5148 Waybridge Ln, Indianapolis, IN 46237
Property image
Property image
FOR SALE

5148 Waybridge Ln
Indianapolis, IN 46237

South Emerson
  • 2 Beds
  • 2 Baths
  • 1,326 sqft

$212,500

Original price: $222,499
Est. Mortgage $1,587/mo*

$212,500

Original price: $222,499
Est. Mortgage $1,587/mo*
2 Beds
2 Baths
1,326 sqft
We estimate this home will sell faster than 88% nearby.

Home Highlights

Parking
1 Car Garage
Outdoor
Patio
Climate Control
Heating & Cooling
HOA
$245/Monthly
Price/Sqft
$160
Listed
70 days ago

Local Information

  • Map ViewExplore the area around 5148 Waybridge Ln.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Enjoy carefree living in one of Franklin Township's most desirable low-maintenance communities. This beautifully maintained 2-bedroom, 2-bath ranch offers vaulted ceilings, abundant natural light, a spacious sunroom, and a private patio perfect for morning coffee or relaxing evenings. The HOA takes care of lawn care, snow removal, and exterior maintenance so you can spend more time enjoying life. Located just minutes from shopping, restaurants, and interstate access, this home is ideal for downsizers, busy professionals, or anyone looking for easy one-level living.
We estimate this home will sell faster than 88% nearby.

Home Details for 5148 Waybridge Ln

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Kitchen, Living Room, Sun Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1326 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, WasherDishwasherDisposalDryerLaundry: Laundry ClosetMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas Log, Living Room, MasonryHas a Fireplace
Windows, Doors, Floors & Walls
Window: Wood Work Painted
Levels, Entrance, & Accessibility
Stories: 1Levels: One
Security
Security: Smoke Detector(s), Security System Owned

Exterior Features

Exterior Home Features
Patio / Porch: PatioFoundation: Slab
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Parking Other(Finished Garage, Keyless Entry)No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 63Days on Market: 70

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch,Traditional
Building
Construction Materials: BrickNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 491510104010000300

Price & Status

Price
List Price: $212,500Price Per Sqft: $160
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Emerson Woods
School Information
High School District: Franklin Township Com Sch Corp

Agent Information

Listing Agent
Listing ID: 22105278

Building

Building Area
Building Area: 1326 Square Feet

HOA

HOA Fee Includes: Association Home Owners, Maintenance Grounds, Snow RemovalHOA Phone: 317-570-4358Has an HOAHOA Fee: $245/Monthly

Lot Information

Lot Area: 3920.4 sqft

Miscellaneous

Mls Number: 22105278

Additional Information

HOA Amenities: Snow Removal,Maintenance Grounds
Last check for updates: about 8 hours ago
Listing Provided by: Kelly McLaughlin, (317) 534-7010
Mad Chase Real Estate
Source: MIBOR as distributed by MLS GRID, MLS#22105278

Market trends in Indianapolis

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

Price History for 5148 Waybridge Ln

DatePriceEventSource
07/18/2026$212,500PriceChange
MIBOR as distributed by MLS GRID #22105278
07/13/2026$222,499PriceChange
MIBOR as distributed by MLS GRID #22105278
06/01/2026$222,500Listed For SaleMIBOR as distributed by MLS GRID #22105278
04/27/2018$147,500Sold
MIBOR as distributed by MLS GRID #21551322
03/19/2018$150,000PendingAgent Provided
03/15/2018$150,000Listed For SaleAgent Provided
07/15/2014$125,000Sold
N/A
06/25/2014$129,900PendingAgent Provided
05/09/2014$129,900Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$1,817
Assessment$216,100
Home facts updated by county records

Comparable Sales for 5148 Waybridge Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$225,000
06/18/26
2
2
1,654
0.12
Single-Family Home
$307,000
06/12/26
3
2
1,888
0.79
Single-Family Home
$219,900
12/12/25
2
2
1,376
0.86
Single-Family Home
$213,400
08/22/25
2
2
1,376
0.94
Single-Family Home
$204,000
05/27/26
2
2
1,138
0.53
Single-Family Home
$349,990
11/04/25
3
2
1,533
0.95
Single-Family Home
$220,000
12/09/25
2
2
1,340
0.20
Single-Family Home
$365,000
06/01/26
4
3
1,965
0.39
Single-Family Home
$333,000
03/06/26
3
2
2,057
0.30
Single-Family Home
$279,000
12/04/25
3
2.5
1,948

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 5148 Waybridge Ln.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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
    "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. "
  • 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

Frequently asked questions about 5148 Waybridge Ln

  • What is the estimated monthly payment for 5148 Waybridge Ln?
    Based on a $212,500 list price with 20% down at today's rates, the estimated monthly payment for 5148 Waybridge Ln in Indianapolis, IN is approximately $1,358 (about $1,113 principal & interest, $170 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5148 Waybridge Ln compare to homes in Indianapolis?
    5148 Waybridge Ln in Indianapolis, IN is listed at $212,500, about 12% below the $243K median sale price in Indianapolis.
  • What do residents say about the South Emerson neighborhood?
    Residents describe the South Emerson neighborhood in Indianapolis, IN as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in South Emerson, Indianapolis.
  • What are the closest schools to 5148 Waybridge Ln?
    The closest schools to 5148 Waybridge Ln in Indianapolis, IN are Bunker Hill Elementary School (rated 5/10), Edgewood Intermediate School (Elementary, rated 5/10), Franklin Central High School (rated 9/10).
  • Does 5148 Waybridge Ln have air conditioning?
    Yes, 5148 Waybridge Ln in Indianapolis, IN has air conditioning.
  • Does 5148 Waybridge Ln have laundry facilities?
    Yes, 5148 Waybridge Ln in Indianapolis, IN has in-unit laundry.
Kelly McLaughlin, Mad Chase Real Estate
Agent Phone: (317) 534-7010
Based on information submitted to the MLS GRID as of 2026-08-10 00:47:57 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
5148 Waybridge Ln, Indianapolis, IN 46237 is a 2 bedroom, 2 bathroom, 1,326 sqft single-family home built in 1997. 5148 Waybridge Ln is located in South Emerson, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 1, 2026. The MLS # for this home is MLS# 22105278.