4927 Caroline Avenue

Indianapolis, IN
$ 280,000 Beds 2 Baths 1 Sq 1,232
Monthly Estimate* How much can I afford?

Move-in ready in the heart of SoBro, this charming bungalow pairs classic character with extensive updates and a fantastic neighborhood setting. Located on a quiet street just one block from IPS elementary Montessori School #91, the property abuts the school grounds, adding to the open feel of its surroundings. The crisp white exterior with black accents creates timeless curb appeal, while the interior offers an updated, comfortable living space designed for today's lifestyle. The home underwent extensive renovations in 2022, including new HVAC, windows, plumbing, electrical, laminate flooring, exterior doors, and complete kitchen and bathroom remodels with stainless steel appliances. Additional major improvements include a new roof and gutters on both the home and garage, new garage door and opener, replacement of the sewer line from the home to the street (this is an expensive fix to not have to worry about), and a new water softener, all completed in 2022. Gutter guards were added in 2024, followed by a new water heater in 2025. Outside, the deep backyard provides plenty of room to enjoy with a paver patio, established lawn, low-maintenance perennial landscaping, and a 6-foot wood privacy fence. A car-width gate provides convenient private off-street parking in addition to the garage, not to mention the extended driveway. Electronic smart locks and the existing ADT security system remain with the home. With significant mechanical and cosmetic updates already completed, and a quiet SoBro location, this bungalow offers the character of an established home with many of the improvements today's buyers are looking for. Schedule a showing today!

Active

  • Price
  • $ 280,000
  • City
  • Indianapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Washington
  • Lot Size
  • 0.13 Acres
  • Zip
  • 46205
  • Sqr Footage
  • 1,232
  • Year Built
  • 1910
  • Taxes
  • $ 2696
  • Style
  • Bungalow
  • MLS#
  • 22126271
Listed By: Christina Radford with Highgarden Real Estate;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Closing
Appliances Dishwasher,Disposal,Gas Water Heater,Microwave,Electric Oven,Water Softener Owned,Water Heater,Electric Water Heater,Washer,Refrigerator,Dryer
Garage Spaces 1
Patio/Porch Features Covered,Patio
Architectural Style Bungalow
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding
Year Built 1910
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Bellaire
Facing Direction West
Garage Y/N Yes
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 5445
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Property Condition Updated/Remodeled
Standard Status Active
Tax Lot 490707139535000801
Legal Description Bellaire L182

Interior Features

Interior Amenities Attic Access,Breakfast Bar,Wood Work Painted
Basement Partial,Unfinished,Daylight
Basement (Y/N) Yes
Laundry Features In Unit,In Basement,Sink
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Fencing Full,Privacy,Gate
Parking Features Detached
Lot Features Curbs,Not In Subdivision,Sidewalks,Storm Sewer,Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 1232
Lot Size Acres 0.13
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/19/2026 Listed $280,000

Property vs Zip Code Average in 46205

Price
AVG $350K
$280K
Taxes
AVG $3,902
$2,696
Year Built
AVG 1937
1910
Visits
AVG 74
3
Data Provided by Inside Real Estate®

4927 Caroline Avenue Indianapolis, IN is a Single Family Home for sale at $280000 with 1232 sqft and a lot size of 0.13 Acres Acre(s). 4927 Caroline Avenue Indianapolis has 2 bedrooms, 1 baths and was built in 1910. The property's zip code is 46205 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.