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$1,599,999
22075803 MLS
5 UNIT INVESTMENT BRINGING IN $13,100 A MONTH - FULLY LEASED, TURNKEY, AND POSITIONED FOR LONG-TERM APPRECIATION. 1340 N Park Ave is a heavily updated five-unit building located in the heart of the Old Northside, one of Indianapolis' most historic, walkable, and consistently appreciating neighborhoods. Producing $13,100 in monthly income ($157,200 annually), this stabilized asset delivers immediate cash flow with strong tenant demand and minimal operational lift. Each spacious residence offers two bedrooms and two bathrooms with updated kitchens, refreshed baths, modern layouts, and in-unit laundry hookups. The penthouse stands out with a private rooftop deck and downtown views, while all residents benefit from assigned off-street parking - amenities that continue to support premium rents and retention. This is not a "chase yield" property - it is a wealth preservation and appreciation play. Assets like this are typically acquired by investors who prioritize location, tenant quality, and long-term equity growth over short-term returns. The building is 100% occupied, creating dependable income from day one, with additional upside through future rent growth and expense optimization. Situated just minutes from the Bottleworks District, tenants enjoy some of the city's best dining, entertainment, and boutique retail, reinforcing the area's desirability and long-term value. Ideal for a 1031 exchange buyer, high-income professional, or portfolio investor looking to anchor their holdings with a blue-chip multifamily asset, 1340 N Park Ave represents a rare opportunity to acquire a clean, high-performing property in a premier Indianapolis location.

1340 N Park Avenue, Indianapolis

Courtesy of Max Moore with @properties

$1,599,999
22075708 MLS
5 UNIT INVESTMENT BRINGING IN $13,100 A MONTH - FULLY LEASED, TURNKEY, AND POSITIONED FOR LONG-TERM APPRECIATION. 1340 N Park Ave is a heavily updated five-unit building located in the heart of the Old Northside, one of Indianapolis' most historic, walkable, and consistently appreciating neighborhoods. Producing $13,100 in monthly income ($157,200 annually), this stabilized asset delivers immediate cash flow with strong tenant demand and minimal operational lift. Each spacious residence offers two bedrooms and two bathrooms with updated kitchens, refreshed baths, modern layouts, and in-unit laundry hookups. The penthouse stands out with a private rooftop deck and downtown views, while all residents benefit from assigned off-street parking - amenities that continue to support premium rents and retention. This is not a "chase yield" property - it is a wealth preservation and appreciation play. Assets like this are typically acquired by investors who prioritize location, tenant quality, and long-term equity growth over short-term returns. The building is 100% occupied, creating dependable income from day one, with additional upside through future rent growth and expense optimization. Situated just minutes from the Bottleworks District, tenants enjoy some of the city's best dining, entertainment, and boutique retail, reinforcing the area's desirability and long-term value. Ideal for a 1031 exchange buyer, high-income professional, or portfolio investor looking to anchor their holdings with a blue-chip multifamily asset, 1340 N Park Ave represents a rare opportunity to acquire a clean, high-performing property in a premier Indianapolis location.

1340 N Park Avenue, Indianapolis

Courtesy of Max Moore with @properties

$1,599,900
3 Beds 3 Baths 22116757 MLS
Custom-built 2022 barndominium on 31 amazing acres with a mix of wooded and open ground, certified wetlands, and private trails for hiking, ATV riding, hunting, and outdoor recreation. Spacious open floor plan with a 23' GR ceiling, gas fireplace, luxury vinyl plank flooring, granite countertops throughout, hickory soft-close cabinetry, walk-in pantry, induction cooktop with pot filler, dual convection oven/microwave, and motorized blinds. The primary suite features a walk-in closet with built-ins, double vanities, soaking tub, and tiled walk-in shower. Additional highlights include a loft, Jack-and-Jill bath, sunroom, covered rear patio, and laundry room with utility sink and folding counter. The climate-controlled 60' x 50' attached garage offers heat, A/C, 220V service, floor drains, utility sink, and space for up to 8 vehicles with room for lifts. A 40' x 60' outbuilding with a 40' x 16' lean-to includes 220V and 110V electric, water, restroom rough-in, floor drains, HVAC (thermostat connection needed), underground conduit for internet/network cabling, and an exhaust fan. Additional features include a tankless water heater, owned water softener, owned 1,000-gallon propane tank, and oversized septic system designed for future home expansion. (Be sure to pull up the Special Features List for more info!)

