About This Home

This 2-bedroom, 2-bathroom condo at 5405 Allero Drive in Indianapolis, IN is listed for $195,000 ($149 per sqft). Built in 2003, the home offers 1,310 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 2003
  • 0.04 acre lot

Property Details

1 story
2 full
2-car garage
2003

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,343/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57
HOA$300

Estimates only. Actual payments may vary.

Location

5405 Allero Drive

Indianapolis, IN 46237

Carriage Courts

Features & Amenities

Interior Features

Attic AccessVaulted Ceiling(s)Walk-In Closet(s)Wood Work PaintedBreakfast BarEntrance Foyer

Property Details

Construction

Brick

Outdoor Features

Patio

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherDryerDisposalMicroHoodElectric OvenRefrigeratorWasherGas Water Heater

Questions & Answers

This 2-bedroom, 2-bathroom condo at 5405 Allero Drive is listed at $195,000 ($149/sqft). The estimated monthly payment is $1,343 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $300/month.

Key features include: Built in 2003, 0.04 acre lot. Interior Features: Attic Access, Vaulted Ceiling(s), Walk-In Closet(s).

This property is listed by Miranda Payne.

MP

Miranda Payne

Agent at Carpenter Realtors

Listed by Carpenter Realtors · Broker phone: (800) 630-1727 · View on Broker Site · Broker website

MLS# 22120746· Source: Broker Listing Cooperative®· 70 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5405 Allero Drive, Indianapolis, IN 46237

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