5225 Lava Lane

Off Market

5225 Lava Lane

Indianapolis IN 46237

4190 sq. ft.

34455 sq. ft.

Single-Family

Last sold for $370,000

Raymond Modglin, last sold this property on 25 September 2026 after 161 days on market.

Overview

An exceptional opportunity awaits at 5225 Lava Ln in Indianapolis. This single-family residence sits on a rare double corner lot and offers the kind of space and flexibility that is increasingly hard to find. With over 3,500 square feet, five bedrooms, and three full bathrooms, you are stepping into a property that has the size, layout, and bones to become something truly special. The home does need some TLC, but that is exactly where the upside lives. Whether you are an investor looking for your next value-add project or a buyer ready to build equity while making a home your own, this property gives you room to execute your vision. The layout supports both everyday living and future improvements, with expansive living areas that can be reimagined to match today's preferences. One of the standout features is the additional 4-car garage/workshop, offering incredible potential for storage, business use, hobbies, or even future conversion ideas. The large lot, just under an acre, provides space for outdoor living, expansion, or simply enjoying the privacy that comes with a property of this size. Built in 1977, the home reflects a solid structure and established presence, ready for its next chapter. Opportunities like this do not come around often-where you can combine square footage, lot size, and improvement potential into one purchase. If you are looking for a property where effort can translate directly into value, this is one worth serious consideration.

Features

4 bedrooms

3 bathrooms

4 carspaces

4 garage spaces

4190 sq. ft. floor area

34455 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 5225 Lava Lane is $310k.

Median value

$310k

Estimated value range

$135k - $1.05m

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5225 Lava Lane

2026

Sold

$370,000

25 Sep 2026 by Raymond Modglin, of The Modglin Group

2016

Sold

$259,000

09 Feb 2016 by Anita Keller, of Carpenter Realtors - Avon East

Happy sellers in Indianapolis

<50%

Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Indianapolis

In the last 12 months, 155 four-bedroom single-family properties similar to 5225 Lava Lane, have been sold.

This represents a 28% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Indianapolis for a market analysis.

Zach Purdy

(55 reviews)

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Janis Bradley

at JB Real Estate Consultant

(15 reviews)

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Charlene Brown

at Epique Realty

(49 reviews)

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Barry Delk

at Berkshire Hathaway HomeServices Indiana Realty (Greenwood, 46142)

(9 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

Zach Purdy

Sellers who recommend Zach Purdy have praised them for being clear communication, dedicated, local expert, responsive, honest, well-prepared, and hard-working