5416 Straw Hat Dr, Indianapolis, IN 46237
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Property image
OFF MARKET

5416 Straw Hat Dr
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 1.5 Baths
  • 936 sqft

$198,400

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $1,243/mo*

$198,400

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $1,243/mo*
3 Beds
1.5 Baths
936 sqft

Local Information

  • Map ViewExplore the area around 5416 Straw Hat Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Check out this 3 BR/1.5 BA ranch in Franklin Township which is situated on a corner lot tucked back in the quiet Southern View neighborhood. Updates include fresh interior paint, new carpet, and refreshed bathrooms. The HVAC system was replaced and is about 5 years old. The oversized 2-car garage, with fresh epoxy floor, along with the 10'x10' storage barn provide ample space for storage. Set up your showing today!
5416 Straw Hat Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 936 sqft single-family home in South Emerson, built in 1980. It last sold for the $207,900 asking price on Jun 6, 2025. It is currently off market. The Trulia Estimate is $198,400, with a rent estimate of $1,504/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5416 Straw Hat Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 936 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Electric Water Heater, Disposal, Electric Oven, Range Hood, RefrigeratorDisposalLaundry: Laundry ClosetRefrigerator
Heating & Cooling
Heating: Baseboard,Electric,Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: 200+ Amp ServiceHas Electric on Property
Windows, Doors, Floors & Walls
Window: Windows Vinyl, Wood Work Painted
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: Deck, PorchFencing: Fenced, Chain Link, PartialOther Structures: Barn MiniFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Finished Garage)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Concrete,Garage Door Opener,Storage
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 491503105020000300

Price & Status

Price
List Price: $207,900
Status Change & Dates
Off Market Date: Sat May 17 2025Possession Timing: Close Of Escrow, Negotiable

Location

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

Building

Building Area
Building Area: 936 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7840.8 sqft

Listing Info

Special Conditions: Estate

Miscellaneous

Mls Number: 22038950Attic: Pull Down Stairs
Last check for updates: about 3 hours ago
Listed by Eric Eisenmenger
Trusted Realty Partners of Ind
Bought with: Hilda Ellis, Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID, MLS#22038950

Price History for 5416 Straw Hat Dr

DatePriceEventSource
06/06/2025$207,900Sold
MIBOR as distributed by MLS GRID #22038950
05/19/2025$207,900PendingMIBOR as distributed by MLS GRID #22038950
05/16/2025$207,900Listed For SaleMIBOR as distributed by MLS GRID #22038950

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$1,246
Assessment$158,500
Home facts updated by county records

Comparable Sales for 5416 Straw Hat Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$179,500
12/23/25
3
1.5
936
0.06
Single-Family Home
$183,000
03/06/26
3
1
936
0.06
Single-Family Home
$184,900
05/06/26
3
1.5
960
0.16
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
0.16
Single-Family Home
$210,000
10/08/25
3
1.5
1,160
0.19
Single-Family Home
$218,000
09/12/25
3
1.5
1,056
0.14
Single-Family Home
$157,000
03/06/26
3
1
936
0.08
Single-Family Home
$219,900
02/13/26
3
1.5
1,818
0.25
Single-Family Home
$210,000
03/13/26
3
1.5
1,064
0.13
Single-Family Home
$215,000
11/07/25
3
1.5
1,216

Nearby homes

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Assigned Schools

These are the assigned schools for 5416 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."

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Off Market Homes Near 5416 Straw Hat Dr

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Based on information submitted to the MLS GRID as of 2026-07-19 23:18:13 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