5422 Sleet Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$240,800

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,468 sqft

5422 Sleet Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,529/mo*
Refinance Your Home
Currently Off Market - Sold Apr 22, 2025 for $239,000

Home Value

Trulia Estimate
$241K
Since last month
Decreased$1K (-0.5%)
Since last year
Increased$1K (+0.5%)
Since last sale
Increased$3K (+1.3%)
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 +124% in the last 10 years
MonthEstimated value
2026
August 2026$242K
August 2026$241K
July 2026$243K
June 2026$243K
May 2026$240K
April 2026$240K
March 2026$245K
February 2026$248K
January 2026$241K
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
0.07
Single-Family Home
$248,000
07/10/26
5
2
1,794
0.13
Single-Family Home
$235,000
11/25/25
3
1.5
1,709
0.14
Single-Family Home
$225,000
02/13/26
3
1.5
1,611
0.18
Single-Family Home
$235,000
10/10/25
3
1.5
1,564
0.17
Single-Family Home
$218,000
07/16/26
3
2
1,482
0.20
Single-Family Home
$225,000
12/16/25
4
1.5
1,606
0.31
Single-Family Home
$219,900
12/05/25
4
2
1,748
0.37
Single-Family Home
$223,000
04/14/26
4
2
1,506
0.26
Single-Family Home
$252,450
04/08/26
3
2
1,243
0.29
Single-Family Home
$225,000
08/07/26
3
2
1,248

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
0.01
$228,500
3
2
1,510
Off Market
0.07
$248,000
5
2
1,794
Recently Sold
0.09
$256,000
3
2
2,362
Off Market
0.09
$256,700
4
1.5
2,448
Off Market
0.08
$226,000
3
2
1,632
Off Market
0.12
$228,800
3
1.5
1,484
Off Market
0.13
$235,000
3
1.5
1,709
Recently Sold
0.14
$255,100
4
2
2,040
Off Market
0.13
$256,000
4
2
1,986
Off Market
0.15
$250,000
4
2.5
1,965
For Sale
0.14
$225,000
3
1.5
1,611
Recently Sold

Local Information

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

Home Highlights

Single-Family Home
Built in 1976
1,468 sqft
$164/sqft
1 Car Garage

About this House

Welcome to 5422 Sleet Dr., a charming 1,468 sq. ft. ranch-style home nestled in the highly desirable Franklin Township School District. This meticulously maintained property offers a perfect blend of comfort, style, and functionality. Boasting four spacious bedrooms and two beautifully updated bathrooms, this home is ideal for modern family living. The attached garage provides ample space for both vehicle storage and additional storage needs. This residence features several recent upgrades, including a new roof and a high-efficiency HVAC system installed just three years ago, ensuring year-round comfort. Inside, you'll find updated interiors that exude warmth and tranquility, eliminating the need for any immediate renovations. Conveniently located just a short walk from Arlington Elementary, this home offers an ideal location for families seeking both peace and proximity to local amenities. Whether it's enjoying a quiet morning in the bright, well-equipped kitchen or relaxing in the cozy living spaces, 5422 Sleet Dr. provides an inviting atmosphere for making lasting memories. If you're looking for a move-in-ready home that combines charm, convenience, and practical living, this 4-bedroom ranch is ready to welcome you.
5422 Sleet Dr, Indianapolis, IN 46237 is a 4 bedroom, 2 bathroom, 1,468 sqft single-family home in South Emerson, built in 1976. It last sold for the $239,898 asking price on Apr 22, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $240,800, with a rent estimate of $1,773/month.
Last check for updates: about 3 hours ago
Listed by Terry Michael, (317) 519-3306
Honor Realty LLC
Bought with: Michelle Green, Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID, MLS#22005577

Home Details for 5422 Sleet Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1468 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, RefrigeratorDishwasherDisposalRefrigerator
Heating & Cooling
Heating: Heat Pump,ElectricHas HeatingHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

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

Days on Market

Cumulative Days on Market: 161

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491503129033000300

Price & Status

Price
List Price: $239,898
Status Change & Dates
Off Market Date: Mon Mar 24 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Arlington Acres
School Information
High School District: Franklin Township Com Sch Corp

Building

Building Area
Building Area: 1468 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Miscellaneous

Mls Number: 22005577Attic: Access Only

Price and Tax history

DateEventPrice
Apr 22, 2025
Source: MIBOR as distributed by MLS GRID #22005577
Sold
$239,000
Mar 26, 2025
Source: MIBOR as distributed by MLS GRID #22005577
Pending
$239,898
Mar 18, 2025
Source: MIBOR as distributed by MLS GRID #22005577
PriceChange
$239,898
Price decreased by 0%
Jan 14, 2025
Source: MIBOR as distributed by MLS GRID #22005577
Listed For Sale
$239,899
Jan 4, 2025
Source: MIBOR as distributed by MLS GRID #22005577
ListingRemoved
$239,900

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7K
MoM
Sale-to-List Price
99.7%
0.1%
MoM
Price per sq ft
$145
$1
MoM
Available listings
4241
187
MoM

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
    "Iโ€™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 isnโ€™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."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-14 00:43:08 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

Frequently asked questions about 5422 Sleet Dr

  • What is 5422 Sleet Dr estimated to be worth?
    Trulia's estimated value for 5422 Sleet Dr in Indianapolis, IN is $240,800.
  • What is the price history for 5422 Sleet Dr?
    5422 Sleet Dr in Indianapolis, IN last sold for $239,000 in April 2025.
  • 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 $257K. That is up $6.7K from the prior month.
  • How big is the lot at 5422 Sleet Dr?
    The lot at 5422 Sleet Dr in Indianapolis, IN is about 0.19 acres (8,276 sq ft).
  • Does 5422 Sleet Dr have a garage?
    Yes, 5422 Sleet Dr in Indianapolis, IN has an attached garage.

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