5132 Arling Dr, Indianapolis, IN 46237
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OFF MARKET

5132 Arling Dr
Indianapolis, IN 46237

South Emerson
  • 5 Beds
  • 3 Baths
  • 2,799 sqft

$354,300

Trulia Estimate
as of Aug 4, 2026

$354,300

Trulia Estimate
as of Aug 4, 2026
5 Beds
3 Baths
2,799 sqft

Local Information

  • Map ViewExplore the area around 5132 Arling Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
2,799 sqft
Price/Sqft
$127
Parking
Attached Garage

About this House

5 bedroom, 3 bathroom home ready for rent! one bedroom and full bathroom on the main floor, Separate room for home office available on the first floor. there are 4 other bedrooms and 2 full baths and a generous size loft upstairs.

utilities and lawn care is tenant responsibility.
5132 Arling Dr, Indianapolis, IN 46237 is a 5 bedroom, 3 bathroom, 2,799 sqft single-family home in South Emerson. It last sold for $308,930 on Nov 3, 2021 (11,782% above the $2,600 asking price). More recently, it was listed as a rental in March 2025 with an asking price of $2,750 per month. That rental listing was removed on May 24, 2025. It is currently off market. The Trulia Estimate is $354,300, with a rent estimate of $2,639/month.

Home Details for 5132 Arling Dr

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
Parking: Attached, On Site

Price History for 5132 Arling Dr

DatePriceEventSource
05/24/2025$2,600ListingRemovedZillow Rentals
05/18/2025$2,600PriceChange
Zillow Rentals
05/09/2025$2,625PriceChange
Zillow Rentals
05/02/2025$2,650PriceChange
Zillow Rentals
04/27/2025$2,675PriceChange
Zillow Rentals
04/23/2025$2,600PriceChange
Zillow Rentals
04/14/2025$2,675PriceChange
Zillow Rentals
03/12/2025$2,750Listed For RentZillow Rentals
09/13/2024$2,600ListingRemovedZillow Rentals
09/08/2024$2,600Listed For RentZillow Rentals
07/26/2023ListingRemovedZillow Rentals
07/03/2023$2,500PriceChange
Zillow Rentals
06/27/2023$2,600PriceChange
Zillow Rentals
06/13/2023$3,000Listed For RentZillow Rentals
11/03/2021$308,930Sold
MIBOR as distributed by MLS GRID #21797388
07/07/2021$306,900PendingMIBOR as distributed by MLS GRID #21797388
07/07/2021$306,900Listed For SaleMIBOR as distributed by MLS GRID #21797388

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$4,485
Assessment$343,500
Home facts updated by county records

Comparable Sales for 5132 Arling Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5108 Arling Dr, Indianapolis, IN
0.05
Single-Family Home
$345,000
10/21/25
4
2.5
2,474
5150 Arling Dr, Indianapolis, IN
0.03
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
5233 Rum Cherry Way, Indianapolis, IN
0.11
Single-Family Home
$393,000
06/22/26
5
3
2,978
5303 Rum Cherry Way, Indianapolis, IN
0.14
Single-Family Home
$354,000
10/07/25
4
2.5
2,973
5039 Arling Ct, Indianapolis, IN
0.12
Single-Family Home
$360,000
12/29/25
4
3
3,212
5162 Arling Dr, Indianapolis, IN
0.05
Single-Family Home
$335,000
07/20/26
3
2.5
2,016
5103 Rum Cherry Way, Indianapolis, IN
0.11
Single-Family Home
$335,000
09/30/25
3
2.5
3,264
5051 Arling Ct, Indianapolis, IN
0.10
Single-Family Home
$325,000
02/13/26
3
2.5
2,025
3224 Prague Rd, Indianapolis, IN
0.33
Single-Family Home
$303,000
08/15/25
4
2.5
2,751
3232 Saint Jude Dr, Indianapolis, IN
0.32
Single-Family Home
$246,000
08/11/25
5
2.5
2,429

Nearby homes

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Assigned Schools

These are the assigned schools for 5132 Arling Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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Off Market Homes Near 5132 Arling Dr

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