For SaleNeutral Deal1 days on market

5607 Carrollton Ave

5607 Carrollton Ave, Indianapolis, IN 46220, Indianapolis, IN 46220
$325,000

Listing Price

Property image 1
5607 Carrollton Ave, Indianapolis, IN 46220
Loc: Indianapolis, IN
Days Listed
1
Tax Assessed
$143k
Lot Size
5,227 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Center for Inquiry School 84

K-5
0.4 mi away
3

Broad Ripple Middle School - An IB World School

6-8
1 mi away
5

Shortridge High School

9-12
2.6 mi away
Haven Underwritten Market·Stronger DSCR (0.81x)

Indianapolis, IN Investment Analysis (2026)

Cap Rate: 5.03% · Median Rent: $1,850/mo · Effective Tax: 0.81%

Open Indianapolis Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

craftsmanbungalowscreened porchcozywood sidingred exteriorcharmingresidentiallandscaped gardenflagpathwaypaved patiosmall cottage

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.67%
Total ROI
103.8%
Cash Flow
$119/mo
DSCR
1.07
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $119/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.7%)
  • Strong rental demand in Indianapolis
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-24Listed for sale$325,000$231
2020-06-03Sold$189,000$135
2020-04-20Pending sale$185,000$132
2020-04-15Price change$185,000$132
2020-03-30Listed for sale$195,000$139
2020-03-11Pending sale$195,000$139
2020-03-10Price change$195,000$139
2020-03-05Listing removed$1,300$1
2020-03-05Listed for sale$185,000$132
2020-02-13Listed for rent$1,300$1
2017-06-01Listing removed$1,180$1
2017-05-02Listed for rent$1,180$1

Tax History

YearProperty TaxTax Assessment
2025$1,228.56$142,500
2024$1,171.4$120,800
2023$1,304.94$120,800
2022$841.84$124,100
2021$923.24$94,800
2020$2,238.02$94,800
2019$2,258.42$94,800
2018$2,025.68$94,800
2017$2,003.3$93,900
2016$2,008.68$92,800
2014$1,945.88$90,000
2013$1,754.24$77,100
2012$1,754.24$78,200
2011$0$63,800
2010$1,326.32$63,800
2009$1,387.42$65,100
2007$0$66,700
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
1,404

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