5126 Carob Ct, Indianapolis, IN 46237
Property image
Property image
FOR SALE
OPEN SAT, 12-2PM
3D VIEW
0.37 ACRES

$250,000

  • 3 Beds
  • 2 Baths
  • 1,120 sqft (on 0.37 acres)

5126 Carob Ct, Indianapolis, IN 46237

South Franklin
Est. Mortgage $1,568/mo*
Get Pre-Qualified
We estimate this home will sell faster than 83% nearby.

Home Highlights

Single-Family Home
Built in 1985
0.37 acre lot
$223/sqft
1 Car Garage

Local Information

  • Map ViewExplore the area around 5126 Carob Ct.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Opportunity awaits with this 3-bedroom, 2-bath property located on a spacious lot in a quiet cul-de-sac. Conveniently situated approximately 2 miles from St. Francis Hospital and close to shopping, dining, and other amenities. The property presents an opportunity for renovation and improvement, with a large lot, mature trees, established residential setting, and an existing 3-bedroom/2-bath configuration. Buyers looking for a renovation project or value-add opportunity are encouraged to explore the possibilities this property offers.
Last check for updates: about 3 hours ago
Listing Provided by: Leslie Pittard
BluPrint Real Estate Group
Source: MIBOR as distributed by MLS GRID, MLS#22121672
We estimate this home will sell faster than 83% nearby.

Open House

Saturday, September 05
12:00 PM to 2:00 PM

Home Details for 5126 Carob Ct

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1120 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Other Structures: GazeboFoundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 3Days on Market: 4

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: OtherNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491522105005000300

Price & Status

Price
List Price: $250,000Price Per Sqft: $223
Status Change & Dates
Possession Timing: Other

Location

Direction & Address
City: IndianapolisCommunity: Heathwood
School Information
High School District: Franklin Township Com Sch Corp

Agent Information

Listing Agent
Listing ID: 22121672

Building

Building Area
Building Area: 1120 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.37 acres

Listing Info

Special Conditions: As Is, Bankruptcy Property

Miscellaneous

Mls Number: 22121672

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about South Franklin

At least 73 Trulia users voted on each feature.
  • 90 % Say parking is easy

  • 89 % Say it's dog friendly

  • 86 % Say car is needed

  • 82 % Say there are sidewalks

  • 78 % Say yards are well-kept

  • 77 % Say there's holiday spirit

  • 72 % Say it's quiet

  • 72 % Say kids play outside

  • 71 % Say people would walk alone at night

  • 60 % Say neighbors are friendly

  • 59 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 44 % Say there's wildlife

  • 36 % Say it's walkable to grocery stores

  • 36 % Say there are community events

  • 29 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Grege312
    "We have an annual yard sale advertised by the HOA. There are Halloween parties in garages. Kids can camp out in the community park. There are three parks with ponds for fishing. "
  • Slonemail
    "Good neighbor hood and we feel safe taxes are for the most part fair. School and library taxes are too much for the results that are give. "
  • Senetriafreeman
    "In my community we have Fall Festival, Valentine Parties for the kids, Summer events, Basketball Tournaments, and swimming parties as well."
  • Grege312
    "I have lived here 25 years. It is God’s country. It has low crimes decent schools and good sports. "
  • Courtney S.
    "The people are friendly and their are kids everywhere playing, I want my kids to experience the neighborhood life since I lived in a busy street my whole life"
  • Kmartin860
    "Have lived in Franklin township in Belmont for almost 21 years and raised three kids. The schools are high rated and from my experience with three kids all going through elementary to high school I believe the rating is spot on"
  • Jennifer S.
    "Don't trust anyone just because they seem like a nice person. My last neighbor has Parkinson's and her so called care taker robbed her of nearly everything. I only found out when the poor old lady was just sitting outside in the rain. The complex never did anything and I never did find out if she got her dogs or money back. "
  • Garth Smitman
    "I've lived here for about 5 years. Love it. Misty Woods is open, with friendly neighbors and courteous pet owners. It is very quiet and secluded for how close it is to shops and the interstate. Takes about 10 minutes to reach downtown, about 25 to reach the Airport. An "affluent" neighborhood."
  • Lizapasch
    "Spring & fall neighborhood sales. Community pool. Large stocked & maintained fishing lake. Play ground. "
  • Martin L.
    "Dogs are all over the place. They’re very polite owners and pick up after themselves. They may not like the proximity of houses. "
  • Derricklykns
    "The neighbors are great. It's a quiet neighborhood. Fishing ponds are a lot of fun. there is a cute little grocery store just outside the neighborhood. It's very close to Franklin Central School."
  • Jimmy M.
    "It’s Indianapolis but with a more suburb feel and is very close to shopping and many dining options. "
  • Meredith L.
    "Friendly neighbors who are there when you need, but privacy is valued as well. Quiet, well maintained and safe neighborhood with amazing schools in Franklin Township."
  • Melissa M.
    "I have lived in this area for 12 years and love it just as much now as when I first moved to Indiana. "
  • Jtijunin
    "Convenient to interstate, shopping, restaurants but still suburban landscape. Great school system!"

