5123 Pappas Dr, Indianapolis, IN 46237
OFF MARKET

$203,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,030 sqft

5123 Pappas Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,304/mo*
Refinance Your Home
Currently Off Market - Sold Jun 5, 2025 for $80,000

Home Value

Trulia Estimate
$204K
Since last month
Decreased$300 (-0.1%)
Since last year
Increased$9K (+4.5%)
Since last sale
Increased$124K (+154.6%)
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 +115% in the last 10 years
MonthEstimated value
2026
August 2026$204K
July 2026$204K
June 2026$205K
May 2026$206K
April 2026$208K
March 2026$206K
February 2026$204K
January 2026$205K
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
5223 Bahia Dr, Indianapolis, IN
0.12
Single-Family Home
$195,000
02/27/26
3
1.5
1,112
5105 Bahia Dr, Indianapolis, IN
0.11
Single-Family Home
$225,000
05/18/26
3
1.5
1,332
5512 Lunsford Dr, Indianapolis, IN
0.12
Single-Family Home
$225,000
11/12/25
3
1.5
1,290
5118 Gringo Dr, Indianapolis, IN
0.03
Single-Family Home
$223,000
04/14/26
4
2
1,506
5179 Laredo St, Indianapolis, IN
0.06
Single-Family Home
$184,300
06/03/26
3
1
912
5120 Pappas Dr, Indianapolis, IN
0.05
Single-Family Home
$199,900
07/01/26
3
1
920
5331 Yucatan Dr, Indianapolis, IN
0.26
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
5147 Antigua Trl, Indianapolis, IN
0.11
Single-Family Home
$195,000
05/20/26
3
1
1,056
5427 Straw Hat Dr, Indianapolis, IN
0.33
Single-Family Home
$179,500
12/23/25
3
1.5
936
5248 Yucatan Dr, Indianapolis, IN
0.18
Single-Family Home
$162,000
06/22/26
3
1
1,096

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
5201 Gringo Dr, Indianapolis, IN 46237
0.06
$211,000
3
1.5
1,120
Off Market
5118 Gringo Dr, Indianapolis, IN 46237
0.03
$223,000
4
2
1,506
Recently Sold
5530 Yucatan Dr, Indianapolis, IN 46237
0.06
$196,200
5
2
1,407
Off Market
5119 Gringo Dr, Indianapolis, IN 46237
0.05
$185,000
3
1
962
Off Market
5617 Yucatan Dr, Indianapolis, IN 46237
0.09
$210,800
3
1.5
1,174
Off Market
5209 Laredo St, Indianapolis, IN 46237
0.07
$192,900
3
1.5
912
Off Market
5179 Laredo St, Indianapolis, IN 46237
0.06
$184,300
3
1
912
Recently Sold
5120 Pappas Dr, Indianapolis, IN 46237
0.05
$199,900
3
1
920
Recently Sold
5131 Bahia Dr, Indianapolis, IN 46237
0.10
$216,700
4
1
1,288
Off Market
5631 Yucatan Dr, Indianapolis, IN 46237
0.12
$274,900
6
2
2,652
For Sale
5117 Bahia Dr, Indianapolis, IN 46237
0.10
$215,900
3
1.5
910
Off Market
5223 Bahia Dr, Indianapolis, IN 46237
0.12
$195,000
3
1.5
1,112
Recently Sold

Local Information

  • Map ViewExplore the area around 5123 Pappas Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1979
1,030 sqft
$198/sqft
Garage

About this House

This single-family home is located at 5123 Pappas Dr, Indianapolis, IN. 5123 Pappas Dr is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 2 bathrooms and approximately 1,030 sqft of floor space. This property has a lot size of 7187 sqft and was built in 1979.
5123 Pappas Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,030 sqft single-family home in South Emerson, built in 1979. It last sold for $80,000 on Jun 5, 2025. More recently, it was listed as a rental in April 2026 with an asking price of $1,700 per month. That rental listing was removed on April 17, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $203,500, with a rent estimate of $1,475/month.

Home Details for 5123 Pappas Dr

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6Types of Rooms: Family Room
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1979Year Updated: 1979
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7187 sqft

Price and Tax history

DateEventPrice
Apr 17, 2026
Source: MIBOR as distributed by MLS GRID #22092944
ListingRemoved
$1,700
Apr 2, 2026
Source: MIBOR as distributed by MLS GRID #22092944
Listed For Rent
$1,700
Jan 1, 2026
Source: MIBOR as distributed by MLS GRID #22077070
ListingRemoved
$1,700
Dec 22, 2025
Source: MIBOR as distributed by MLS GRID #22077070
Listed For Rent
$1,700
Jun 5, 2025
Source: N/A
Sold
$80,000

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

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 5123 Pappas Dr

  • What is 5123 Pappas Dr estimated to be worth?
    Trulia's estimated value for 5123 Pappas Dr in Indianapolis, IN is $203,500.
  • What is the price history for 5123 Pappas Dr?
    5123 Pappas Dr in Indianapolis, IN last sold for $80,000 in June 2025.
  • 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 $257K. That is up $6.7K from the prior month.
  • Does 5123 Pappas Dr have air conditioning?
    Yes, 5123 Pappas Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 5123 Pappas Dr?
    The lot at 5123 Pappas Dr in Indianapolis, IN is about 0.16 acres (7,187 sq ft).

Explore by feature - Pet Friendly

1528 pet-friendly rentals in Indianapolis, IN

Explore by feature - Garage

724 rentals with a garage in Indianapolis, IN

Explore by feature - Air Conditioning

1358 rentals with air conditioning in Indianapolis, IN

Explore by feature - Pool

372 rentals with a pool in Indianapolis, IN

Explore by feature - Washer/dryer

1146 rentals with a washer/dryer in Indianapolis, IN

Explore by feature - Outdoor Space

405 rentals with an outdoor space in Indianapolis, IN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 5123 Pappas Dr

Skip to last item
Skip to first item

Homes for sale near 5123 Pappas Dr

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item