5237 Falcon Ln, Indianapolis, IN 46224
Property image
Property image
OFF MARKET

$167,800

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 925 sqft

5237 Falcon Ln, Indianapolis, IN 46224

Eagledale
Est. Refi. Payment $1,077/mo*
Refinance Your Home
Currently Off Market - Sold Dec 21, 2015 for $58,500

Home Value

Trulia Estimate
$168K
Since last month
Decreased$2K (-1.2%)
Since last year
Increased$5K (+3.3%)
Since last sale
Increased$109K (+186.8%)
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 +168% in the last 10 years
MonthEstimated value
2026
August 2026$168K
August 2026$168K
July 2026$170K
June 2026$170K
May 2026$169K
April 2026$163K
March 2026$161K
February 2026$157K
January 2026$155K
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
3708 Allison Ave, Indianapolis, IN
0.07
Single-Family Home
$75,000
01/22/26
3
1
1,100
5008 W 37th St, Indianapolis, IN
0.32
Single-Family Home
$60,000
01/29/26
3
1
1,200
3707 Allison Ave, Indianapolis, IN
0.10
Single-Family Home
$207,000
06/25/26
3
1
1,045
5344 Dunk Dr, Indianapolis, IN
0.18
Single-Family Home
$150,000
04/08/26
3
1
995
5338 Dunk Dr, Indianapolis, IN
0.17
Single-Family Home
$180,000
05/15/26
3
1
1,236
5249 Falcon Ln, Indianapolis, IN
0.02
Single-Family Home
$220,000
04/20/26
3
1.5
1,189
3637 Chrysler St, Indianapolis, IN
0.40
Single-Family Home
$109,000
10/23/25
3
1
957
3526 Allison Ave, Indianapolis, IN
0.23
Single-Family Home
$175,000
08/21/26
3
1
1,225
3501 N Lynhurst Dr, Indianapolis, IN
0.26
Single-Family Home
$167,000
04/01/26
3
1
925
3460 Georgetown Rd, Indianapolis, IN
0.58
Single-Family Home
$80,000
12/18/25
3
1
925

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
5232 Penway St, Indianapolis, IN 46224
0.03
$169,600
3
1
1,025
Off Market
5249 Falcon Ln, Indianapolis, IN 46224
0.02
$220,000
3
1.5
1,189
Recently Sold
5250 Falcon Ln, Indianapolis, IN 46224
0.03
$172,700
3
1
957
Off Market
5255 Penway St, Indianapolis, IN 46224
0.06
$230,300
3
2
1,787
Off Market
5249 Ruskin Pl W, Indianapolis, IN 46224
0.06
-
3
1
1,073
Off Market
5225 W 36th Ct, Indianapolis, IN 46224
0.09
$228,700
3
2
1,508
Off Market
3732 Allison Ave, Indianapolis, IN 46224
0.08
$176,700
3
1
957
Off Market
5220 W 36th Ct, Indianapolis, IN 46224
0.09
$191,700
4
2
1,421
Off Market
5301 Ruskin Pl W, Indianapolis, IN 46224
0.06
-
3
1
957
Off Market
5313 Penway St, Indianapolis, IN 46224
0.08
$196,900
3
1.5
1,592
Off Market
3707 Allison Ave, Indianapolis, IN 46224
0.10
$207,000
3
1
1,045
Recently Sold
5232 Ruskin Pl, Indianapolis, IN 46224
0.07
$232,400
4
2
1,632
Off Market

Local Information

  • Map ViewExplore the area around 5237 Falcon Ln.
  • Schools9 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1960
925 sqft
$181/sqft
Garage

About this House

Check out this beautiful all brick home with all brick detached garage. Recently updated 3 bd 1 ba with easy access to downtown. Newer laminate flooring throughout the home. Windows, doors and closet doors are relatively new along with updated bath. Roof is 4 yrs old with 3 dimensional shingles. Home comes with home warranty as well. Enjoy quiet evenings in the spacious back yard. Ready for you to move in.
5237 Falcon Ln, Indianapolis, IN 46224 is a 3 bedroom, 1 bathroom, 925 sqft single-family home in Eagledale, built in 1960. It last sold for $58,500 on Dec 21, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $167,800, with a rent estimate of $1,496/month.

Home Details for 5237 Falcon Ln

Interior Features

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

Exterior Features

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

Property Information

Year Built
Year Built: 1960Year Updated: 1960
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6316 sqft

Price and Tax history

DateEventPrice
Dec 21, 2015
Source: MIBOR as distributed by MLS GRID #21378417
Sold
$58,500
Oct 23, 2015
Source: Agent Provided
PriceChange
$64,000
Price decreased by 2%
Oct 11, 2015
Source: Agent Provided
PriceChange
$65,000
Price decreased by 1%
Sep 25, 2015
Source: Agent Provided
Listed For Sale
$65,900

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

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about Eagledale

At least 139 Trulia users voted on each feature.

