5234 Padre Ln, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$195,800

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,016 sqft

5234 Padre Ln, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,242/mo*
Refinance Your Home
Currently Off Market - Sold Oct 13, 2023 for $176,000

Home Value

Trulia Estimate
$196K
Since last month
Increased$400 (+0.2%)
Since last year
Decreased$400 (-0.2%)
Since last sale
Increased$20K (+11.4%)
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 +123% in the last 10 years
MonthEstimated value
2026
August 2026$196K
August 2026$196K
July 2026$196K
June 2026$198K
May 2026$199K
April 2026$198K
March 2026$196K
February 2026$195K
January 2026$194K
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
5249 Straw Hat Dr, Indianapolis, IN
0.16
Single-Family Home
$157,000
03/06/26
3
1
936
5248 Yucatan Dr, Indianapolis, IN
0.22
Single-Family Home
$162,000
06/22/26
3
1
1,096
5147 Antigua Trl, Indianapolis, IN
0.28
Single-Family Home
$195,000
05/20/26
3
1
1,056
5207 Palisade Way, Indianapolis, IN
0.05
Single-Family Home
$210,000
03/13/26
3
1.5
1,064
5429 Pecos Ct, Indianapolis, IN
0.28
Single-Family Home
$194,900
07/28/26
3
1
912
5338 Straw Hat Ct, Indianapolis, IN
0.34
Single-Family Home
$183,000
03/06/26
3
1
936
5179 Laredo St, Indianapolis, IN
0.33
Single-Family Home
$184,300
06/03/26
3
1
912
5331 Yucatan Dr, Indianapolis, IN
0.17
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
5434 Durango Ct, Indianapolis, IN
0.34
Single-Family Home
$195,000
08/24/26
3
1
910
5404 Yucatan Dr, Indianapolis, IN
0.16
Single-Family Home
$218,000
09/12/25
3
1.5
1,056

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
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
0.07
$202,000
3
1.5
1,064
Recently Sold
5226 Palisade Way, Indianapolis, IN 46237
0.09
$229,000
3
1.5
1,064
Off Market
5323 Padre Ln, Indianapolis, IN 46237
0.06
$207,900
3
1
912
Off Market
5224 Palisade Ct, Indianapolis, IN 46237
0.13
$209,500
3
1
984
Off Market
5234 Straw Hat Dr, Indianapolis, IN 46237
0.11
$227,000
3
2
1,344
Off Market
5240 Palisade Way, Indianapolis, IN 46237
0.13
$221,500
3
1
1,320
Off Market
5221 Palisade Ct, Indianapolis, IN 46237
0.16
$217,400
3
2
1,332
Off Market
5305 Palisade Way, Indianapolis, IN 46237
0.16
$202,800
3
1
1,016
Off Market
5383 Padre Ln, Indianapolis, IN 46237
0.13
$210,700
3
1
1,056
Off Market

Local Information

  • Map ViewExplore the area around 5234 Padre Ln.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1982
1,016 sqft
$193/sqft
1 Car Garage

About this House

Updated 3 bedroom ranch in Franklin Township! Home features a spacious living room with vaulted ceilings, eat-in kitchen with plenty of counter space, separate laundry room, and a spacious fenced backyard with patio! Fresh paint throughout. Updates in 2015 include new windows, new A/C, new water heater and new kitchen cabinets/countertops. Conveniently located within minutes to Thompson Park, shopping, and the interstate!
5234 Padre Ln, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 1,016 sqft single-family home in South Emerson, built in 1982. It last sold for $176,000 on Oct 13, 2023 (5% below the $185,000 asking price). More recently, it was listed as a rental in April 2022 with an asking price of $1,250 per month. That rental listing was removed on May 11, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $195,800, with a rent estimate of $1,460/month.
Last check for updates: about 13 hours ago
Listed by Jodi Gandy
Honor Realty LLC
Bought with: Benjamin Tupper, Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID, MLS#21942221

Home Details for 5234 Padre Ln

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Family Room, Kitchen
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1016 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Electric Oven, RefrigeratorDishwasherDisposalLaundry: Main LevelRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Window: Wood Work PaintedFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: PatioFencing: Fence Full Rear, PrivacyFoundation: Slab
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached

Days on Market

Cumulative Days on Market: 9

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491503127023000300

Price & Status

Price
List Price: $185,000
Status Change & Dates
Off Market Date: Sat Sep 16 2023Possession Timing: Close Of Escrow

Location

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

Building

Building Area
Building Area: 1016 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Miscellaneous

Mls Number: 21942221Attic: Access Only

Price and Tax history

DateEventPrice
Oct 13, 2023
Source: MIBOR as distributed by MLS GRID #21942221
Sold
$176,000
Sep 17, 2023
Source: MIBOR as distributed by MLS GRID #21942221
Pending
$185,000
Sep 8, 2023
Source: MIBOR as distributed by MLS GRID #21942221
Listed For Sale
$185,000
May 11, 2022
Source: Zillow Rental Network Premium
ListingRemoved
Apr 8, 2022
Source: Zillow Rental Network Premium
Listed For Rent
$1,250

Market trends in South Emerson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$242K
Sale-to-List Price
99.9%
Price per sq ft
$155
Available listings
68
4MoM

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 2026-09-08 07:23:03 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 5234 Padre Ln

  • What is 5234 Padre Ln estimated to be worth?
    Trulia's estimated value for 5234 Padre Ln in Indianapolis, IN is $195,800.
  • What is the price history for 5234 Padre Ln?
    5234 Padre Ln in Indianapolis, IN last sold for $176,000 in October 2023.
  • 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 $242K.
  • Does 5234 Padre Ln have air conditioning?
    Yes, 5234 Padre Ln in Indianapolis, IN has air conditioning.
  • Does 5234 Padre Ln have laundry facilities?
    Yes, 5234 Padre Ln in Indianapolis, IN has laundry facilities.

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