5434 Straw Hat Dr, Indianapolis, IN 46237
OFF MARKET

$197,800

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,064 sqft

5434 Straw Hat Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,269/mo*
Refinance Your Home
Currently Off Market - Sold Apr 7, 2021 for $150,000

Home Value

Trulia Estimate
$198K
Since last month
Increased$300 (+0.2%)
Since last year
Decreased$6K (-2.8%)
Since last sale
Increased$48K (+31.7%)
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 +109% in the last 10 years
MonthEstimated value
2026
August 2026$198K
August 2026$197K
July 2026$197K
June 2026$206K
May 2026$206K
April 2026$204K
March 2026$202K
February 2026$201K
January 2026$198K
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
5427 Straw Hat Dr, Indianapolis, IN
0.03
Single-Family Home
$179,500
12/23/25
3
1.5
936
5338 Straw Hat Ct, Indianapolis, IN
0.03
Single-Family Home
$183,000
03/06/26
3
1
936
5334 Straw Hat Ct, Indianapolis, IN
0.04
Single-Family Home
$184,900
05/06/26
3
1.5
960
5249 Straw Hat Dr, Indianapolis, IN
0.18
Single-Family Home
$157,000
03/06/26
3
1
936
5261 Cactus Ct, Indianapolis, IN
0.15
Single-Family Home
$210,000
10/08/25
3
1.5
1,160
5434 Durango Ct, Indianapolis, IN
0.11
Single-Family Home
$195,000
08/24/26
3
1
910
5248 Yucatan Dr, Indianapolis, IN
0.24
Single-Family Home
$162,000
06/22/26
3
1
1,096
5331 Yucatan Dr, Indianapolis, IN
0.20
Single-Family Home
$195,000
11/20/25
3
1.5
1,060
5336 Concho Dr, Indianapolis, IN
0.09
Single-Family Home
$212,000
07/24/26
3
1.5
1,428
5415 Wagon Wheel Trl, Indianapolis, IN
0.09
Single-Family Home
$219,900
02/13/26
3
1.5
1,818

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
5427 Straw Hat Dr, Indianapolis, IN 46237
0.03
$179,500
3
1.5
936
Recently Sold
5338 Straw Hat Ct, Indianapolis, IN 46237
0.03
$183,000
3
1
936
Recently Sold
5418 Chisolm Trl, Indianapolis, IN 46237
0.05
$203,000
3
1
1,016
Off Market
5334 Straw Hat Ct, Indianapolis, IN 46237
0.04
$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
0.07
$209,200
3
1.5
1,088
Off Market
5325 Lobo Dr, Indianapolis, IN 46237
0.05
$181,700
3
1
884
Off Market
5505 Chisolm Trl, Indianapolis, IN 46237
0.09
$201,500
4
1.5
1,368
Recently Sold
5431 E Durango Ct, Indianapolis, IN 46237
0.09
$173,100
3
1
1,028
Off Market
5431 Durango Ct, Indianapolis, IN 46237
0.09
$206,200
3
1
1,028
Off Market
5328 Lobo Dr, Indianapolis, IN 46237
0.07
$240,000
4
2
2,300
Off Market
5336 Concho Dr, Indianapolis, IN 46237
0.09
$212,000
3
1.5
1,428
Recently Sold

Local Information

  • Map ViewExplore the area around 5434 Straw Hat Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1980
1,064 sqft
$186/sqft
Garage

About this House

Welcome Home To Lots Of Updates In This 3 Bed, 1.5 Bath Ranch In Southern View. Very Well Maintained With New Windows In '06 And Brand New Sliding Glass Door With Screen To Your Large, Fully Fenced In Backyard With Mini Barn For Extra Storage. Updated Eat-In Kitchen With Back Splash, Hard Surface Counter Tops, And Updated Cabinets And Drawers That Are Already Child Proofed. Separate Laundry Room Behind Kitchen That Houses The Water Heater Replaced In '16. New Hvac System Installed In 2016. Updated Laminate Flooring In Living And Kitchen Areas. Electric Panel Replaced In 2018. New Baseboard And Trim Throughout. All Of This Conveniently Located On The South Side Of Indianapolis. Franklin Township School District.
5434 Straw Hat Dr, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 1,064 sqft single-family home in South Emerson, built in 1980. It last sold for $150,000 on Apr 7, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $197,800, with a rent estimate of $1,415/month.

Home Details for 5434 Straw Hat Dr

Interior Features

Heating & Cooling
Heating: Forced Air, Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 6Types of Rooms: Laundry Room
Appliances & Utilities
Refrigerator

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: VinylPorch
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1980Year Updated: 1980
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 7379 sqft

Price and Tax history

DateEventPrice
Apr 7, 2021
Source: N/A
Sold
$150,000
Feb 28, 2021
Source: MIBOR as distributed by MLS GRID #21768530
Pending
$142,000
Feb 27, 2021
Source: MIBOR as distributed by MLS GRID #21768530
Listed For Sale
$142,000
Oct 9, 2018
Source: MIBOR as distributed by MLS GRID #21590752
Sold
$119,000
Aug 25, 2018
Source: Agent Provided
Pending
$125,000

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

Frequently asked questions about 5434 Straw Hat Dr

  • What is 5434 Straw Hat Dr estimated to be worth?
    Trulia's estimated value for 5434 Straw Hat Dr in Indianapolis, IN is $197,800.
  • What is the price history for 5434 Straw Hat Dr?
    5434 Straw Hat Dr in Indianapolis, IN last sold for $150,000 in April 2021.
  • 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 5434 Straw Hat Dr have air conditioning?
    Yes, 5434 Straw Hat Dr in Indianapolis, IN has air conditioning.
  • Does 5434 Straw Hat Dr have laundry facilities?
    Yes, 5434 Straw Hat Dr in Indianapolis, IN has laundry facilities.

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