Good Living in SoBro! Welcome to 5150 Caroline Avenue. This updated home features 2 bedrooms, 1 bathroom, and Kitchen/Dining Combo. A permanent staircase leads to a remarkably large unfinished attic with tons of storage and potential for future finished space for a master suite , full bathroom, large closets, bonus room/office, guest space, or playroom. The basement adds additional finished space and storage. Enjoy relaxing on the nice deck overlooking the fenced yard, perfect for entertaining, pets, gardening, or simply enjoying outdoor privacy.
Major updates include plumbing, electrical, kitchen, new ceiling fans, new vinyl plank flooring throughout, water heater (2025) new roof (2025), and furnace (2026)
Those looking for some more living space, extra storage, AND a workshop area in the garage, look no further. You've found it! So much flexibility with this home for whatever suits your needs.
For sale by owner
Price cut: $9K (9/14)
$289,900
5150 Caroline St, Indianapolis, IN 46205
2beds
887sqft
SingleFamily
Built in 1951
8,208 Square Feet Lot
$-- Zestimate®
$327/sqft
$-- HOA
What's special
Fenced yardUpdated homeNew ceiling fans
What the owner loves about this home
The home is on a quiet dead end street and offers a generous lot, flexible living spaces, abundant storage, and the opportunity to make it distinctly your own.
- 33 days
- 541
- 13
Listed by:
Property Owner (317) 261-1859
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Other, Gas
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Laminate
- Basement: Partially finished
Interior area
- Total interior livable area: 887 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Brick
Lot
- Size: 8,208 Square Feet
Details
- Parcel number: 490707100017000801
Construction
Type & style
- Home type: SingleFamily
Materials
- brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1951
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $110,000
- Annual tax amount: $1,094
- Date on market: 9/11/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,277/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $289,900-3%$327/sqft |
Source: Owner Report a problem | ||
| 9/11/2026 | Listed for sale | $298,900+149.1%$337/sqft |
Source: Owner Report a problem | ||
| 2/5/2025 | Sold | $120,000+21.2%$135/sqft |
Source:  MIBOR as distributed by MLS GRID #22015590 Report a problem | ||
| 12/24/2024 | Pending sale | $99,000$112/sqft |
Source: MIBOR as distributed by MLS GRID #22015590 Report a problem | ||
| 12/21/2024 | Listed for sale | $99,000+20%$112/sqft |
Source: MIBOR as distributed by MLS GRID #22015590 Report a problem | ||
| 5/7/2013 | Sold | $82,500-22.8%$93/sqft |
Source: MIBOR as distributed by MLS GRID #21149625 Report a problem | ||
| 7/28/2005 | Sold | $106,900$121/sqft |
Source: MIBOR as distributed by MLS GRID #2522858 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | $1,153 | -- |
| 2014 | $1,153 +5.4% | -- |
| 2013 | $1,094 | $110,000 +7% |
| 2012 | $1,094 | $102,800 +23.9% |
| 2011 | -- | $83,000 |
| 2010 | $640 +5.5% | $83,000 -2.2% |
| 2009 | $607 | $84,900 -3.6% |
| 2007 | -- | $88,100 -28.5% |
| 2006 | -- | $123,200 +55.8% |
| 2005 | -- | $79,100 |
| 2004 | -- | $79,100 |
| 2003 | -- | $79,100 +167.2% |
| 2002 | -- | $29,600 +199.9% |
| 2001 | -- | $9,870 |
| 2000 | -- | $9,870 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Fairgrounds
Similar homes
- $--2 bd2 ba888 sqft3310 Wallace Ave, Indianapolis, IN 46218Auction
Auction.com 1 - $180,0002 bd1 ba1.1k sqft4915 Ralston Ave, Indianapolis, IN 46205Active
MLS ID #22124740, Shelby Farrar, Opendoor Brokerage LLC. MIBOR as distributed by MLS GRID - $--2 bd1 ba800 sqft1508 E 72nd St, Indianapolis, IN 46240Auction
Auction.com 1 - $259,9003 bd2 ba1k sqft3726 N Emerson Ave, Indianapolis, IN 46218Active
MLS ID #22096688, Pamela Journey, E & L Son Enterprise, LLC. MIBOR as distributed by MLS GRID
