5438 Pappas Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$230,300

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,564 sqft

5438 Pappas Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,450/mo*
Refinance Your Home
Currently Off Market - Sold Feb 16, 2021 for $171,000

Home Value

Trulia Estimate
$230K
Since last month
$0 (0%)
Since last year
Decreased$1K (-0.4%)
Since last sale
Increased$59K (+34.6%)
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 +89% in the last 10 years
MonthEstimated value
2026
August 2026$230K
August 2026$230K
July 2026$230K
June 2026$232K
May 2026$231K
April 2026$232K
March 2026$229K
February 2026$228K
January 2026$225K
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
5508 Armstrong Dr, Indianapolis, IN
0.09
Single-Family Home
$208,000
06/25/26
3
1
1,282
5505 Chisolm Trl, Indianapolis, IN
0.09
Single-Family Home
$201,500
01/28/26
4
1.5
1,368
5336 Concho Dr, Indianapolis, IN
0.21
Single-Family Home
$212,000
07/24/26
3
1.5
1,428
5434 Durango Ct, Indianapolis, IN
0.06
Single-Family Home
$195,000
08/24/26
3
1
910
5427 Straw Hat Dr, Indianapolis, IN
0.11
Single-Family Home
$179,500
12/23/25
3
1.5
936
5512 Lunsford Dr, Indianapolis, IN
0.16
Single-Family Home
$225,000
11/12/25
3
1.5
1,290
5330 Brazos Dr, Indianapolis, IN
0.25
Single-Family Home
$250,000
04/15/26
3
2
1,604
5514 Meckes Ln, Indianapolis, IN
0.24
Single-Family Home
$235,000
10/10/25
3
1.5
1,564
5429 Pecos Ct, Indianapolis, IN
0.13
Single-Family Home
$194,900
07/28/26
3
1
912
5415 Wagon Wheel Trl, Indianapolis, IN
0.22
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
5434 Durango Ct, Indianapolis, IN 46237
0.06
$195,000
3
1
910
Recently Sold
5408 S Pappas Dr, Indianapolis, IN 46237
0.06
$219,600
3
1.5
1,564
Off Market
5408 Pappas Dr, Indianapolis, IN 46237
0.06
$230,900
3
1.5
1,564
Off Market
5431 Durango Ct, Indianapolis, IN 46237
0.04
$206,200
3
1
1,028
Off Market
5431 E Durango Ct, Indianapolis, IN 46237
0.04
$173,100
3
1
1,028
Off Market
5437 Pappas Dr, Indianapolis, IN 46237
0.03
$249,900
3
1.5
1,864
Off Market
5427 Lobo Dr, Indianapolis, IN 46237
0.08
$241,500
3
1.5
1,422
Off Market
5423 Lobo Dr, Indianapolis, IN 46237
0.08
$205,900
3
1
910
Off Market
5407 S Pappas Dr, Indianapolis, IN 46237
0.07
$215,900
3
1.5
1,374
Off Market
5408 Armstrong Ct, Indianapolis, IN 46237
0.06
$265,200
4
2.5
2,308
Off Market
5440 Lobo Dr, Indianapolis, IN 46237
0.10
$203,300
3
1
924
Off Market
5414 Armstrong Ct, Indianapolis, IN 46237
0.06
$237,700
3
1.5
1,510
Off Market

Local Information

  • Map ViewExplore the area around 5438 Pappas Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1973
1,564 sqft
$147/sqft
Garage

About this House

Well cared for family home that has had been updated with new gray laminate flooring in kitchen, hallway and entry. Exterior has been updated with fresh paint on shutter/porch and new gutters in 2014. New interior paint in 2020, new flooring in bathrooms and new vanity downstairs and toilet. Home has large covered porch for those lazy summer evenings, and deck to grill out in back. This home is great buy and perfect for that someone special for the New Year.
5438 Pappas Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,564 sqft single-family home in South Emerson, built in 1973. It last sold for $171,000 on Feb 16, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $230,300, with a rent estimate of $1,569/month.

Home Details for 5438 Pappas Dr

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Laminate, Linoleum Vinyl
Interior Details
Number of Rooms: 9Types of Rooms: Dining Room
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, Brick, Cement ConcreteFoundation Type: Crawl RaisedPorch
Pool
Pool
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1973Year Updated: 1973
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 9147 sqft

Price and Tax history

DateEventPrice
Feb 16, 2021
Source: MIBOR as distributed by MLS GRID #21757428
Sold
$171,000
Jan 19, 2021
Source: Agent Provided
Pending
$171,000
Jan 18, 2021
Source: Agent Provided
PriceChange
$171,000
Price increased by 4%
Jan 13, 2021
Source: Agent Provided
Pending
$165,000
Jan 11, 2021
Source: MIBOR as distributed by MLS GRID #21757428
PendingToActive
$165,000

Market trends in South Emerson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$242K
Sale-to-List Price
99.9%
Price per sq ft
$155
Available listings
68
4MoM

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 5438 Pappas Dr

  • What is 5438 Pappas Dr estimated to be worth?
    Trulia's estimated value for 5438 Pappas Dr in Indianapolis, IN is $230,300.
  • What is the price history for 5438 Pappas Dr?
    5438 Pappas Dr in Indianapolis, IN last sold for $171,000 in February 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 $242K.
  • Does 5438 Pappas Dr have air conditioning?
    Yes, 5438 Pappas Dr in Indianapolis, IN has air conditioning.
  • Does 5438 Pappas Dr have a pool?
    Yes, 5438 Pappas Dr in Indianapolis, IN has a pool.

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