5228 Rowan Ct, Indianapolis, IN 46237
OFF MARKET

$224,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,188 sqft

5228 Rowan Ct, Indianapolis, IN 46237

South Franklin
Est. Refi. Payment $1,428/mo*
Refinance Your Home
Currently Off Market - Sold Jul 30, 2018 for $132,000

Home Value

Trulia Estimate
$224K
Since last month
Decreased$5K (-2%)
Since last year
Decreased$8K (-3.5%)
Since last sale
Increased$90K (+67.8%)
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 +88% in the last 10 years
MonthEstimated value
2026
September 2026$222K
August 2026$224K
July 2026$226K
June 2026$229K
May 2026$228K
April 2026$228K
March 2026$225K
February 2026$222K
January 2026$218K
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
5235 Rowan Ct, Indianapolis, IN
0.03
Single-Family Home
$225,000
05/08/26
3
2
1,158
5238 Tamarisk Ct, Indianapolis, IN
0.06
Single-Family Home
$245,000
08/31/26
3
2
1,194
8421 Banyan Ln, Indianapolis, IN
0.03
Single-Family Home
$163,000
06/01/26
3
1
958
5239 Tamarisk Ct, Indianapolis, IN
0.04
Single-Family Home
$212,000
05/05/26
3
1
1,024
8318 Rob Ln, Indianapolis, IN
0.32
Single-Family Home
$220,000
10/10/25
3
2
1,205
8166 Parsley Ln, Indianapolis, IN
0.43
Single-Family Home
$255,000
02/09/26
3
2
1,365
8218 Ehlerbrook Rd, Indianapolis, IN
0.46
Single-Family Home
$259,000
08/07/26
3
2
1,456
4951 Ehler Dr, Indianapolis, IN
0.30
Single-Family Home
$225,000
05/22/26
4
2.5
1,853
8424 Southern Springs Way, Indianapolis, IN
0.66
Single-Family Home
$257,000
04/23/26
3
2
1,200
8438 Southern Springs Dr, Indianapolis, IN
0.60
Single-Family Home
$262,500
06/12/26
3
2
1,400

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
5239 Tamarisk Ct, Indianapolis, IN 46237
0.04
$212,000
3
1
1,024
Recently Sold
5221 Tamarisk Ct, Indianapolis, IN 46237
0.03
$254,100
3
2
1,240
Off Market
5238 E Tamarisk Ct, Indianapolis, IN 46237
0.06
$215,300
3
2
1,194
Off Market
5238 Tamarisk Ct, Indianapolis, IN 46237
0.06
$245,000
3
2
1,194
Recently Sold
5234 Rowan Ct, Indianapolis, IN 46237
0.01
$250,900
3
2
1,170
Off Market
5245 Tamarisk Ct, Indianapolis, IN 46237
0.05
$243,500
3
2
1,253
Off Market
8357 Banyan Ln, Indianapolis, IN 46237
0.06
$221,900
3
2
1,149
Off Market
5213 Heathwood Dr, Indianapolis, IN 46237
0.08
$244,000
3
2
1,160
Off Market
5235 Rowan Ct, Indianapolis, IN 46237
0.03
$225,000
3
2
1,158
Recently Sold
5259 Rowan Ct, Indianapolis, IN 46237
0.06
$197,700
2
1
1,006
Off Market
8416 Banyan Ln, Indianapolis, IN 46237
0.06
$247,000
3
2
1,200
Off Market
8356 Banyan Ln, Indianapolis, IN 46237
0.08
$216,700
2
1
1,076
Off Market

Local Information

  • Map ViewExplore the area around 5228 Rowan Ct.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1986
1,188 sqft
$189/sqft
Garage

About this House

Check Out This Fair Market Value Home In Franklin Township School System. Recently Installed Laminate Floor In Living Room And Hallway .Fully Fenced Backyard Secured Your Home With Nice Backyard. 3 Bedrooms And 2 Full Baths. The Living Room Open To The Kitchen And Kitchen Is Connected To The Garage. Cozy Fireplace Will Make Your Home Warm. Just Need A Tcl.Do Not Hesitate To Look Inside.
5228 Rowan Ct, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,188 sqft single-family home in South Franklin, built in 1986. It last sold for $132,000 on Jul 30, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $224,200, with a rent estimate of $1,782/month.

