5437 Pappas Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$247,800

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,864 sqft

5437 Pappas Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,600/mo*
Refinance Your Home
Currently Off Market - Sold Dec 1, 2023 for $230,000

Home Value

Trulia Estimate
$248K
Since last month
Decreased$2K (-0.8%)
Since last year
Increased$1K (+0.4%)
Since last sale
Increased$18K (+7.7%)
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 +95% in the last 10 years
MonthEstimated value
2026
September 2026$248K
August 2026$250K
July 2026$250K
June 2026$252K
May 2026$251K
April 2026$251K
March 2026$248K
February 2026$247K
January 2026$245K
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
5514 Meckes Ln, Indianapolis, IN
0.21
Single-Family Home
$235,000
10/10/25
3
1.5
1,564
5415 Wagon Wheel Trl, Indianapolis, IN
0.25
Single-Family Home
$219,900
02/13/26
3
1.5
1,818
5508 Armstrong Dr, Indianapolis, IN
0.07
Single-Family Home
$208,000
06/25/26
3
1
1,282
5512 Lunsford Dr, Indianapolis, IN
0.16
Single-Family Home
$225,000
11/12/25
3
1.5
1,290
5336 Concho Dr, Indianapolis, IN
0.24
Single-Family Home
$212,000
07/24/26
3
1.5
1,428
5330 Brazos Dr, Indianapolis, IN
0.27
Single-Family Home
$250,000
04/15/26
3
2
1,604
5505 Chisolm Trl, Indianapolis, IN
0.11
Single-Family Home
$201,500
01/28/26
4
1.5
1,368
5525 Prairie Dog Dr, Indianapolis, IN
0.24
Single-Family Home
$225,000
02/23/26
3
1
2,220
5434 Durango Ct, Indianapolis, IN
0.08
Single-Family Home
$195,000
08/24/26
3
1
910
5522 Sleet Dr, Indianapolis, IN
0.15
Single-Family Home
$250,000
01/21/26
3
1
2,228

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
5408 Armstrong Ct, Indianapolis, IN 46237
0.04
$263,500
4
2.5
2,308
Off Market
5414 Armstrong Ct, Indianapolis, IN 46237
0.03
$236,500
3
1.5
1,510
Off Market
5407 S Pappas Dr, Indianapolis, IN 46237
0.05
$215,900
3
1.5
1,374
Off Market
5408 Pappas Dr, Indianapolis, IN 46237
0.06
$225,300
3
1.5
1,564
Off Market
5408 S Pappas Dr, Indianapolis, IN 46237
0.07
$219,600
3
1.5
1,564
Off Market
5350 Pappas Dr, Indianapolis, IN 46237
0.09
$219,600
3
1.5
1,592
Off Market
5531 Lunsford Dr, Indianapolis, IN 46237
0.10
$235,600
3
1.5
1,520
Off Market
5513 S Pappas Dr, Indianapolis, IN 46237
0.05
$216,500
3
1.5
1,564
Off Market
5515 Lunsford Dr, Indianapolis, IN 46237
0.10
$266,300
4
2.5
1,958
Off Market
5508 Armstrong Dr, Indianapolis, IN 46237
0.07
$208,000
3
1
1,282
Recently Sold
5434 Durango Ct, Indianapolis, IN 46237
0.08
$195,000
3
1
910
Recently Sold

Local Information

  • Map ViewExplore the area around 5437 Pappas Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1976
1,864 sqft
$133/sqft
2 Car Garage

About this House

Welcome to your new dream home in the heart of Franklin Township, Indianapolis. This home is ready for you to move in, no renovations needed. Simply bring your personal touch and make it your own. The living room is a bright and inviting space flooded with natural light. It's the perfect spot for family gatherings, entertaining friends, or simply unwinding after a long day. The well-appointed kitchen boasts beautiful stainless steel appliances, providing both functionality and modern elegance. There's ample counter space for your culinary creations, and plenty of cabinets to keep your kitchen organized and clutter-free. On the main level, you'll discover a generously sized addition, ideal for entertaining guests, creating a home office, or even crafting a cozy reading nook. This versatile space allows you to customize it to suit your lifestyle. Upstairs, you'll find three comfortably sized bedrooms, each offering a peaceful sanctuary for relaxation and rest. Whether you need space for family, guests, or a home office, these bedrooms have you covered. This charming 2-story home is waiting for its new owner. Don't miss the opportunity to make it yours!
5437 Pappas Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,864 sqft single-family home in South Emerson, built in 1976. It last sold for $230,000 on Dec 1, 2023 (2% above the $225,000 asking price). More recently, it was listed as a rental in October 2012 with an asking price of $700 per month. That rental listing was removed on November 1, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $247,800, with a rent estimate of $1,817/month.
Last check for updates: about 8 hours ago
Listed by Kevin Hudoba
Keller Williams Indpls Metro N
Bought with: Dustin Branum, Keller Williams Indy Metro NE
Source: MIBOR as distributed by MLS GRID, MLS#21947360

Home Details for 5437 Pappas Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Hearth Room, Kitchen, Living Room, Sun Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1864 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Disposal, Electric Oven, Range Hood, Refrigerator, Electric Water Heater, HumidifierDishwasherDisposalLaundry: Laundry ClosetRefrigerator
Heating & Cooling
Heating: Electric,High Efficiency (90%+ AFUE )Has CoolingHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Hearth Room, Kitchen, Masonry, Wood BurningHas a Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: CoveredOther Structures: Barn MiniFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl With BrickNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491503103017000300

Price & Status

Price
List Price: $225,000
Status Change & Dates
Off Market Date: Mon Oct 23 2023Possession Timing: Negotiable

Location

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

Building

Building Area
Building Area: 1864 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Miscellaneous

Mls Number: 21947360

Price and Tax history

DateEventPrice
Dec 1, 2023
Source: MIBOR as distributed by MLS GRID #21947360
Sold
$230,000
Oct 24, 2023
Source: MIBOR as distributed by MLS GRID #21947360
Pending
$225,000
Oct 21, 2023
Source: MIBOR as distributed by MLS GRID #21947360
Listed For Sale
$225,000
Oct 31, 2017
Source: MIBOR as distributed by MLS GRID #21510990
Sold
$134,900
Oct 1, 2017
Source: Agent Provided
PriceChange
$134,900
Price decreased by 2%

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 2026-09-15 13:48:14 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 5437 Pappas Dr

  • What is 5437 Pappas Dr estimated to be worth?
    Trulia's estimated value for 5437 Pappas Dr in Indianapolis, IN is $247,800.
  • What is the price history for 5437 Pappas Dr?
    5437 Pappas Dr in Indianapolis, IN last sold for $230,000 in December 2023.
  • 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 5437 Pappas Dr have air conditioning?
    Yes, 5437 Pappas Dr in Indianapolis, IN has air conditioning.
  • Does 5437 Pappas Dr have laundry facilities?
    Yes, 5437 Pappas Dr in Indianapolis, IN has laundry facilities.

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