5232 Gerhing Dr, Indianapolis, IN 46239
Grand Bahama
Grand Bahama
SOLD
JAN 20, 2026

$308,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,338 sqft

5232 Gerhing Dr, Indianapolis, IN 46239

Galludet
Est. Refi. Payment $1,922/mo*
Refinance Your Home
Currently Off Market - Sold Jan 20, 2026 for $307,940 (6% above list price)

Home Value

Trulia Estimate
$308K
Since last month
Decreased$2K (-0.7%)
Since last year
Increased$31K (+11.1%)
Since last sale
Increased$1K (+0.4%)
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 +8% in the last 10 years
MonthEstimated value
2026
August 2026$309K
August 2026$309K
July 2026$312K
June 2026$312K
May 2026$281K
April 2026$282K
March 2026$278K
February 2026$287K
January 2026$286K
2025

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
5238 Hearst Ln, Indianapolis, IN
0.06
Single-Family Home
$309,900
07/10/26
3
2
2,063
5250 Hearst Ln, Indianapolis, IN
0.08
Single-Family Home
$298,000
08/28/26
3
2
2,062
8556 Broad St, Indianapolis, IN
0.07
Single-Family Home
$315,680
03/13/26
3
3
1,740
8652 Faulkner Dr, Indianapolis, IN
0.22
Single-Family Home
$275,500
07/28/26
3
2
1,667
8426 Grand Appaloosa Way, Indianapolis, IN
0.27
Single-Family Home
$318,190
04/22/26
3
2
1,793
8804 Faulkner Dr, Indianapolis, IN
0.27
Single-Family Home
$280,000
11/24/25
3
2
1,736
8801 Twain Ln, Indianapolis, IN
0.22
Single-Family Home
$278,000
05/18/26
3
2
2,014
8334 Grand Appaloosa Way, Indianapolis, IN
0.30
Single-Family Home
$320,000
05/28/26
3
2
1,673
8737 Twain Ln, Indianapolis, IN
0.20
Single-Family Home
$289,000
11/26/25
3
2
2,324

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
5220 Gehring Dr, Indianapolis, IN 46239
0.01
$290,400
3
2
1,533
Off Market
5208 Hearst Ln, Indianapolis, IN 46239
0.07
$283,600
3
2
1,454
Off Market
5202 Hearst Ln, Indianapolis, IN 46239
0.08
$316,000
3
2.5
2,494
Recently Sold
5238 Hearst Ln, Indianapolis, IN 46239
0.06
$309,900
3
2
2,063
Recently Sold
5125 Gerhing Dr, Indianapolis, IN 46239
0.11
$336,400
3
2
1,696
Off Market
8614 Broad St, Indianapolis, IN 46239
0.03
$339,900
3
2
1,528
For Sale
5244 Hearst Ln, Indianapolis, IN 46239
0.07
$307,200
3
2
1,840
Off Market
8721 Kipling Dr, Indianapolis, IN 46239
0.13
$347,900
3
2.5
2,718
Off Market
8735 Carver Dr, Indianapolis, IN 46239
0.12
$349,900
4
2.5
2,095
Recently Sold
5250 Hearst Ln, Indianapolis, IN 46239
0.08
$298,000
3
2
2,062
Recently Sold
5122 Clemens Pl, Indianapolis, IN 46239
0.13
$345,000
4
3.5
2,523
For Sale

Local Information

  • Map ViewExplore the area around 5232 Gerhing Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2025
1,338 sqft
$230/sqft
2 Car Garage

About this House

Start the new year off in your brand-new, one-level home at Cottage Station Ranches! Cottage Station Ranches is the only community of all ranch homes with available basement homesites in Franklin Township, less than 5 minutes to everyday conveniences.

This Grand Bahama combines comfort and convenience, all while being situated on a premier, secluded homesite backing to open space. Enter through the spacious 2-car garage, or the inviting foyer. As you step inside, find two secondary bedrooms, a full hall bathroom, and the laundry room. The light-filled great room, dining room, and kitchen feature an open-concept layout, making entertaining a breeze. The kitchen showcases truffle cabinetry, granite countertops, an island, and all included appliances. The main level is upgraded with luxury vinyl plank flooring throughout. Tucked away off the great room, the luxury owner's suite awaits. Your owner's suite features a large walk-in closet and an en suite bathroom with a dual vanity. Schedule your visit today to learn more about this home and how you can move in as soon as this January 2026!
5232 Gerhing Dr, Indianapolis, IN 46239 is a 3 bedroom, 2 bathroom, 1,338 sqft single-family home in Galludet, built in 2025. It last sold for $307,940 on Jan 20, 2026 (6% above the $290,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $308,400, with a rent estimate of $1,923/month.
Contact this Building
Property Website
Source: Ryan Homes

Home Details for 5232 Gerhing Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 2025
Property Type / Style
Property Type: Single Family HomeArchitecture: House

Exterior Features

Parking & Garage
Parking Spaces: 2Parking: Attached

Price & Status

Price
Price Per Sqft: $230/sqft

Price and Tax history

DateEventPrice
Jan 20, 2026
Source: N/A
Sold
$307,940
Oct 1, 2025
Source: N/A
Sold
$83,945
Sep 3, 2025
Source: Ryan Homes
PriceChange
$290,000
Price decreased by 3%
Aug 31, 2025
Source: Ryan Homes
PriceChange
$299,990
Price increased by 7%
Aug 13, 2025
Source: Ryan Homes
PriceChange
$279,990
Price decreased by 7%

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM

Around this home

Neighborhood Overview

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

What Locals Say about Galludet

At least 56 Trulia users voted on each feature.

