5131 Arling Ct, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$393,100

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 3,536 sqft

5131 Arling Ct, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $2,414/mo*
Refinance Your Home
Currently Off Market - Sold Apr 29, 2021 for $303,355

Home Value

Trulia Estimate
$393K
Since last month
Increased$5K (+1.3%)
Since last year
Increased$27K (+7.5%)
Since last sale
Increased$90K (+29.6%)
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 +9% in the last 10 years
MonthEstimated value
2026
August 2026$393K
August 2026$393K
July 2026$388K
June 2026$390K
May 2026$393K
April 2026$391K
March 2026$392K
February 2026$395K
January 2026$381K
2025

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
0.06
Single-Family Home
$345,000
10/21/25
4
2.5
2,474
0.12
Single-Family Home
$360,000
12/29/25
4
3
3,212
0.04
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
0.08
Single-Family Home
$335,000
09/30/25
3
2.5
3,264
0.08
Single-Family Home
$393,000
06/22/26
5
3
2,978
0.09
Single-Family Home
$325,000
02/13/26
3
2.5
2,025
0.07
Single-Family Home
$291,000
08/14/26
3
2
1,424
0.06
Single-Family Home
$335,000
07/20/26
3
2.5
2,016
0.33
Single-Family Home
$280,000
09/12/25
3
2.5
1,879

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
0.04
$291,000
3
2
1,627
Off Market
0.06
$343,400
4
2.5
2,474
Off Market
0.03
$326,900
3
2.5
2,278
Off Market
0.03
$329,000
3
2.5
2,272
Off Market
0.04
$339,500
3
2.5
2,479
Off Market
0.04
$340,000
4
2.5
2,240
Recently Sold
0.06
$346,500
4
2.5
2,474
Off Market
0.08
$336,400
3
2.5
3,264
Off Market
0.06
$335,000
3
2.5
2,016
Recently Sold
0.08
$393,000
5
3
2,978
Recently Sold
0.07
$291,000
3
2
1,424
Recently Sold

Local Information

  • Map ViewExplore the area around 5131 Arling Ct.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2021
Living Area
3,536 sqft
Price/Sqft
$111
Parking
2 Car Garage
HOA
$38/Monthly

About this House

Trendy new Cumberland Coastal Classic plan by Fischer Homes in beautiful Highgate featuring a welcoming covered front porch. Once inside you'll find a private study with french doors, formal dining room and an island kitchen with gleaming black appliances, upgraded maple cabinetry with 42 inch uppers, granite countertops, walk-in pantry and walk-out morning room to the 12x12 patio and all with a view to the spacious family room. Upstairs homeowners retreat with en suite with a double bowl vanity, garden tub, separate shower and large walk-in closet. 3 additional bedrooms, loft, and laundry room. Full basement with full bath rough-in and a 2 car garage.
5131 Arling Ct, Indianapolis, IN 46237 is a 4 bedroom, 3 bathroom, 3,536 sqft single-family home in South Emerson, built in 2021. It last sold for the $303,355 asking price on Apr 29, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $393,100, with a rent estimate of $2,945/month.
Last check for updates: about 4 hours ago
Listed by Marie Edwards
HMS Real Estate, LLC
Bought with: Paramjit Kaur, (317) 793-1091, CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID, MLS#21757362

Home Details for 5131 Arling Ct

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Breakfast Room, Dining Room, Family Room, Kitchen, Library, Loft
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3536 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Electric Water HeaterDishwasherDisposalLaundry: Upper LevelMicrowave
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Window: Windows Thermal, Windows Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: Patio, CoveredFoundation: Concrete Perimeter, Full
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Concrete,Garage Door Opener

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family Residence
Building
Construction Materials: Brick, Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491505135007028500Additional Parcels Description: No

Price & Status

Price
List Price: $303,355
Status Change & Dates
Off Market Date: Wed Dec 16 2020Possession Timing: Close Of Escrow

Location

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

Building

Building Details
Builder Name: Fischer Homes
Building Area
Building Area: 3536 Square Feet

HOA

HOA Fee Includes: ManagementHOA Phone: 317-541-0000Has an HOAHOA Fee: $450/Annually

Lot Information

Lot Area: 7797.24 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional, FHA

Miscellaneous

BasementMls Number: 21757362

Price and Tax history

DateEventPrice
Apr 29, 2021
Source: MIBOR as distributed by MLS GRID #21757362
Sold
$303,355
Dec 17, 2020
Source: MIBOR as distributed by MLS GRID #21757362
Pending
$303,355

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
4
MoM

Neighborhood Overview

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. "
  • 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. "
  • Trulia User
    "Iโ€™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 isnโ€™t much turnover. "
  • 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 "
  • 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 "
  • 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. "
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
  • 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."
  • 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."
  • 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."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-01 05:32:57 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

Frequently asked questions about 5131 Arling Ct

  • What is 5131 Arling Ct estimated to be worth?
    Trulia's estimated value for 5131 Arling Ct in Indianapolis, IN is $393,100.
  • What is the price history for 5131 Arling Ct?
    5131 Arling Ct in Indianapolis, IN last sold for $303,355 in April 2021.
  • 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 5131 Arling Ct have air conditioning?
    Yes, 5131 Arling Ct in Indianapolis, IN has air conditioning.
  • Does 5131 Arling Ct have laundry facilities?
    Yes, 5131 Arling Ct in Indianapolis, IN has laundry facilities.

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