5038 Arling Ct, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$332,200

Trulia Estimate
as of Sep 10, 2026
  • 3 Beds
  • 2 Baths
  • 2,851 sqft

5038 Arling Ct, Indianapolis, IN 46237

South Emerson

Home Highlights

Single-Family Home
2,851 sqft
$117/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 5038 Arling Ct.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

$2350 Modern 3 Bedroom 2 Bathroom Home with Spacious Layout in Indianapolis, close to freeways!

This 2,851-square-foot single-family home, built in 2019, offers a contemporary design and comfortable living spaces. The 3 bedrooms and 2 bathrooms provide ample room for a family or professionals.

No carpet anymore! Hardwood floors everywhere.

Enjoy the airy feel with high ceilings throughout the home. Abundant natural light brightens up the living areas. A spacious backyard awaits outdoor gatherings, gardening, or playtime. Situated in a quiet neighborhood, this property is conveniently close to amenities, schools, and parks.

2-Car Garage: Keep your vehicles protected from the elements.

For inquiries or to schedule a viewing, please send a message through zoom. The home is available for viewing after Sep 01. Don't miss out on this well-maintained home!

The renter is responsible for all utilities and renters' insurance. To qualify for approval, the renter must have a credit score above 620, good rental history, and a clean background. Additionally, the renter must have an income of 2xRent/month.

No smoking!
5038 Arling Ct, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 2,851 sqft single-family home in South Emerson. It last sold for $250,000 on Jan 22, 2020 (10,538% above the $2,350 asking price). More recently, it was listed as a rental in August 2026 with an asking price of $2,350 per month. That rental listing was removed on September 1, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $332,200, with a rent estimate of $2,279/month.

Home Details for 5038 Arling Ct

Interior Features

Heating & Cooling
Heating: Central, Forced AirAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Central
Appliances & Utilities
DishwasherDryerRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood, Tile

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
GarageParking: Attached Garage Off Street, On Site

Comparable Sales for 5038 Arling Ct

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5051 Arling Ct, Indianapolis, IN
0.04
Single-Family Home
$325,000
02/13/26
3
2.5
2,025 sqft
5103 Rum Cherry Way, Indianapolis, IN
0.11
Single-Family Home
$335,000
09/30/25
3
2.5
3,264 sqft
5039 Arling Ct, Indianapolis, IN
0.04
Single-Family Home
$360,000
12/29/25
4
3
3,212 sqft
3905 Shelbyville Rd, Indianapolis, IN
0.26
Single-Family Home
$375,000
03/31/26
3
2
3,200 sqft
5108 Arling Dr, Indianapolis, IN
0.07
Single-Family Home
$345,000
10/21/25
4
2.5
2,474 sqft
5220 Arling Dr, Indianapolis, IN
0.20
Single-Family Home
$291,000
08/14/26
3
2
1,424 sqft
5162 Arling Dr, Indianapolis, IN
0.17
Single-Family Home
$335,000
07/20/26
3
2.5
2,016 sqft
5150 Arling Dr, Indianapolis, IN
0.14
Single-Family Home
$340,000
12/08/25
4
2.5
2,240 sqft
5324 Oak Harbor Ct, Indianapolis, IN
0.27
Single-Family Home
$263,500
02/13/26
2
2
1,647 sqft
5303 Rum Cherry Way, Indianapolis, IN
0.24
Single-Family Home
$354,000
10/07/25
4
2.5
2,973 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in South Emerson

Last updated Sep 2026
Trulia Rent Estimate$2,279/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 1, 2026
Source: Zillow Rentals
ListingRemoved
$2,350
Aug 4, 2026
Source: Zillow Rentals
Listed For Rent
$2,350
Oct 14, 2024
Source: Zillow Rentals
ListingRemoved
$2,150
Jun 4, 2024
Source: Zillow Rentals
ListingRemoved
May 7, 2024
Source: Zillow Rentals
Listed For Rent
$2,150

Frequently asked questions about 5038 Arling Ct

  • What is 5038 Arling Ct estimated to be worth?
    Trulia's estimated value for 5038 Arling Ct in Indianapolis, IN is $332,200.
  • What is the price history for 5038 Arling Ct?
    5038 Arling Ct in Indianapolis, IN last sold for $250,000 in January 2020.
  • 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 5038 Arling Ct have air conditioning?
    Yes, 5038 Arling Ct in Indianapolis, IN has air conditioning.
  • Does 5038 Arling Ct have laundry facilities?
    Yes, 5038 Arling Ct in Indianapolis, IN has in-unit laundry.

Homes for rent near 5038 Arling Ct

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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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