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
-- mins to
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
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MLS Status: Sold |
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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 |
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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 |
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Cumulative Days on Market: 38 |
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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 |
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Price List Price: $170,000Price Per Sqft: $168/sqft |
Status Change & Dates Off Market Date: Sun Feb 22 2026Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Southern View |
School Information Jr High / Middle School: Franklin Central Junior HighHigh School District: Franklin Township Com Sch Corp |
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Building Area Building Area: 936 Square Feet |
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Lot Area: 7405.2 sqft |
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Special Conditions: None, As Is |
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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
| Date | Price | Event | Source |
|---|---|---|---|
| 05/23/2026 | $206,500 | ListingRemoved | MIBOR as distributed by MLS GRID #22096055 |
| 05/16/2026 | $206,500 | PriceChange | MIBOR as distributed by MLS GRID #22096055 |
| 05/05/2026 | $209,900 | PriceChange | MIBOR as distributed by MLS GRID #22096055 |
| 04/17/2026 | $212,500 | Listed For Sale | MIBOR as distributed by MLS GRID #22096055 |
| 03/06/2026 | $157,000 | Sold | MIBOR as distributed by MLS GRID #22080248 |
| 02/23/2026 | $170,000 | Pending | MIBOR as distributed by MLS GRID #22080248 |
| 02/13/2026 | $170,000 | PriceChange | MIBOR as distributed by MLS GRID #22080248 |
| 01/17/2026 | $175,000 | PriceChange | MIBOR as distributed by MLS GRID #22080248 |
| 01/16/2026 | $179,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22080248 |
| 10/22/2024 | $1,375 | ListingRemoved | Zillow Rentals |
| 10/16/2024 | $1,375 | PriceChange | Zillow Rentals |
| 10/03/2024 | $1,400 | Listed For Rent | Zillow Rentals |
| 09/17/2024 | $1,300 | ListingRemoved | Zillow Rentals |
| 05/07/2024 | $1,400 | Listed For Rent | Zillow Rentals |
| 04/10/2020 | $1,050 | ListingRemoved | Agent Provided |
| 03/05/2020 | $1,050 | Listed For Rent | Agent Provided |
| 02/28/2020 | $109,750 | Sold | MIBOR as distributed by MLS GRID #21683854 |
| 01/31/2020 | $117,500 | Pending | Agent Provided |
| 01/07/2020 | $117,500 | PriceChange | Agent Provided |
| 11/25/2019 | $120,000 | Listed For Sale | Agent Provided |
Market trends in Indianapolis
Last updated June 2026
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5249 Straw Hat Dr.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 5249 Straw Hat Dr
Off Market Homes Near 5249 Straw Hat Dr

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

