1 year on rocket

5850 S Carroll Rd, Indianapolis, IN, 46239

$225,000

3.00 Acres
Land

Location

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Property Highlights

Home TypeResidential Lot
MLS #21927651
Lot Size3.00 Acres
StatusActive

About 5850 S Carroll Rd

Seller will be adding some covenants and restrictions in the coming weeks and survey has been ordered. Some Septic soil test have already been completed by Seller. The Seller intends to complete a 1031 Exchange at the closing an buyers must agree to cooperate with a 1031 exchange. Seller may also request to delay the final closing for up to 120 days to provide time to locate a replacement property. An 8 inch perimeter drain is already installed to the west. Seller will be adding at the rear of tracts 4 and 5 a drainage easement and will install another smaller tile to allow both tracts 4 and 5 to connect to the 8 inch drain. Land is leased to tenant farmer and Seller will retain 2024 Crop income.

Property Details

Property Features

Listing Office:

  • Office Name: OK Baird, LLC
  • Office Email: david@okbaird.com
  • Listing Agent: David Baird

Lot Features

Lot Information:

  • Lot Size: 3.00 Acres

Other

Directions Information:

  • Directions: This 3 Acres is adjacent to the south side of Southeastway Park on South Carroll Road. This is about 1 mile South of Thompson Road. On the west side of Carroll Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

5850 S Carroll Rd vs Indianapolis

512 DAYS ON ROCKET

+481 Days

$225,000

-$20.5K Less

KEY TAKEAWAY

This property is $20.5K less than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21927651

Listing Office:

  • Office Name: OK Baird, LLC
  • Office Email: david@okbaird.com
  • Listing Agent: David Baird

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 11/13/2024, 10:46:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-91385
4
/10
  • Oaklandon Elementary School

  • 6702 Oaklandon Rd

  • 1.15 miles

  • Public District Grades 1-6

school-card-donut-91386
4
/10
  • Sunnyside Elementary School

  • 6345 Sunnyside Rd

  • 1.18 miles

  • Public District Grades 1-6

school-card-donut-91387
4
/10
  • Indian Creek Elementary School

  • 10833 E 56th St

  • 1.18 miles

  • Public Magnet Grades 1-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,191. Residents of Indianapolis, IN typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Indianapolis, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Indianapolis, IN.

Indianapolis offers a diverse housing market, with single-family homes being a significant component, reflecting a mix of architectural styles from historic Victorian to contemporary. The housing options also include a variety of apartments and townhouses, accommodating a range of preferences and lifestyles. The city has seen a steady growth in housing developments, particularly in the downtown area, which has added modern living spaces to the urban core.

What is it like to live in Indianapolis, IN?

Indianapolis is celebrated for its vibrant cultural scene and sporting events, including the world-renowned Indianapolis 500. The city prides itself on its community-oriented atmosphere, with numerous parks and green spaces contributing to its inviting character. Seasonal festivals and local farmers' markets are a testament to the city's commitment to community engagement and local produce.

Is it easy to get around Indianapolis, IN without a car?

The city is served by a robust educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is well-supported with several hospitals offering a range of services from emergency care to specialized treatments. Indianapolis also boasts a network of public libraries and a rich assortment of retail and dining options that reflect the diverse culinary tastes of its residents.

Transportation in Indianapolis, IN.

Indianapolis has a comprehensive transport system that includes a city-wide bus service with regular routes connecting various neighborhoods. The city is also known for its bike-friendly initiatives, with numerous bike lanes and trails. Major highways such as I-65 and I-70 provide efficient routes for drivers to navigate in and out of the city. While specific ride-sharing statistics are not mentioned, such services are commonly used throughout the city.

Frequently Asked Questions About 5850 S Carroll Rd

What is the listing price of this property?

The listing price of 5850 S Carroll Rd property is $225,000.

What type of property is this?

The property 5850 S Carroll Rd is land located in Indianapolis, Indiana, 46239.

Is this property for sale now?

Active Listing: 5850 S Carroll Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5850 S Carroll Rd is 3.00 acres.
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Rocket HomesIndianaMarion CountyIndianapolis462395850 S Carroll Rd

This home is located at 5850 S Carroll Rd in Indianapolis, IN and zip code 46239. This home sits on a 3.00 acre lot. It has been listed on Rocket Homes since June 20, 2023 and is currently priced at $225,000.

While more than 170 listings in Indianapolis, IN in October 2024 were sold above asking price, there were more than 256 listings sold at asking price, and more than 519 were sold below. Between September 2024 and October 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 3.7%. The median list price of listings available in October 2024 was $245,515, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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