5150 Arling Dr, Indianapolis, IN 46237
Property image
Property image
SOLD
DEC 8, 2025

$340,700

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,240 sqft

5150 Arling Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $2,116/mo*
Refinance Your Home
Currently Off Market - Sold Dec 8, 2025 for $340,000 (1% below list price)

Home Value

Trulia Estimate
$341K
Since last month
Decreased$2K (-0.5%)
Since last year
Decreased$400 (-0.1%)
Since last sale
Increased$2K (+0.5%)
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 +2% in the last 10 years
MonthEstimated value
2026
August 2026$342K
August 2026$342K
July 2026$343K
June 2026$345K
May 2026$344K
April 2026$343K
March 2026$345K
February 2026$343K
January 2026$340K
2025
2024
2023
2022

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
5108 Arling Dr, Indianapolis, IN
0.08
Single-Family Home
$345,000
10/21/25
4
2.5
2,474
5039 Arling Ct, Indianapolis, IN
0.15
Single-Family Home
$360,000
12/29/25
4
3
3,212
5051 Arling Ct, Indianapolis, IN
0.12
Single-Family Home
$325,000
02/13/26
3
2.5
2,025
5162 Arling Dr, Indianapolis, IN
0.02
Single-Family Home
$335,000
07/20/26
3
2.5
2,016
5233 Rum Cherry Way, Indianapolis, IN
0.09
Single-Family Home
$393,000
06/22/26
5
3
2,978
5103 Rum Cherry Way, Indianapolis, IN
0.12
Single-Family Home
$335,000
09/30/25
3
2.5
3,264
5220 Arling Dr, Indianapolis, IN
0.06
Single-Family Home
$291,000
08/14/26
3
2
1,424
5623 Cherry Birch Dr, Indianapolis, IN
0.43
Single-Family Home
$334,900
06/18/26
4
2
2,113

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
5162 Arling Dr, Indianapolis, IN 46237
0.02
$335,000
3
2.5
2,016
Recently Sold
5156 Arling Ct, Indianapolis, IN 46237
0.01
$339,500
3
2.5
2,479
Off Market
3736 Highgate Ct, Indianapolis, IN 46237
0.07
$430,000
4
2.5
4,052
For Sale
5126 Arling Dr, Indianapolis, IN 46237
0.04
$329,000
3
2.5
2,272
Off Market
5126 Arling Ct, Indianapolis, IN 46237
0.04
$326,900
3
2.5
2,278
Off Market
5220 Arling Dr, Indianapolis, IN 46237
0.06
$291,000
3
2
1,424
Recently Sold
5131 Arling Ct, Indianapolis, IN 46237
0.04
$395,600
4
2.5
3,536
Off Market
Address Not Disclosed, Indianapolis, IN 46237
0.08
$346,500
4
2.5
2,474
Off Market
5113 Arling Dr, Indianapolis, IN 46237
0.07
$291,000
3
2
1,627
Off Market
5233 Rum Cherry Way, Indianapolis, IN 46237
0.09
$393,000
5
3
2,978
Recently Sold
5133 Rum Cherry Way, Indianapolis, IN 46237
0.09
$343,400
4
2.5
2,474
Off Market

Local Information

  • Map ViewExplore the area around 5150 Arling Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2020
2,240 sqft
$152/sqft
2 Car Garage
HOA $41/mo

About this House

This is a charming two-story home with a modern design and a welcoming atmosphere. Inside the home is a bright and open floor plan. The main living areas feature beautiful hardwood-style flooring, creating a seamless flow from the entryway to the kitchen. Upstairs, you'll find cozy bedrooms with carpeting and ample natural light from large windows. The bathrooms are clean and well-appointed, featuring modern vanities with quartz countertops, big mirrors, and a full-size tub/shower combo. This home is ready for you to move in and make it your own.
5150 Arling Dr, Indianapolis, IN 46237 is a 4 bedroom, 3 bathroom, 2,240 sqft single-family home in South Emerson, built in 2020. It last sold for $340,000 on Dec 8, 2025 (1% below the $345,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $340,700, with a rent estimate of $2,400/month.
Last check for updates: about 4 hours ago
Listed by Kap Lian
Keller Williams Indy Metro S
Bought with: Sydney Tilford, CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID, MLS#22058029

Home Details for 5150 Arling Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
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: 2240 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, MicroHood, Electric Oven, RefrigeratorDishwasherRefrigerator
Heating & Cooling
Heating: Electric,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Foundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Concrete
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 47

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl With BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491505135009036500

Price & Status

Price
List Price: $345,000Price Per Sqft: $152/sqft
Status Change & Dates
Off Market Date: Mon Oct 06 2025Possession Timing: Close Of Escrow

Location

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

Building

Building Area
Building Area: 2240 Square Feet

HOA

HOA Phone: 317-541-0000Has an HOAHOA Fee: $495/Annually

Lot Information

Lot Area: 8712 sqft

Miscellaneous

Mls Number: 22058029

Price and Tax history

DateEventPrice
Dec 8, 2025
Source: MIBOR as distributed by MLS GRID #22058029
Sold
$340,000
Oct 7, 2025
Source: MIBOR as distributed by MLS GRID #22058029
Pending
$345,000
Aug 21, 2025
Source: MIBOR as distributed by MLS GRID #22058029
Listed For Sale
$345,000
Mar 3, 2021
Source: N/A
Sold
$247,794

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
4MoM

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

Based on information submitted to the MLS GRID as of 2026-09-03 13:03:16 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 5150 Arling Dr

  • What is 5150 Arling Dr estimated to be worth?
    Trulia's estimated value for 5150 Arling Dr in Indianapolis, IN is $340,700.
  • What is the price history for 5150 Arling Dr?
    5150 Arling Dr in Indianapolis, IN last sold for $340,000 in December 2025.
  • 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 5150 Arling Dr have air conditioning?
    Yes, 5150 Arling Dr in Indianapolis, IN has air conditioning.
  • Does 5150 Arling Dr have laundry facilities?
    Yes, 5150 Arling Dr in Indianapolis, IN has laundry facilities.

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