5162 Arling Dr, Indianapolis, IN 46237
FOR SALE
0.32 ACRES

5162 Arling Dr
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 2.5 Baths
  • 2,016 sqft (on 0.32 acres)

$340,000

Est. Mortgage $2,087/mo*

$340,000

Est. Mortgage $2,087/mo*
3 Beds
2.5 Baths
2,016 sqft
(on 0.32 acres)
We estimate this home will sell faster than 86% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to 5162 Arling Drive, Indianapolis, IN 46237 - a nearly new, modern home packed with tasteful upgrades and thoughtful design. Built six years ago, this residence blends contemporary curb appeal with low-maintenance finishes and move-in-ready condition. Inside, an open floor plan showcases bright living spaces, an upgraded kitchen with modern fixtures, and designer touches throughout. Upstairs features three comfortable bedrooms and a spacious loft-an ideal retreat for relaxation, a home office, or media area. The backyard is an entertainer's dream, featuring a customized covered porch that extends your living space outdoors for dining, lounging, and year-round enjoyment. Landscaped grounds and a private yard complete the outdoor experience. You don't want to miss this wonderful home! Book a tour today.
We estimate this home will sell faster than 86% nearby.

Home Highlights

Parking
2 Car Garage
Outdoor
Yes
A/C
Heating & Cooling
HOA
$42/Monthly
Price/Sqft
$169
Listed
13 days ago

Home Details for 5162 Arling Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Breakfast Room, Dining Room, Kitchen, Living Room, Loft
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2016 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, WasherDishwasherDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living RoomHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
Security
Security: Security System Owned, See Remarks

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFencing: Fenced, FullFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 11Days on Market: 13

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Craftsman
Building
Construction Materials: Brick, Wood Siding, Vinyl With BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491505135009034500

Price & Status

Price
List Price: $340,000Price Per Sqft: $169
Status Change & Dates
Possession Timing: Close Of Escrow, Negotiable

Location

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

Agent Information

Listing Agent
Listing ID: 22096118

Building

Building Details
Builder Name: Fischer Homes
Building Area
Building Area: 2016 Square Feet

HOA

Has an HOAHOA Fee: $500/Annually

Lot Information

Lot Area: 0.32 acres

Miscellaneous

Mls Number: 22096118
Last check for updates: about 1 hour ago
Listing Provided by: Tamika Patterson
BLK Key Realty
Source: MIBOR as distributed by MLS GRID, MLS#22096118

Price History for 5162 Arling Dr

DatePriceEventSource
04/23/2026$340,000Listed For SaleMIBOR as distributed by MLS GRID #22096118
02/08/2021$255,275Sold
N/A

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Property Tax and Assessment

Year2024
Tax$4,168
Assessment$357,500
Home facts updated by county records

Comparable Sales for 5162 Arling Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Single-Family Home
$340,000
12/08/25
4
2.5
2,240
0.15
Single-Family Home
$325,000
02/13/26
3
2.5
2,025
0.14
Single-Family Home
$335,000
09/30/25
3
2.5
3,264
0.10
Single-Family Home
$345,000
10/21/25
4
2.5
2,474
0.39
Single-Family Home
$229,000
09/08/25
3
1.5
2,050
0.31
Single-Family Home
$280,000
09/12/25
3
2.5
1,879
0.40
Single-Family Home
$222,260
09/24/25
3
1.5
2,100
0.22
Single-Family Home
$275,000
08/08/25
2
2
1,904
0.13
Single-Family Home
$263,500
02/13/26
2
2
1,647

Assigned Schools

These are the assigned schools for 5162 Arling Dr.
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 84 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

  • 75 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 49 % Say people would walk alone at night

  • 44 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 34 % 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

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

Tamika Patterson, BLK Key Realty
Based on information submitted to the MLS GRID as of 2026-05-06 12:33:03 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
5162 Arling Dr, Indianapolis, IN 46237 is a 3 bedroom, 3 bathroom, 2,016 sqft single-family home built in 2020. 5162 Arling Dr is located in South Emerson, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 23, 2026. The MLS # for this home is MLS# 22096118.