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5405 Allero Drive

Indianapolis, IN 46237

ActiveListed Aug 19, 2026 · 63 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,310 sqft
Lot
0.04 acres
Year built
2003
Type
Residential · Condominium
Stories
One
Garage
2 spaces
MLS #
22120746
County
Marion
Subdivision
Carriage Courts

About this home

Enjoy low-maintenance living in this 2-bedroom, 2-bath condo located in the Carriage Courts neighborhood. The HOA maintains the exterior of the property, excluding landscaping, allowing more time to enjoy the community amenities. Inside, seamless LVP flooring flows throughout, complemented by stainless steel appliances and functional living spaces. The home also features a 2-car garage, private fenced patio, and an owned water softener. Several major updates include a furnace installed in 2023 and air conditioning replaced in 2022. Community amenities include a pool, fitness center, clubhouse, and sidewalks throughout the neighborhood. With exterior maintenance provided through the HOA, updated mechanicals, and access to a variety of community amenities, this condo offers a convenient and low-maintenance ownership opportunity. For added peace of mind, seller is offering a 1 year home warranty through HSA.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalMicroHoodElectric OvenRefrigeratorWasherGas Water Heater
Interior features
Attic AccessVaulted Ceiling(s)Walk-In Closet(s)Wood Work PaintedBreakfast BarEntrance Foyer
Kitchen
Kitchen Updated
Laundry
Main Level
Windows
Screens
Rooms
6
Main-level bedrooms
2

Exterior

Patio and porch
Patio
Construction
Brick
Foundation
Slab
Style
Traditional
Parking and garage
Attached
Other equipment
Security SystemSmoke Alarm

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableNatural Gas Connected

Lot and HOA

HOA fee
$300 / monthly
Community
ClubhouseFitness CenterPool
HOA fee includes
ClubhouseExercise RoomLawncareMaintenance GroundsMaintenance StructureManagementSnow Removal
HOA amenities
Pool

Schools

School district
Franklin Township Com Sch Corp

Taxes

Estimated annual tax
$1,866 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,507per month, estimated
Principal and interest $983Property tax $156Insurance $68HOA $300
20% · $39,000
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$195,000
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