5138 Arling Dr, Indianapolis, IN 46237
OFF MARKET

5138 Arling Dr
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 2.5 Baths
  • 3,234 sqft

$363,000

Trulia Estimate
as of Jun 16, 2026
Est. Refi. Payment $2,172/mo*
Refinance Your Home

$363,000

Trulia Estimate
as of Jun 16, 2026
Est. Refi. Payment $2,172/mo*
Refinance Your Home
3 Beds
2.5 Baths
3,234 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Beautiful 3 bedroom home featuring 9ft 1st floor ceilings and a private study available for immediate move-in. Island kitchen with stainless steel appliances and upgraded maple cabinetry. Upstairs oversized homeowners retreat with an en suite that includes a double bowl vanity, garden tub, separate shower and walk-in closet. There are 2 additional bedrooms each with a walk-in closet, a centrally located hall bathroom and upstairs laundry room and a largo open loft. Full basement and large patio with fenced-in backyard.

Renter is responsible for all utilities and renters insurance.
background required for approval.
We require the following:
1. A credit score of 550 or higher
2. Monthly household income at least 3 times the rent
3. Applicants must have no history of evictions, bankruptcies, criminal or housing court records.
4. A rent ledger showing rent payments for the past 6 12 months
5. Recent pay stubs
6. Bank statements for the past 2 months showing deposits
Please bring either printed copies or digital versions when you come for the tour.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 26, 2025

Home Highlights

Parking
Attached Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5138 Arling Dr

Interior Features

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

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Exterior Features

Parking & Garage
Parking: Attached, On Site

Price History for 5138 Arling Dr

DatePriceEventSource
07/29/2025$2,500ListingRemovedZillow Rentals
07/21/2025$2,500PriceChange
Zillow Rentals
07/17/2025$2,525PriceChange
Zillow Rentals
06/12/2025$2,675PriceChange
Zillow Rentals
04/09/2025$2,745Listed For RentZillow Rentals
05/11/2024ListingRemovedZillow Rentals
04/15/2024$2,550PriceChange
Zillow Rentals
03/19/2024$2,650Listed For RentZillow Rentals
11/23/2021$321,277Sold
MIBOR as distributed by MLS GRID #21809103
08/24/2021$321,277PendingMIBOR as distributed by MLS GRID #21809103
08/24/2021$321,277Listed For SaleMIBOR as distributed by MLS GRID #21809103

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
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Property Tax and Assessment

Year2025
Tax$4,568
Assessment$349,100
Home facts updated by county records

Homeowner tools

Estimated monthly rent$2,682/mo
List your home for rent

Homes for rent near 5138 Arling Dr

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Comparable Sales for 5138 Arling Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5103 Rum Cherry Way, Indianapolis, IN
0.12
Single-Family Home
$335,000
09/30/25
3
2.5
3,264
5150 Arling Dr, Indianapolis, IN
0.02
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
5108 Arling Dr, Indianapolis, IN
0.06
Single-Family Home
$345,000
10/21/25
4
2.5
2,474
5051 Arling Ct, Indianapolis, IN
0.11
Single-Family Home
$325,000
02/13/26
3
2.5
2,025
5039 Arling Ct, Indianapolis, IN
0.13
Single-Family Home
$360,000
12/29/25
4
3
3,212
5303 Rum Cherry Way, Indianapolis, IN
0.13
Single-Family Home
$354,000
10/07/25
4
2.5
2,973
3905 Shelbyville Rd, Indianapolis, IN
0.30
Single-Family Home
$375,000
03/31/26
3
2
3,200
3224 Prague Rd, Indianapolis, IN
0.33
Single-Family Home
$303,000
08/15/25
4
2.5
2,751
3944 Cherry Blossom Blvd, Indianapolis, IN
0.34
Single-Family Home
$280,000
09/12/25
3
2.5
1,879
5324 Oak Harbor Ct, Indianapolis, IN
0.17
Single-Family Home
$263,500
02/13/26
2
2
1,647

Nearby homes

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Assigned Schools

These are the assigned schools for 5138 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

  • 44 % 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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Homes for sale near 5138 Arling Dr

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Off Market Homes Near 5138 Arling Dr

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5138 Arling Dr, Indianapolis, IN 46237 is a 3 bedroom, 3 bathroom, 3,234 sqft single-family home. 5138 Arling Dr is located in South Emerson, Indianapolis. This property is not currently available for sale. 5138 Arling Dr was last sold on Nov 23, 2021 for $321,277 (12,751% higher than the asking price of $2,500). The current Trulia Estimate for 5138 Arling Dr is $363,000.