5950 S Carroll Rd

Indianapolis, IN 46259

$249,900
Price
239,580 / 5.5
Lot Size / Acres

Description

Seller will be adding some covenants and restrictions in the coming weeks and survey has been ordered. Some Septic soil test have already been completed 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 delay 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. Seller will be adding at the rear of tracts...Seller will be adding some covenants and restrictions in the coming weeks and survey has been ordered. Some Septic soil test have already been completed 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 delay 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. Seller will be adding at the rear of tracts 4 and 5 a drainage easement and will install another smaller tile to allow both tracts 4 and 5 to connect to the 8 inch drain. Land will be leased to a Tenant Farmer for 2026.
  1. Listed by David Baird • OK Baird, LLC

Property Details for 5950 South Carroll Road

Subdivision Name
No Subdivision
Township
Franklin
Zoning
DA
LISTING UPDATED: 12/06/2025 12:33 PM

Property Details for 5950 South Carroll Road

StatusActive
MLS #21927658
Days on Market908
Taxes$103 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lots
Year Built-
Lot Size5.50 AC
CountyShelby County

Location

Listing Courtesy of OK Baird, LLC
Add your commute

Building Information for 5950 South Carroll Road

Building Size-Lot Size5.50 AC

Payment Calculator

$1,235 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,218

Property Taxes

$17

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5950 South Carroll Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Just 300 Feet South of Southeastway Park on Carroll Road. It about 1 mile South of Thompson Road on the West side of Carroll Road-
  • Postal Code: 46259
  • Road Access: County Rd
  • Road Frontage Type: County Road
  • State Or Province: IN
  • Topography: Cleared,Level
Taxes and HOA Information
  • Parcel Number: 491603108001000300
  • Semi Annual Property Tax Amt: 103
  • Tax Exemption: None
  • Tax Year: 2021
  • Additional Parcels Description: 491603108002000300
  • TaxLot: 4
School Information
  • Middle Or Junior School: Franklin Central Junior High
  • School District: Franklin Township Com Sch Corp
Property
Lot Information
  • Acreage: 5-10 Acres
  • Land Characteristics: Rural Not in Subdivision,Suburban
  • Lot Description: Access, Not In Subdivision, Rural - Not Subdivision
  • Lot Size Square Feet: 239580.0
  • Lot Size Acres: 5.5
  • New Construction: False
  • Number Of Lots: 2
  • Other Structures: Not Applicable
  • Soil Test: yes
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Plat Designed, See Remarks
  • Divisible: No
  • DPRYN: No
  • Legal Subdivision: 8Rds S Side Se1/4 S3 T14 R5 See attached survey and legal description- a part of 2 tax parcels
  • Photos Count: 2
  • Present Zoning: Agricultur,Single Family
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Agric Land,Row Crop
  • Transaction Type: Sale
Utilities
  • Facilities Near: Cable
  • Facilities On: Electric,Telephone
  • Sewer: Septic Needed
  • Solid Waste: Yes
  • Water: Well Required
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 5950 South Carroll Road

DateEvent & SourcePriceAppreciation
Jan 27, 2025

Price Change

MIBORMLS #21927658

$189,500—
Aug 6, 2024

Price Change

MIBORMLS #21927658

$190,000—
Jun 20, 2023

Listed (Active)

MIBORMLS #21927658

$275,000—
DateEvent & SourcePrice
01/27/2025

Price Change

MIBORMLS #21927658

$189,500
08/06/2024

Price Change

MIBORMLS #21927658

$190,000
06/20/2023

Listed (Active)

MIBORMLS #21927658

$275,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5950 South Carroll Road

This home is within Franklin Township Com Sch Corp.
Rating
School
Type
Grades
Distance
Acton Elementary School
Public - K to 3
Franklin Central Junior High
Public - 7 to 8
Franklin Central High School
Public - 9 to 12
South Creek Elementary School
Public - K to 3
Rating
School
Distance
Acton Elementary School
PublicK to 3

Franklin Central Junior High
Public7 to 8

Franklin Central High School
Public9 to 12

South Creek Elementary School
PublicK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5950 South Carroll Road, Indianapolis, IN 46259

5950 South Carroll Road is a 5.5 ac of land for sale in Indianapolis, IN 46259. This property was listed for sale on June 20, 2023 by OK Baird, LLC, it's currently listed at $249,900. This listing's school district is Franklin Township Com Sch Corp. Nearby schools include Acton Elementary School, Franklin Central Junior High and Franklin Central High School. 5950 South Carroll Road is a 0-bed, 0-bath, 5.5 ac of land on a 239,580 sq. ft. / 5.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of OK Baird, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/08/2026 08:07 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.