1301 Averitt Road, Greenwood, IN 46143

Greenwood
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1301 Averitt Road,Greenwood, IN 46143
$799,000
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 4,112 sq. ft.
  • Single family
  • Active
Listed by: colton cassel
Office: trueblood real estate
MLS#:22122443
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$799,000
  • Price per sq. ft.:$194.31

About this home

Rare opportunity to own one of the last large residential investment properties in Greenwood! This approximately 5-acre, flat and usable property offers tremendous potential for builders, developers, and investors. Conveniently located approximately 20 minutes south of Downtown Indianapolis and just minutes from I-65, major shopping, parks, and highly rated Greenwood schools. The property is directly across from Greenwood Middle School and approximately half a mile from Greenwood High School and Freedom Park. Major utilities, including gas, electric, water, and sewer, are located along Averitt Road. Previous development plans outlined 13-20 duplexes, offering the potential for 26-40 total units subject to zoning and governmental approvals. The property also offers flexibility for custom home development, with potential lot sizes ranging from approximately 1/4-acre lots to larger estate-sized parcels. Currently on the property is an approximately 4,300-square-foot, 11/2-story home...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1930
  • Subdivision & Development:No Subdivision
  • Listing ID #:22122443
  • Added:58 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Dining Description:Dining Combo/Family Room
  • Kitchen Description:Dishwasher
  • Living area:4,112 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Year built:1930
  • Building area:4,112 sq. ft.
  • Lot area:5 Acres
  • Construction Materials:Wood Siding
  • Foundation Description:Crawl Space

Schools

  • High school:Greenwood Community High Sch
  • Middle school:Greenwood Middle School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$194.31

Parking

  • Garage:Yes
  • Garage spaces:3
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 1301 Averitt Road