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5126 Carob

Indianapolis, IN 46237

ActiveListed Aug 31, 2026 · 52 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,120 sqft
Lot
0.37 acres
Year built
1985
Type
Residential · Single Family Residence
Stories
One
Garage
1 space
MLS #
22121672
County
Marion
Subdivision
Heathwood

About this home

Opportunity awaits with this 3-bedroom, 2-bath property located on a spacious lot in a quiet cul-de-sac. Conveniently situated approximately 2 miles from St. Francis Hospital and close to shopping, dining, and other amenities. The property presents an opportunity for renovation and improvement, with a large lot, mature trees, established residential setting, and an existing 3-bedroom/2-bath configuration. Buyers looking for a renovation project or value-add opportunity are encouraged to explore the possibilities this property offers.

Description provided by the listing brokerage.

Interior

Interior features
Vaulted Ceiling(s)Walk-In Closet(s)
Rooms
5
Main-level bedrooms
3

Exterior

Patio and porch
Gazebo
Foundation
Crawl Space
Style
Ranch
Parking and garage
Attached

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Schools

School district
Franklin Township Com Sch Corp

Taxes

Estimated annual tax
$2,008 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,272per month, estimated
Principal and interest $1,033Property tax $167Insurance $72
20% · $41,000
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$205,000
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