4534 Stone Mill Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$264,000

Trulia Estimate
as of Sep 9, 2026
  • 3 Beds
  • 2.5 Baths
  • 1,560 sqft

4534 Stone Mill Dr, Indianapolis, IN 46237

South Emerson

Home Highlights

Single-Family Home
Built in 1993
1,560 sqft
$169/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 4534 Stone Mill Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

**SPLIT THE PAYMENT! Reserve your new home by paying 50% of your security deposit now, with the remaining balance due before move-in.**

Welcome, to 4534 Stone Mill Dr! This amazing 3 bed and 2 bath home with a living space of 1560 SqFt. As you walk in, enter through the living room with beautiful flooring. The kitchen has ample storage space which includes a full suite of stainless steel appliances. The primary suite includes an attached bath and walk-in closet. There is an open deck and a large fenced backyard which offers a perfect spot to relax and entertain. Washer and dryer hookups are included in the home; attached 2-car garage. Located near restaurants, shopping, schools, and more, with easy access to I-65. Call us today!
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RENT WITH MYND
-Fast Online Application (valid for 30 days)
-Mobile App to Pay Rent and Track Services
-Affordable Renter's Insurance

Lease term: 12 months

ONE-TIME FEES
Non-refundable $59.00 Application Fee Per Adult
One Time Move In Fee $199

REQUIRED MONTHLY CHARGES*
$1925.00: Base Rent
$39.95/month: Residents Benefits Package provides residents with on-demand basic pest control, as-needed HVAC air filter delivery, Identity Theft Protection, and access to an exciting rewards program

*Estimated required monthly charges do not include the required costs of utilities or rental insurance, conditional fees including, but not limited to, pet fees, or optional fees.
CONDITIONAL FEES
This is a pet-friendly property! 3 Pets Max; Pet Move-In Fee $199 per pet; Pet Rent per pet varies based on Paw Score. No breed restrictions.

Mynd Property Management
Equal Opportunity Housing
License # RC51900201

Mynd Property Management does not advertise on Craigslist or Facebook Marketplace. We will never ask you to wire money or pay with gift cards. Please report any fraudulent ads to your Leasing Associate. Federal Occupancy Guidelines: 2 per bedroom + 1 additional occupant; 2 per studio. Please contact us for move-in policy and available move-in date.
4534 Stone Mill Dr, Indianapolis, IN 46237 is a 3 bedroom, 3 bathroom, 1,560 sqft single-family home in South Emerson, built in 1993. It last sold for $280,061 on Nov 10, 2022 (14,449% above the $1,925 asking price). More recently, it was listed as a rental in July 2025 with an asking price of $2,025 per month. That rental listing was removed on September 27, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $264,000, with a rent estimate of $1,944/month.

Home Details for 4534 Stone Mill Dr

Property Information

Year Built
Year Built: 1993
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 12 months

Interior Features

Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Air Conditioner, Central Air, Ceiling Fan

Exterior Features

Parking & Garage
GarageParking: Attached Garage Covered, On Site

Media

Comparable Sales for 4534 Stone Mill Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4407 Stone Mill Dr, Indianapolis, IN
0.11
Single-Family Home
$250,000
03/02/26
3
2
1,772 sqft
5943 Red Maple Dr, Indianapolis, IN
0.26
Single-Family Home
$333,000
10/10/25
3
2
1,574 sqft
5839 Red Maple Dr, Indianapolis, IN
0.20
Single-Family Home
$375,000
11/14/25
3
2
1,794 sqft
4311 Stone Mill Dr, Indianapolis, IN
0.16
Single-Family Home
$228,000
10/20/25
4
3
1,848 sqft
4555 Blackstone Dr, Indianapolis, IN
0.07
Single-Family Home
$245,000
05/12/26
3
1
1,084 sqft
4330 N Dudley North Dr, Indianapolis, IN
0.27
Single-Family Home
$236,500
06/05/26
4
1.5
1,500 sqft
4109 E Epler Ave, Indianapolis, IN
0.40
Single-Family Home
$263,000
10/14/25
3
2
1,494 sqft
4430 Dudley North Dr, Indianapolis, IN
0.27
Single-Family Home
$200,000
07/31/26
3
1.5
2,112 sqft
5519 Black Cherry Cir, Indianapolis, IN
0.45
Single-Family Home
$252,000
06/04/26
3
2
1,518 sqft
5321 S Linwood Ave, Indianapolis, IN
0.43
Single-Family Home
$244,499
04/23/26
3
2
1,440 sqft

Nearby homes

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Rental Market Trends in South Emerson

Last updated Sep 2026
Trulia Rent Estimate$1,944/mo
Average rent
$1.54K
$15MoM
Available listings
20
View rental market trends in Indianapolis, IN

Around this home

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

  • 45 % 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

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Sep 27, 2025
Source: Zillow Rentals
ListingRemoved
$1,925
Sep 5, 2025
Source: Zillow Rentals
PriceChange
$1,925
Price decreased by 1%
Aug 30, 2025
Source: Zillow Rentals
PriceChange
$1,949
Price decreased by 1%
Aug 23, 2025
Source: Zillow Rentals
PriceChange
$1,965
Price decreased by 2%
Aug 16, 2025
Source: Zillow Rentals
PriceChange
$1,995
Price decreased by 1%

Frequently asked questions about 4534 Stone Mill Dr

  • What is 4534 Stone Mill Dr estimated to be worth?
    Trulia's estimated value for 4534 Stone Mill Dr in Indianapolis, IN is $264,000.
  • What is the price history for 4534 Stone Mill Dr?
    4534 Stone Mill Dr in Indianapolis, IN last sold for $280,061 in November 2022.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $242K.
  • Does 4534 Stone Mill Dr have air conditioning?
    Yes, 4534 Stone Mill Dr in Indianapolis, IN has air conditioning.
  • Does 4534 Stone Mill Dr have a garage?
    Yes, 4534 Stone Mill Dr in Indianapolis, IN has an attached garage.

Homes for rent near 4534 Stone Mill Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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