5161 Arling Dr, Indianapolis, IN 46237
OFF MARKET

5161 Arling Dr
Indianapolis, IN 46237

South Emerson
  • 5 Beds
  • 3.5 Baths
  • 2,982 sqft

$390,100

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,401/mo*
Refinance Your Home

$390,100

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $2,401/mo*
Refinance Your Home
5 Beds
3.5 Baths
2,982 sqft

Home Value

Trulia Estimate
$390K
Since last month
Increased$800 (+0.2%)
Since last year
Decreased$4K (-1%)
Since last sale
Increased$86K (+28.5%)
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 decreased by -3% in the last 10 years
MonthEstimated value
2026
August 2026$390K
July 2026$386K
June 2026$389K
May 2026$389K
April 2026$391K
March 2026$388K
February 2026$385K
January 2026$378K
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
5233 Rum Cherry Way, Indianapolis, IN
0.10
Single-Family Home
$393,000
06/22/26
5
3
2,978
5150 Arling Dr, Indianapolis, IN
0.02
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
5303 Rum Cherry Way, Indianapolis, IN
0.13
Single-Family Home
$354,000
10/07/25
4
2.5
2,973
5108 Arling Dr, Indianapolis, IN
0.06
Single-Family Home
$345,000
10/21/25
4
2.5
2,474
5039 Arling Ct, Indianapolis, IN
0.13
Single-Family Home
$360,000
12/29/25
4
3
3,212
5103 Rum Cherry Way, Indianapolis, IN
0.12
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
3224 Prague Rd, Indianapolis, IN
0.33
Single-Family Home
$303,000
08/15/25
4
2.5
2,751
5051 Arling Ct, Indianapolis, IN
0.11
Single-Family Home
$325,000
02/13/26
3
2.5
2,025
5015 Cordia Ct, Indianapolis, IN
0.26
Single-Family Home
$463,000
03/31/26
5
3.5
4,551

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
5126 Arling Dr, Indianapolis, IN 46237
0.02
$330,900
3
2.5
2,272
Off Market
5126 Arling Ct, Indianapolis, IN 46237
0.02
$324,900
3
2.5
2,278
Off Market
Address Not Disclosed, Indianapolis, IN 46237
0.06
$345,000
4
2.5
2,474
Recently Sold
5113 Arling Dr, Indianapolis, IN 46237
0.06
$293,100
3
2
1,627
Off Market
5131 Arling Ct, Indianapolis, IN 46237
0.04
$399,700
4
2.5
3,536
Off Market
5150 Arling Dr, Indianapolis, IN 46237
0.02
$340,000
4
2.5
2,240
Recently Sold
5156 Arling Ct, Indianapolis, IN 46237
0.03
$337,600
3
2.5
2,479
Off Market
5162 Arling Dr, Indianapolis, IN 46237
0.04
$335,000
3
2.5
2,016
Recently Sold
5051 Arling Ct, Indianapolis, IN 46237
0.11
$325,000
3
2.5
2,025
Recently Sold
5133 Rum Cherry Way, Indianapolis, IN 46237
0.09
$345,400
4
2.5
2,474
Off Market
5103 Rum Cherry Way, Indianapolis, IN 46237
0.12
$336,700
3
2.5
3,264
Off Market
5039 Arling Ct, Indianapolis, IN 46237
0.13
$360,000
4
3
3,212
Recently Sold

Local Information

  • Map ViewExplore the area around 5161 Arling Dr.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2020
Living Area
2,982 sqft
Price/Sqft
$131
Parking
Garage

About this House

This single-family home is located at 5161 Arling Dr, Indianapolis, IN. 5161 Arling Dr is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 5 bedrooms, 4 bathrooms and approximately 2,982 sqft of floor space. This property has a lot size of 10424 sqft and was built in 2020.
5161 Arling Dr, Indianapolis, IN 46237 is a 5 bedroom, 4 bathroom, 2,982 sqft single-family home in South Emerson, built in 2020. It last sold for $303,682 on Nov 10, 2020. It is currently off market. The Trulia Estimate is $390,100, with a rent estimate of $2,936/month.

Home Details for 5161 Arling Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Interior Details
Types of Rooms: Walk In Closet
Appliances & Utilities
Cable ReadyDishwasherDisposalMicrowave
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: 10423 sqft

Price and Tax history

DateEventPrice
Nov 10, 2020
Source: MIBOR as distributed by MLS GRID #21735855
Sold
$303,682
Jul 9, 2020
Source: N/A
Sold
$58,000

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
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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

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Homes for sale near 5161 Arling Dr

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Off Market Homes Near 5161 Arling Dr

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Frequently asked questions about 5161 Arling Dr

  • What is 5161 Arling Dr estimated to be worth?
    Trulia's estimated value for 5161 Arling Dr in Indianapolis, IN is $390,100.
  • What is the price history for 5161 Arling Dr?
    5161 Arling Dr in Indianapolis, IN last sold for $303,682 in November 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 $242K.
  • Does 5161 Arling Dr have air conditioning?
    Yes, 5161 Arling Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 5161 Arling Dr?
    The lot at 5161 Arling Dr in Indianapolis, IN is about 0.24 acres (10,424 sq ft).