5249 Straw Hat Dr, Indianapolis, IN 46237
Property image
Property image
SOLD
MAR 6, 2026

$205,600

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 936 sqft

5249 Straw Hat Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,343/mo*
Refinance Your Home
Currently Off Market - Sold Mar 6, 2026 for $157,000 (8% below list price)

Home Value

Trulia Estimate
$206K
Since last month
$0 (0%)
Since last year
Increased$36K (+20.9%)
Since last sale
Increased$48K (+30.6%)
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 +143% in the last 10 years
MonthEstimated value
2026
September 2026$205K
August 2026$205K
July 2026$205K
June 2026$205K
May 2026$205K
April 2026$212K
March 2026$157K
February 2026$168K
January 2026$171K
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
5248 Yucatan Dr, Indianapolis, IN
0.16
Single-Family Home
$162,000
06/22/26
3
1
1,096
5338 Straw Hat Ct, Indianapolis, IN
0.18
Single-Family Home
$183,000
03/06/26
3
1
936
5429 Pecos Ct, Indianapolis, IN
0.16
Single-Family Home
$194,900
07/28/26
3
1
912
5434 Durango Ct, Indianapolis, IN
0.20
Single-Family Home
$195,000
08/24/26
3
1
910
5179 Laredo St, Indianapolis, IN
0.27
Single-Family Home
$184,300
06/03/26
3
1
912
5147 Antigua Trl, Indianapolis, IN
0.24
Single-Family Home
$195,000
05/20/26
3
1
1,056
5120 Pappas Dr, Indianapolis, IN
0.33
Single-Family Home
$199,900
07/01/26
3
1
920
5331 Yucatan Dr, Indianapolis, IN
0.07
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
5427 Straw Hat Dr, Indianapolis, IN
0.18
Single-Family Home
$179,500
12/23/25
3
1.5
936

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
5308 Straw Hat Dr, Indianapolis, IN 46237
0.03
$259,200
4
2
1,862
Off Market
5304 Wagon Wheel Ct, Indianapolis, IN 46237
0.07
$215,500
3
1.5
1,216
Off Market
5305 Palisade Way, Indianapolis, IN 46237
0.07
$201,900
3
1
1,016
Off Market
5234 Straw Hat Dr, Indianapolis, IN 46237
0.05
$227,000
3
2
1,344
Off Market
5240 Palisade Way, Indianapolis, IN 46237
0.09
$221,500
3
1
1,320
Off Market
5331 Yucatan Dr, Indianapolis, IN 46237
0.07
$195,000
3
1.5
1,060
Recently Sold
5415 Wagon Wheel Trl, Indianapolis, IN 46237
0.12
$219,900
3
1.5
1,818
Recently Sold
5226 Palisade Way, Indianapolis, IN 46237
0.10
$230,300
3
1.5
1,064
Off Market
5330 Yucatan Dr, Indianapolis, IN 46237
0.09
$189,600
3
1.5
1,064
Off Market
5328 Lobo Dr, Indianapolis, IN 46237
0.14
$240,000
4
2
2,300
Off Market
5240 Chisolm Trl, Indianapolis, IN 46237
0.10
$224,500
4
1.5
1,190
Recently Sold

Local Information

  • Map ViewExplore the area around 5249 Straw Hat Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1979
936 sqft
$168/sqft
1 Car Garage

About this House

Welcome home to this charming Franklin Township ranch, offering comfort, convenience, and long-term value. Featuring 3 bedrooms and 1 full bath, this home is ideal for first-time buyers looking to put down roots, while also presenting an excellent opportunity for investors seeking a strong addition to their portfolio. Fresh new carpeting and durable LVP flooring throughout make the home move-in ready and low-maintenance. With the opportunity to add personal touches, buyers can further enhance the home's charm and overall value. The indoor laundry room and attached one-car garage provide everyday convenience, while the spacious, open backyard offers endless potential for relaxing, entertaining, or future improvements. Located in a highly desirable Franklin Township neighborhood known for its welcoming community and proximity to shopping, dining, schools, and major commuter routes, this property offers consistent demand and lasting appeal-whether as a primary residence or income-producing investment.
5249 Straw Hat Dr, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 936 sqft single-family home in South Emerson, built in 1979. It last sold for $157,000 on Mar 6, 2026 (8% below the $170,000 asking price). More recently, it was listed as a rental in October 2024 with an asking price of $1,400 per month. That rental listing was removed on October 22, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $205,600, with a rent estimate of $1,257/month.
Last check for updates: 1 day ago
Listed by Cynthia Bulat, (317) 225-0912
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22080248

Home Details for 5249 Straw Hat Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Laundry, Living Room
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: 936 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Disposal, MicroHood, Electric OvenDishwasherDisposal
Heating & Cooling
Heating: BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Foundation: Slab
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 38

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Aluminum Siding, Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491503104039000300

Price & Status

Price
List Price: $170,000Price Per Sqft: $168/sqft
Status Change & Dates
Off Market Date: Sun Feb 22 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Southern View
School Information
Jr High / Middle School: Franklin Central Junior HighHigh School District: Franklin Township Com Sch Corp

Building

Building Area
Building Area: 936 Square Feet

Lot Information

Lot Area: 7405.2 sqft

Listing Info

Special Conditions: None, As Is

Miscellaneous

Mls Number: 22080248

Price and Tax history

DateEventPrice
May 23, 2026
Source: MIBOR as distributed by MLS GRID #22096055
ListingRemoved
$206,500
May 16, 2026
Source: MIBOR as distributed by MLS GRID #22096055
PriceChange
$206,500
Price decreased by 2%
May 5, 2026
Source: MIBOR as distributed by MLS GRID #22096055
PriceChange
$209,900
Price decreased by 1%
Apr 17, 2026
Source: MIBOR as distributed by MLS GRID #22096055
Listed For Sale
$212,500
Mar 6, 2026
Source: MIBOR as distributed by MLS GRID #22080248
Sold
$157,000

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

Based on information submitted to the MLS GRID as of 2026-09-17 14:13:33 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 5249 Straw Hat Dr

  • What is 5249 Straw Hat Dr estimated to be worth?
    Trulia's estimated value for 5249 Straw Hat Dr in Indianapolis, IN is $205,600.
  • What is the price history for 5249 Straw Hat Dr?
    5249 Straw Hat Dr in Indianapolis, IN last sold for $157,000 in March 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 $257K. That is up $6.7K from the prior month.
  • Does 5249 Straw Hat Dr have laundry facilities?
    Yes, 5249 Straw Hat Dr in Indianapolis, IN has laundry facilities.
  • How big is the lot at 5249 Straw Hat Dr?
    The lot at 5249 Straw Hat Dr in Indianapolis, IN is about 0.17 acres (7,405 sq ft).

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