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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 4513 Caroline Avenue in Montrose, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Welcome to this beautifully reimagined ranch bungalow in the heart of SoBro (South Broad Ripple); one of Indianapolis' most vibrant and sought-after neighborhoods. Enjoy being just minutes from local shops, dining, parks, and everyday conveniences while living in a charming residential setting. This home has been completely rebuilt from the foundation up, offering the peace of mind of brand-new construction with the character of a classic bungalow. Featuring 3 bedrooms and 2 full bathrooms, every detail has been thoughtfully designed with modern living in mind. Step inside to discover luxury vinyl hardwood flooring, fresh designer paint throughout, and a bright open-concept living space. The electric fireplace with remote creates a warm focal point, while updated light fixtures add style and sophistication throughout the home. The kitchen offers brand-new appliances, a beautiful tile backsplash, and stylish finishes that blend functionality with clean, modern design. The primary suite features a beautifully finished bathroom with a glass-enclosed stand-up shower and contemporary ceramic tile. The main full bathroom includes a sit-down tub, elegant tilework, and updated fixtures. All major mechanicals are brand new, providing efficiency and reliability for years to come. Built-in shelving in the closets adds practical storage, and the one-level layout offers everyday ease and convenience. A backyard shed provides additional storage space for tools and outdoor essentials. Move-in ready, fully updated, and located in a thriving neighborhood; this is modern bungalow living at its finest.

Listed by DeAnna Andrew· BLK Key Realty· MLS# 22086585
Recently SoldSold in 12 days

$270,000

3Beds
2Baths
1,065Sq Ft

Welcome to this beautifully reimagined ranch bungalow in the heart of SoBro (South Broad Ripple); one of Indianapolis' most vibrant and sought-after neighborhoods. Enjoy being just minutes from local shops, dining, parks, and everyday conveniences while living in a charming residential setting. This...

Listed by DeAnna Andrew· BLK Key Realty· MLS# MBR22086585

1,065

Sq Ft

1957

Year Built

3

Bedrooms

2

Bathrooms

Key things to know

  • Sold at list price in 12 days
  • Fireplace
  • Montrose subdivision

Sold

$270,000

Closed
Apr 16, 2026
Sold
3 weeks ago
Sold in
12 days

Price history

  1. Sold$270,000

    Apr 16, 2026

  2. Listedat $270,000

    Mar 1, 2026

Sold
13
Median price
$145,000
Median DOM
12 days

Comparative value

5 comps in this range

This home is 48% above median for similar nearby sales.

$133K$265KMedian $183K
$270K

FEATURES & AMENITIES

Interior

Hardwood FloorsHi-Speed Internet Availbl

Exterior

Storage Shed

Climate

Heat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $270,000Listed· Mar 1, 2026

12 days on market

Layout

Main
327 rooms1,065 sq ft

Schools

MSD Washington Township

    Neighborhood

    • Downtown Indianapolis5.2 mi
    • Monon Trail (Carmel)8.3 mi
    • Carmel High School9.0 mi
    • Carmel Central Park9.0 mi
    • IU Health North Hospital9.0 mi
    • Carmel Arts & Design District9.6 mi

    PROPERTY DETAILS

    Living Area

    1,065 sq ft

    Year Built

    1957

    Stories

    One

    Subdivision

    Montrose

    Bedrooms

    3

    Bathrooms

    2 full

    School District

    MSD Washington Township

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