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$199,900
Exceptional 2 Acre Lot for Investment or Builder Opportunity in Franklin Township. This premium 2-acre parcel in highly desirable Franklin Township offers the perfect blend of country-style tranquility and modern city convenience. Ideal for building your custom dream home outside of a subdivision. The flat, versatile acreage features a structurally sound 30' x 50' clear-span pole barn built in 1988, equipped with impressive 16.5-foot ceilings and dual 14-foot overhead doors perfect for a workshop, heavy equipment, or Boat/RV storage. Plus, addition barn door on one side of building. Close access to Interstate 65, this property provides an effortless commute to downtown Indianapolis, Greenwood, and Franklin, making it a rare and lucrative canvas for a luxury estate or strategic residential development.

8561 Shelbyville Road, Indianapolis

Listing courtesy of Premier Agent Network.

$599,000
This vast property encompasses 5.8 acres located at the intersection of Shelbyville Road and Five Points Road. Has been approved to allow the construction of additional homes and approved to split into 2, 4 or 5 separate parcels (Plat maps attached) the option of a private driveway with private gate, also a tennis court or playground which you can see on attached approved plat maps. Zoning allows horse boarding on property and possible zoning request for retail. Front of the property features a recently updated three-bedroom bungalow, complemented by a sizable detached garage measuring 20x32 feet and an above-ground swimming pool wooden deck. This site presents an excellent opportunity for the development of private subdivision, with approved potential for subdividing into 5 parcels of one acre each, 4 parcels or 2 parcels. Previous plans for a small gated community are available upon request. This well-maintained multifunctional real estate asset situated at the highly sought after corner of Five Points Road and Shelbyville Road, boasting approximately 800 feet of road frontage.

7338 5 Points Road, Indianapolis

Listing courtesy of Midland Realty Group, Inc..

$245,000
Build your dream home on this beautiful 3-acre vacant parcel offering the perfect blend of peaceful country living and convenient accessibility. Recently surveyed and split into two separate parcels, this property presents a unique opportunity for future development, investment potential, or multi-generational living. The open and level landscape provides several ideal building sites with plenty of room for a custom home, pole barn, workshop, garden, or recreational space. Enjoy scenic rural views and privacy while still being conveniently located just minutes from nearby shopping, dining, schools, and major roadways for an easy commute. Whether you are ready to build now or planning for the future, this versatile property offers endless possibilities in a desirable location. Don't miss your chance to own a beautiful piece of land with flexibility, space, and convenience all in one package.

Harvey (Tract 1), Indianapolis

Listing courtesy of Red Hot, REALTORS LLC.

$499,999
Discover nearly 7.7 acres of opportunity in the heart of Franklin Township, just steps from Franklin Township Middle School and minutes from new and established neighborhoods alike in a booming growth corridor. This rectangular parcel offers the perfect blend of open frontage and natural beauty: - Prime northern section with road access, level ground, and utilities nearby; ideal for your future home, farm, or development project! - Picturesque southern acreage featuring Wildcat Creek, mature trees, and rolling terrain, creating a natural retreat and built-in privacy buffer. - The property includes several functional outbuildings, including a concrete block garage and two lean-to style barns that are ready for storage, workshop use, or animals. With its current agricultural zoning and placement in the township's moderate-density growth area, this land holds value both today and for the future. Whether you're seeking an investment in development, private homestead site, a mini-farm, or an investment with long-term development potential, this acreage checks all the boxes. Highlights: - ~7.69 acres (~7.54 taxable) - 237 ft of frontage on Indian Creek Rd S - Across from Franklin Township Middle School - Open fields + wooded creek corridor - Outbuildings for storage or farm use - Convenient access to schools, neighborhoods, and city amenities

10605 Indian Crk S Road S, Indianapolis

Listing courtesy of Midland Realty Group, Inc..

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