Active

$249,900

5950 S Carroll Rd, Indianapolis, IN 46235

--beds

--baths

5.5Acres

Unimproved Land, Residential Lots

Built in ----

5.5 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Seller has recorded covenants and restrictions and the and the survey has been recorded. Some Septic soil test were completed in 2020 by Seller. The Seller intends to complete a 1031 Exchange at the closing and buyers must agree to cooperate with a 1031 exchange. Seller may also request to negotiate a delay of 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 and this land has access to the 8 inch perimeter drain. Land will be leased to a Tenant Farmer for 2026.Possession is subject to the tenant farmer crop rights

1001 days

305

18

Facts & features

Property

Features

Fencing: Fenced

Lot

Size: 5.5 Acres
Features: Access, Not In Subdivision, Rural - Not Subdivision, Suburban
Topography: Cleared,Level

Details

Additional parcels included: 491603108002000300
Parcel number: 491603108001000300
Zoning: DA
Zoning description: Agricultur,Single Family
Horse amenities: None

Utilities & green energy

Sewer: Septic Needed
Water: Well Required

Community & HOA

Community

Subdivision: No Subdivision

Location

Region: Indianapolis

Financial & listing details

Annual tax amount: $206
Date on market: 6/20/2023
Cumulative days on market: 977 days
Listing terms: See Remarks
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
12/5/2025	Price change	$249,900+31.9%
Source: MIBOR as distributed by MLS GRID #21927658 Report a problem
11/11/2025	Pending sale	$189,500
Source: MIBOR as distributed by MLS GRID #21927658 Report a problem
1/28/2025	Price change	$189,500-0.3%
Source: MIBOR as distributed by MLS GRID #21927658 Report a problem
8/6/2024	Price change	$190,000-30.9%
Source: MIBOR as distributed by MLS GRID #21927658 Report a problem
6/20/2023	Listed for sale	$275,000
Source: MIBOR as distributed by MLS GRID #21927658 Report a problem

Public tax history

Tax history is unavailable.

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: South Franklin

Getting around

0 / 100

Car-Dependent

0 / 100

No Nearby Transit

25 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Acton Elementary School
Grades: K-3Distance: 1.5 mi
7/10
Franklin Central Junior High
Grades: 7-8Distance: 1.7 mi
9/10
Franklin Central High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Middle: Franklin Central Junior High

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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