5427 Straw Hat Dr, Indianapolis, IN 46237
Property image
Property image
SOLD
DEC 23, 2025

$180,400

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 936 sqft

5427 Straw Hat Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,164/mo*
Refinance Your Home
Currently Off Market - Sold Dec 23, 2025 for $179,500 (0% below list price)

Home Value

Trulia Estimate
$180K
Since last month
Decreased$2K (-0.9%)
Since last year
Increased$29K (+19.2%)
Since last sale
Increased$300 (+0.2%)
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 +117% in the last 10 years
MonthEstimated value
2026
September 2026$180K
August 2026$180K
July 2026$181K
June 2026$182K
May 2026$182K
April 2026$181K
March 2026$182K
February 2026$181K
January 2026$180K
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
5334 Straw Hat Ct, Indianapolis, IN
0.07
Single-Family Home
$184,900
05/06/26
3
1.5
960
5338 Straw Hat Ct, Indianapolis, IN
0.06
Single-Family Home
$183,000
03/06/26
3
1
936
5434 Durango Ct, Indianapolis, IN
0.08
Single-Family Home
$195,000
08/24/26
3
1
910
5249 Straw Hat Dr, Indianapolis, IN
0.18
Single-Family Home
$157,000
03/06/26
3
1
936
5429 Pecos Ct, Indianapolis, IN
0.14
Single-Family Home
$194,900
07/28/26
3
1
912
5331 Yucatan Dr, Indianapolis, IN
0.19
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
5261 Cactus Ct, Indianapolis, IN
0.18
Single-Family Home
$210,000
10/08/25
3
1.5
1,160
5248 Yucatan Dr, Indianapolis, IN
0.22
Single-Family Home
$162,000
06/22/26
3
1
1,096
5179 Laredo St, Indianapolis, IN
0.28
Single-Family Home
$184,300
06/03/26
3
1
912

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
5338 Straw Hat Ct, Indianapolis, IN 46237
0.06
$183,000
3
1
936
Recently Sold
5418 Chisolm Trl, Indianapolis, IN 46237
0.02
$203,000
3
1
1,016
Off Market
5334 Straw Hat Ct, Indianapolis, IN 46237
0.07
$184,900
3
1.5
960
Recently Sold
5416 Straw Hat Dr, Indianapolis, IN 46237
0.04
$195,900
3
1.5
936
Off Market
5512 Straw Hat Dr, Indianapolis, IN 46237
0.09
$209,200
3
1.5
1,088
Off Market
5325 Lobo Dr, Indianapolis, IN 46237
0.08
$181,700
3
1
884
Off Market
5505 Chisolm Trl, Indianapolis, IN 46237
0.08
$201,500
4
1.5
1,368
Recently Sold
5431 E Durango Ct, Indianapolis, IN 46237
0.06
$173,100
3
1
1,028
Off Market
5431 Durango Ct, Indianapolis, IN 46237
0.06
$206,200
3
1
1,028
Off Market
5328 Lobo Dr, Indianapolis, IN 46237
0.09
$240,000
4
2
2,300
Off Market
5336 Concho Dr, Indianapolis, IN 46237
0.12
$212,000
3
1.5
1,428
Recently Sold

Local Information

  • Map ViewExplore the area around 5427 Straw Hat Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1979
936 sqft
$192/sqft
1 Car Garage

About this House

Nestled at 5427 Straw Hat DR, INDIANAPOLIS, IN, this single-family residence offers a wonderful opportunity to embrace the charm of homeownership. With three bedrooms and one full bathroom, this residence provides comfortable accommodations to suit your lifestyle. The thoughtfully designed layout maximizes the 936 square feet of living area, creating an inviting atmosphere. A convenient half bathroom adds functionality to the residence. Built in 1979, this single-story home holds timeless appeal. Kitchen was updated within the last few years. Brand new Stainless Steel refrigerator, stove, and microwave purchased October 2025. This house was a long-term rental property by the original owners and would be a great investment property or would make a wonderful first home.
5427 Straw Hat Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 936 sqft single-family home in South Emerson, built in 1979. It last sold for the $179,900 asking price on Dec 23, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $180,400, with a rent estimate of $1,381/month.
Last check for updates: about 14 hours ago
Listed by Brian Wignall, (317) 797-3580
F.C. Tucker Company
Bought with: Matthew Mielke, (317) 538-3957, Envoy Real Estate, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22057384

Home Details for 5427 Straw Hat Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 4Types 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 Cooktop, Microwave, Electric Oven, RefrigeratorLaundry: Connections AllMicrowaveRefrigerator
Heating & Cooling
Heating: Baseboard,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: 100 Amp ServiceHas Electric on Property
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Fencing: FencedFoundation: 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: 6

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Aluminum SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 491503105005000300

Price & Status

Price
List Price: $179,900Price Per Sqft: $192/sqft
Status Change & Dates
Off Market Date: Thu Nov 20 2025Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
Elementary School: Arlington Elementary SchoolJr 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: 6969.6 sqft

Miscellaneous

Mls Number: 22057384Attic: Access Only

Price and Tax history

DateEventPrice
Dec 23, 2025
Source: MIBOR as distributed by MLS GRID #22057384
Sold
$179,500
Nov 21, 2025
Source: MIBOR as distributed by MLS GRID #22057384
Pending
$179,900
Nov 18, 2025
Source: MIBOR as distributed by MLS GRID #22057384
PendingToActive
$179,900
Oct 20, 2025
Source: MIBOR as distributed by MLS GRID #22057384
Pending
$179,900
Oct 15, 2025
Source: MIBOR as distributed by MLS GRID #22057384
Listed For Sale
$179,900

Market trends in Indianapolis

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

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

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 5427 Straw Hat Dr

  • What is 5427 Straw Hat Dr estimated to be worth?
    Trulia's estimated value for 5427 Straw Hat Dr in Indianapolis, IN is $180,400.
  • What is the price history for 5427 Straw Hat Dr?
    5427 Straw Hat Dr in Indianapolis, IN last sold for $179,500 in December 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.
  • Does 5427 Straw Hat Dr have air conditioning?
    Yes, 5427 Straw Hat Dr in Indianapolis, IN has air conditioning.
  • Does 5427 Straw Hat Dr have laundry facilities?
    Yes, 5427 Straw Hat Dr in Indianapolis, IN has laundry facilities.

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