8240 Five Points Rd, Indianapolis, IN 46259
Property image
Property image
OFF MARKET

$642,800

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 2,765 sqft (on 6.50 acres)

8240 Five Points Rd, Indianapolis, IN 46259

South Franklin
Est. Refi. Payment $3,887/mo*
Refinance Your Home
Currently Off Market - Sold Oct 4, 2019 for $410,000

Home Value

Trulia Estimate
$643K
Since last month
Decreased$2K (-0.3%)
Since last year
Increased$27K (+4.4%)
Since last sale
Increased$234K (+57.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +135% in the last 10 years
MonthEstimated value
2026
August 2026$644K
July 2026$646K
June 2026$648K
May 2026$642K
April 2026$632K
March 2026$625K
February 2026$621K
January 2026$616K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6830 Shoals Way, Indianapolis, IN
0.05
Single-Family Home
$350,000
10/10/25
4
2.5
2,492
6848 Harriet Dr, Indianapolis, IN
0.13
Single-Family Home
$370,000
09/05/25
4
2.5
2,890
6719 Heritage Hill Dr, Indianapolis, IN
0.19
Single-Family Home
$360,000
10/15/25
4
2.5
2,736
6903 Harriet Dr, Indianapolis, IN
0.15
Single-Family Home
$329,900
06/05/26
4
2.5
2,428
8144 Bel Moore Blvd, Indianapolis, IN
0.27
Single-Family Home
$431,500
06/25/26
4
2.5
3,200
7304 E Stop 11 Rd, Indianapolis, IN
0.54
Single-Family Home
$580,000
02/11/26
4
3
2,549
8251 Garden Ridge Rd, Indianapolis, IN
0.14
Single-Family Home
$315,000
12/12/25
3
2.5
3,005
8414 Kirklin Ct, Indianapolis, IN
0.25
Single-Family Home
$355,000
11/07/25
4
2.5
3,691
8418 Flick Way, Indianapolis, IN
0.21
Single-Family Home
$369,900
02/13/26
5
3
3,376
8434 Smithfield Ln, Indianapolis, IN
0.31
Single-Family Home
$312,000
12/03/25
4
2.5
2,563

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
6830 Shoals Way, Indianapolis, IN 46237
0.05
$351,100
4
2.5
2,492
Off Market
6928 Shoals Way, Indianapolis, IN 46237
0.08
$277,000
2
2
1,700
Off Market
8251 Garden Ridge Rd, Indianapolis, IN 46237
0.14
$315,000
3
2.5
3,005
Recently Sold
6848 Harriet Dr, Indianapolis, IN 46237
0.13
$371,600
4
2.5
2,890
Off Market
6726 Shoals Way, Indianapolis, IN 46237
0.15
$345,900
4
2.5
2,731
Off Market
6832 Harriet Dr, Indianapolis, IN 46237
0.14
$443,100
4
3.5
4,248
Off Market
6717 Southern Cross Dr, Indianapolis, IN 46237
0.16
$309,800
4
2.5
2,323
Off Market
8315 Garden Ridge Rd, Indianapolis, IN 46237
0.16
$317,700
4
3
2,064
Off Market
8137 S Garden Ridge Rd, Indianapolis, IN 46237
0.16
$325,700
3
2.5
1,914
Off Market
6808 Harriet Dr, Indianapolis, IN 46237
0.16
$349,900
4
2.5
2,878
For Sale
6903 Harriet Dr, Indianapolis, IN 46237
0.15
$329,900
4
2.5
2,428
Recently Sold
6837 E Harriet Dr, Indianapolis, IN 46237
0.16
$342,200
4
2.5
2,428
Off Market

Local Information

  • Map ViewExplore the area around 8240 Five Points Rd.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1995
Lot Size
6.5 acres
Living Area
2,765 sqft
Price/Sqft
$232
Parking
Garage

About this House

Opportunity Alert! Unique 6.5 Acres Parcel Presents A 4 Bedroom, 3.5 Bath Two Story Home In Franklin Township. Home Sits Comfortably Off Five Points Rd, & Is Nicely Updated Inside & Out. Lower Level Master Bedroom & Laundry, Luxury Vinyl Plank Flooring On Main Level, Gas Fp, Kitchen Features Granite Countertops & Stainless Steel Appliances (2019). Triple Pane Windows (2013), Roof (2014), Water Heater (2019), Remodeled Master Bath (2014) That Includes Dual Sinks & Tile Flooring & Shower. 38x48x15 Pole Barn Built In 2006, Stows Rv W/ 50 Amp Plug-In, Double Door For Mower Access, Also W/ Water Rough-In In Slab For Future Dumping/Filling System. Property Has Equestrian & Countless Recreational Potential. No Hoa. Here's The Space You've Wanted!
8240 Five Points Rd, Indianapolis, IN 46259 is a 4 bedroom, 4 bathroom, 2,765 sqft single-family home in South Franklin, built in 1995. It last sold for $410,000 on Oct 4, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $642,800, with a rent estimate of $3,011/month.

