6795 W 21st Street
Indianapolis, IN 46214
- – beds
- – baths
- – sqft
- ~4 acre lot
- 1967 build
Rare multi-use property on 4.3 acres with several income producing structures already in place*. Property is ideal for Home Business, Multi-Generational Living or Investment. WELCOME to your dream compound near "Speedway" yet with all the peace and freedom of country living. Property includes main home with in-law quarters, pool, pole barn, and several income-producing opportunities. The main residence is a spacious ranch home with over 3500 sq ft featuring a step-down living room, fireplace and a dedicated in-law quarters with private entrance, kitchen, living space, bedroom and bathroom--ideal for extended family or guests. Currently tenant occupied & tenant is doing some renovations. Car enthusiasts and business owners will appreciate the massive, detached garage with room for up to 8 vehicles. Whether you're a collector, mechanic or entrepreneur there's a studio space or additional structure perfect for you! Property is zoned and laid out to support a variety of uses from residential living to running a business (or several), storing equipment, housing employees or simply enjoying your own private retreat with room to grow. Off of left driveway is 1920s bungalow under current renovation that would make a perfect Airbnb, long-term rental or insurance or law office. A third structure is a 20x36 workshop or again with more finishing could make a cozy rental home. A concrete slab is available for more 'building' that was once a barn and has been removed. Behind the housing structures is a huge pole barn that is currently being rented by a dog rescue and finishing out the 4.3 acres includes a fenced pasture, suitable for livestock, gardening & recreational use. Convenient location with easy access to Speedway shopping and great schools. Whether you are looking for a multi-functional property, a rural escape or a serious setup for work and living, this is a diamond in the rough waiting for your special touches. View this rural escape & see the possibilities!
Last checked:
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Checking…
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Last updated May 25, 2025
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MLS# 22040722 —
The Building
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Year Built:1967
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New Construction:false
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Construction Materials:Cedar, Stone
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Architectural Style:Ranch
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Foundation Details:Concrete Perimeter
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Levels:One
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Basement:true
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Exterior Features:Not Applicable
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Security Features:Smoke Alarm
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Green Certification:No
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Building Information:Storage
Interior
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Laundry Features:Other
Location
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Directions:West 10th Street from I-465 to Girls School Road. Turn right. Follow to 21st Street. Turn right to property on right.
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Latitude:39.793468
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Longitude:-86.279387
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Triplex
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Property Attached:false
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Parcel Number:490535104004000900
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Acres:3-5 Acres
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Lot Features:Not In Subdivision, Mature Trees
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Lot Size Acres:4.3
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Lot Size SqFt:187,395 Sqft
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Price Per Acre:220930
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View:Trees/Woods
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View:true
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Waterfront:false
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Fence:Yes
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Current Use:Residential, See Remarks
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Road Access:Not Applic,See Remarks
Listing Agent
- Contact info:
- Agent phone:
- (317) 997-7404
- Office phone:
- (317) 567-1410
Taxes
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Tax Lot:490810105011117407
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Tax Year:2024
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Semi Annual Property Tax Amt:5639
The Listing
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Inspection Warranties:Not Applicable
Utilities
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Solid Waste:No
Schools
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High School District:MSD Wayne Township
The Community
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Subdivision Name:No Subdivision
Parking
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Parking:2 Car Garage,Parking Garage
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Parking Features:Detached
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Garage Spaces:4
Extra Units
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/24/25
May 24, 2025
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Listed / Active | MIBOR | $950,000 | 311.3% (32.9% / YR) |
|
12/11/15
Dec 11, 2015
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MIBOR | $231,000 |