3448 S 475 W, Trafalgar

Courtesy of Rob Campbell with RE/MAX Advanced Realty

$1,599,900
5 Beds 3 Baths 22116740 MLS
Gorgeous renovation on this Grandview Lake home! Every space of this 9 year old home has been meticulously updated! High end kitchen with 60" built-in fridge, gas cooktop, wall ovens, quartz waterfall island, ice maker, beverage center and more. Main floor has primary, and 2 additional guest rooms. All bathrooms have floating vanities. Living room has a vaulted ceiling and 72" wide electric fireplace. Dining room has 20" tray ceiling. Two additional bedrooms downstairs, along with music/exercise/flex room and additional family room. There is also a full kitchen in the lower level. The upper deck with Trex decking and cable railing has an abundance of seating. The lower concrete patio boasts a hot tub, sectional seating areas and dining areas. Move right into to this stunning property and start enjoying all that Grandview Lake has to offer.

11911 W Grandview Drive, Columbus

Courtesy of Christopher Braun with RE/MAX Real Estate Prof

$1,599,900
5 Beds 5 Baths 1881957 MLS
Impeccably Maintained & Thoughtfully Designed on 2+ Acre Cul de Sac Lot in Clearcreek Township/Springboro's Popular Country Creek Community ! This All Brick & Stone Beauty is Everything You've Been Waiting For ! Dreamy Great Room with 15' Tiered Trey Ceilings ! Incredible Kitchen Boasts Massive Island, Quartz Counters, High End Stainless Appliances, & Built In Buffet Area with Beverage Fridge. This Area is an Entertainer's Dream Highlighted by the Floor to Ceiling Stone Gas Fireplace & Accompanying Formal Dining Area. Access to Both a Sunroom & a Covered Patio Can be Found on the Main Level. Upstairs Is a Bedroom with En Suite Bath Plus a Flex Space Loft That Could be Another Bedroom. The Finished Lower Level Offers a Wet Bar with Granite Counters & Island Plus Rec Space, Threatre Room with Tiered Seating, Exercise Room, & Plenty of Storage Space. You'll Also Find Two Additional Bedrooms, A Second Half Bath & a Third Full Bath. Huge Fenced Yard. An Absolute 10 - Hurry !

2442 Berkeley Court, Clearcreek Twp.

Courtesy of Nicole Gulick with Reign Realty

$1,599,900
4 Beds 4 Baths 1879381 MLS
Architectural masterpiece with phenomenal river and city views from every floor! The attention to detail in this beautiful contemporary home is second to none. The use of space and light is incredible for entertaining and family comfort. Elevator to all levels. Leed Platinum tax abatement through 2032 offers huge tax savings. See Other Documents for abatement information. Dream kitchen has Thermador appliances and walk out to a private back patio. Escape the pressures of the day on the rooftop deck and take in the city skyline and larger-than-life river views. Integrated Sonos sound system throughout, enclosed glass wine cellar, 10 ft. ceilings throughout. Two car garage. Everything you could possibly want in luxury living.

404 Baum Street, Cincinnati

Courtesy of Lee Robinson with Robinson Sotheby's Internat'l

$1,599,000
4 Beds 5 Baths 22103696 MLS
Positioned on 155' of waterfront in a deep-water cove, this striking contemporary home offers a rare opportunity to own a one-of-a-kind lakefront property in an exceptional setting. Designed with dramatic architecture, soaring windows, and a light-filled multi-level layout, this unique property captures breathtaking water views from nearly every angle. The European-inspired kitchen features quartz countertops, custom cabinetry, high-end stainless appliances, and an oversized island designed for gathering. The primary suite offers a spa-like feel with a glass soaking tub, river rock shower, HEATED flooring, and serene waterfront views. Outside, the expansive tiered waterfront setting, private dock, and large outdoor living areas provide an incredible foundation for creating a truly spectacular lakeside retreat. With its modern exterior, distinctive design, and premier waterfront presence, this property offers a rare chance to personalize a luxury home in one of Geist's most sought-after locations.

8309 Reef Court, Indianapolis

Courtesy of Jennifer Holden with Highgarden Real Estate

$1,595,000
6 Beds 7 Baths 22114764 MLS
Experience exceptional luxury in the prestigious Hamilton Proper private country club community. Offering more than 8,000 square feet of impeccably designed living space, this extraordinary residence showcases timeless architecture, sophisticated finishes, and an unparalleled lifestyle. A stunning newly remodeled chef's kitchen serves as the heart of the home, seamlessly blending style and functionality for everyday living and effortless entertaining. The expansive floor plan features six spacious bedrooms, each with its own private en suite bath, providing exceptional comfort, privacy, and convenience for family and guests. Soaring ceilings, refined architectural details, and expansive living spaces create an inviting atmosphere that is equally suited for intimate gatherings or grand-scale entertaining. The fully finished lower level is a true extension of the home, featuring a second full kitchen, custom bar, media room, full bath, expansive recreation areas, and a dedicated exercise room that can easily function as a seventh bedroom. Every space has been thoughtfully designed to deliver a perfect balance of luxury and livability. Whether enjoying a quiet evening at home or hosting unforgettable gatherings, this residence offers an elevated lifestyle with exceptional attention to detail. Nestled within the highly sought-after Hamilton Proper community, residents enjoy a championship golf course, private country club amenities, and convenient access to premier dining, upscale shopping, award-winning Hamilton Southeastern Schools, and everything that makes Fishers one of Central Indiana's most desirable places to call home. This is more than a home-it's a statement of timeless luxury, exceptional craftsmanship, and refined living.

