5422 Floating Leaf Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

5422 Floating Leaf Dr
Indianapolis, IN 46237

Galludet
  • 4 Beds
  • 2.5 Baths
  • 3,721 sqft

$360,700

Trulia Estimate
as of Aug 17, 2026

$360,700

Trulia Estimate
as of Aug 17, 2026
4 Beds
2.5 Baths
3,721 sqft

Home Value

Trulia Estimate
$361K
Since last month
Increased$1K (+0.3%)
Since last year
Increased$2K (+0.7%)
Since last sale
Increased$12K (+3.4%)
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 +101% in the last 10 years
MonthEstimated value
2026
August 2026$362K
July 2026$361K
June 2026$364K
May 2026$362K
April 2026$359K
March 2026$366K
February 2026$367K
January 2026$357K
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
5322 Lily Pad Ln, Indianapolis, IN
0.09
Single-Family Home
$335,900
08/29/25
4
2.5
2,752
5334 Lily Pad Ln, Indianapolis, IN
0.06
Single-Family Home
$345,000
07/24/26
5
2.5
3,243
5522 Grassy Bank Dr, Indianapolis, IN
0.11
Single-Family Home
$325,000
08/20/25
4
2.5
2,961
5236 Skipping Stone Dr, Indianapolis, IN
0.20
Single-Family Home
$300,000
02/17/26
4
2.5
2,842
5557 Floating Leaf Dr, Indianapolis, IN
0.17
Single-Family Home
$280,000
02/02/26
3
2.5
2,353
5142 Cedar Mill Ln, Indianapolis, IN
0.25
Single-Family Home
$410,000
04/24/26
4
2.5
3,198
5403 Grassy Bank Dr, Indianapolis, IN
0.08
Single-Family Home
$190,000
05/18/26
5
2.5
5,725
5817 Grassy Bank Dr, Indianapolis, IN
0.39
Single-Family Home
$333,000
04/24/26
4
2.5
2,875
7129 Dublin Ln, Indianapolis, IN
0.30
Single-Family Home
$255,000
05/29/26
4
2.5
2,566

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
5416 Floating Leaf Dr, Indianapolis, IN 46237
0.01
$335,200
3
2.5
3,232
Off Market
5502 Floating Leaf Dr, Indianapolis, IN 46237
0.08
$305,000
4
2.5
2,396
For Sale
5426 Grassy Bank Dr, Indianapolis, IN 46237
0.05
$309,200
3
2.5
2,842
Off Market
5427 Skipping Stone Dr, Indianapolis, IN 46237
0.10
$349,800
4
2.5
3,454
Off Market
5421 Skipping Stone Dr, Indianapolis, IN 46237
0.10
$356,100
4
2.5
3,564
Off Market
5334 Lily Pad Ln, Indianapolis, IN 46237
0.06
$345,000
5
2.5
3,243
Recently Sold
5522 Grassy Bank Dr, Indianapolis, IN 46237
0.11
$327,900
4
2.5
2,961
Off Market
5415 Grassy Bank Dr, Indianapolis, IN 46237
0.08
$336,400
4
2.5
2,798
Off Market
5447 Grassy Bank Dr, Indianapolis, IN 46237
0.10
$312,400
3
2.5
2,423
Off Market
5534 Grassy Bank Dr, Indianapolis, IN 46237
0.13
$305,700
4
2.5
2,602
Off Market
5511 Skipping Stone Dr, Indianapolis, IN 46237
0.13
$346,700
5
2.5
3,679
Off Market

Local Information

  • Map ViewExplore the area around 5422 Floating Leaf Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2003
Living Area
3,721 sqft
Price/Sqft
$97
Parking
2 Car Garage
HOA
$22/Monthly

