Charming 2-bedroom, 1-bath bungalow located near SoBro! This adorable home features refinished hardwood floors, fresh interior paint, a kitchen complete with stainless steel appliances, partially finished basement with a washer and dryer. The large fenced in backyard features a nice storage shed. Enjoy peace of mind with a new roof and a 6-month-old water heater. Perfect blend of character and updates in a great location close to SoBro's restaurants, shops, and entertainment. This will make for a great first home or investment! SHOWINGS WILL BEGIN FRIDAY, OCTOBER 24TH AFTER OPEN HOUSE
Sold
$230,000
5038 Caroline Ave, Indianapolis, IN 46205
2beds
1,628sqft
Residential, Single Family Residence
Built in 1943
5,662 Square Feet Lot
$233,000 Zestimate®
$141/sqft
$1,634 Estimated rent
Home value
$233,000
$217,000 - $249,000
$1,634/mo
Zestimate® history
Owner options
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$1,634/mo
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$1,634/mo
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$1,520/mo
Est. payment
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$1,520/mo
Est. payment
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List your homeWhat's special
Partially finished basementWasher and dryerFresh interior paintLarge fenced in backyardRefinished hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Malinda Ennis 317-983-2220,
Keller Williams Indy Metro NE
Bought with:
John Vandersall
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22069189
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bonus room
- Level: Basement
- Area: 416 Square Feet
- Dimensions: 26X16
Breakfast room
- Features: Tile-Ceramic
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8X7
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer
- Laundry: In Basement
Features
- Attic Access, Hardwood Floors, High Speed Internet
- Flooring: Hardwood
- Basement: Partially Finished
- Attic: Access Only
Interior area
- Total structure area: 1,628
- Total interior livable area: 1,628 sqft
- Finished area below ground: 407
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Covered
Lot
- Size: 5,662 Square Feet
- Features: Mature Trees
Details
- Parcel number: 490707130003000801
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $188,300
- Annual tax amount: $3,768
- Date on market: 10/23/2025
- Cumulative days on market: 22 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $230,000$141/sqft |
Source:  MIBOR as distributed by MLS GRID #22069189 Report a problem | ||
| 11/15/2025 | Pending sale | $230,000$141/sqft |
Source: MIBOR as distributed by MLS GRID #22069189 Report a problem | ||
| 10/23/2025 | Listed for sale | $230,000+117%$141/sqft |
Source: MIBOR as distributed by MLS GRID #22069189 Report a problem | ||
| 10/24/2014 | Sold | $106,000-3.5%$65/sqft |
Source: MIBOR as distributed by MLS GRID #21316340 Report a problem | ||
| 10/6/2014 | Listed for sale | $109,900$68/sqft |
Source: F.C. Tucker Company, Inc. #21316340 Report a problem | ||
| 9/26/2014 | Pending sale | $109,900$68/sqft |
Source: F.C. Tucker Company, Inc. #21316340 Report a problem | ||
| 9/20/2014 | Listed for sale | $109,900$68/sqft |
Source: F.C. Tucker Company, Inc. #21316340 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,768 +0% | $188,300 +18.6% |
| 2024 | $3,767 -2.4% | $158,800 |
| 2023 | $3,860 +6.1% | $158,800 -2.9% |
| 2022 | $3,638 +16.9% | $163,500 +3.7% |
| 2021 | $3,112 +3.2% | $157,700 +17.3% |
| 2020 | $3,017 +2% | $134,400 +5.2% |
| 2019 | $2,959 +14.4% | $127,800 +2.9% |
| 2018 | $2,586 +223.8% | $124,200 +3.2% |
| 2017 | $799 -2.4% | $120,300 +27% |
| 2016 | $818 -62.8% | $94,700 -6.8% |
| 2014 | $2,197 -3.1% | $101,600 |
| 2013 | $2,268 | $101,600 +0.5% |
| 2012 | $2,268 | $101,100 +13.6% |
| 2011 | -- | $89,000 -26.6% |
| 2010 | $2,520 -5.3% | $121,200 -2.9% |
| 2009 | $2,660 | $124,800 +59.4% |
| 2007 | -- | $78,300 |
Find assessor info on the county website
Neighborhood: Fairgrounds
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Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-5Distance: 0.1 mi
- NABroad Ripple Middle School - An IB World SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$233,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$233,000
- Indiana
- Marion County
- Indianapolis
- 46205
- Fairgrounds
- 5038 Caroline Ave
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