5501 Sleet Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$210,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,236 sqft

5501 Sleet Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,321/mo*
Refinance Your Home
Currently Off Market - Sold Dec 19, 2014 for $102,900

Home Value

Trulia Estimate
$210K
Since last month
Decreased$400 (-0.2%)
Since last year
Decreased$2K (-1%)
Since last sale
Increased$107K (+104.3%)
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 +86% in the last 10 years
MonthEstimated value
2026
August 2026$210K
July 2026$211K
June 2026$212K
May 2026$213K
April 2026$212K
March 2026$210K
February 2026$208K
January 2026$205K
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
0.03
Single-Family Home
$235,000
10/10/25
3
1.5
1,564
5537 Yeager Ct, Indianapolis, IN
0.12
Single-Family Home
$218,000
07/16/26
3
2
1,482
5223 Bahia Dr, Indianapolis, IN
0.24
Single-Family Home
$195,000
02/27/26
3
1.5
1,112
5514 Antoneli Ln, Indianapolis, IN
0.16
Single-Family Home
$225,000
02/13/26
3
1.5
1,611
5512 Lunsford Dr, Indianapolis, IN
0.29
Single-Family Home
$225,000
11/12/25
3
1.5
1,290
5813 Somers Dr, Indianapolis, IN
0.18
Single-Family Home
$186,000
02/13/26
3
2
1,484
5508 Armstrong Dr, Indianapolis, IN
0.14
Single-Family Home
$208,000
06/25/26
3
1
1,282
5505 Chisolm Trl, Indianapolis, IN
0.27
Single-Family Home
$201,500
01/28/26
4
1.5
1,368
5427 Straw Hat Dr, Indianapolis, IN
0.32
Single-Family Home
$179,500
12/23/25
3
1.5
936
5927 Timber Lake Blvd, Indianapolis, IN
0.29
Single-Family Home
$235,000
11/25/25
3
1.5
1,709

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
5474 Sleet Dr, Indianapolis, IN 46237
0.05
$250,000
4
2.5
1,965
For Sale
5514 Meckes Ln, Indianapolis, IN 46237
0.03
$235,700
3
1.5
1,564
Off Market
5469 Sleet Dr, Indianapolis, IN 46237
0.06
$228,800
3
1.5
1,484
Off Market
5522 Sleet Dr, Indianapolis, IN 46237
0.07
$250,000
3
1
2,228
Recently Sold
5425 Armstrong Dr, Indianapolis, IN 46237
0.10
$253,200
4
2
1,652
Off Market
5414 Meckes Dr, Indianapolis, IN 46237
0.08
$256,700
4
1.5
2,448
Off Market
5429 Armstrong Dr, Indianapolis, IN 46237
0.10
$229,900
4
2
1,788
For Sale
5341 Armstrong Dr, Indianapolis, IN 46237
0.11
$296,400
4
2
2,548
Off Market
5537 Meckes Ln, Indianapolis, IN 46237
0.09
$237,600
4
1.5
1,476
Off Market
5501 Armstrong Dr, Indianapolis, IN 46237
0.11
$250,000
3
1.5
1,520
Off Market
5446 Sleet Dr, Indianapolis, IN 46237
0.12
$248,000
5
2
1,794
Recently Sold
5526 Yeager Ct, Indianapolis, IN 46237
0.11
$255,100
4
2
2,040
Off Market

Local Information

  • Map ViewExplore the area around 5501 Sleet Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1974
Living Area
1,236 sqft
Price/Sqft
$170
Parking
Garage

About this House

This single-family home is located at 5501 Sleet Dr, Indianapolis, IN. 5501 Sleet Dr is in the South Emerson neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 2 bathrooms and approximately 1,236 sqft of floor space. This property has a lot size of 8407 sqft and was built in 1974.
5501 Sleet Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,236 sqft single-family home in South Emerson, built in 1974. It last sold for $102,900 on Dec 19, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $210,200, with a rent estimate of $1,602/month.

Home Details for 5501 Sleet Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Laminate
Interior Details
Number of Rooms: 7Types of Rooms: Family Room, Laundry Room
Appliances & Utilities
Dishwasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherExterior: BrickFoundation Type: Crawl RaisedPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1974Year Updated: 1974
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
Dec 19, 2014
Source: MIBOR as distributed by MLS GRID #21322846
Sold
$102,900
Nov 8, 2014
Source: Agent Provided
Pending
$109,900
Oct 31, 2014
Source: Agent Provided
Listed For Sale
$109,900
Sep 5, 2014
Source: MIBOR as distributed by MLS GRID #21305762
Sold
$47,000
Jan 21, 2014
Source: N/A
Sold
$59,500

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 5501 Sleet Dr

  • What is 5501 Sleet Dr estimated to be worth?
    Trulia's estimated value for 5501 Sleet Dr in Indianapolis, IN is $210,200.
  • What is the price history for 5501 Sleet Dr?
    5501 Sleet Dr in Indianapolis, IN last sold for $102,900 in December 2014.
  • 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 5501 Sleet Dr have air conditioning?
    Yes, 5501 Sleet Dr in Indianapolis, IN has air conditioning.
  • Does 5501 Sleet Dr have laundry facilities?
    Yes, 5501 Sleet Dr in Indianapolis, IN has laundry facilities.

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Off Market Homes Near 5501 Sleet Dr

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