You will love this hard-to-find, updated 3 bedroom, 3 bath condo in Franklin Township. Nearly 2,000 sq. ft. of living space including open concept main level. 2 master suites with walk-in closets and full baths. Waterproof vinyl wood flooring on entire main level. Many updates throughout, including lighting, ceiling fans, garage door, HVAC system, water heater, plantation shutters on all windows! bathroom upgrades, paint, automatic awning on patio, reverse osmosis water system, reclaimed barn wood throughout! This condominium is move in ready! 20 minutes from downtown Indianapolis and 15 minutes from Greenwood. Convenient to- I-465.
For sale by owner
$260,000
5409 Allero Dr, Indianapolis, IN 46237
3beds
1,963sqft
:
Get pre-qualified$2,051/mo
SingleFamily
Built in 2003
1,742 Square Feet Lot
$-- Zestimate®
$132/sqft
$300/mo HOA
What's special
Garage doorOpen concept main levelReclaimed barn wood throughoutCeiling fansBathroom upgradesAutomatic awning on patio
What the owner loves about this home
Maintenance free living! Lawn care, snow removal, all exterior maintenance is covered by the HOA.
- 139 days |
- 1,103 |
- 34 |
Listed by:
Property Owner (317) 902-0470
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heat pump, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal
Features
- Flooring: Carpet, Laminate
- Basement: None
Interior area
- Total interior livable area: 1,963 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 1,742 Square Feet
Details
- Parcel number: 491502102040000300
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 2003
Community & HOA
Community
- Features: Fitness Center
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $233,200
- Annual tax amount: $2,189
- Date on market: 3/8/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,861/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2026 | Listed for sale | $260,000+100.2%$132/sqft |
Source: Owner Report a problem | ||
| 7/26/2017 | Sold | $129,900$66/sqft |
Source:  MIBOR as distributed by MLS GRID #21481221 Report a problem | ||
| 6/5/2017 | Pending sale | $129,900$66/sqft |
Source: Berkshire Hathaway Home #21481221 Report a problem | ||
| 5/17/2017 | Listed for sale | $129,900$66/sqft |
Source: Berkshire Hathaway Home #21481221 Report a problem | ||
| 5/15/2017 | Pending sale | $129,900$66/sqft |
Source: Berkshire Hathaway Home #21481221 Report a problem | ||
| 5/12/2017 | Price change | $129,900-2.3%$66/sqft |
Source: Berkshire Hathaway Home #21481221 Report a problem | ||
| 4/28/2017 | Listed for sale | $132,900+4.7%$68/sqft |
Source: Berkshire Hathaway Home #21481221 Report a problem | ||
| 8/8/2016 | Listing removed | $126,900$65/sqft |
Source: Berkshire Hathaway Home #21431809 Report a problem | ||
| 7/22/2016 | Listed for sale | $126,900+7.5%$65/sqft |
Source: Berkshire Hathaway Home #21431809 Report a problem | ||
| 7/22/2009 | Sold | $118,000-3.2%$60/sqft |
Source: MIBOR as distributed by MLS GRID #2914495 Report a problem | ||
| 3/28/2009 | Listed for sale | $121,900+2.4%$62/sqft |
Source: Carpenter Realtors #2914495 Report a problem | ||
| 11/28/2005 | Sold | $119,000$61/sqft |
Source: MIBOR as distributed by MLS GRID #2546129 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,189 +23% | $233,200 +6.5% |
| 2024 | $1,779 -2.1% | $218,900 +23% |
| 2023 | $1,818 +10.7% | $177,900 -2.1% |
| 2022 | $1,642 +7.1% | $181,800 +10.7% |
| 2021 | $1,533 +5.8% | $164,200 +7.1% |
| 2020 | $1,449 +6.1% | $153,300 +5.8% |
| 2019 | $1,366 +20.1% | $144,900 +6.1% |
| 2018 | $1,137 -3.1% | $136,600 +2.3% |
| 2017 | $1,173 +10.4% | $133,500 +5% |
| 2016 | $1,062 +2% | $127,100 +16.8% |
| 2014 | $1,041 -2.3% | $108,800 +6.6% |
| 2013 | $1,066 | $102,100 -9.2% |
| 2012 | $1,066 | $112,500 +2.7% |
| 2011 | -- | $109,500 -3.4% |
| 2010 | $1,025 -9.6% | $113,300 |
| 2009 | $1,133 | $113,300 -4.1% |
| 2007 | -- | $118,100 -0.1% |
| 2006 | -- | $118,200 +7.6% |
| 2005 | -- | $109,900 |
| 2004 | -- | $109,900 |
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: South Emerson
Nearby schools
GreatSchools rating
- 7/10Jeremiah Gray-Edison Elementary SchoolGrades: 1-5Distance: 0.9 mi
- 6/10Southport Middle SchoolGrades: 7-8Distance: 1.7 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- District: Franklin Township
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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