5218 Padre Ln
Indianapolis, IN 46237
South Emerson- 4 Beds
- 1.5 Baths
- 1,512 sqft (on 0.29 acres)
$229,000
Last Sold: Feb 27, 2026
0% below list $230K
$151/sqft
Est. Refi. Payment $1,423/mo*
$229,000
Last Sold: Feb 27, 2026
0% below list $230K
$151/sqft
Est. Refi. Payment $1,423/mo*
4 Beds
1.5 Baths
1,512 sqft
(on 0.29 acres)
Local Information
-- mins to
Description
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. It is currently off market. The Trulia Estimate is $231,700, with a rent estimate of $1,825/month.
Home Highlights
Parking
1 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$151/sqft
Listed
180+ days ago
Home Details for 5218 Padre Ln
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MLS Status: Sold |
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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 |
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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 |
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Cumulative Days on Market: 159 |
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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 |
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Price List Price: $229,900Price Per Sqft: $151/sqft |
Status Change & Dates Off Market Date: Thu Jan 29 2026Possession Timing: Close Of Escrow |
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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 |
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Building Area Building Area: 1512 Square Feet |
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No HOA |
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Lot Area: 0.29 acres |
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BasementMls Number: 22076562Attic: Access Only |
Last check for updates: about 15 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

Price History for 5218 Padre Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 02/27/2026 | $229,000 | Sold | MIBOR as distributed by MLS GRID #22076562 |
| 01/29/2026 | $229,900 | Pending | MIBOR as distributed by MLS GRID #22076562 |
| 12/12/2025 | $229,900 | Listed For Sale | MIBOR as distributed by MLS GRID #22076562 |
| 11/14/2025 | $259,900 | ListingRemoved | MIBOR as distributed by MLS GRID #22053261 |
| 11/11/2025 | $259,900 | PriceChange | MIBOR as distributed by MLS GRID #22053261 |
| 09/09/2025 | $264,900 | PriceChange | MIBOR as distributed by MLS GRID #22053261 |
| 08/25/2025 | $267,900 | PriceChange | MIBOR as distributed by MLS GRID #22053261 |
| 08/10/2025 | $269,900 | PriceChange | MIBOR as distributed by MLS GRID #22053261 |
| 07/28/2025 | $276,500 | Listed For Sale | MIBOR as distributed by MLS GRID #22053261 |
| 04/10/2007 | $73,000 | Sold | MIBOR as distributed by MLS GRID #2700481 |
Market trends in Indianapolis
Last updated June 2026
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,181 |
| Assessment | $243,900 |
Home facts updated by county records
Comparable Sales for 5218 Padre Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $215,000 | 11/07/25 | 3 | 1.5 | 1,216 | |
0.09 | Single-Family Home | $210,000 | 03/13/26 | 3 | 1.5 | 1,064 | |
0.26 | Single-Family Home | $224,500 | 02/04/26 | 4 | 1.5 | 1,190 | |
0.09 | Single-Family Home | $202,000 | 12/08/25 | 3 | 1.5 | 1,064 | |
0.21 | Single-Family Home | $218,000 | 09/12/25 | 3 | 1.5 | 1,056 | |
0.20 | Single-Family Home | $176,000 | 08/11/25 | 3 | 1.5 | 1,064 | |
0.22 | Single-Family Home | $195,000 | 11/20/25 | 3 | 1.5 | 1,060 | |
0.45 | Single-Family Home | $201,500 | 01/28/26 | 4 | 1.5 | 1,368 | |
0.29 | Single-Family Home | $219,900 | 02/13/26 | 3 | 1.5 | 1,818 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5218 Padre Ln.
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
44 % 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.
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Apartments for Rent
Homes for sale near 5218 Padre Ln
Off Market Homes Near 5218 Padre Ln

Based on information submitted to the MLS GRID as of 2026-07-18 06:33:13 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

