5156 Arling Dr, Indianapolis, IN 46237
OFF MARKET

$344,100

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,479 sqft

5156 Arling Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $2,239/mo*
Refinance Your Home
Currently Off Market - Sold Dec 30, 2020 for $290,468

Home Value

Trulia Estimate
$344K
Since last month
Increased$900 (+0.3%)
Since last year
Decreased$2K (-0.5%)
Since last sale
Increased$55K (+18.9%)
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 decreased by -7% in the last 10 years
MonthEstimated value
2026
October 2026$345K
September 2026$345K
August 2026$346K
July 2026$347K
June 2026$349K
May 2026$349K
April 2026$351K
March 2026$349K
February 2026$347K
January 2026$342K
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
5150 Arling Dr, Indianapolis, IN
0.02
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
5162 Arling Dr, Indianapolis, IN
0.04
Single-Family Home
$335,000
07/20/26
3
2.5
2,016
Address Not Disclosed, 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
5220 Arling Dr, Indianapolis, IN
0.08
Single-Family Home
$291,000
08/14/26
3
2
1,424
5039 Arling Ct, Indianapolis, IN
0.13
Single-Family Home
$360,000
12/29/25
4
3
3,212
3810 Cherry Blossom Blvd, Indianapolis, IN
0.26
Single-Family Home
$290,000
06/16/26
3
2
1,596
5233 Rum Cherry Way, Indianapolis, IN
0.10
Single-Family Home
$393,000
06/22/26
5
3
2,978
5312 Oak Harbor Ct, Indianapolis, IN
0.16
Single-Family Home
$260,000
06/12/26
2
2
1,669
5516 Cherry Birch Dr, Indianapolis, IN
0.36
Single-Family Home
$285,000
06/30/26
3
2.5
1,865

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
5138 Arling Dr, Indianapolis, IN 46237
0.00
$360,400
3
2.5
3,234
Off Market
5161 Arling Dr, Indianapolis, IN 46237
0.00
$383,800
5
3.5
2,982
Off Market
5214 Arling Dr, Indianapolis, IN 46237
0.00
$315,300
3
2.5
2,259
Off Market
5225 Arling Dr, Indianapolis, IN 46237
0.00
$342,100
4
2.5
2,459
Off Market
5202 Arling Dr, Indianapolis, IN 46237
0.00
$342,300
4
3
2,480
Off Market
5132 Arling Dr, Indianapolis, IN 46237
0.01
$351,900
5
3
2,799
Off Market
5144 Arling Dr, Indianapolis, IN 46237
0.01
$343,100
4
3
2,480
Off Market
5150 Arling Dr, Indianapolis, IN 46237
0.02
$347,100
4
2.5
2,240
Off Market
5126 Arling Dr, Indianapolis, IN 46237
0.02
$327,100
3
2.5
2,272
Off Market
5126 Arling Ct, Indianapolis, IN 46237
0.02
$325,300
3
2.5
2,278
Off Market
5156 Arling Ct, Indianapolis, IN 46237
0.03
$338,600
3
2.5
2,479
Off Market
5120 Arling Dr, Indianapolis, IN 46237
0.03
$333,600
4
3
2,396
Off Market
5137 Arling Dr, Indianapolis, IN 46237
0.04
$282,000
2
2
1,648
Off Market
5131 Arling Dr, Indianapolis, IN 46237
0.04
$371,000
4
2.5
3,536
Off Market
5131 Arling Ct, Indianapolis, IN 46237
0.04
$397,700
4
2.5
3,536
Off Market
5151 Arling Dr, Indianapolis, IN 46237
0.04
$361,400
5
3
2,854
Off Market
5125 Arling Dr, Indianapolis, IN 46237
0.04
$297,700
3
2
1,632
Off Market
5162 Arling Dr, Indianapolis, IN 46237
0.04
$335,000
3
2.5
2,016
Recently Sold
5114 Arling Dr, Indianapolis, IN 46237
0.05
$341,500
4
3
2,800
Off Market
5119 Arling Dr, Indianapolis, IN 46237
0.05
$360,900
4
2.5
2,989
Off Market

Local Information

  • Map ViewExplore the area around 5156 Arling Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2020
2,479 sqft
$139/sqft
Garage

About this House

This single-family home is located at 5156 Arling Dr, Indianapolis, IN. 5156 Arling Dr is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 3 bathrooms and approximately 2,479 sqft of floor space. This property has a lot size of 10018 sqft and was built in 2020.
5156 Arling Dr, Indianapolis, IN 46237 is a 3 bedroom, 3 bathroom, 2,479 sqft single-family home in South Emerson, built in 2020. It last sold for $290,468 on Dec 30, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $344,100, with a rent estimate of $2,479/month.

Home Details for 5156 Arling Dr

Interior Features

Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet
Appliances & Utilities
Cable ReadyDishwasherDisposalMicrowaveRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl, Brick, Cement ConcretePatioPorch
Parking & Garage
GarageParking: Garage Attached

Property Information

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

Lot Information

Lot Area: 10018 sqft

Price and Tax history

DateEventPrice
Dec 30, 2020
Source: N/A
Sold
$290,468

Market trends in Indianapolis

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$253K
$2.33KMoM
Sale-to-List Price
99.2%
0.3%MoM
Price per sq ft
$142
$1MoM
Available listings
4258
11MoM
Sourced by Trulia Market Trends

Around this home

Neighborhood Overview

South Emerson
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Emerson

This October

Trick-or-Treat Score

Built from what locals say about South Emerson.
  • 69% say there are sidewalks
  • 68% say there's holiday spirit
  • 50% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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 5156 Arling Dr

  • What is 5156 Arling Dr estimated to be worth?
    Trulia's estimated value for 5156 Arling Dr in Indianapolis, IN is $344,100.
  • What is the price history for 5156 Arling Dr?
    5156 Arling Dr in Indianapolis, IN last sold for $290,468 in December 2020.
  • 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 $253K. That is up $2.33K from the prior month.
  • Does 5156 Arling Dr have air conditioning?
    Yes, 5156 Arling Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 5156 Arling Dr?
    The lot at 5156 Arling Dr in Indianapolis, IN is about 0.23 acres (10,018 sq ft).

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