Home Details for 8240 Five Points Rd

Exterior Features

Exterior Home Features
Roof: AsphaltDeckFoundation Type: Crawl Raised
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1995Year Updated: 1995
Property Type / Style
Property Type: Single Family Home

Interior Features

Interior Details
AtticNumber of Rooms: 12Types of Rooms: Family Room
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Community

Units in Building: 1

Lot Information

Lot Area: 6.50 acres

Price and Tax history

DateEventPrice
Oct 4, 2019
Source: MIBOR as distributed by MLS GRID #21667274
Sold
$410,000
Sep 14, 2019
Source: Agent Provided
Pending
$385,000
Sep 10, 2019
Source: Agent Provided
Listed For Sale
$385,000
Sep 19, 2005
Source: MIBOR as distributed by MLS GRID #2530709
Sold
$250,000

Market trends in South Franklin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$291K
$12.17KMoM
Sale-to-List Price
98.7%
0.1%MoM
Price per sq ft
$163
$3MoM
Available listings
81
9MoM

Around this home

Neighborhood Overview

South Franklin
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Franklin

At least 73 Trulia users voted on each feature.

  • 90 % Say parking is easy

  • 89 % Say it's dog friendly

  • 86 % Say car is needed

  • 82 % Say there are sidewalks

  • 78 % Say yards are well-kept

  • 77 % Say there's holiday spirit

  • 72 % Say it's quiet

  • 72 % Say kids play outside

  • 71 % Say people would walk alone at night

  • 60 % Say neighbors are friendly

  • 59 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 44 % Say there's wildlife

  • 36 % Say it's walkable to grocery stores

  • 36 % Say there are community events

  • 29 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Grege312
    "We have an annual yard sale advertised by the HOA. There are Halloween parties in garages. Kids can camp out in the community park. There are three parks with ponds for fishing. "
    0
    Flag
  • Slonemail
    "Good neighbor hood and we feel safe taxes are for the most part fair. School and library taxes are too much for the results that are give. "
    0
    Flag
  • Senetriafreeman
    "In my community we have Fall Festival, Valentine Parties for the kids, Summer events, Basketball Tournaments, and swimming parties as well."
    2
    Flag
  • Grege312
    "I have lived here 25 years. It is God’s country. It has low crimes decent schools and good sports. "
    9
    Flag
  • Courtney S.
    "The people are friendly and their are kids everywhere playing, I want my kids to experience the neighborhood life since I lived in a busy street my whole life"
    6
    Flag
  • Kmartin860
    "Have lived in Franklin township in Belmont for almost 21 years and raised three kids. The schools are high rated and from my experience with three kids all going through elementary to high school I believe the rating is spot on"
    0
    Flag
  • Jennifer S.
    "Don't trust anyone just because they seem like a nice person. My last neighbor has Parkinson's and her so called care taker robbed her of nearly everything. I only found out when the poor old lady was just sitting outside in the rain. The complex never did anything and I never did find out if she got her dogs or money back. "
    2
    Flag
  • Garth Smitman
    "I've lived here for about 5 years. Love it. Misty Woods is open, with friendly neighbors and courteous pet owners. It is very quiet and secluded for how close it is to shops and the interstate. Takes about 10 minutes to reach downtown, about 25 to reach the Airport. An "affluent" neighborhood."
    8
    Flag
  • Lizapasch
    "Spring & fall neighborhood sales. Community pool. Large stocked & maintained fishing lake. Play ground. "
    0
    Flag
  • Martin L.
    "Dogs are all over the place. They’re very polite owners and pick up after themselves. They may not like the proximity of houses. "
    0
    Flag
  • Derricklykns
    "The neighbors are great. It's a quiet neighborhood. Fishing ponds are a lot of fun. there is a cute little grocery store just outside the neighborhood. It's very close to Franklin Central School."
    3
    Flag
  • Jimmy M.
    "It’s Indianapolis but with a more suburb feel and is very close to shopping and many dining options. "
    0
    Flag
  • Meredith L.
    "Friendly neighbors who are there when you need, but privacy is valued as well. Quiet, well maintained and safe neighborhood with amazing schools in Franklin Township."
    0
    Flag
  • Melissa M.
    "I have lived in this area for 12 years and love it just as much now as when I first moved to Indiana. "
    0
    Flag
  • Jtijunin
    "Convenient to interstate, shopping, restaurants but still suburban landscape. Great school system!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 8240 Five Points Rd

  • What is 8240 Five Points Rd estimated to be worth?
    Trulia's estimated value for 8240 Five Points Rd in Indianapolis, IN is $642,800.
  • What is the price history for 8240 Five Points Rd?
    8240 Five Points Rd in Indianapolis, IN last sold for $410,000 in October 2019.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $291K. That is up $12.17K from the prior month.
  • Does 8240 Five Points Rd have air conditioning?
    Yes, 8240 Five Points Rd in Indianapolis, IN has air conditioning.
  • How big is the lot at 8240 Five Points Rd?
    The lot at 8240 Five Points Rd in Indianapolis, IN is about 6.5 acres.

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Off Market Homes Near 8240 Five Points Rd

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