5331 Heights Ave, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$188,400

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,018 sqft (on 0.25 acres)

5331 Heights Ave, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,197/mo*
Refinance Your Home
Currently Off Market - Sold Jun 30, 2016 for $98,400

Home Value

Trulia Estimate
$188K
Since last month
Decreased$5K (-2.4%)
Since last year
Decreased$8K (-4%)
Since last sale
Increased$88K (+89.8%)
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 +87% in the last 10 years
MonthEstimated value
2026
August 2026$187K
July 2026$191K
June 2026$194K
May 2026$195K
April 2026$192K
March 2026$189K
February 2026$189K
January 2026$185K
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
4617 Shelbyville Rd, Indianapolis, IN
0.17
Single-Family Home
$182,500
09/17/25
3
1
912
4429 Dudley North Dr, Indianapolis, IN
0.22
Single-Family Home
$135,000
08/05/26
3
1
2,286
4314 Dudley North Dr, Indianapolis, IN
0.27
Single-Family Home
$217,000
11/10/25
3
1
1,403
4555 Blackstone Dr, Indianapolis, IN
0.34
Single-Family Home
$245,000
05/12/26
3
1
1,084
5321 S Linwood Ave, Indianapolis, IN
0.07
Single-Family Home
$244,499
04/23/26
3
2
1,440
4633 Shelbyville Rd, Indianapolis, IN
0.16
Single-Family Home
$180,500
06/18/26
3
2
1,456
4124 Shelbyville Rd, Indianapolis, IN
0.43
Single-Family Home
$234,000
01/16/26
3
1
1,040
801 Andrea Dr, Beech Grove, IN
0.51
Single-Family Home
$184,000
03/10/26
3
1
1,133
4430 Dudley North Dr, Indianapolis, IN
0.20
Single-Family Home
$200,000
07/31/26
3
1.5
2,112
5248 Yucatan Dr, Indianapolis, IN
0.69
Single-Family Home
$162,000
06/22/26
3
1
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
5427 Heights Ave, Indianapolis, IN 46237
0.02
$248,200
3
1.5
1,400
Off Market
5343 S Linwood Ave, Indianapolis, IN 46237
0.07
$383,300
4
2.5
3,048
Off Market
5321 S Linwood Ave, Indianapolis, IN 46237
0.07
$244,499
3
2
1,440
Recently Sold
5425 S Linwood Ave, Indianapolis, IN 46237
0.09
$237,700
3
2
1,523
Off Market
4541 Lois Ln, Indianapolis, IN 46237
0.09
$273,400
3
1.5
1,405
Off Market
5311 S Linwood Ave, Indianapolis, IN 46237
0.08
$234,100
3
2
1,524
Off Market
5225 S Linwood Ave, Indianapolis, IN 46237
0.10
$187,800
2
1
912
Off Market
4356 Yarrow Ct, Indianapolis, IN 46237
0.11
$261,700
2
2
1,440
Off Market
4364 Switchgrass Way, Indianapolis, IN 46237
0.11
$249,800
2
2
1,448
Off Market
4342 Yarrow Ct, Indianapolis, IN 46237
0.13
$255,600
2
2
1,549
Off Market
4633 Shelbyville Rd, Indianapolis, IN 46237
0.16
$180,500
3
2
1,456
Recently Sold
4327 Switchgrass Way, Indianapolis, IN 46237
0.15
$271,000
3
2
1,772
Off Market

Local Information

  • Map ViewExplore the area around 5331 Heights Ave.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1957
Lot Size
0.25 acres
Living Area
1,018 sqft
Price/Sqft
$185
Parking
Garage

About this House

Adorable bungalow located on a quiet tree-lined street. Updates throughout. New roof, updated furnace & AC. Gorgeous brand new kitchen with appliance package. Gleaming hardwood floors. New windows. New carpet in bedrooms. An oversized two car garage is perfect for a car enthusiast. Large, fully fenced back yard has a fire pit and concrete patio perfect for entertaining. Mini barn offers additional storage. A wonderful home that won't last!!
5331 Heights Ave, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 1,018 sqft single-family home in South Emerson, built in 1957. It last sold for $98,400 on Jun 30, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $188,400, with a rent estimate of $1,516/month.

Home Details for 5331 Heights Ave

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Other
Interior Details
Number of Rooms: 7
Appliances & Utilities
Dishwasher

Exterior Features

Exterior Home Features
Roof: OtherExterior: VinylFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1957Year Updated: 1957
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 10890 sqft

Price and Tax history

DateEventPrice
Jun 30, 2016
Source: MIBOR as distributed by MLS GRID #21418067
Sold
$98,400
May 19, 2016
Source: Agent Provided
Pending
$94,900
May 17, 2016
Source: Agent Provided
Listed For Sale
$94,900
Jan 18, 2013
Source: MIBOR as distributed by MLS GRID #21204425
Sold
$26,000
Jun 27, 2011
Source: Agent Provided
ListingRemoved
$89,900

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

Frequently asked questions about 5331 Heights Ave

  • What is 5331 Heights Ave estimated to be worth?
    Trulia's estimated value for 5331 Heights Ave in Indianapolis, IN is $188,400.
  • What is the price history for 5331 Heights Ave?
    5331 Heights Ave in Indianapolis, IN last sold for $98,400 in June 2016.
  • 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 5331 Heights Ave have air conditioning?
    Yes, 5331 Heights Ave in Indianapolis, IN has air conditioning.
  • How big is the lot at 5331 Heights Ave?
    The lot at 5331 Heights Ave in Indianapolis, IN is about 0 acres (100 sq ft).

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