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4231 Carrollton Ave, Indianapolis, IN, 46205

2beds
2baths
2,076sqft
$277,000
$133price/sqft
$1,980/moest. monthly cost
$79,200/yrincome needed

About This Home

Welcome to this beautifully updated 2-bedroom, 2-bath home in the heart of Indianapolis! Originally built in 1920, this move-in-ready home blends classic charm with modern finishes. The bright, open living spaces feature fresh neutral paint, updated flooring, and abundant natural light throughout. The kitchen boasts shaker-style cabinetry, stone countertops, a stylish tile backsplash, and stainless steel appliances, making it both functional and inviting. Both full bathrooms offer modern finishes, including a walk-in shower for added comfort. Upstairs, you'll find a versatile loft/flex space that's perfect for a home office, playroom, or additional living area. The unfinished basement provides ample storage and room for future possibilities. Step outside to enjoy the covered front porch or relax in the fully fenced backyard, offering plenty of space for pets, entertaining, or gardening. Conveniently located near downtown Indianapolis, parks, dining, shopping, and major highways, this well-maintained home offers the perfect combination of character, updates, and value. Schedule your private showing today!

Getting Around

52
WalkingSomewhat Walkable
42
TransitSome Transit
70
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Concrete Perimeter,Block
  • Construction materials: Wood Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Microwave,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Features

  • Eat-in Kitchen
  • Finished area below ground: 247

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,076
  • Total interior livable area: 2,076 sqft

Kitchen

  • Level: Main
  • Area: 144
  • Dimensions: 9x16

Living Room

  • Level: Main
  • Area: 289
  • Dimensions: 17x17

Loft

  • Level: Upper
  • Area: 270
  • Dimensions: 30x9

Master Bedroom

  • Level: Main
  • Area: 160
  • Dimensions: 10x16

Property

Details

  • Parcel number: 490613149314000801
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered

Lot

  • Lot size: 5,662 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,400$16,800
Home Insurance *$185$2,220
Property Taxes $205$2,460
Electricity $190$2,283
Total$1,980$23,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,885/yr
40% on housing$59,400/yr
45% on housing$52,800/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 46205$135
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46205$135
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Price change$269,000
2026-07-10Listed for sale$277,000
2026-03-31Listing removed$2,100
2026-03-13Listed for rent$2,100
2026-03-12Listing removed$269,900
2026-02-28Price change$269,900
2026-02-16Price change$284,900
2026-02-09Price change$289,000
2026-01-21Price change$299,000
2026-01-05Price change$305,000
2025-12-11Listed for sale$310,000
2025-07-26Listing removed$299,000
2025-05-29Listed for sale$299,000
2024-01-04Listing removed--
2023-12-13Listed for rent$1,800
2023-12-06Listing removed--
2023-11-02Price change$1,900
2023-10-17Listing removed--
2023-10-17Listed for rent$2,000
2023-10-05Price change$279,000
2023-09-22Price change$285,000
2023-09-09Listed for sale$295,000
2016-05-10Sold$166,000
2015-08-06Sold$50,000
2014-11-11Listed for sale$67,500
2009-06-11Sold$27,000

For Sale by Agent

AgentLamar Fain
BrokerageRedfin Corporation

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