of Full Baths (Upper): 2
# of Full Baths (Main): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 4
Full Bathrooms MU: 3

Room 1 Information
Room Type: Great Room
Room Features: Luxury Vinyl Plank
Room Dimensions: 16x18
Room Level: Main

Room 2 Information
Room Features: Luxury Vinyl Plank
Room Dimensions: 5x7
Room Level: Main

Room 3 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x13
Room Level: Upper

Room 4 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 11x13
Room Level: Upper

Room 5 Information
Room Type: Dining Room
Room Features: Luxury Vinyl Plank
Room Dimensions: 11x11
Room Level: Main

Room 6 Information
Room Type: Breakfast Room
Room Features: Luxury Vinyl Plank
Room Dimensions: 11x14
Room Level: Main

Room 7 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 11x14
Room Level: Upper

Room 8 Information
Room Type: Loft
Room Features: Carpet
Room Dimensions: 15x11
Room Level: Upper

Room 9 Information
Room Features: Luxury Vinyl Plank
Room Dimensions: 15x15
Room Level: Main

Room 10 Information
Room Type: Kitchen
Room Features: Luxury Vinyl Plank
Room Dimensions: 12x11
Room Level: Main

Other Rooms Information
Rooms Upper: 5
Rooms Main: 8
Rooms Basement: 0
# of Rooms: 13

Laundry Room Information
Laundry Features: Main Level

Basement Information
Basement Features: Crawl Space, Sump Pump Dual

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Gas Log, Living Room

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Windows Vinyl, Wood Work Stained, Breakfast Bar, Pantry
Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater

Exterior

Exterior Features
Patio And Porch Features: Open Patio, Covered Porch
Exterior Features: Barn Pole, Out Building With Utilities

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 5-10 Acres

Lot Information
Lot Size Acres: 6.5
Lot Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Connected, Gas
Solid Waste Information: Yes

Location

HOA Information
Association Fee Frequency: Annually
Association Fee Includes: Other

School Information
Schools: FRANKLIN CENTRAL HIGH,FRANKLIN TOWNSHIP WEST MIDDLE,MARY ADAMS ELEMENTARY
High School District: Franklin Township Com Sch Corp

Location Information
Directions: Take I-65 South to Co. Line Rd. Go East on Co. Line Road to Five Points Road. Go North to property on left.
Tax Legal Description: Pt. E1/2 NE1/4 S23 T14N

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 2,765
Stories: 1.5
Parking Spaces: 1
Basement: No
Accessible: No
Lot Size: 6.5 acres
Style: Single Family Residential
Year Built: 1995
Year Renovated: 2006
County: Marion County
APN: 491523105007000300
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on Aug 3, 2020

Other

Listing Information
Attribution Contact: danielaud@kw.com

Green Information
Green Certification YN: No

Home Information
Construction Materials: Brick, Wood Siding
Levels: Two

Around this home

Schools

Lillie Idella Kitley Intermediate School

Public 4-6 • Assigned • 2.5mi

6/10

Franklin Central Junior High

Public 7-8 • Assigned • 4.0mi

5/10

Franklin Central High School

Public 9-12 • Assigned • 2.5mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46259

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$590,000 – $714,000

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Home values near 8240 Five Points Rd

Data from public records.

Address	Redfin Estimate
8302 5 Points Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1930 Sq. Ft.	$259,275
6916 Shoals Way, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2392 Sq. Ft.	$328,676

Address	Redfin Estimate
8220 5 Points Rd, Indianapolis, IN 6 Beds \| 2 Baths \| 4679 Sq. Ft.	$983,768
7023 Bel Moore Cir, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2338 Sq. Ft.	$329,529

Address	Redfin Estimate
7005 Samuel Dr, Indianapolis, IN 4 Beds \| 2.5 Baths \| 1774 Sq. Ft.	$306,028
7026 Samuel Dr, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1904 Sq. Ft.	$305,669

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2019. This data may not show owner updates. Learn more.

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