5151 Arling Dr, Indianapolis, IN 46237
OFF MARKET

5151 Arling Dr
Indianapolis, IN 46237

South Emerson
  • 5 Beds
  • 3 Baths
  • 2,854 sqft

$364,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,250/mo*
Refinance Your Home

$364,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,250/mo*
Refinance Your Home
5 Beds
3 Baths
2,854 sqft

Local Information

  • Map ViewExplore the area around 5151 Arling Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2020
Living Area
2,854 sqft
Price/Sqft
$128
Parking
Garage

About this House

This single-family home is located at 5151 Arling Dr, Indianapolis, IN. 5151 Arling Dr is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 5 bedrooms, 3 bathrooms and approximately 2,854 sqft of floor space. This property has a lot size of 9801 sqft and was built in 2020.
5151 Arling Dr, Indianapolis, IN 46237 is a 5 bedroom, 3 bathroom, 2,854 sqft single-family home in South Emerson, built in 2020. It last sold for $265,960 on Feb 11, 2021. It is currently off market. The Trulia Estimate is $364,700, with a rent estimate of $2,715/month.

Home Details for 5151 Arling Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Interior Details
Types of Rooms: Family Room

Exterior Features

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

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 9801 sqft

Price History for 5151 Arling Dr

DatePriceEventSource
02/11/2021$265,960Sold
N/A

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$4,480
Assessment$385,200
Home facts updated by county records

Comparable Sales for 5151 Arling Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5233 Rum Cherry Way, Indianapolis, IN
0.07
Single-Family Home
$393,000
06/22/26
5
3
2,978
5150 Arling Dr, Indianapolis, IN
0.03
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
5303 Rum Cherry Way, Indianapolis, IN
0.10
Single-Family Home
$354,000
10/07/25
4
2.5
2,973
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
0.14
Single-Family Home
$360,000
12/29/25
4
3
3,212
5103 Rum Cherry Way, Indianapolis, IN
0.10
Single-Family Home
$335,000
09/30/25
3
2.5
3,264
5162 Arling Dr, Indianapolis, IN
0.04
Single-Family Home
$335,000
07/20/26
3
2.5
2,016
3232 Saint Jude Dr, Indianapolis, IN
0.36
Single-Family Home
$246,000
08/11/25
5
2.5
2,429
5051 Arling Ct, Indianapolis, IN
0.12
Single-Family Home
$325,000
02/13/26
3
2.5
2,025
3224 Prague Rd, Indianapolis, IN
0.37
Single-Family Home
$303,000
08/15/25
4
2.5
2,751

Nearby homes

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Assigned Schools

These are the assigned schools for 5151 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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Homes for sale near 5151 Arling Dr

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Off Market Homes Near 5151 Arling Dr

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Frequently asked questions about 5151 Arling Dr

  • What is 5151 Arling Dr estimated to be worth?
    Trulia's estimated value for 5151 Arling Dr in Indianapolis, IN is $364,700.
  • What is the price history for 5151 Arling Dr?
    5151 Arling Dr in Indianapolis, IN last sold for $265,960 in February 2021.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $243K. That is up $9.18K from the prior month.
  • Does 5151 Arling Dr have air conditioning?
    Yes, 5151 Arling Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 5151 Arling Dr?
    The lot at 5151 Arling Dr in Indianapolis, IN is about 0.23 acres (9,801 sq ft).