4720 Caroline Avenue, Indianapolis, IN 46205

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
4720 Caroline Avenue,Indianapolis, IN 46205
$124,900
  • 3 Beds
  • 1 Baths
  • 1,228 sq. ft.
  • Single family
  • Active
Listed by: matthew jones
Office: the modglin group
MLS#:22079899
Source:IN_MIBOR

Price summary

  • Price:$124,900
  • Price per sq. ft.:$71.78

About this home

Fixer-upper opportunity in a highly desirable 46205 location! This 3bedroom, 1bath home offers great upside with an attic bedroom and an unfinished walkout basement, presenting excellent potential for value-add renovation or flip. Detached garage adds rare off-street parking in this area. Situated just minutes from Broad Ripple's shopping, dining, entertainment and nightlife, and with quick access to major routes and the Red Line transit corridor, this property gives you proximity to some of Indianapolis' most popular lifestyle amenities. Strong rental and resale demand in this quadrant makes this an ideal project for investors or owner-occupants looking to build sweat equity. Bring your vision and finishes the bones are here and the location is a key part of the value!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1925
  • Listing ID #:22079899
  • Added:1 day(s) ago
  • Updated:January 13, 2026 at 09:42 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,228 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1925
  • Building area:1,228 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$124,900
  • Price per sq. ft.:$71.78
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.