5227 Padre Ln, Indianapolis, IN 46237
OFF MARKET

$141,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 910 sqft

5227 Padre Ln, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $927/mo*
Refinance Your Home

Home Value

Trulia Estimate
$141K
Since last month
Decreased$2K (-1.1%)
Since last year
Increased$300 (+0.2%)
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 +68% in the last 10 years
MonthEstimated value
2026
August 2026$141K
August 2026$140K
July 2026$143K
June 2026$144K
May 2026$147K
April 2026$148K
March 2026$148K
February 2026$145K
January 2026$142K
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
5207 Palisade Way, Indianapolis, IN
0.05
Single-Family Home
$210,000
03/13/26
3
1.5
1,064
5331 Yucatan Dr, Indianapolis, IN
0.17
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
5304 Wagon Wheel Ct, Indianapolis, IN
0.18
Single-Family Home
$215,000
11/07/25
3
1.5
1,216
5427 Straw Hat Dr, Indianapolis, IN
0.32
Single-Family Home
$179,500
12/23/25
3
1.5
936
5249 Straw Hat Dr, Indianapolis, IN
0.15
Single-Family Home
$157,000
03/06/26
3
1
936
5240 Chisolm Trl, Indianapolis, IN
0.22
Single-Family Home
$224,500
02/04/26
4
1.5
1,190
5218 Palisade Way, Indianapolis, IN
0.05
Single-Family Home
$202,000
12/08/25
3
1.5
1,064
5261 Cactus Ct, Indianapolis, IN
0.31
Single-Family Home
$210,000
10/08/25
3
1.5
1,160
5334 Straw Hat Ct, Indianapolis, IN
0.32
Single-Family Home
$184,900
05/06/26
3
1.5
960
5218 Padre Ln, Indianapolis, IN
0.05
Single-Family Home
$229,000
02/27/26
4
1.5
1,512

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
0.04
$195,800
3
1
1,016
Off Market
5218 Padre Ln, Indianapolis, IN 46237
0.05
$229,000
4
1.5
1,512
Recently Sold
5207 Palisade Way, Indianapolis, IN 46237
0.05
$210,000
3
1.5
1,064
Recently Sold
5218 Palisade Way, Indianapolis, IN 46237
0.05
$202,000
3
1.5
1,064
Recently Sold
5226 Palisade Way, Indianapolis, IN 46237
0.07
$229,000
3
1.5
1,064
Off Market
5323 Padre Ln, Indianapolis, IN 46237
0.08
$207,900
3
1
912
Off Market
5224 Palisade Ct, Indianapolis, IN 46237
0.10
$209,500
3
1
984
Off Market
5234 Straw Hat Dr, Indianapolis, IN 46237
0.10
$227,000
3
2
1,344
Off Market
5240 Palisade Way, Indianapolis, IN 46237
0.10
$221,500
3
1
1,320
Off Market
5221 Palisade Ct, Indianapolis, IN 46237
0.13
$217,400
3
2
1,332
Off Market
5305 Palisade Way, Indianapolis, IN 46237
0.14
$202,800
3
1
1,016
Off Market
5383 Padre Ln, Indianapolis, IN 46237
0.15
$210,700
3
1
1,056
Off Market

Local Information

  • Map ViewExplore the area around 5227 Padre Ln.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1982
910 sqft
$155/sqft
Garage

About this House

This single-family home is located at 5227 Padre Ln, Indianapolis, IN. 5227 Padre Ln is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 2 bathrooms and approximately 910 sqft of floor space. This property has a lot size of 8058 sqft and was built in 1982.
5227 Padre Ln, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 910 sqft single-family home in South Emerson, built in 1982. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $141,200, with a rent estimate of $1,342/month.

Home Details for 5227 Padre Ln

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6Types of Rooms: Family Room
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1982Year Updated: 1982
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8058 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$1,812
$101,700
Home facts updated by county records

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

Frequently asked questions about 5227 Padre Ln

  • What is 5227 Padre Ln estimated to be worth?
    Trulia's estimated value for 5227 Padre Ln in Indianapolis, IN is $141,200.
  • 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.
  • What do residents say about the South Emerson neighborhood?
    Residents describe the South Emerson neighborhood in Indianapolis, IN as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in South Emerson, Indianapolis.
  • Does 5227 Padre Ln have air conditioning?
    Yes, 5227 Padre Ln in Indianapolis, IN has air conditioning.
  • How big is the lot at 5227 Padre Ln?
    The lot at 5227 Padre Ln in Indianapolis, IN is about 0.18 acres (8,058 sq ft).

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