For Sale
Photo 1 of Land for sale at 5950 S Carroll Rd, Indianapolis, IN 46259 | MLS# 21927658 | Listing updated on 2026-10-13
Photo 2 of Land for sale at 5950 S Carroll Rd, Indianapolis, IN 46259 | MLS# 21927658 | Listing updated on 2026-10-13
2
Beds Icon

Street View

$249,900

Monthly Est:$1,244

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon5.5acres lot

5950 S Carroll Rd, Indianapolis, IN 46259

$1,244/moEst:

Get Pre-Approved

  • Residential Lot

  • Built in -

  • $-- HOA

  • 5.5 acres lot

  • $45,436/acre

Description

Seller has recorded covenants and restrictions and the and the survey has been recorded. Some Septic soil test were completed in 2020 by Seller. The Seller intends to complete a 1031 Exchange at the closing and buyers must agree to cooperate with a 1031 exchange. Seller may also request to negotiate a delay of the final closing for up to 120 days to provide time to locate a replacement property. An 8 inch perimeter drain is already installed to the west and this land has access to the 8 inch perimeter drain. Land will be leased to a Tenant Farmer for 2026.Possession is subject to the tenant farmer crop rights

  • Houzeo last checked: 2 minutes ago
  • Listing updated: October 13, 2026 at 11:37 am
  • Listing Provided by: David Baird (317) 862-4112 | OK Baird, LLC (317) 862-4112
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 21927658 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    South Franklin

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    5.5 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    21927658

  • MLS Status

    Active

  • Days on Market

    1228

  • Cumulative Days on Market

    1186

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Septic Needed

Other Features

  • Lot Features

    Access, Not In Subdivision, Rural Not Subdivision

  • Subdivision Name

    No Subdivision

Price History

DateEventPrice

12/05/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21927658

Listed for Sale

$249,900 +31.87%

$0/sqft

12/05/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21927658

Price Decreased

$189,500 -24.17%

$0/sqft

12/05/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID #MBR21927658

Price Increased

$249,900 +31.87%

$0/sqft

11/11/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21927658

Pending

$189,500 -0.26%

$0/sqft

08/06/2024

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21927658

Listed for Sale

$190,000

$0/sqft

South Franklin Ranks #49 in Indianapolis, IN

Homes for sale
98

Homes

Rental prices
$--

Rental Prices

Median Home Price
$312K

Median Home Price

South Franklin, Indianapolis, IN neighborhood guide

Nearby Homes

Based on information from MIBOR REALTOR® Association through Oct 30, 2026, 02:45PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty

Skip to Main Content