  • 87 % Say yards are well-kept

  • 85 % Say car is needed

  • 78 % Say kids play outside

  • 76 % Say there are sidewalks

  • 71 % Say parking is easy

  • 65 % Say there's holiday spirit

  • 63 % Say it's dog friendly

  • 50 % Say it's quiet

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

  • 41 % Say it's walkable to restaurants

  • 39 % Say there's wildlife

  • 38 % Say neighbors are friendly

  • 37 % Say it's walkable to grocery stores

  • 36 % Say streets are well-lit

  • 29 % Say people would walk alone at night

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "it's quite and I love being homeland I love my neighbors some of them. I love how shopping is very convenient. "
    1
    Flag
  • Trulia User
    "Indy 500 is the biggest event that we have here but we have the colts games and many different concerts here."
    0
    Flag
  • Trulia User
    "I have lived here in this house for 15 yrs. Never had a break in nor anything stolen from my yard. The police take their breaks and guard the schools right over here. Very peaceful! No problems, unless you're the problem! "
    11
    Flag
  • Trulia User
    "I have resided in this neighborhood for 5 yrs. Cost of living isn’t too high where I am but the cost in surrounding area is currently going up for no reason at all. School district is the pits!! My son goes to a charter school across the opposite side of town for a better education. Race time this area is considered “speedway” but kids can’t attend that district. "
    3
    Flag
  • Tanya T.
    "accessible to great schools, universities, malls,restaurants, churches and parks. walking is also a great way to stay in shape. "
    0
    Flag
  • Teayon K. R.
    "Indianapolis 500 , the Grand Prix, and other events and races at the Indianapolis motor Speedway also once a year the mini marathon "
    2
    Flag
  • Chevese M.
    "It’s cool an all just a few minor issues like neighbors and dogs getting out unsupervised so it’s a decent neighborhood. The houses are really small as well but decent homes if I must say "
    0
    Flag
  • Kenber W.
    "The commute to downtown is very quick from this area and they have a nice little plaza that has great items "
    0
    Flag
  • Brea B.
    "U would need to drive a vehicle to get around. There are some sidewalks that u could walk down the street to the gas station or the grocery store. "
    1
    Flag
  • Jacqueline M.
    "None that I'm aware of. I would like to see something like the community potluck or even block parties. "
    0
    Flag
  • Krissyjoi1226
    "The race track The race Speedway The International store close to stores and restaurants Library and schools"
    0
    Flag
  • Reka N.
    "Dog owners would not like the fact that this neighborhood has a lot of stray dogs around here. It can become a problem."
    0
    Flag
  • Kasey G.
    "Very nice place to raise a family. Conveniently located stores,shops, and Longs donuts. Best donuts ever!"
    3
    Flag
  • Nicole F.
    "I don't think people would like the fact that there are often dogs running loose in the area neighborhoods."
    0
    Flag
  • Jjsamboy
    "I see pet owners walking their dogs all the time. Kids playing in the summer and it’s really quiet."
    3
    Flag
  • Lamont
    "They would like anything and everything about this neighborhood and how clean it is fro trash and high grass "
    0
    Flag
  • Briana B.
    "the area has a nice park and a library and other fun things to do for kids. make sure they are looked after amd well trained. "
    1
    Flag
  • Andrea E.
    "too many other dogs loose in the area. needs more security for the dogs and people. street pavement always need of repair for weather damaged as well."
    3
    Flag
  • shenita j.
    "Bad neighborhood. For some reason there are a lot of break ins in this neighborhood in broad daylight and nobody sees anything"
    55
    Flag
  • Jmartin3179
    "I've lived here for 41 years a good place for a starter home, good place for kids to grow up, great Police force with the Northwest District."
    18
    Flag
  • Abbie
    "not a lot of drama on my block of the street. school, splash pad, and park close by. fairly quiet and close to shopping and food"
    8
    Flag
  • Lamont
    "I lived here for 2yrs and never had a problem with no one in my neighborhood I can leave for work and come home with nothing broken into"
    6
    Flag
  • Rkehoe563
    "Great, quiet neighborhood with terrific access to downtown. Art museum nearby. Minutes to Butler or Marian Universities, Cardinal Ritter High School, St. Michael's Elementary. Less than 15 minutes to downtown shopping, sports facilities and museums. Westview Hospital and Healthplex very near. "
    2
    Flag
  • donnakvance
    "Worked in the area for 26 years and lived here for 28 years. Never once had a problem. Friendly neighbors. Only reason for moving was to be closer to family."
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5237 Falcon Ln

  • What is 5237 Falcon Ln estimated to be worth?
    Trulia's estimated value for 5237 Falcon Ln in Indianapolis, IN is $167,800.
  • What is the price history for 5237 Falcon Ln?
    5237 Falcon Ln in Indianapolis, IN last sold for $58,500 in December 2015.
  • 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 5237 Falcon Ln have air conditioning?
    Yes, 5237 Falcon Ln in Indianapolis, IN has air conditioning.
  • How big is the lot at 5237 Falcon Ln?
    The lot at 5237 Falcon Ln in Indianapolis, IN is about 0.14 acres (6,316 sq ft).

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