Skip to content

4927 Caroline Avenue

Indianapolis, IN 46205

ActiveListed Sep 17, 2026 · 17 days on market

Key facts

Beds
2
Baths
1 full
Living area
824 sqft
Lot
0.13 acres
Year built
1910
Type
Residential · Single Family Residence
Stories
One
Garage
1 space
MLS #
22126271
County
Marion
Subdivision
Bellaire
Total building area
1,232 sqft

About this home

Move-in READY in the heart of SoBro, this charming bungalow pairs classic character with extensive updates and a fantastic neighborhood setting. Located on a quiet street just one block from IPS elementary Montessori School #91, the property abuts the school grounds, adding to the open feel of its surroundings. The crisp white exterior with black accents creates timeless curb appeal, while the interior offers an updated, comfortable living space designed for today's lifestyle. The home underwent extensive renovations in 2022, including new HVAC, windows, plumbing, electrical, laminate flooring, exterior doors, and complete kitchen and bathroom remodels with stainless steel appliances. Additional major improvements include a new roof and gutters on both the home and garage, new garage door and opener, replacement of the sewer line from the home to the street (this is an expensive fix to not have to worry about), and a new water softener, all completed in 2022. Gutter guards were added in 2024, followed by a new water heater in 2025. Outside, the deep backyard provides plenty of room to enjoy with a paver patio, established lawn, low-maintenance perennial landscaping, and a 6-foot wood privacy fence. A car-width gate provides convenient private off-street parking in addition to the garage, not to mention the extended driveway. Electronic smart locks and the existing ADT security system remain with the home. With significant mechanical and cosmetic updates already completed, and a quiet SoBro location, this bungalow offers the character of an established home with many of the improvements today's buyers are looking for. Schedule a showing today!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDisposalGas Water HeaterMicrowaveElectric OvenWater Softener OwnedWater HeaterElectric Water HeaterWasherRefrigeratorDryer
Interior features
Attic AccessBreakfast BarWood Work Painted
Kitchen
Kitchen Updated
Basement
PartialUnfinishedDaylight
Laundry
In UnitIn BasementSink
Windows
ScreensVinyl Windows
Security
Smoke Detector(s)
Rooms
5
Main-level bedrooms
2
Condition
Updated/Remodeled

Exterior

Patio and porch
CoveredPatio
Construction
Aluminum Siding
Foundation
Block
Style
Bungalow
Parking and garage
Detached
Fencing
FullPrivacyGate

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
CurbsNot In SubdivisionSidewalksStorm SewerMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,696 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,707per month, estimated
Principal and interest $1,386Property tax $225Insurance $96
20% · $55,000
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$275,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.