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8151 E Southport Road

Indianapolis, IN 46259

ActiveListed Aug 14, 2025 · 366 days on market

Key facts

Beds
5
Baths
3 full · 1 half
Living area
3,362 sqft
Lot
3.73 acres
Year built
1991
Type
Residential · Single Family Residence
Stories
One
Garage
4 spaces
MLS #
22056477
County
Marion
Subdivision
1st Sub Div

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.

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDryerDisposalGas Water HeaterHumidifierExhaust FanMicrowaveOvenDouble OvenConvection OvenRefrigeratorWasherWater HeaterWater Softener Owned
Interior features
Attic Pull Down StairsBreakfast BarCathedral Ceiling(s)Entrance FoyerPaddle FanHi-Speed Internet AvailblIn-Law FloorplanEat-in KitchenPantryWood Work Stained
Kitchen
Kitchen Updated
Other rooms and areas
Utility Room
Flooring
Hardwood
Fireplaces
1
Fireplace type
Family Room
Laundry
Laundry Room
Windows
Wood Frames
Rooms
11
Main-level bedrooms
5
Condition
Updated/Remodeled

Exterior

Exterior features
StorageBasketball CourtFire Pit
Patio and porch
CoveredGlass EnclosedPatio
Construction
Brick
Foundation
Crawl Space
Style
Ranch
Parking and garage
AttachedConcreteGarage Door OpenerGarage Faces SideWorkshop in Garage
Pool
In GroundOutdoor PoolPool CoverSalt Water
Private pool
Yes
Other structures
Outbuilding
Other equipment
Security System OwnedSmoke Alarm

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSep Electric MeterSeptic System

Lot and HOA

Lot features
AccessNot In SubdivisionRural - Not SubdivisionSuburbMature Trees

Schools

Elementary school
South Creek Elementary
Middle school
Franklin Central Junior High
High school
Franklin Central High School
School district
Franklin Township Com Sch Corp

Taxes

Estimated annual tax
$6,238 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$6,989per month, estimated
Principal and interest $6,049Property tax $520Insurance $420
20% · $240,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$1,200,000
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