12472 Sanderling Trace, Fishers

Courtesy of Noelle Hans-Daniels with The Agency Indy

$1,595,000
5 Beds 4 Baths 1881808 MLS
OPEN Sat/Sun 1200 - 130pm. Welcome to the ultimate family retreat in sought-after Parkside Estates, a Homearama community loaded w/upgrades, tech and spaces for everyone. The recent kitchen reno (see HouseTrends 2025) features a large island, custom coffee station, and beverage bar that opens seamlessly to the inviting family room. Entertain year-round on the vaulted covered patio with tongue/groove ceiling, heaters, motorized screens for protection from wind/rain. Convenient first-floor living includes the primary suite, study, and laundry room. Upstairs offers 3 bedrooms, 2 full baths, and a large rec room that could serve as a 5th bedroom. The fenced backyard is a private oasis w/mature landscaping, and room for kids and pets to play (35+ trees). Game day belongs in the fin lower level featuring a custom 8-seat wet bar w/frige, dishwasher, and ice machine, plus a workout room and potential 6th bed or 2nd study. A dream garage with coated floors, built ins, overhead storage lifts!

574 Forestedge Drive, Anderson Twp

Courtesy of Jon Decurtins with ERA REAL Solutions Realty, LLC

$1,589,000
5 Beds 6 Baths 1864311 MLS
Contemporary two-story home by J&K Custom Homes in the desirable Chimney Ridge neighborhood. Actively under construction with completion planned for Fall 2026! Offering 5 bedrooms, 5.5 baths, and 4,800+ finished sf, this home truly has it all. The welcoming entry features a home office to the right and, to the left, a hallway leading to the powder bath and a convenient 1st floor bedroom. The great room showcases a beamed ceiling, fireplace, and floating shelves, flowing seamlessly into the gourmet kitchen with top-of-the-line appliances, quartz countertops and backsplash, plus a wet bar. Enjoy hardwood floors throughout the main level, 9-foot ceilings, and a walk-in butler's pantry. The primary suite boasts a large walk-in closet and spa-like bath. The upstairs bedrooms have their own ensuite baths and walk in closets. The finished basement offers a rec room and fifth bedroom w/ full bath. A spacious three-car attached garage connects to a back hall with cubbies and coat closets.

Heath Court, Hamilton Twp

Courtesy of Michael Hines with Coldwell Banker Realty

$1,585,000
5 Beds 5 Baths 1887851 MLS
Experience luxury living in highly desired Heritage Club with this exceptional custom ranch offering 6931 SF*Dramatic open floor plan welcomes you to soaring & stunning architectural 12 foot ceiling details & spectacular wall of windows for lots of natural light*Every detail was carefully crafted to provide exceptional space for both entertaining & relaxed living*The impressive grand foyer features a double-sided fireplace*Main level offers three spacious bedrooms, private study, gourmet kitchen & living room with walkout access to a spectacular covered deck spanning the full width of the home with gas fireplace, grilling area & tranquil wooded views*A expansive above-grade walkout lower level offers the feel of main-level living & features 10 foot ceilings, stunning curved stone wet bar, media, recreation, dedicated exercise room, two additional bedrooms & one in a half baths*Walkout to a secluded covered patio, creating a private outdoor retreat surrounded by peaceful wooded views.

4793 Braid Lane, Mason

Courtesy of Sandra Peters with Comey & Shepherd

$1,575,000
3 Beds 3 Baths 22111182 MLS
Tucked into a wide, deep cove on Sweetwater Lake, this half-acre estate delivers over 125 feet of lake frontage on the cleanest water in Indiana, all within a private, highly sought-after lake community. Sold turn key and fully furnished, this home is ready for its new owners to start making memories from day one. The property has been thoughtfully maintained with new drainage along the side of the home, a new retaining wall, composite decking, and updated lighting. A covered boat slip and large dock give you plenty of room to entertain on the water, while the lakeside party barn rounds out the outdoor living space with an 80" TV, refrigerator, ceiling fan, and a smokeless fire pit with seating, a great escape from the sun or rain. Inside, floor to ceiling windows fill the living room with natural light and sweeping lake views, and the kitchen opens directly into the dining and living areas for effortless entertaining. Step out from the kitchen onto the deck, perfect for morning coffee or dinner with a view. The owners suite sits on the main level and includes a private screened-in porch facing the water. The walk-out basement functions as a true second living space, with its own full kitchen, living room, laundry, two bedrooms, and a flexible storage room suited for bunks or a home office. The attached garage comfortably fits a boat trailer alongside vehicles, with extra parking to spare. From the cove views to the entertaining spaces inside and out, 7215 Lion Dr is the lake property you've been waiting for.

