4231 E Fairhope Dr, Indianapolis, IN 46237
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Property image
OFF MARKET

4231 E Fairhope Dr
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 2 Baths
  • 2,958 sqft (on 0.36 acres)

$270,900

Trulia Estimate
as of Jul 15, 2026
Est. Refi. Payment $1,670/mo*
Refinance Your Home

$270,900

Trulia Estimate
as of Jul 15, 2026
Est. Refi. Payment $1,670/mo*
Refinance Your Home
3 Beds
2 Baths
2,958 sqft
(on 0.36 acres)

Local Information

  • Map ViewExplore the area around 4231 E Fairhope Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Beautiful Home is much larger than it appears from the street! 2958 finished SF home includes a gorgeous great room, with dining area, a family room w/ fireplace, a big breakfast room w/ cathedral ceilings that makes the kitchen feel huge, a full, finished basement for recreation & hobbies, 3 BR, 2 full baths AND an attached garage ... WOW! Gleaming hardwood floors and lots of windows add to the spacious & stylish feeling inside! Updated kitchen includes breakfast bar. Very well maintained!
4231 E Fairhope Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 2,958 sqft single-family home in South Emerson, built in 1956. It last sold for $125,000 on Oct 28, 2008 (4% below the $130,000 asking price). It is currently off market. The Trulia Estimate is $270,900, with a rent estimate of $1,926/month.

Home Highlights

Parking
1 Car Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 4231 E Fairhope Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: FinishedNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bonus Room, Breakfast Room, Family Room, Great Room, Kitchen, Living Room, Play Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2958 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer, Gas Water HeaterDishwasherDryerLaundry: In BasementRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family RoomHas a Fireplace
Windows, Doors, Floors & Walls
Window: Wood Work StainedFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: DeckFencing: Fence Full RearOther Structures: Barn MiniFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Asphalt,Attached
Finished Area
Finished Area (below surface): 1263 Square Feet

Days on Market

Cumulative Days on Market: 187

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491509111027000500

Price & Status

Price
List Price: $130,000
Status Change & Dates
Off Market Date: Tue Oct 28 2008Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Gray Manor
School Information
High School District: Perry Township Schools

Building

Building Area
Building Area: 2958 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.36 acres

Listing Info

Special Conditions: Sales Disclosure On File

Offer

Listing Terms: Conventional, FHA

Miscellaneous

BasementMls Number: 2816241
Last check for updates: about 11 hours ago
Listed by Jeneene West, (317) 797-8117
RE/MAX Unlimited
Gregg West, (317) 374-1507
Bought with: Jeneene West, (317) 797-8117, RE/MAX Unlimited
Source: MIBOR as distributed by MLS GRID, MLS#2816241

Price History for 4231 E Fairhope Dr

DatePriceEventSource
10/28/2008$125,000Sold
MIBOR as distributed by MLS GRID #2816241

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Comparable Sales for 4231 E Fairhope Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4307 Knoll Top Dr, Indianapolis, IN
0.30
Single-Family Home
$261,500
04/03/26
3
2
3,080
4038 Gray Arbor Way, Indianapolis, IN
0.20
Single-Family Home
$226,000
01/22/26
3
2
1,276
6436 Perry Pines Ct, Indianapolis, IN
0.17
Single-Family Home
$217,500
06/12/26
3
2
1,296
4344 Moss Ridge Ln, Indianapolis, IN
0.18
Single-Family Home
$350,000
06/25/26
4
2.5
2,291
4233 Moss Ridge Ct, Indianapolis, IN
0.29
Single-Family Home
$387,500
12/19/25
4
2
2,216
4534 Fairhope Dr, Indianapolis, IN
0.25
Single-Family Home
$447,000
07/13/26
3
2.5
2,703
3544 Tulip Dr, Indianapolis, IN
0.63
Single-Family Home
$123,700
09/03/25
4
2.5
2,892
4226 Moss Ridge Ct, Indianapolis, IN
0.27
Single-Family Home
$418,000
01/05/26
4
3.5
2,754
4407 Stone Mill Dr, Indianapolis, IN
0.59
Single-Family Home
$250,000
03/02/26
3
2
1,772

Nearby homes

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Assigned Schools

These are the assigned schools for 4231 E Fairhope Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

South Emerson
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Emerson

At least 85 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say kids play outside

  • 82 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 62 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 44 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 35 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there is great yard space to run and play and also tons of parks to take them for walks. "
    0
    Flag
  • Trulia User
    "Not a lot of strays. Lots of friendly dogs. Low speed limits. Most of the houses have big yards. Lots of neighborhoods to walk. "
    0
    Flag
  • Trulia User
    "I’ve lived in this beautiful neighborhood for 25 years, raised our sons here. Neighbors are friendly & keep an eye out for one another. Rarely do these homes go up for sale, so there isn’t much turnover. "
    6
    Flag
  • Lalcautergomez
    "Dogs are welcome, most of the neighborhood has dogs and people walks them all the time, and most if not all pick after them "
    1
    Flag
  • Hermelindo P.
    "There is safe to live in here and people are very friendly, so far is nice and calm, no problems with the neighborhood "
    3
    Flag
  • A
    "Some crime; petty theft/ break ins... weird people knock on your door sometimes. BUT management is really nice and the maintenance team is quick and efficient. "
    4
    Flag
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
    37
    Flag
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
    2
    Flag
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
    2
    Flag
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
    1
    Flag
  • Meddie D.
    "My neighborhood needs greater access to public transportation and better lighting for the streets. The traffic lights would do better with better synchronization."
    3
    Flag
  • Jahadley317
    "This is a great, quiet little area with good schools and easy access to downtown. It is a great place to start a family. Franklin township schools are the best in the city."
    1
    Flag
  • Donna S.
    "I am in a CDI Home Retirement Community. There are very good places to walk without having to get on busy roads. Convenient shopping and eating areas near Southport and also Beech Grove."
    2
    Flag

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Homes for sale near 4231 E Fairhope Dr

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Off Market Homes Near 4231 E Fairhope Dr

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Based on information submitted to the MLS GRID as of 2026-07-14 11:03:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website. Click here for more information