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!
Active
$950,000
6795 W 21st St, Indianapolis, IN 46214
6beds
5baths
--sqft
Est.:
Multi Family, Triplex
Built in 1967
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Pole barnPrivate entranceDedicated in-law quartersMassive detached garageFenced pastureLiving spaceStudio space
- 77 days
- on Zillow |
- 807 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 04:08pm
Listing Provided by:
Janet Giles 317-997-7404,
Your Realty Link, LLC,
Elizabeth Cottler
Source: MIBOR as distributed by MLS GRID,MLS#: 22040722

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Main level bathrooms: 6
Cooling
- Central Air
Appliances
- Laundry: Other
Features
- Has basement: Yes
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 4
- Details: Unit Parking(2 Car Garage, Parking Garage)
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 4.3 Acres
- Features: Not In Subdivision, Mature Trees
Details
- Parcel number: 490535104004000900
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Triplex
Materials
- Cedar, Stone
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1967
Community & HOA
Community
- Security: Smoke Alarm
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $464,000
- Annual tax amount: $11,278
- Date on market: 5/25/2025
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