5435 Floating Leaf Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$252,700

Trulia Estimate
as of Oct 28, 2026
  • 3 Beds
  • 2 Baths
  • 1,820 sqft

5435 Floating Leaf Dr, Indianapolis, IN 46237

Galludet

Home Highlights

Single-Family Home
Built in 2003
1,820 sqft
$139/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 5435 Floating Leaf Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:In-home laundry appliances
This home is professionally managed by Tricon Residential, dedicated to creating exceptional rental experiences. Featuring 3 bedrooms, 2.0 bathrooms, and approximately 1,820 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage a program designed to support your rental journey. Benefits include: (i) Our industry-first Resident Bill of Rights (outlining our commitment to an exceptional rental experience), (ii) free positive credit reporting, and (iii) up to $5,000 in down payment assistance after five years of residency. Tricon is proud to offer homes where residents feel supported every step of the way.

- Please beware of leasing fraud! If someone other than an official Tricon Residential leasing agent attempts to rent you a home that is owned and professionally managed by Tricon Residential, please call our Fraud Prevention Hotline at 877.241.
- Rental Registration. This home is in a community that has rental registration requirements. Your move-in date may be delayed, pending rental registration approval. Please consult with your leasing agent for more details.
- This home may be in a community that has rental registration requirements. If so, please note that your move-in date may be delayed pending rental registration approval. Please consult with your leasing agent for more details.
- There is an application fee of $55 (or less depending on the state) per occupant aged 18 or older. Completed applications are considered on a "first-come, first-served" basis. There is a holding deposit of $250 per home, which is credited to the approved applicant's first month's rent after move-in, refunded if the application is denied, or forfeited if the move-in is canceled by an approved applicant. Approved applicants are required to execute a Lease Agreement and submit the full security deposit within 48 hours after approval of the Lease. The Lease start date must be within 10 days after approval (certain exceptions may apply at Tricon Single-Family Rental Communities). This requirement is applicable even if an approved applicant has not seen the inside of the home. Tricon Residential is proud to be an Equal Opportunity Housing Provider.
- Minimum lease term is one-year (13 mos. for homes in California). We collect a security deposit equal to one month's rent for all new leases. Resident pays for all utilities including trash, sewer, and water.
- For homes with an available lease term greater than 18 months, a 3% annual base rent escalation will apply.
- Tricon is a pet-friendly housing provider. We accept most dogs, cats, birds, small caged mammals and fish. However, pets often have an impact on our homes which causes excessive wear and tear. That's why we require a one-time fee of $300 for each pet (except in CA, CO, OR, WA, and WI), and $44 per month pet rent ($35 in Colorado).
- Pricing displayed reflects the lowest option for a given lease term and is deemed reliable but not guaranteed. Actual pricing will vary based on the options selected. We may revise the pricing for products and services we offer without prior notice.
- A Smart Home Fee of $21.95 per month applies to any home with Smart Home technology.
- A monthly Solar Fee will apply to certain homes equipped with a solar system; the fee varies by home. The energy generated by the solar systems can result in a credit to offset utility costs.
- An administrative fee is due prior to move-in. Other mandatory fees or charges may apply; review the Lease carefully for a full list of applicable fees and charges.
- Tricon makes every effort to display accurate home amenity charge information. However, on rare occasions, a home may have an amenity (and a related charge) that is not reflected on our website. To double-check the amenity charges for this home, please consult with your leasing agent.
- All Promotions are subject to the specific terms, conditions, and restrictions disclosed in connection therewith, and are subject to being changed or discontinued without notice. Photos are representative only and may not reflect the home's current appliances or other features. If you have specific questions about a home's features, please contact us. While we strive for accuracy, pricing, availability, and other listing information may include technical inaccuracies or typographical errors.
- Other terms and conditions apply. Refer to our online Terms of Agreement for more details.
- This home is equipped with in-home laundry appliances, which Tricon will provide and maintain. We charge $35 per month for homes with in-place washer/dryers.

