Fixer-upper opportunity in a highly desirable 46205 location! This 3bedroom, 1bath home offers great upside with an attic bedroom and an unfinished walkout basement, presenting excellent potential for value-add renovation or flip. Detached garage adds rare off-street parking in this area. Situated just minutes from Broad Ripple's shopping, dining, entertainment and nightlife, and with quick access to major routes and the Red Line transit corridor, this property gives you proximity to some of Indianapolis' most popular lifestyle amenities. Strong rental and resale demand in this quadrant makes this an ideal project for investors or owner-occupants looking to build sweat equity. Bring your vision and finishes the bones are here and the location is a key part of the value!
Sold
$136,000
4720 Caroline St, Indianapolis, IN 46205
3beds
1,740sqft
Residential, Single Family Residence
Built in 1925
5,227.2 Square Feet Lot
$-- Zestimate®
$78/sqft
$1,742 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,742/mo
Zestimate® history
Owner options
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$1,742/mo
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$1,742/mo
Rent Zestimate®
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$899/mo
Est. payment
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$899/mo
Est. payment
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List your homeWhat's special
Attic bedroomDetached garageUnfinished walkout basementRare off-street parking
Zillow last checked:
Listing updated:
Listing Provided by:
Matthew Jones 317-362-1108,
The Modglin Group
Bought with:
Tina Floyd-Snodgrass
Homeward Bound Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22079899
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Upper
- Area: 320 Square Feet
- Dimensions: 16x20
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Heating
- Forced Air
Cooling
- None
Appliances
- Included: None
Features
- Attic Stairway
- Has basement: Yes
- Attic: Permanent Stairs
Interior area
- Total structure area: 1,740
- Total interior livable area: 1,740 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One Leveland + Loft
- Stories: 1
Lot
- Size: 5,227 sqft
Details
- Parcel number: 490707139832000801
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding, Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Bellaire
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Sold | $136,000+8.9%$78/sqft |
Source:  MIBOR as distributed by MLS GRID #22079899 Report a problem | ||
| 1/14/2026 | Pending sale | $124,900$72/sqft |
Source: MIBOR as distributed by MLS GRID #22079899 Report a problem | ||
| 1/13/2026 | Listed for sale | $124,900$72/sqft |
Source: MIBOR as distributed by MLS GRID #22079899 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,213 +4.9% | $141,100 +17.7% |
| 2024 | $1,157 -20.3% | $119,900 |
| 2023 | $1,452 +13.7% | $119,900 -6.3% |
| 2022 | $1,278 -9.3% | $127,900 +12.2% |
| 2021 | $1,408 +5.8% | $114,000 -8.4% |
| 2020 | $1,331 +10% | $124,500 +7% |
| 2019 | $1,211 -15.1% | $116,400 +8.4% |
| 2018 | $1,426 +56.5% | $107,400 +6.1% |
| 2017 | $911 +2.9% | $101,200 +4.2% |
| 2016 | $885 +9.6% | $97,100 +7.9% |
| 2014 | $808 -4.4% | $90,000 +4.5% |
| 2013 | $845 | $86,100 -15.5% |
| 2012 | $845 | $101,900 +17.1% |
| 2011 | -- | $87,000 |
| 2010 | $805 +11.5% | $87,000 |
| 2009 | $722 | $87,000 +8.8% |
| 2007 | -- | $80,000 -10.1% |
| 2006 | -- | $89,000 +57% |
| 2005 | -- | $56,700 |
| 2004 | -- | $56,700 |
| 2003 | -- | $56,700 +180.7% |
| 2002 | -- | $20,200 +199.7% |
| 2001 | -- | $6,740 |
| 2000 | -- | $6,740 |
Find assessor info on the county website
Neighborhood: Fairgrounds
Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-5Distance: 0.3 mi
- NAJoyce Kilmer School 69Grades: 6Distance: 1.6 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 2.3 mi
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- Indiana
- Marion County
- Indianapolis
- 46205
- Fairgrounds
- 4720 Caroline St
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