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5950 S Carroll Road

Indianapolis, IN 46259

ActiveListed Jun 20, 2023 · 1186 days on market

Key facts

Lot
5.5 acres
Type
Land · Residential Lots
MLS #
21927658
County
Marion
Subdivision
No Subdivision

About this home

Seller has recorded covenants and restrictions and the and the survey has been recorded. Some Septic soil test were completed in 2020 by Seller. The Seller intends to complete a 1031 Exchange at the closing and buyers must agree to cooperate with a 1031 exchange. Seller may also request to negotiate a delay of the final closing for up to 120 days to provide time to locate a replacement property. An 8 inch perimeter drain is already installed to the west and this land has access to the 8 inch perimeter drain. Land will be leased to a Tenant Farmer for 2026.Possession is subject to the tenant farmer crop rights

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Septic Needed

Lot and HOA

Lot features
AccessNot In SubdivisionRural - Not Subdivision
Zoning
DA

Schools

Middle school
Franklin Central Junior High
School district
Franklin Township Com Sch Corp

Taxes

Estimated annual tax
$206 / yearTwice the semi-annual installment the listing reports.
Tax year
2021

Estimate your monthly payment

$1,364per month, estimated
Principal and interest $1,260Property tax $17Insurance $87
20% · $49,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$249,900
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