5140 Pappas Dr, Indianapolis, IN 46237
OFF MARKET

$176,900

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 920 sqft

5140 Pappas Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,164/mo*
Refinance Your Home
Currently Off Market - Sold Oct 2, 2001 for $85,000

Home Value

Trulia Estimate
$177K
Since last month
Decreased$2K (-1%)
Since last year
Increased$2K (+1.2%)
Since last sale
Increased$91K (+107.5%)
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 +114% in the last 10 years
MonthEstimated value
2026
September 2026$176K
August 2026$177K
July 2026$178K
June 2026$178K
May 2026$178K
April 2026$178K
March 2026$176K
February 2026$175K
January 2026$173K
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
5120 Pappas Dr, Indianapolis, IN
0.02
Single-Family Home
$199,900
07/01/26
3
1
920
5179 Laredo St, Indianapolis, IN
0.05
Single-Family Home
$184,300
06/03/26
3
1
912
5147 Antigua Trl, Indianapolis, IN
0.08
Single-Family Home
$195,000
05/20/26
3
1
1,056
5248 Yucatan Dr, Indianapolis, IN
0.16
Single-Family Home
$162,000
06/22/26
3
1
1,096
5429 Pecos Ct, Indianapolis, IN
0.20
Single-Family Home
$194,900
07/28/26
3
1
912
5249 Straw Hat Dr, Indianapolis, IN
0.31
Single-Family Home
$157,000
03/06/26
3
1
936
5434 Durango Ct, Indianapolis, IN
0.27
Single-Family Home
$195,000
08/24/26
3
1
910
5338 Straw Hat Ct, Indianapolis, IN
0.39
Single-Family Home
$183,000
03/06/26
3
1
936
5223 Bahia Dr, Indianapolis, IN
0.16
Single-Family Home
$195,000
02/27/26
3
1.5
1,112
5511 Lunsford Dr, Indianapolis, IN
0.16
Single-Family Home
$189,990
08/28/26
3
1
956

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
5120 Pappas Dr, Indianapolis, IN 46237
0.02
$199,900
3
1
920
Recently Sold
5138 Laredo St, Indianapolis, IN 46237
0.05
$188,100
2
1
984
Off Market
5050 Pappas Dr, Indianapolis, IN 46237
0.08
$213,200
3
1
1,066
Off Market
5068 S Laredo St, Indianapolis, IN 46237
0.08
$189,500
3
1
1,116
Off Market
5179 Laredo St, Indianapolis, IN 46237
0.05
$184,300
3
1
912
Recently Sold
5168 Laredo St, Indianapolis, IN 46237
0.06
$172,200
3
1
920
Off Market
5118 Gringo Dr, Indianapolis, IN 46237
0.06
$223,000
4
2
1,506
Recently Sold
5147 Antigua Trl, Indianapolis, IN 46237
0.08
$195,000
3
1
1,056
Recently Sold
5209 Laredo St, Indianapolis, IN 46237
0.06
$192,900
3
1.5
912
Off Market
5178 S Laredo St, Indianapolis, IN 46237
0.07
$171,100
3
1
904
Off Market
5119 Gringo Dr, Indianapolis, IN 46237
0.08
$183,700
3
1
962
Off Market
5530 Yucatan Dr, Indianapolis, IN 46237
0.07
$197,500
5
2
1,407
Off Market

Local Information

  • Map ViewExplore the area around 5140 Pappas Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1986
920 sqft
$192/sqft
Garage

About this House

$30 Application for each adult 18 years and over in the home For more properties like this visit GoSection8.com.
5140 Pappas Dr, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 920 sqft single-family home in South Emerson, built in 1986. It last sold for $85,000 on Oct 2, 2001. More recently, it was listed as a rental in February 2014 with an asking price of $800 per month. That rental listing was removed on April 8, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $176,900, with a rent estimate of $1,428/month.

Home Details for 5140 Pappas Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5Types of Rooms: Family Room
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltDeck
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1986Year Updated: 1986
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 8, 2014
Source: Agent Provided
ListingRemoved
$800
Feb 4, 2014
Source: Agent Provided
Listed For Rent
$800
Oct 2, 2001
Source: MIBOR as distributed by MLS GRID #2130941
Sold
$85,000

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 5140 Pappas Dr

  • What is 5140 Pappas Dr estimated to be worth?
    Trulia's estimated value for 5140 Pappas Dr in Indianapolis, IN is $176,900.
  • What is the price history for 5140 Pappas Dr?
    5140 Pappas Dr in Indianapolis, IN last sold for $85,000 in October 2001.
  • 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 5140 Pappas Dr have air conditioning?
    Yes, 5140 Pappas Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 5140 Pappas Dr?
    The lot at 5140 Pappas Dr in Indianapolis, IN is about 0.16 acres (7,187 sq ft).

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