3041 S Kercheval Drive, Indianapolis, IN 46239

RARE 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!