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

5249 Straw Hat Dr
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 1 Bath
  • 936 sqft

$157,000

Last Sold: Mar 6, 2026
8% below list $170K
$168/sqft
Est. Refi. Payment $1,000/mo*

$157,000

Last Sold: Mar 6, 2026
8% below list $170K
$168/sqft
Est. Refi. Payment $1,000/mo*
3 Beds
1 Bath
936 sqft

Local Information

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

Description

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. It is currently off market. The Trulia Estimate is $205,600, with a rent estimate of $1,351/month.

Home Highlights

Parking
1 Car Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$168/sqft
Listed
178 days ago

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
Last check for updates: about 11 hours ago
Listed by Cynthia Bulat, (317) 225-0912
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22080248

Price History for 5249 Straw Hat Dr

DatePriceEventSource
05/23/2026$206,500ListingRemovedMIBOR as distributed by MLS GRID #22096055
05/16/2026$206,500PriceChange
MIBOR as distributed by MLS GRID #22096055
05/05/2026$209,900PriceChange
MIBOR as distributed by MLS GRID #22096055
04/17/2026$212,500Listed For SaleMIBOR as distributed by MLS GRID #22096055
03/06/2026$157,000Sold
MIBOR as distributed by MLS GRID #22080248
02/23/2026$170,000PendingMIBOR as distributed by MLS GRID #22080248
02/13/2026$170,000PriceChange
MIBOR as distributed by MLS GRID #22080248
01/17/2026$175,000PriceChange
MIBOR as distributed by MLS GRID #22080248
01/16/2026$179,000Listed For SaleMIBOR as distributed by MLS GRID #22080248
10/22/2024$1,375ListingRemovedZillow Rentals
10/16/2024$1,375PriceChange
Zillow Rentals
10/03/2024$1,400Listed For RentZillow Rentals
09/17/2024$1,300ListingRemovedZillow Rentals
05/07/2024$1,400Listed For RentZillow Rentals
04/10/2020$1,050ListingRemovedAgent Provided
03/05/2020$1,050Listed For RentAgent Provided
02/28/2020$109,750Sold
MIBOR as distributed by MLS GRID #21683854
01/31/2020$117,500PendingAgent Provided
01/07/2020$117,500PriceChange
Agent Provided
11/25/2019$120,000Listed For SaleAgent Provided

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18K
MoM
Sale-to-List Price
99.2%
0.5%
MoM
Price per sq ft
$143
$3
MoM
Available listings
3885
69
MoM
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Property Tax and Assessment

Year2025
Tax$2,882
Assessment$181,600
Home facts updated by county records

Comparable Sales for 5249 Straw Hat Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$162,000
06/22/26
3
1
1,056
0.18
Single-Family Home
$183,000
03/06/26
3
1
936
0.27
Single-Family Home
$184,300
06/03/26
3
1
912
0.24
Single-Family Home
$195,000
05/20/26
3
1
1,056
0.33
Single-Family Home
$199,900
07/01/26
3
1
920
0.07
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
0.18
Single-Family Home
$179,500
12/23/25
3
1.5
936
0.11
Single-Family Home
$210,000
03/13/26
3
1.5
1,064
0.10
Single-Family Home
$218,000
09/12/25
3
1.5
1,056

Nearby homes

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Assigned Schools

These are the assigned schools for 5249 Straw Hat Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

  • 44 % 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. "
  • 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. "
  • 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. "
  • 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 "
  • 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 "
  • 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. "
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
  • 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."
  • 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."
  • 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."

LGBTQ Local Legal Protections

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Homes for sale near 5249 Straw Hat Dr

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Off Market Homes Near 5249 Straw Hat Dr

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Based on information submitted to the MLS GRID as of 2026-07-12 17:48:00 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