Primary on Main - Lease to Own
Address
8151 E Southport Road, Indianapolis, IN
Price
$ 1,200,000
Property Attributes
- MLS#22056477
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaFranklin
- Neighborhood1st Sub Div
- Zip46259
- StyleRanch
- Year Built1991
- Taxes$ 6238
- Price$ 1,200,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3362
- Lot Size3.73 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| South Creek Elementary | Franklin Central Junior High | Franklin Central High School |
| Price History | |
|---|---|
| 8/14/2025 | Listed $1,200,000 |
General Features
| Heating | Natural Gas |
|---|---|
| Cooling | Central Air |
| Utilities | Cable Connected,Electricity Connected,Natural Gas Connected,Sep Electric Meter,Septic System |
| Possession | Negotiable |
| Appliances | Gas Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,Humidifier,Exhaust Fan,Microwave,Oven,Double Oven,Convection Oven,Refrigerator,Washer,Water Heater,Water Softener Owned |
| Garage Spaces | 4 |
| Patio/Porch Features | Covered,Glass Enclosed,Patio |
| Architectural Style | Ranch |
| Pool Features | In Ground,Outdoor Pool,Pool Cover,Salt Water |
| Construction Materials | Brick |
| Year Built | 1991 |
| Electric | 200+ Amp Service |
| Township | Franklin |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | 1st Sub Div |
| Facing Direction | North |
| Garage Y/N | Yes |
| Other Structures | Outbuilding |
| Total Rooms | 11 |
| Full Baths | 3 |
| Status | Active |
| Directions | From I 65,go east to house on right just prior to coming to Franklin road |
| High School | Franklin Central High School |
| City | Indianapolis |
| High School District | Franklin Township Com Sch Corp |
| MLS Area | 4906 - Marion - Franklin |
| Lot Size Square Feet | 162479 |
| Elementary School | South Creek Elementary |
| Property Attached Y/N | No |
| Middle/Junior High School | Franklin Central Junior High |
| Property Condition | Updated/Remodeled |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Tax Lot | 491618121003000300 |
| Legal Description | Pt Ne1/4 Nw1/4 S18 T14 R5 Beg 450Ft W Of Ne Cor S605ft W 272.24Ft N 605.07Ft E 268.64Ft Tobeg 3.73Ac |
Interior Features
| Interior Amenities | Attic Pull Down Stairs,Breakfast Bar,Cathedral Ceiling(s),Entrance Foyer,Paddle Fan,Hi-Speed Internet Availbl,In-Law Floorplan,Eat-in Kitchen,Pantry,Wood Work Stained |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Family Room |
| Basement (Y/N) | No |
| Half Baths | 1 |
| Laundry Features | Laundry Room |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 5 |
| LivingAreaSource | Assessor |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Storage,Basketball Court,Fire Pit,Other |
|---|---|
| Parking Features | None,Attached,Concrete,Garage Door Opener,Garage Faces Side,Workshop in Garage |
| Lot Features | Access,Not In Subdivision,Rural - Not Subdivision,Suburb,Mature Trees |
| Water Source | Public |
| Foundation Details | Crawl Space |
| Spa | No |
| Building Area Total | 3362 |
| Lot Size Acres | 3.73 |
| Waterfront Y/N | No |
| Other Equipment | Security System Owned,Smoke Alarm |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46259
Price
Taxes
Year Built
Visits
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Meridian x Main may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: September 21, 2026 10:27 PM UTC
