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

5437 Pappas Dr
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 1.5 Baths
  • 1,864 sqft

$251,000

Trulia Estimate
as of Jul 30, 2026
Est. Refi. Payment $1,565/mo*
Refinance Your Home

$251,000

Trulia Estimate
as of Jul 30, 2026
Est. Refi. Payment $1,565/mo*
Refinance Your Home
3 Beds
1.5 Baths
1,864 sqft

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

Property Type
Single-Family Home
Year Built
1976
Living Area
1,864 sqft
Price/Sqft
$135
Parking
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. It is currently off market. The Trulia Estimate is $251,000, with a rent estimate of $1,733/month.

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
Last check for updates: about 17 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

Price History for 5437 Pappas Dr

DatePriceEventSource
12/01/2023$230,000Sold
MIBOR as distributed by MLS GRID #21947360
10/24/2023$225,000PendingMIBOR as distributed by MLS GRID #21947360
10/21/2023$225,000Listed For SaleMIBOR as distributed by MLS GRID #21947360
10/31/2017$134,900Sold
MIBOR as distributed by MLS GRID #21510990
10/01/2017$134,900PriceChange
Agent Provided
09/28/2017$137,500PriceChange
Agent Provided
09/21/2017$139,900PriceChange
Agent Provided
09/07/2017$142,500Listed For SaleAgent Provided
11/01/2012$700ListingRemovedAgent Provided
10/18/2012$700Listed For RentAgent Provided

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$2,287
Assessment$235,200
Home facts updated by county records

Comparable Sales for 5437 Pappas Dr

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
5425 Armstrong Dr, Indianapolis, IN
0.09
Single-Family Home
$252,000
08/20/25
4
2
1,652
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
5522 Sleet Dr, Indianapolis, IN
0.15
Single-Family Home
$250,000
01/21/26
3
1
2,228

Nearby homes

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Assigned Schools

These are the assigned schools for 5437 Pappas Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 44 % 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

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Homes for sale near 5437 Pappas Dr

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Off Market Homes Near 5437 Pappas Dr

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Based on information submitted to the MLS GRID as of 2026-07-29 11:28:00 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