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5917 Carrollton Avenue

Indianapolis, IN 46220

ActiveListed Aug 3, 2026 · 61 days on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
1,481 sqft
Lot
0.16 acres
Year built
1954
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22117887
County
Marion
Subdivision
No Subdivision
Total building area
2,758 sqft

About this home

Incredible opportunistic investment property in the heart of Broad Ripple. This truly is an unbeatable location close to the Monon Trail and the areas finest amenities. This property is a zoned a single family residence (originally 3 bedrooms) with unfinished basement that has gone through major modifications to make it a 4-unit rental. Unit A located in the original main house consists of 3 bedrooms and 2 bathrooms. 1 bathroom is a converted closet. There is no closet in one of the bedrooms. There is no dedicated living space, just a kitchen area and some open space. Unit B (main and attic area) is 2 bedroom and 1 bath. There is a small bedroom on the main floor and stairs to an upper attic area that contains a second bedroom. There is also a kitchen area. Unit C (back of house) is a converted porch that contains an efficiency unit. Included is a living space, small kitchen, and bathroom. Unit D (basement) has a kitchen area and a bathroom. There is no egress but the unit has an area for a sleeping quarters. Property also has a large 2-car garage for tenant storage. Please read private remarks for more information.

Description provided by the listing brokerage.

Interior

Interior features
Attic Access
Kitchen
Kitchen Galley
Other rooms and areas
Living Room Formal
Basement
ApartmentUnfinished
Fireplaces
1
Fireplace type
Living Room
Laundry
In Basement
Rooms
8
Main-level bedrooms
3

Exterior

Patio and porch
Covered
Construction
StoneVinyl With Stone
Foundation
Block
Style
Traditional
Parking and garage
Detached

Systems

Heating
Electric
Cooling
Central Air
Water
Public
Utilities
See Remarks

Lot and HOA

Lot features
CurbsSidewalksMature TreesTrees-Small (Under 20 Ft)

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,154 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,041per month, estimated
Principal and interest $1,663Property tax $263Insurance $115
20% · $65,980
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$329,900
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