5332 Lava Ln, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

5332 Lava Ln
Indianapolis, IN 46237

South Emerson
  • 5 Beds
  • 3.5 Baths
  • 3,936 sqft (on 0.35 acres)

$611,500

Trulia Estimate
as of Aug 4, 2026

$611,500

Trulia Estimate
as of Aug 4, 2026
5 Beds
3.5 Baths
3,936 sqft
(on 0.35 acres)

Local Information

  • Map ViewExplore the area around 5332 Lava Ln.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2004
Lot Size
0.35 acres
Living Area
3,936 sqft
Price/Sqft
$155
Parking
3 Car Garage
HOA
$20/Monthly

About this House

This one is a beauty! All the work has already been done for you! Almost everything is new new new! New paint inside and out, new flooring, remodeled bathrooms and a brand-new roof just to name a few. The kitchen is not lacking with granite countertops and new appliances purchased in 2019. The primary bath is newly remodeled with shower wifi controls. Two more main floor bedrooms could easily be used as a second primary. The basement is another great escape with 2 additional bedrooms, full bathroom and a large rec room. Main level laundry and a 75-gallon hot water heater new in 2022. The enclosed sunroom with new windows is a great place to enjoy the private backyard with plenty of mature trees. If this has not caught your attention the neighborhood surely will with beautiful custom homes and perfectly landscaped lots. This beautiful neighborhood is quietly tucked away yet right around the corner from all the local restaurants and shopping. I promise this one will not disappoint. We cannot wait for you to see it.
5332 Lava Ln, Indianapolis, IN 46237 is a 5 bedroom, 4 bathroom, 3,936 sqft single-family home in South Emerson, built in 2004. It last sold for $579,000 on Jun 17, 2024 (1% below the $585,000 asking price). It is currently off market. The Trulia Estimate is $611,500, with a rent estimate of $3,226/month.

Home Details for 5332 Lava Ln

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Daylight,FinishedNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Foyer, Kitchen, Laundry, Play Room
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 3936 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Water Heater, Water Softener OwnedDishwasherDisposalLaundry: Laundry Room,Main LevelMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas Log, Great RoomHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Screens, Windows VinylFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: Covered, DeckFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Parking Other(Finished Garage, Garage Door Opener)No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 1368 Square Feet

Days on Market

Cumulative Days on Market: 177

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491510101005000300

Price & Status

Price
List Price: $585,000
Status Change & Dates
Off Market Date: Sat May 11 2024Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Grey Fox Woods
School Information
High School: Franklin Central High SchoolHigh School District: Franklin Township Com Sch Corp

Building

Building Area
Building Area: 3936 Square Feet

Community

Community Features: Curbs, Sidewalks

HOA

Has an HOAHOA Fee: $240/Annually

Lot Information

Lot Area: 0.35 acres

Miscellaneous

BasementMls Number: 21978036Attic: Access Only

Additional Information

CurbsSidewalks
Last check for updates: about 6 hours ago
Listed by Natalie Lyons, (317) 439-9633
Best Life Realty Group
Bought with: Austin Stachel, White Stag Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#21978036

Price History for 5332 Lava Ln

DatePriceEventSource
06/17/2024$579,000Sold
MIBOR as distributed by MLS GRID #21978036
05/13/2024$585,000PendingMIBOR as distributed by MLS GRID #21978036
05/09/2024$585,000Listed For SaleMIBOR as distributed by MLS GRID #21978036
10/02/2023ListingRemovedMIBOR as distributed by MLS GRID #21942734
09/22/2023$585,000PriceChange
MIBOR as distributed by MLS GRID #21942734
09/11/2023$599,900Listed For SaleMIBOR as distributed by MLS GRID #21942734
08/27/2019$384,900ListingRemovedAgent Provided
08/27/2019$384,900Listed For SaleAgent Provided
08/26/2019$380,000Sold
MIBOR as distributed by MLS GRID #21644174
07/18/2019$384,900PendingAgent Provided
07/01/2019$384,900PendingToActiveAgent Provided
06/04/2019$384,900PendingAgent Provided
06/03/2019$384,900Listed For SaleAgent Provided
03/01/2019$379,899ListingRemovedAgent Provided
11/16/2018$379,899PriceChange
Agent Provided
10/15/2018$379,900PriceChange
Agent Provided
10/10/2018$389,900PriceChange
Agent Provided
09/06/2018$399,900Listed For SaleAgent Provided
07/26/2005$340,740Sold
MIBOR as distributed by MLS GRID #2529581

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$4,532
Assessment$558,800
Home facts updated by county records

Comparable Sales for 5332 Lava Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Single-Family Home
$610,000
12/29/25
4
3.5
4,646
0.20
Single-Family Home
$460,000
01/05/26
4
3.5
3,070
0.55
Single-Family Home
$715,000
05/01/26
5
3.5
4,113
0.33
Single-Family Home
$536,000
04/15/26
4
2.5
2,029
0.19
Single-Family Home
$365,000
06/01/26
4
3
1,965
0.20
Single-Family Home
$375,000
08/19/25
4
2.5
2,708
0.22
Single-Family Home
$495,000
05/29/26
4
3.5
3,219
0.66
Single-Family Home
$540,000
07/22/26
5
3.5
4,710
0.71
Single-Family Home
$530,000
04/29/26
5
3.5
4,189

Nearby homes

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Assigned Schools

These are the assigned schools for 5332 Lava Ln.
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

  • 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. "
  • 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."

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Off Market Homes Near 5332 Lava Ln

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Based on information submitted to the MLS GRID as of 2026-08-03 17:33:03 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