  • 97 % Say car is needed

  • 91 % Say yards are well-kept

  • 89 % Say parking is easy

  • 89 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 84 % Say kids play outside

  • 75 % Say people would walk alone at night

  • 74 % Say there's holiday spirit

  • 65 % Say it's quiet

  • 65 % Say streets are well-lit

  • 58 % Say neighbors are friendly

  • 52 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 36 % Say there are community events

  • 29 % Say it's walkable to restaurants

  • 12 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Debi Woodmansee
    "There is a Dog park a few blocks away from the neighborhood. Fenced in yards allowed, sidewalks to take your dogs on a walk safely. "
    0
    Flag
  • Debi Woodmansee
    "I live a few minutes drive to local dining options and grocery stores, hospitals and the library. 13 minutes to my work. "
    0
    Flag
  • Debi Woodmansee
    "Food trucks, pool, playgrounds, fishing ponds, close to stores, eateries, library, gymnastics, great schools."
    0
    Flag
  • Trulia User
    "There are lots of children and they are good wholesome children. Friendly and helpful neighbors. It’s a fun, interactive neighborhood."
    0
    Flag
  • Trulia User
    "Safe and police officer and the cleanness of it and have grocery shops and shopping nearby and you are safe to walk your dog "
    0
    Flag
  • Trulia User
    "I have lived here for 3 years and I have always felt safe for my family and friend and the neighbors keep to they selves and police officers reside in the neighborhood also so extra safe"
    0
    Flag
  • Trulia User
    "Fantastic area to raise a family only about 15 minutes away from downtown and everything you need is right down the road without feeling congested it feels very homely out here"
    0
    Flag
  • Patti T. T.
    "we recently celebrated July 4th with a huge community party. it was very nice to see so many join us and meet others in the neighborhood"
    1
    Flag
  • Patti T. T.
    "You see people walking their dogs all the time, sometimes joggers even have their dogs joggling along. People clean up after their pets also."
    1
    Flag
  • Sarah B.
    "A very quiet and friendly neighborhood, I never lock my doors and have no worries about leaving the car running while I run inside. I frequently take late night strolls alone and have NEVER been afraid. I love seeing the wild bunnies in the spring. In the afternoon, if you're outside, you can distantly hear the kids at the elementary school having recess, which I've always found sweet"
    0
    Flag
  • Monkeygirl6437
    "My neighborhood is quiet. A good mix of older and younger families. Everyone watches out for each other. Is close to everything but far enough away to feel secluded. "
    0
    Flag
  • Nicole N.
    "It’s a great place to live it’s nice and decently quiet and I love living in this neighborhood my kids and I love it "
    0
    Flag
  • Nicole N.
    "There are lots of dogs in my neighborhood and lots of dog owners. I feel like it’s a safe environment. "
    0
    Flag
  • Mcguiregroup
    "We have our own neighborhood Facebook page and everyone posts things about the neighborhood about what’s going on both good and bad. "
    0
    Flag
  • Colleen H.
    "Lots of walking trails and street lights. There is a park nearby thats pet friendly and paved streets around the neighborhood "
    0
    Flag
  • Colleen H.
    "you need a car in this area. Good schools reasonable priced houses. Near freeway and close to downtown "
    0
    Flag
  • Sam_hannah77
    "It’s inexpensive and safe. It’s friendly with a lot of kids. It has a great school system and our neighbors have always been helpful. "
    16
    Flag
  • Colleen H.
    "love my neighborhood its got a great school district and the houses are well kept houses sell quickly shops are close and the freeway is 5 mins away"
    0
    Flag
  • Sam_hannah77
    "We Live in southeast side in Franklin Township. Great schools, clean and friendly community. Our neighborhood feels very safe and it’s easy to get to downtown. "
    0
    Flag
  • amagesh
    "I have one of my friend living in this area. It is a great location, good schools, closer to shopping centers and malls. 15 minutes drive to downtown and greenwood mall. It is a great neighborhood."
    0
    Flag
  • Marcy R.
    "We love this area! We have lived here since 2008 and enjoy living close to Indy. It's easy to get anywhere with three interstates within 10 minutes (I-65, I-465, & I-74). It's a great place to live!"
    0
    Flag
  • jontattoo
    "great area for kids great schools"
    2
    Flag
  • Kristina B.
    "Perfect for families, close to shopping, groceries, and entertainment. Great Franklin Township Schools! Community Pool, play area, shelter house, & more!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5232 Gerhing Dr

  • What is 5232 Gerhing Dr estimated to be worth?
    Trulia's estimated value for 5232 Gerhing Dr in Indianapolis, IN is $308,400.
  • What is the price history for 5232 Gerhing Dr?
    5232 Gerhing Dr in Indianapolis, IN last sold for $307,940 in January 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 $251K. That is up $10K from the prior month.
  • Does 5232 Gerhing Dr have parking?
    Yes, 5232 Gerhing Dr in Indianapolis, IN has on-site parking.

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