Home Details for 5228 Rowan Ct

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Interior Details
Number of Rooms: 7Types of Rooms: Family Room
Appliances & Utilities
DisposalRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

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

Property Information

Year Built
Year Built: 1986Year Updated: 1986
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7801 sqft

Price and Tax history

DateEventPrice
Jul 30, 2018
Source: MIBOR as distributed by MLS GRID #21584822
Sold
$132,000
Jul 29, 2018
Source: Agent Provided
Pending
$132,500
Jul 29, 2018
Source: Agent Provided
PriceChange
$132,500
Price increased by 4%
May 12, 2018
Source: Agent Provided
Pending
$127,000
May 3, 2018
Source: Agent Provided
PriceChange
$127,000
Price decreased by 1%

Market trends in South Franklin

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$349K
$59.17KMoM
Sale-to-List Price
98.5%
0.2%MoM
Price per sq ft
$162
$1MoM
Available listings
85
3MoM

Around this home

Neighborhood Overview

South Franklin
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Franklin

At least 73 Trulia users voted on each feature.

  • 90 % Say parking is easy

  • 89 % Say it's dog friendly

  • 86 % Say car is needed

  • 82 % Say there are sidewalks

  • 78 % Say yards are well-kept

  • 77 % Say there's holiday spirit

  • 72 % Say it's quiet

  • 72 % Say kids play outside

  • 71 % Say people would walk alone at night

  • 60 % Say neighbors are friendly

  • 59 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 44 % Say there's wildlife

  • 36 % Say it's walkable to grocery stores

  • 36 % Say there are community events

  • 29 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Grege312
    "We have an annual yard sale advertised by the HOA. There are Halloween parties in garages. Kids can camp out in the community park. There are three parks with ponds for fishing. "
    0
    Flag
  • Slonemail
    "Good neighbor hood and we feel safe taxes are for the most part fair. School and library taxes are too much for the results that are give. "
    0
    Flag
  • Senetriafreeman
    "In my community we have Fall Festival, Valentine Parties for the kids, Summer events, Basketball Tournaments, and swimming parties as well."
    2
    Flag
  • Grege312
    "I have lived here 25 years. It is God’s country. It has low crimes decent schools and good sports. "
    9
    Flag
  • Courtney S.
    "The people are friendly and their are kids everywhere playing, I want my kids to experience the neighborhood life since I lived in a busy street my whole life"
    6
    Flag
  • Kmartin860
    "Have lived in Franklin township in Belmont for almost 21 years and raised three kids. The schools are high rated and from my experience with three kids all going through elementary to high school I believe the rating is spot on"
    0
    Flag
  • Jennifer S.
    "Don't trust anyone just because they seem like a nice person. My last neighbor has Parkinson's and her so called care taker robbed her of nearly everything. I only found out when the poor old lady was just sitting outside in the rain. The complex never did anything and I never did find out if she got her dogs or money back. "
    2
    Flag
  • Garth Smitman
    "I've lived here for about 5 years. Love it. Misty Woods is open, with friendly neighbors and courteous pet owners. It is very quiet and secluded for how close it is to shops and the interstate. Takes about 10 minutes to reach downtown, about 25 to reach the Airport. An "affluent" neighborhood."
    8
    Flag
  • Lizapasch
    "Spring & fall neighborhood sales. Community pool. Large stocked & maintained fishing lake. Play ground. "
    0
    Flag
  • Martin L.
    "Dogs are all over the place. They’re very polite owners and pick up after themselves. They may not like the proximity of houses. "
    0
    Flag
  • Derricklykns
    "The neighbors are great. It's a quiet neighborhood. Fishing ponds are a lot of fun. there is a cute little grocery store just outside the neighborhood. It's very close to Franklin Central School."
    3
    Flag
  • Jimmy M.
    "It’s Indianapolis but with a more suburb feel and is very close to shopping and many dining options. "
    0
    Flag
  • Meredith L.
    "Friendly neighbors who are there when you need, but privacy is valued as well. Quiet, well maintained and safe neighborhood with amazing schools in Franklin Township."
    0
    Flag
  • Melissa M.
    "I have lived in this area for 12 years and love it just as much now as when I first moved to Indiana. "
    0
    Flag
  • Jtijunin
    "Convenient to interstate, shopping, restaurants but still suburban landscape. Great school system!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5228 Rowan Ct

  • What is 5228 Rowan Ct estimated to be worth?
    Trulia's estimated value for 5228 Rowan Ct in Indianapolis, IN is $224,200.
  • What is the price history for 5228 Rowan Ct?
    5228 Rowan Ct in Indianapolis, IN last sold for $132,000 in July 2018.
  • 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 $349K. That is up $59.17K from the prior month.
  • Does 5228 Rowan Ct have air conditioning?
    Yes, 5228 Rowan Ct in Indianapolis, IN has air conditioning.
  • How big is the lot at 5228 Rowan Ct?
    The lot at 5228 Rowan Ct in Indianapolis, IN is about 0.18 acres (7,802 sq ft).

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