About this House

Check out this spacious gem in Franklin Township! Welcome to 5422 Floating Leaf Dr. in Water's Edge, where you get over 3700 square feet of living space. This 4-bedroom, 2.5-bath home also has a separate office that could easily become a 5th bedroom if you need it. Step into the first of three roomy living areas-perfect for a formal living and dining setup. The kitchen and sunroom are designed to make the most of the views of the neighborhood pond, so you can enjoy the scenery while cooking or relaxing. With granite countertops, freshly painted cabinets, and a large utility room/pantry, you'll have all the storage you need. The downstairs office offers tons of flexibility for whatever you need. Upstairs, you'll find all four bedrooms, including a large primary bedroom with even more fantastic views. The primary bath features a walk-in closet, separate tub, and an updated shower. There's also a big loft area with stylish engineered hardwood floors. The hall bath has been updated as well. The 2-car garage comes with a handy bump-out, and the fully fenced backyard is ready for entertaining with its great patio space. Also in the rear of the home, the back half of the roof was replaced just days before listing! This is a must see!
5422 Floating Leaf Dr, Indianapolis, IN 46237 is a 4 bedroom, 3 bathroom, 3,721 sqft single-family home in Galludet, built in 2003. It last sold for $350,000 on Oct 11, 2024 (3% below the $359,900 asking price). It is currently off market. The Trulia Estimate is $360,700, with a rent estimate of $2,605/month.

Home Details for 5422 Floating Leaf Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 13Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Breakfast Room, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office, Play Room, Sun Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3721 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener OwnedDishwasherDisposalLaundry: Upper LevelRefrigerator
Heating & Cooling
Heating: Forced Air,Heat Pump,ElectricHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood
View
Has a ViewView: Pond

Exterior Features

Exterior Home Features
Patio / Porch: Patio, CoveredFencing: Fenced, Fence Full RearFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Finished Garage, Keyless Entry)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
WaterfrontWaterfront: Pond, Water ViewOn Waterfront
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 61

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Brick, Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491502109060000300

Price & Status

Price
List Price: $359,900
Status Change & Dates
Off Market Date: Tue Oct 01 2024Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: IndianapolisCommunity: Waters Edge At Cummins Farm
School Information
High School: Franklin Central High SchoolHigh School District: Franklin Township Com Sch Corp

Building

Building Area
Building Area: 3721 Square Feet

HOA

HOA Fee Includes: Association Home Owners, Entrance Common, Insurance, Maintenance, Nature Area, ParkPlaygroundHOA Phone: 317-570-4358Has an HOAHOA Fee: $133/Semi-Annually

Lot Information

Lot Area: 6534 sqft

Listing Info

Special Conditions: None

Miscellaneous

Mls Number: 21992337Water View: Pond
Last check for updates: about 11 hours ago
Listed by Jeff Appel, (317) 402-0318
F.C. Tucker Company
Bought with: Andres Rodriguez, Rodriguez Real Estate Group
Source: MIBOR as distributed by MLS GRID, MLS#21992337

Price and Tax history

DateEventPrice
Oct 11, 2024
Source: MIBOR as distributed by MLS GRID #21992337
Sold
$350,000
Oct 3, 2024
Source: MIBOR as distributed by MLS GRID #21992337
Pending
$359,900
Aug 23, 2024
Source: MIBOR as distributed by MLS GRID #21992337
Listed For Sale
$359,900
Mar 4, 2020
Source: N/A
Sold
$233,000
Jan 21, 2020
Source: Agent Provided
Pending
$232,500

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
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Around this home

Neighborhood Overview

Galludet
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Galludet

At least 56 Trulia users voted on each feature.

  • 97 % Say car is needed

  • 91 % Say yards are well-kept

  • 89 % Say parking is easy

  • 89 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 84 % Say kids play outside

  • 75 % Say people would walk alone at night

  • 74 % Say there's holiday spirit

  • 65 % Say it's quiet

  • 65 % Say streets are well-lit

  • 58 % Say neighbors are friendly

  • 52 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 36 % Say there are community events