7215 Lion Drive, Nineveh

Courtesy of Jamie Johann with Keller Williams Indy Metro Partners

$1,555,000
22067612 MLS
Rare opportunity to acquire a landmark multifamily asset in the heart of Herron-Morton. This stately all-brick six-unit building offers over 13,500 square feet of historic character, scale, and long-term investment potential in one of Indianapolis' most sought-after neighborhoods. Each residence features an expansive 3-bedroom floorplan of approximately 2,000 square feet - a rare offering in today's rental market that appeals to residents seeking the feel of a private home within an urban lifestyle setting. The property is fully occupied with rents currently below prevailing market levels, creating meaningful future income upside through natural turnover and strategic rental repositioning. Recent improvements have enhanced operational stability while preserving the timeless architectural character that makes properties of this scale increasingly difficult to replicate. Located just minutes from downtown, major hospitals, dining, and the thriving 16th Street corridor, the property benefits from strong long-term demand drivers and exceptional neighborhood appeal. The lower level offers substantial additional space for storage, amenity, workspace, or other potential future uses subject to buyer verification and approvals. This is a rare chance to acquire a true legacy asset in one of Indianapolis' premier historic neighborhoods.

2101 N Pennsylvania Street, Indianapolis

Courtesy of Charlene Gaard with No Limit Real Estate, LLC

$1,550,000
5 Beds 5 Baths 1887736 MLS
This exceptional Hensley custom-built home offers around 5,250 sq ft and impressive curb appeal on one of Montgomery's most sought-after lots. Every aspect of this 5-bedroom, 4.5-bath residence is thoughtfully crafted for today's families. The main floor features an open-plan layout with a gourmet kitchen that includes a large island, quartz countertops, a walk-in pantry, dry bar, dedicated dining area, and updated lighting-all seamlessly connected to the family room, which leads out to a covered porch and new stone paver patio. Near the oversized three-car garage, there's a planning desk, a spacious walk-in closet, cubbies, and a generous laundry room with a convenient laundry chute. Upstairs, you'll find five roomy bedrooms: two pairs share Jack and Jill bathrooms, while the primary suite boasts a spa bath and a huge walk-in closet. The lower level has 9-foot ceilings, a rec room with a wet bar, a possible sixth bedroom or second study, exercise space, and a full bath.

9750 Zig Zag Road, Montgomery

Courtesy of Robert Mahoney with Sibcy Cline, Inc.

$1,550,000
4 Beds 5 Baths 22109487 MLS
Rare opportunity to own a lakefront home on the main body of the lake in the highly sought-after Bayhill neighborhood! Perfectly positioned on the water, and also across from the open green space out front, this exceptional property offers breathtaking lake views from nearly every room and includes a deeded boat dock for the ultimate waterfront lifestyle. From the moment you enter, you'll be captivated by the tall ceilings and wall of windows overlooking the lake. The main level features a spacious primary suite with a large walk-in closet and private bath, a beautiful kitchen with a large center island and walk-in pantry, and a sunroom where you can relax and enjoy the incredible views. Upstairs offers three additional bedrooms, walk-in closets, including a Jack-and-Jill bath and a private ensuite bedroom, plus a large bonus room that is perfect for a bunk room, playroom, media room, or additional living space. Ample storage can be found throughout the upper level. The walkout lower level is designed for entertaining, featuring expansive recreation areas separated by a stunning see-through fireplace, a wet bar, full bath, and an exercise room that could easily serve as a fifth bedroom. Large unfinished areas provide exceptional storage space. Sellers have installed 2 brand new furnaces. Outdoor living is equally impressive with a spacious deck off the kitchen, 2 lower-level patios, and a backyard ideal for family gatherings, entertaining, or even a future pool. Whether enjoying morning coffee, sunset views, or a day on the water, this home offers the perfect setting to create lasting memories. Residents enjoy outstanding community amenities including three pools, tennis courts, a clubhouse, picnic area, and walking trails, including a scenic two-mile trail around the main lake. Lakefront homes in Bayhill are hard to find, making this a truly special opportunity. Don't miss your chance to own one of the neighborhood's most desirable waterfront properties.

12287 Heatherstone Place, Carmel

Courtesy of Tina Smith with CENTURY 21 Scheetz

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.