Offer expires on Tuesday, September 30, 2025. Valid only on select vacant, move-in ready units; subject to availability and approved application screening. Valid only for new, qualifying applicants 18 years or older; offer does not apply to renewals or additional residents in occupied homes. Minimum lease term may be required, and this offer cannot be combined with any other offers. Tricon Residential may change or cancel this offer at any time in its sole discretion. Additional terms, conditions, and other restrictions apply; contact the leasing office for details.
5435 Floating Leaf Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,820 sqft single-family home in Galludet, built in 2003. It last sold for $125,000 on Dec 28, 2015 (7,527% above the $1,639 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $1,849 per month. That rental listing was removed on September 19, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $252,700, with a rent estimate of $1,885/month.
Contact this Building

Home Details for 5435 Floating Leaf Dr

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Interior Features

Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

Parking & Garage
Parking: Attached, On Site

Comparable Sales for 5435 Floating Leaf Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$275,000
04/27/26
3
2
1,770 sqft
0.20
Single-Family Home
$317,450
08/26/26
3
2
1,942 sqft
0.28
Single-Family Home
$263,000
12/18/25
3
2
1,770 sqft
0.24
Single-Family Home
$279,000
08/11/26
3
2
1,572 sqft
0.15
Single-Family Home
$214,068
06/03/26
3
2.5
2,622 sqft
0.33
Single-Family Home
$277,000
09/15/26
3
2
1,900 sqft
0.17
Single-Family Home
$280,000
02/02/26
3
2.5
2,353 sqft
0.24
Single-Family Home
$263,000
03/13/26
3
2.5
2,034 sqft
0.39
Single-Family Home
$248,000
02/26/26
3
2
1,680 sqft
0.29
Single-Family Home
$330,000
06/26/26
3
2
2,355 sqft

Nearby homes

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Price and Tax history

DateEventPrice
Sep 19, 2025
Source: Zillow Rentals
ListingRemoved
$1,639
Sep 15, 2025
Source: Zillow Rentals
PriceChange
$1,639
Price decreased by 4%
Sep 9, 2025
Source: Zillow Rentals
PriceChange
$1,709
Price decreased by 3%
Sep 2, 2025
Source: Zillow Rentals
PriceChange
$1,769
Price decreased by 3%
Aug 27, 2025
Source: Zillow Rentals
PriceChange
$1,829
Price decreased by 1%

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Galludet

This October

Trick-or-Treat Score

Built from what locals say about Galludet.
  • 87% say there are sidewalks
  • 74% say there's holiday spirit
  • 58% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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. "
  • Debi Woodmansee
    "I live a few minutes drive to local dining options and grocery stores, hospitals and the library. 13 minutes to my work. "
  • Debi Woodmansee
    "Food trucks, pool, playgrounds, fishing ponds, close to stores, eateries, library, gymnastics, great schools."
  • Trulia User
    "There are lots of children and they are good wholesome children. Friendly and helpful neighbors. It’s a fun, interactive neighborhood."
  • 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 "
  • 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"
  • 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"
  • 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"
  • 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."
  • 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"
  • 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. "
  • 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 "
  • Nicole N.
    "There are lots of dogs in my neighborhood and lots of dog owners. I feel like it’s a safe environment. "
  • Mcguiregroup
    "We have our own neighborhood Facebook page and everyone posts things about the neighborhood about what’s going on both good and bad. "
  • Colleen H.
    "Lots of walking trails and street lights. There is a park nearby thats pet friendly and paved streets around the neighborhood "
  • Colleen H.
    "you need a car in this area. Good schools reasonable priced houses. Near freeway and close to downtown "
  • 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. "
  • 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"
  • 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. "
  • 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."
  • 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!"
  • jontattoo
    "great area for kids great schools"
  • Kristina B.
    "Perfect for families, close to shopping, groceries, and entertainment. Great Franklin Township Schools! Community Pool, play area, shelter house, & more!"

LGBTQ Local Legal Protections

Frequently asked questions about 5435 Floating Leaf Dr

  • What is 5435 Floating Leaf Dr estimated to be worth?
    Trulia's estimated value for 5435 Floating Leaf Dr in Indianapolis, IN is $252,700.
  • What is the price history for 5435 Floating Leaf Dr?
    5435 Floating Leaf Dr in Indianapolis, IN last sold for $125,000 in December 2015.
  • 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 $253K. That is up $2.33K from the prior month.
  • Does 5435 Floating Leaf Dr have laundry facilities?
    Yes, 5435 Floating Leaf Dr in Indianapolis, IN has in-unit laundry.
  • Does 5435 Floating Leaf Dr have parking?
    Yes, 5435 Floating Leaf Dr in Indianapolis, IN has on-site parking.

Homes for rent near 5435 Floating Leaf Dr

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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