  • 29 % Say it's walkable to restaurants

  • 12 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Debi Woodmansee
    "There is a Dog park a few blocks away from the neighborhood. Fenced in yards allowed, sidewalks to take your dogs on a walk safely. "
    0
    Flag
  • Debi Woodmansee
    "I live a few minutes drive to local dining options and grocery stores, hospitals and the library. 13 minutes to my work. "
    0
    Flag
  • Debi Woodmansee
    "Food trucks, pool, playgrounds, fishing ponds, close to stores, eateries, library, gymnastics, great schools."
    0
    Flag
  • Trulia User
    "There are lots of children and they are good wholesome children. Friendly and helpful neighbors. It’s a fun, interactive neighborhood."
    0
    Flag
  • Trulia User
    "Safe and police officer and the cleanness of it and have grocery shops and shopping nearby and you are safe to walk your dog "
    0
    Flag
  • Trulia User
    "I have lived here for 3 years and I have always felt safe for my family and friend and the neighbors keep to they selves and police officers reside in the neighborhood also so extra safe"
    0
    Flag
  • Trulia User
    "Fantastic area to raise a family only about 15 minutes away from downtown and everything you need is right down the road without feeling congested it feels very homely out here"
    0
    Flag
  • Patti T. T.
    "we recently celebrated July 4th with a huge community party. it was very nice to see so many join us and meet others in the neighborhood"
    1
    Flag
  • Patti T. T.
    "You see people walking their dogs all the time, sometimes joggers even have their dogs joggling along. People clean up after their pets also."
    1
    Flag
  • Sarah B.
    "A very quiet and friendly neighborhood, I never lock my doors and have no worries about leaving the car running while I run inside. I frequently take late night strolls alone and have NEVER been afraid. I love seeing the wild bunnies in the spring. In the afternoon, if you're outside, you can distantly hear the kids at the elementary school having recess, which I've always found sweet"
    0
    Flag
  • Monkeygirl6437
    "My neighborhood is quiet. A good mix of older and younger families. Everyone watches out for each other. Is close to everything but far enough away to feel secluded. "
    0
    Flag
  • Nicole N.
    "It’s a great place to live it’s nice and decently quiet and I love living in this neighborhood my kids and I love it "
    0
    Flag
  • Nicole N.
    "There are lots of dogs in my neighborhood and lots of dog owners. I feel like it’s a safe environment. "
    0
    Flag
  • Mcguiregroup
    "We have our own neighborhood Facebook page and everyone posts things about the neighborhood about what’s going on both good and bad. "
    0
    Flag
  • Colleen H.
    "Lots of walking trails and street lights. There is a park nearby thats pet friendly and paved streets around the neighborhood "
    0
    Flag
  • Colleen H.
    "you need a car in this area. Good schools reasonable priced houses. Near freeway and close to downtown "
    0
    Flag
  • Sam_hannah77
    "It’s inexpensive and safe. It’s friendly with a lot of kids. It has a great school system and our neighbors have always been helpful. "
    16
    Flag
  • Colleen H.
    "love my neighborhood its got a great school district and the houses are well kept houses sell quickly shops are close and the freeway is 5 mins away"
    0
    Flag
  • Sam_hannah77
    "We Live in southeast side in Franklin Township. Great schools, clean and friendly community. Our neighborhood feels very safe and it’s easy to get to downtown. "
    0
    Flag
  • amagesh
    "I have one of my friend living in this area. It is a great location, good schools, closer to shopping centers and malls. 15 minutes drive to downtown and greenwood mall. It is a great neighborhood."
    0
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  • Marcy R.
    "We love this area! We have lived here since 2008 and enjoy living close to Indy. It's easy to get anywhere with three interstates within 10 minutes (I-65, I-465, & I-74). It's a great place to live!"
    0
    Flag
  • jontattoo
    "great area for kids great schools"
    2
    Flag
  • Kristina B.
    "Perfect for families, close to shopping, groceries, and entertainment. Great Franklin Township Schools! Community Pool, play area, shelter house, & more!"
    0
    Flag

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Homes for sale near 5422 Floating Leaf Dr

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Off Market Homes Near 5422 Floating Leaf Dr

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Frequently asked questions about 5422 Floating Leaf Dr

  • What is 5422 Floating Leaf Dr estimated to be worth?
    Trulia's estimated value for 5422 Floating Leaf Dr in Indianapolis, IN is $360,700.
  • What is the price history for 5422 Floating Leaf Dr?
    5422 Floating Leaf Dr in Indianapolis, IN last sold for $350,000 in October 2024.
  • 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 $251K. That is up $10K from the prior month.
  • Does 5422 Floating Leaf Dr have air conditioning?
    Yes, 5422 Floating Leaf Dr in Indianapolis, IN has air conditioning.
  • Does 5422 Floating Leaf Dr have laundry facilities?
    Yes, 5422 Floating Leaf Dr in Indianapolis, IN has laundry facilities.
Based on information submitted to the MLS GRID as of 2026-08-17 03:12:53 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