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5405 Allero Drive Indianapolis, IN $ 195,000
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$ 195,000 Get more info
5405 Allero Drive
$ 195,000
Back to search
Share Save

5405 Allero Drive

Indianapolis, IN, 46237
$ 195,000
Bedrooms2 Baths2.0 Sq 1,310

Monthly Estimate*

$ 1,347

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Condo for sale in Indianapolis, IN

for $195,000 with 2 bedrooms and 2 full baths. This 1,310 square foot condo was built in 2003 on a lot size of 0.04.

Enjoy low-maintenance living in this 2-bedroom, 2-bath condo located in the Carriage Courts neighborhood. The HOA maintains the exterior of the property, excluding landscaping, allowing more time to enjoy the community amenities. Inside, seamless LVP flooring flows throughout, complemented by stainless steel appliances and functional living spaces. The home also features a 2-car garage, private fenced patio, and an owned water softener. Several major updates include a furnace installed in 2023 and air conditioning replaced in 2022. Community amenities include a pool, fitness center, clubhouse, and sidewalks throughout the neighborhood. With exterior maintenance provided through the HOA, updated mechanicals, and access to a variety of community amenities, this condo offers a convenient and low-maintenance ownership opportunity. For added peace of mind, seller is offering a 1 year home warranty through HSA.

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Condo Active

Price

$ 195,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,866

Style

Traditional

Lot Size

0.04

Year Built

2003

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22120746
Features
Interior
Interior Amenities Attic Access Vaulted Ceiling(s) Walk-In Closet(s) Wood Work Painted Breakfast Bar Entrance Foyer
Total Fireplaces 0
Common Walls End Unit
Basement (Y/N) N
Half Baths 0
Laundry Features Main Level
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
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General
Heating Forced Air Gas
Cooling Central Air
Utilities Cable Available Natural Gas Connected
Possession Negotiable
Appliances Dishwasher Dryer Disposal MicroHood Electric Oven Refrigerator Washer Gas Water Heater
HOA Fee 300
Garage Spaces 2
Association Fee Includes Clubhouse Exercise Room Lawncare Maintenance Grounds Maintenance Structure Management Snow Removal
Patio/Porch Features Patio
Architectural Style Traditional
Construction Materials Brick
Year Built 2003
Township Franklin
Levels One
Property Subtype Condominium
Tax Year 2025
Community Features Clubhouse Fitness Center Pool
Assoc Fee Paid Per Monthly
County Marion
New Construction N
Property Type Residential
Association Amenities Pool
HOA Y
Subdivision Name Carriage Courts
Garage Y/N Y
Total Rooms 6
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 1786
Property Attached Y/N Y
Current Financing Conventional
Standard Status Active
Tax Lot 3
Virtual Tour https://www.homeforsale.at/5405_ALLERO_DRIVE_kzj7sq-72mk?show_listing_video=1
Legal Description Carriage Courts Phase 3 Block 25 Lot 3 .041Ac
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Exterior
Parking Features Attached
Water Source Public
Foundation Details Slab
Building Area Total 1310
Lot Size Acres 0.04
Other Equipment Security System Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

mpayne@callcarpenter.com

Email

Affordability Calculator

$1,502
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,347
Monthly Property Taxes
$156
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045201 Elementary School
4045199 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/5/2026$195,000 -1.52% Price Down
9/14/2026$198,000 -1.00% Price Down
8/19/2026$200,000 Listed Price

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5405 Allero Drive, Indianapolis, IN, 46237 is a Condo for sale at $195,000 with 1,310 sqft and a lot size of 0.04. 5405 Allero Drive has 2 bedrooms, 2.0 baths, and was built in 2003. The property's zip code is 46237 which is in Indianapolis, IN

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