Market trends in South Franklin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$291K
$12.17K
MoM
Sale-to-List Price
98.7%
0.1%
MoM
Price per sq ft
$163
$3
MoM
Available listings
81
9
MoM

Home Value

Trulia Estimate
$246K
Since last month
Increased$11K (+4.6%)
Since last year
Increased$9K (+3.6%)
Since last sale
Increased$102K (+70.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +124% in the last 10 years
MonthEstimated value
2026
August 2026$246K
August 2026$232K
July 2026$235K
June 2026$237K
May 2026$237K
April 2026$236K
March 2026$233K
February 2026$230K
January 2026$226K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$225,000
05/08/26
3
2
1,158
0.23
Single-Family Home
$220,000
10/10/25
3
2
1,205
0.13
Single-Family Home
$245,000
08/31/26
3
2
1,194
0.13
Single-Family Home
$212,000
05/05/26
3
1
1,024
0.35
Single-Family Home
$255,000
02/09/26
3
2
1,365
0.37
Single-Family Home
$259,000
08/07/26
3
2
1,456
0.31
Single-Family Home
$249,900
09/09/25
3
2
1,653
0.21
Single-Family Home
$225,000
05/22/26
4
2.5
1,853
0.19
Single-Family Home
$310,000
07/24/26
4
2.5
2,098

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$247,000
3
2
1,200
Off Market
0.07
$216,700
2
1
1,076
Off Market
0.04
$243,800
3
2
1,302
Off Market
0.09
$221,900
3
2
1,149
Off Market
0.09
$254,100
3
2
1,240
Off Market
0.12
$244,000
3
2
1,160
Off Market
0.11
$250,900
3
2
1,170
Off Market
0.13
$245,000
3
2
1,194
Recently Sold
0.14
$215,300
3
2
1,194
Off Market
0.11
$225,000
3
2
1,158
Recently Sold
0.13
$212,000
3
1
1,024
Recently Sold

Price and Tax history

DateEventPrice
Aug 31, 2026
Source: MIBOR as distributed by MLS GRID #22121672
Listed For Sale
$250,000
Oct 18, 2019
Source: MIBOR as distributed by MLS GRID #21664791
Sold
$143,900
Sep 7, 2019
Source: Agent Provided
Pending
$144,900
Aug 29, 2019
Source: Agent Provided
Listed For Sale
$144,900
Apr 29, 2019
Source: N/A
Sold
$75,000

LGBTQ Local Legal Protections

Leslie Pittard, BluPrint Real Estate Group
Based on information submitted to the MLS GRID as of 2026-09-04 15:18:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website. Click here for more information

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 5126 Carob Ct

Skip to last item
Skip to first item

Frequently asked questions about 5126 Carob Ct

  • What is the estimated monthly payment for 5126 Carob Ct?
    Based on a $250,000 list price with 20% down at today's rates, the estimated monthly payment for 5126 Carob Ct in Indianapolis, IN is approximately $1,598 (about $1,323 principal & interest, $200 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5126 Carob Ct compare to homes in Indianapolis?
    5126 Carob Ct in Indianapolis, IN is listed at $250,000, about 14% below the $291K median sale price in Indianapolis.
  • What do residents say about the South Franklin neighborhood?
    Residents describe the South Franklin neighborhood in Indianapolis, IN as easy to park in, dog-friendly, and pedestrian-friendly. See homes for sale in South Franklin, Indianapolis.
  • What are the closest schools to 5126 Carob Ct?
    The closest schools to 5126 Carob Ct in Indianapolis, IN are Franklin Central High School (rated 7/10), Franklin Central Junior High (rated 5/10), Lillie Idella Kitley Intermediate School (Elementary, rated 6/10).
  • Does 5126 Carob Ct have air conditioning?
    Yes, 5126 Carob Ct in Indianapolis, IN has air conditioning.
  • How big is the lot at 5126 Carob Ct?
    The lot at 5126 Carob Ct in Indianapolis, IN is about 0.37 acres (16,117 sq ft).
5126 Carob Ct, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,120 sqft single-family home built in 1985. 5126 Carob Ct is located in South Franklin, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 31, 2026. The MLS # for this home is MLS# 22121672.