5218 Padre Ln, Indianapolis, IN 46237
Property image
Property image
SOLD
FEB 27, 2026

$229,200

Trulia Estimate
  • 4 Beds
  • 1.5 Baths
  • 1,512 sqft (on 0.29 acres)

5218 Padre Ln, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,493/mo*
Refinance Your Home
Currently Off Market - Sold Feb 27, 2026 for $229,000 (0% below list price)

Home Value

Trulia Estimate
$229K
Since last month
Increased$2K (+0.8%)
Since last year
Decreased$28K (-10.9%)
Since last sale
Increased$3K (+1.2%)
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 +90% in the last 10 years
MonthEstimated value
2026
September 2026$232K
August 2026$230K
July 2026$232K
June 2026$232K
May 2026$231K
April 2026$230K
March 2026$230K
February 2026$229K
January 2026$224K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
5304 Wagon Wheel Ct, Indianapolis, IN
0.22
Single-Family Home
$215,000
11/07/25
3
1.5
1,216
5207 Palisade Way, Indianapolis, IN
0.09
Single-Family Home
$210,000
03/13/26
3
1.5
1,064
5240 Chisolm Trl, Indianapolis, IN
0.26
Single-Family Home
$224,500
02/04/26
4
1.5
1,190
5218 Palisade Way, Indianapolis, IN
0.09
Single-Family Home
$202,000
12/08/25
3
1.5
1,064
5120 S Bancroft St, Indianapolis, IN
0.27
Single-Family Home
$225,000
07/14/26
3
1.5
1,341
5331 Yucatan Dr, Indianapolis, IN
0.22
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
5505 Chisolm Trl, Indianapolis, IN
0.45
Single-Family Home
$201,500
01/28/26
4
1.5
1,368
5415 Wagon Wheel Trl, Indianapolis, IN
0.29
Single-Family Home
$219,900
02/13/26
3
1.5
1,818
4921 Candy Spots Dr, Indianapolis, IN
0.48
Single-Family Home
$254,900
04/22/26
4
2
1,836

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
5234 Padre Ln, Indianapolis, IN 46237
0.05
$195,300
3
1
1,016
Off Market
5218 Palisade Way, Indianapolis, IN 46237
0.09
$202,000
3
1.5
1,064
Recently Sold
5207 Palisade Way, Indianapolis, IN 46237
0.09
$210,000
3
1.5
1,064
Recently Sold
5226 Palisade Way, Indianapolis, IN 46237
0.11
$229,000
3
1.5
1,064
Off Market
5224 Palisade Ct, Indianapolis, IN 46237
0.13
$210,700
3
1
984
Off Market
5240 Palisade Way, Indianapolis, IN 46237
0.14
$221,500
3
1
1,320
Off Market
5323 Padre Ln, Indianapolis, IN 46237
0.11
$207,900
3
1
912
Off Market
5221 Palisade Ct, Indianapolis, IN 46237
0.16
$217,000
3
2
1,332
Off Market
5234 Straw Hat Dr, Indianapolis, IN 46237
0.15
$227,000
3
2
1,344
Off Market
5305 Palisade Way, Indianapolis, IN 46237
0.18
$201,900
3
1
1,016
Off Market
5249 Straw Hat Dr, Indianapolis, IN 46237
0.19
$157,000
3
1
936
Recently Sold

Local Information

  • Map ViewExplore the area around 5218 Padre Ln.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1982
0.29 acre lot
1,512 sqft
$151/sqft
1 Car Garage

About this House

What's unique:Mini-barn and loftCozy wood-burning stoveLarge fenced backyard
This charming home on a cul-de-sac features vaulted ceilings in the great room, creating an open feel that connects to the kitchen. The great room also includes a cozy wood-burning stove for added warmth and ambiance. The second floor has three bedrooms and a bathroom with a tub/shower, while the master bedroom offers two closets. The finished lower level has barn wood and includes a spacious 22 x 13 room plus an 8 x 9 bedroom. Enjoy the large fenced backyard with a mini-barn and loft, as well as a poured patio, perfect for outdoor gatherings. This home is vacant and ready for you to move in!
5218 Padre Ln, Indianapolis, IN 46237 is a 4 bedroom, 2 bathroom, 1,512 sqft single-family home in South Emerson, built in 1982. It last sold for the $229,900 asking price on Feb 27, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $229,200, with a rent estimate of $1,743/month.
Last check for updates: about 3 hours ago
Listed by Emily Brewer
Redfin Corporation
Bought with: Matt Tedpahogo, Jeneene West Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22076562

Home Details for 5218 Padre Ln

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1512 Square Feet
Appliances & Utilities
Appliances: Microwave, Electric Oven, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: Baseboard,ElectricHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Levels: Tri-Level

Exterior Features

Exterior Home Features
Patio / Porch: PatioFoundation: Slab
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 159

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491503127019000300

Price & Status

Price
List Price: $229,900Price Per Sqft: $151/sqft
Status Change & Dates
Off Market Date: Thu Jan 29 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Arlington Acres North
School Information
Jr High / Middle School: Franklin County Middle SchoolHigh School: Franklin County HighHigh School District: Franklin County Community Sch Corp

Building

Building Area
Building Area: 1512 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.29 acres

Miscellaneous

BasementMls Number: 22076562Attic: Access Only

Price and Tax history

DateEventPrice
Feb 27, 2026
Source: MIBOR as distributed by MLS GRID #22076562
Sold
$229,000
Jan 29, 2026
Source: MIBOR as distributed by MLS GRID #22076562
Pending
$229,900
Dec 12, 2025
Source: MIBOR as distributed by MLS GRID #22076562
Listed For Sale
$229,900
Nov 14, 2025
Source: MIBOR as distributed by MLS GRID #22053261
ListingRemoved
$259,900
Nov 11, 2025
Source: MIBOR as distributed by MLS GRID #22053261
PriceChange
$259,900
Price decreased by 2%

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

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 2026-09-22 13:18:02 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 5218 Padre Ln

  • What is 5218 Padre Ln estimated to be worth?
    Trulia's estimated value for 5218 Padre Ln in Indianapolis, IN is $229,200.
  • What is the price history for 5218 Padre Ln?
    5218 Padre Ln in Indianapolis, IN last sold for $229,000 in February 2026.
  • 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 $257K. That is up $6.7K from the prior month.
  • Does 5218 Padre Ln have air conditioning?
    Yes, 5218 Padre Ln in Indianapolis, IN has air conditioning.
  • Does 5218 Padre Ln have laundry facilities?
    Yes, 5218 Padre Ln in Indianapolis, IN has laundry facilities.

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