4541 Stone Mill Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$253,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,692 sqft

4541 Stone Mill Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,589/mo*
Refinance Your Home
Currently Off Market - Sold Oct 22, 2018 for $159,900

Home Value

Trulia Estimate
$254K
Since last month
Decreased$3K (-1.2%)
Since last year
Decreased$3K (-1.3%)
Since last sale
Increased$94K (+58.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +74% in the last 10 years
MonthEstimated value
2026
August 2026$254K
August 2026$254K
July 2026$257K
June 2026$258K
May 2026$259K
April 2026$259K
March 2026$256K
February 2026$254K
January 2026$249K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
5839 Red Maple Dr, Indianapolis, IN
0.18
Single-Family Home
$375,000
11/14/25
3
2
1,794
5943 Red Maple Dr, Indianapolis, IN
0.23
Single-Family Home
$333,000
10/10/25
3
2
1,574
4430 Dudley North Dr, Indianapolis, IN
0.30
Single-Family Home
$200,000
07/31/26
3
1.5
2,112
4311 Stone Mill Dr, Indianapolis, IN
0.17
Single-Family Home
$228,000
10/20/25
4
3
1,848
5519 Black Cherry Cir, Indianapolis, IN
0.48
Single-Family Home
$252,000
06/04/26
3
2
1,518
5773 Saint Simons Dr, Indianapolis, IN
0.39
Single-Family Home
$284,000
05/01/26
3
2
2,820
4330 N Dudley North Dr, Indianapolis, IN
0.31
Single-Family Home
$236,500
06/05/26
4
1.5
1,500
4038 Gray Arbor Way, Indianapolis, IN
0.51
Single-Family Home
$226,000
01/22/26
3
2
1,276
3915 E Brunswick Ave, Indianapolis, IN
0.50
Single-Family Home
$239,000
12/15/25
3
2
1,212

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5831 S Linwood Ave, Indianapolis, IN 46237
0.07
$312,400
5
3
3,355
Off Market
4407 Stone Mill Dr, Indianapolis, IN 46237
0.11
$250,000
3
2
1,772
Recently Sold
4555 Blackstone Dr, Indianapolis, IN 46237
0.10
$245,000
3
1
1,084
Recently Sold
4435 Blackstone Dr, Indianapolis, IN 46237
0.15
$195,100
2
1
2,204
Off Market
4311 Stone Mill Dr, Indianapolis, IN 46237
0.17
$228,700
4
3
1,848
Off Market
4325 E Brunswick Ave, Indianapolis, IN 46237
0.17
$312,600
3
1.5
2,148
Off Market
5848 Red Maple Dr, Indianapolis, IN 46237
0.16
$410,500
3
3.5
2,925
Off Market
4306 E Brunswick Ave, Indianapolis, IN 46237
0.19
$244,200
3
1.5
1,512
Off Market
4315 E Brunswick Ave, Indianapolis, IN 46237
0.19
$302,900
4
2
1,821
Off Market
4221 Stone Mill Dr, Indianapolis, IN 46237
0.21
$259,700
4
2.5
1,666
Off Market
5839 Red Maple Dr, Indianapolis, IN 46237
0.18
$375,000
3
2
1,794
Recently Sold
4723 Goldenrain Ct, Indianapolis, IN 46237
0.18
$376,500
3
2
1,862
Off Market

Local Information

  • Map ViewExplore the area around 4541 Stone Mill Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1993
1,692 sqft
$150/sqft
Garage

About this House

Great location, this 3 bed, 2 full bath, 2 car gar. has many updates, very well kept home is ready for your own personal touch. Home has many updates roof -2014, water heater-2018,water softener-2017, windows-2016, sump pump-2016, c/a-2015, furnace-2014 new carpets 2015), hardwood laminate, all new stainless steel appliances, custom cabinets, ceramic tiled flooring in kitchen, both full baths also updated. Family is wired for surround sound. Home features a very nice private back yard with wood deck, mini barn and brick fire pit. All of this is waiting for you!
4541 Stone Mill Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,692 sqft single-family home in South Emerson, built in 1993. It last sold for $159,900 on Oct 22, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $253,700, with a rent estimate of $1,954/month.

Home Details for 4541 Stone Mill Dr

Interior Features

Heating & Cooling
Heating: Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 3Floors: Tile, Carpet, Laminate
Interior Details
Number of Rooms: 7Types of Rooms: Walk In Closet
Appliances & Utilities
DishwasherDisposalRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: Vinyl, Brick
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1993Year Updated: 1993
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 9583 sqft

Price and Tax history

DateEventPrice
Oct 22, 2018
Source: MIBOR as distributed by MLS GRID #21593176
Sold
$159,900
Sep 14, 2018
Source: Agent Provided
Pending
$159,900
Sep 14, 2018
Source: Agent Provided
Listed For Sale
$159,900
May 4, 2015
Source: MIBOR as distributed by MLS GRID #21340051
Sold
$133,500
Apr 9, 2015
Source: Agent Provided
Pending
$139,900

Market trends in South Emerson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$242K
Sale-to-List Price
99.9%
Price per sq ft
$155
Available listings
68
4MoM

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

Frequently asked questions about 4541 Stone Mill Dr

  • What is 4541 Stone Mill Dr estimated to be worth?
    Trulia's estimated value for 4541 Stone Mill Dr in Indianapolis, IN is $253,700.
  • What is the price history for 4541 Stone Mill Dr?
    4541 Stone Mill Dr in Indianapolis, IN last sold for $159,900 in October 2018.
  • 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 4541 Stone Mill Dr have air conditioning?
    Yes, 4541 Stone Mill Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 4541 Stone Mill Dr?
    The lot at 4541 Stone Mill Dr in Indianapolis, IN is about 0.22 acres (9,583 sq ft).

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