# 5405 Allero Drive, Indianapolis, IN 46237

> **TL;DR:** 2bd/2ba condo, $195,000 ($149/sqft), built 2003, 1,310 sqft.
> A/C, 2-car garage. Est. $1,343/mo. Listed 71 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $195,000 |
| Price/sqft | $149 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,310 |
| Year Built | 2003 |
| Lot Size | 1,742 sqft (0.04 acres) |
| Stories | 1 |
| Garage | 2-car |
| Property Type | Condo (Condominium) |
| Status | Active |
| Days on Market | 71 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $986 |
| Estimated Insurance | $57 |
| HOA | $300 |
| **Total** | **$1,343** |

## Key Amenities

- A/C
- 2-car garage

## Property Highlights

- Built in 2003
- 0.04 acre lot

## Description

### Agent 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.

## Location

- **Address:** 5405 Allero Drive, Indianapolis, IN 46237
- **County:** Marion
- **Neighborhood:** Carriage Courts
- **Coordinates:** 39.68928, -86.061854
- **Google Maps:** https://www.google.com/maps?q=39.68928,-86.061854

## Virtual Tour & Media

- **Video Tour:** https://www.homeforsale.at/5405_ALLERO_DRIVE_kzj7sq-72mk?show_listing_video=1

## Listing Agent

- **Name:** Miranda Payne
- **Brokerage:** Carpenter Realtors
- **Broker Phone:** (800) 630-1727
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5405-Allero-Dr_Indianapolis_IN_46237_M48311-99110?f=listhub&s=MIBORIN&m=22120746&c=propsimple)

## Photos

![5405 Allero Drive - Photo 1](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f3590753927r.jpg)

![5405 Allero Drive - Photo 2](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f239812926r.jpg)

![5405 Allero Drive - Photo 3](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2299371111r.jpg)

![5405 Allero Drive - Photo 4](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2158079078r.jpg)

![5405 Allero Drive - Photo 5](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f3559213651r.jpg)

![5405 Allero Drive - Photo 6](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2335353216r.jpg)

![5405 Allero Drive - Photo 7](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f1901633534r.jpg)

![5405 Allero Drive - Photo 8](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2206284953r.jpg)

![5405 Allero Drive - Photo 9](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2897042841r.jpg)

![5405 Allero Drive - Photo 10](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f1249480049r.jpg)

![5405 Allero Drive - Photo 11](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2861295752r.jpg)

![5405 Allero Drive - Photo 12](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f298090040r.jpg)

![5405 Allero Drive - Photo 13](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2955501001r.jpg)

![5405 Allero Drive - Photo 14](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2868170925r.jpg)

![5405 Allero Drive - Photo 15](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f3166679418r.jpg)

![5405 Allero Drive - Photo 16](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f3802243270r.jpg)

![5405 Allero Drive - Photo 17](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f689816828r.jpg)

![5405 Allero Drive - Photo 18](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2227570245r.jpg)

![5405 Allero Drive - Photo 19](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f727989100r.jpg)

![5405 Allero Drive - Photo 20](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2032719727r.jpg)

![5405 Allero Drive - Photo 21](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f1770286659r.jpg)

![5405 Allero Drive - Photo 22](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f3795695345r.jpg)

![5405 Allero Drive - Photo 23](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f3017828101r.jpg)

![5405 Allero Drive - Photo 24](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f4103556171r.jpg)

![5405 Allero Drive - Photo 25](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f3606238634r.jpg)

![5405 Allero Drive - Photo 26](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2475023782r.jpg)

![5405 Allero Drive - Photo 27](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2996639713r.jpg)

![5405 Allero Drive - Photo 28](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f1363629203r.jpg)

![5405 Allero Drive - Photo 29](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f1097525364r.jpg)

![5405 Allero Drive - Photo 30](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f2930674430r.jpg)

![5405 Allero Drive - Photo 31](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f1538656738r.jpg)

![5405 Allero Drive - Photo 32](http://lh.rdcpix.com/9163c94ff5ff22259ea7692e2e51c0b0l-f3832636814r.jpg)

---

**MLS#:** 22120746 | **Updated:** 2026-10-24
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/5405-allero-drive-indianapolis-in-46237-89b701cded9f4436b4869d68367f76de)

---

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