5474 Sleet Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

5474 Sleet Dr
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 1.5 Baths
  • 1,965 sqft (on 0.32 acres)

$251,200

Trulia Estimate
as of Jul 19, 2026
Est. Refi. Payment $1,554/mo*

$251,200

Trulia Estimate
as of Jul 19, 2026
Est. Refi. Payment $1,554/mo*
3 Beds
1.5 Baths
1,965 sqft
(on 0.32 acres)

Local Information

  • Map ViewExplore the area around 5474 Sleet Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Great opportunity in this brick and vinyl 2 story home located in Arlington Acres. This home offers a huge backyard with mature trees located within Franklin Township Schools. This home has 3 beds and 1.5 baths. Take note of the oversized living room and bedrooms. This property has a attached 2 car garage and a enclosed front porch. Conveniently located near parks, shopping, dining, highways, and more. It won't take much to make this one shine again!
5474 Sleet Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,965 sqft single-family home in South Emerson, built in 1973. It last sold for $189,000 on Aug 22, 2023 (5% below the $199,900 asking price). More recently, it was listed as a rental in January 2020 with an asking price of $1,325 per month. That rental listing was removed on February 7, 2020. It is currently off market. The Trulia Estimate is $251,200, with a rent estimate of $1,988/month.

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5474 Sleet Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3
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: 1965 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Water Heater, Electric Oven, RefrigeratorDishwasherRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Foundation: Block
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: 24

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family Residence
Building
Construction Materials: Vinyl With BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491503134049000300

Price & Status

Price
List Price: $199,900
Status Change & Dates
Off Market Date: Thu Aug 03 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Arlington Acres
School Information
Jr High / Middle School: Franklin Central Junior HighHigh School District: Franklin Township Com Sch Corp

Building

Building Area
Building Area: 1965 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.32 acres

Miscellaneous

Mls Number: 21931682Attic: Access Only
Last check for updates: about 4 hours ago
Listed by Christopher Wynkoop
Wynkoop Brokerage Firm, LLC
Bought with: Ngun Til, Landtree, REALTORS®
Source: MIBOR as distributed by MLS GRID, MLS#21931682

Price History for 5474 Sleet Dr

DatePriceEventSource
07/17/2026$252,500ListingRemovedMIBOR as distributed by MLS GRID #22088113
07/13/2026$252,500PriceChange
MIBOR as distributed by MLS GRID #22088113
06/23/2026$254,900PriceChange
MIBOR as distributed by MLS GRID #22088113
06/05/2026$255,900PriceChange
MIBOR as distributed by MLS GRID #22088113
03/10/2026$260,000Listed For SaleMIBOR as distributed by MLS GRID #22088113
01/20/2024ListingRemovedMIBOR as distributed by MLS GRID #21949375
01/08/2024$245,000PendingMIBOR as distributed by MLS GRID #21949375
11/24/2023$245,000PriceChange
MIBOR as distributed by MLS GRID #21949375
11/01/2023$250,000PriceChange
MIBOR as distributed by MLS GRID #21949375
10/19/2023$257,000Listed For SaleMIBOR as distributed by MLS GRID #21949375
08/22/2023$189,000Sold
MIBOR as distributed by MLS GRID #21931682
08/03/2023$199,900PendingMIBOR as distributed by MLS GRID #21931682
07/12/2023$199,900Listed For SaleMIBOR as distributed by MLS GRID #21931682
02/07/2020$1,325ListingRemovedAgent Provided
01/22/2020$1,325Listed For RentAgent Provided
08/11/2016$75,000Sold
N/A
01/31/2016$74,900Listed For SaleAgent Provided
12/04/2014$84,500Sold
MIBOR as distributed by MLS GRID #21316742
11/06/2014$99,900PendingAgent Provided
09/24/2014$99,900Listed For SaleAgent Provided

Market trends in Indianapolis

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

Year2025
Tax$4,600
Assessment$236,400
Home facts updated by county records

Comparable Sales for 5474 Sleet Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$250,000
01/21/26
3
1
2,228
0.10
Single-Family Home
$252,000
08/20/25
4
2
1,652
0.08
Single-Family Home
$235,000
10/10/25
3
1.5
1,564
0.14
Single-Family Home
$208,000
06/25/26
3
1
1,282
0.23
Single-Family Home
$225,000
12/16/25
4
1.5
1,606
0.28
Single-Family Home
$229,900
08/22/25
3
1.5
1,500
0.16
Single-Family Home
$218,000
07/16/26
3
2
1,482
0.19
Single-Family Home
$225,000
02/13/26
3
1.5
1,611
0.26
Single-Family Home
$235,000
11/25/25
3
1.5
1,709
0.09
Single-Family Home
$248,000
07/10/26
5
2
1,794

Nearby homes

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Assigned Schools

These are the assigned schools for 5474 Sleet Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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. "
  • 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. "
  • 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. "
  • 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 "
  • 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 "
  • 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. "
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
  • 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."
  • 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."
  • 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."

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Homes for sale near 5474 Sleet Dr

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Off Market Homes Near 5474 Sleet Dr

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Based on information submitted to the MLS GRID as of 2026-07-19 06:18:03 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