3041 S Kercheval DriveIndianapolis, IN 46239




Mortgage Calculator
Monthly Payment (Est.)
$1,939RARE opportunity to own a highly adaptable property in desirable Franklin Township offering multiple private living spaces and income potential all on nearly half an acre. Originally built as a ranch-style home and since extensively expanded and improved, now offering approx. 3,325sqft of living space configured to support a variety of use cases. The main residence features 4 bedrooms and 2 full bathrooms (approx. 1,624sqft), highlighted by a renovated kitchen with granite countertops, updated cabinetry, and stainless-steel appliances. Primary suite includes an en-suite bath and spacious walk-in closet. Recent updates include newer flooring, windows, mechanicals, and a one-year-old roof, providing a strong foundation for future customization. Complementing the main home is a substantial secondary living space (approx. 1,701sqft) designed for independent functionality. Including a fully appointed, newer kitchen, a loft, dedicated laundry, and high-quality finishes throughout. With a private entrance and separation from the main residence, it is well-suited for multi-generational living, guest needs, or potential rental income. Other improvements include a detached flex structure with electrical service, heating, and cooling, ideal for creative use or workspace. 3 total parcels offer flexibility and potential for future development (buyer to verify land use). Property is serviced by well water with reverse osmosis systems, multiple HVAC configurations, including newer, more efficient units, and updated infrastructure throughout. Exterior features include a large, fenced yard, ample parking, newer poured concrete walkways, and durable HardiePlank exterior siding. Zoned D-5, offering further potential for expansion or reconfiguration, subject to buyer due diligence. Whether used as a primary residence with extended living quarters or an income-generating asset, this property represents a rare opportunity to acquire a well-improved property with impressive upside!
| yesterday | Listing first seen on site | |
| yesterday | Listing updated with changes from the MLS® |
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2026-03-23 01:44 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.