9831 Carefree Drive, Indianapolis, IN 46256 · $549,000 · Sold

Here's 9831 Carefree Drive in Indianapolis, IN 46256. This listing is closed, but I can still walk you through the details.

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Front exterior at 9831 Carefree Drive, Indianapolis, IN

Sold — 9831 Carefree Drive, Indianapolis, IN 462561 / 1

Quick read on the numbers:

$549,000$569,500

Sold

Beds

Baths

Sq ft

3,803

Built

1980

Acres

0.81

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 5.3% below list in 111 days
2 fireplaces
Finished basement (1,040 sqft)
Fall Creek Estates subdivision

From the listing

Welcome to 9831 Carefree Dr. located in wonderful Fall Creek Estates! This beautifully maintained 5-bedroom, 3-bathroom home is nestled on a large private lot surrounded by mature trees. When you arrive you'll notice the pride of ownership and care poured into every detail of this home. Inside, the main level offers a flexible floor plan featuring a formal living room that can easily be converted into a large home office perfect for remote work or a study. The expansive kitchen and dining areas flow seamlessly into a cozy family room, ideal for entertaining or quiet evenings at home. Upstairs, the generous primary suite features a vaulted ceiling and a sitting room with endless potential. This could be simply transformed into a huge custom walk-in closet with built-ins. Four additional bedrooms provide plenty of room for family, guests, or additional office/hobby spaces. Step outside to your own private retreat with lush landscaping, mature trees, and a peaceful backyard perfect for relaxing, gardening, or hosting gatherings. With its combination of thoughtful layout, exceptional maintenance, and tranquil surroundings, this home is truly move-in ready. Conveniently locate…

A few highlights from the feature list:

Interior

Breakfast BarCeiling VaultedEntrance FoyerPantryWalk-In Closet(s)

Exterior

Barn MiniFire Pit

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$525,300

Land Value

$81,200

Land$81,200

15% of total

Improvement Value

$444,100

Improvements$444,100

85% of total

Annual tax · 2024: $5,235
Exemption: Homestead

This home has sold:

Sold

$539,500

-$30,000 below list (-5.3%)

Closed: Mar 16, 2026
Listed at: $569,500
Sold: 2 months ago
Sold in: 111 days

Price history

Sold$539,500
Mar 16, 2026
Price reduced$559,500 → $549,000
Nov 19, 2025
Listedat $569,500
Sep 24, 2025

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 23% above median for similar nearby sales.

$425K$607KMedian $437K

$540K

A few places to dig deeper:

Fall Creek Estates Hamilton Southeastern Schools

MLS# 22064535