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Back 4720 Caroline Avenue
Off Market

4720 Caroline Avenue

Indianapolis IN 46205

3
1
1
1740 sq. ft.
5184 sq. ft.
Single-Family
Last sold for $136,000
Matthew JonesMatthew Jones, last sold this property on 27 January 2026 after 13 days on market.

Overview

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!

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1740 sq. ft. floor area
5184 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 4720 Caroline Avenue is $315k.

Median value
$315k
Estimated value range
$75k - $1.1m
Median days on market
18
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4720 Caroline Avenue

2026
Sold
$136,000
27 Jan 2026 by Matthew Jones, of The Modglin Group

Happy sellers in Indianapolis

90%
90% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 181 three-bedroom single-family properties similar to 4720 Caroline Avenue, have been sold.

This represents a 7% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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Summer Hudson

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Sellers who recommend Frank W. Tinsley have praised them for being local expert, responsive, clear communication, detail-oriented, friendly, patient, and supportive

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Bif Ward

Bif Ward is an award winning recommended agent for Indianapolis.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (17 reviews)
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