Improved Mixed-Use Land for Sale in Indianapolis, Indiana
5239 Five Points Rd, Indianapolis, IN 46239
Welcome to this rare Franklin Township log home retreat tucked away on 5+ private acres with mature trees and peaceful outdoor living spaces. This 4 bedroom, 3 bath home offers almost 3,000 sq ft and combines modern comfort with timeless log home charm. Step inside to find warm wood tones, vaulted ceilings, skylights, and a spacious great room centered around a stunning stone fireplace. Large windows bring in natural light and views of your private wooded surroundings. Outside, this property truly shines - a brand-new almost 900 sq. Foot deck a private pool with slide and automatic pool cover, firepit area, raised garden beds, and open grassy space provide endless room for relaxation and entertainment. The 4 plus car garage and additional outbuilding add valuable storage, hobby, and workspace options. Its also conveniently zoned light industrial for opportunity!
Location
- Street address
- 5239 Five Points Rd
- County
- Marion County
- Community
- Marion - Franklin
- School district
- Franklin Township Com SCH Corp
- Elevation
- 858 feet
Directions
Located between E. Thompson Road and Edgewood Ave on the East side of Five Points Road
Property details
- Acreage
- 5.16 acres
- MLS #
- MIBOR 22066137
- Posted
Parcels
- 491501123014000300
Legal description
Pt W1/2 Nw1/4 S1 T14 R4 Beg 1230' S Of Nw Cor E476.3' N 60' E 273.7' S 300' W 750' N 240' To Beg4.552Ac (4.441Ac Tax)
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Garage, Heated, Workshop
- Structures
- Barn(s), Packing Shed, Shed(s), Storage
- Features
- Barn Mini, Barn Pole, Lighting, Pool, Storage Shed, Water Feature Fountain
Structure
- Heating
- Fireplace(s), Natural Gas
- Cooling
- Central Air, Separate Meters
- Materials
- Log
Interior
- Room Count
- 13
- Rooms
- Basement, Bathroom x 3, Bedroom x 4, Great Room, Kitchen, Laundry, Living Room
- Appliances
- Convection Oven, Cooktop, Dishwasher, Electric Cooktop, Garbage Disposer, Gas Cooktop, Refrigerator, Washer
- Features
- Bath Sinks Double Main, Eat-In Kitchen, Hardwood Floors, Hi-Speed Internet Availbl, Kitchen Island, Paddle Fan, Pantry, Smart Thermostat, Supplemental Storage, Vaulted Ceiling(s), Walk-In Closet(s), Wired For Sound, Woodworkstain/Painted
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Thompson Crossing Elementary SCH | Elementary | Franklin Township Com SCH Corp | — |
| Franklin Central Junior High | Middle | Franklin Township Com SCH Corp | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 5, 2025 | Price drop | $709,900 | $16,000 -2.2% | MIBOR |
| Oct 2, 2025 | New listing | $725,900 | — | MIBOR |
