5502 Floating Leaf Dr, Indianapolis, IN 46237
Property image
Property image
FOR SALE
NEW - 7 HRS AGO

5502 Floating Leaf Dr
Indianapolis, IN 46237

Galludet
  • 4 Beds
  • 2.5 Baths
  • 2,396 sqft

$305,000

$305,000

4 Beds
2.5 Baths
2,396 sqft

Home Highlights

Parking
2 Car Garage
Climate Control
Heating & Cooling
Price/Sqft
$127
Listed
Less than a day ago

Local Information

  • Map ViewExplore the area around 5502 Floating Leaf Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Discover a lifestyle of comfort and opportunity at 5502 Floating Leaf DR, a distinguished 2003 single-family residence in INDIANAPOLIS, IN. With 2396 square feet of thoughtfully designed living space, this home offers a harmonious blend of functionality and refined living, set on a generous 6600 square foot lot. This welcoming two-story residence provides four comfortable bedrooms, offering ample private retreats for all. The home features two full bathrooms and one convenient half bathroom, ensuring everyday ease and guest comfort. Embrace the possibility of making this exceptional property your own.

Home Details for 5502 Floating Leaf Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2396 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, Electric Oven, RefrigeratorDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Electric,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Levels, Entrance, & Accessibility
Levels: Multi/Split

Exterior Features

Exterior Home Features
Foundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
WaterfrontWaterfront: PondOn Waterfront
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 2Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family Residence
Building
Construction Materials: Brick, StoneNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491502109054000300

Price & Status

Price
List Price: $305,000Price Per Sqft: $127
Status Change & Dates
Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Waters Edge At Cummins Farm
School Information
High School District: Franklin Township Com Sch Corp

Agent Information

Listing Agent
Listing ID: 22120522

Building

Building Area
Building Area: 2396 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6534 sqft

Miscellaneous

Mls Number: 22120522
Last check for updates: about 7 hours ago
Listing Provided by: Rolland Vickrey
Harcourt Real Estate Team
Chris Harcourt
Harcourt Real Estate Team
Source: MIBOR as distributed by MLS GRID, MLS#22120522

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10K
MoM
Sale-to-List Price
99.6%
0.3%
MoM
Price per sq ft
$145
$3
MoM
Available listings
4043
154
MoM

Price and Tax history

DateEventPrice
Aug 16, 2026
Source: MIBOR as distributed by MLS GRID #22120522
Listed For Sale
$305,000
Apr 5, 2026
Source: MIBOR as distributed by MLS GRID #22071867
ListingRemoved
$315,000
Nov 6, 2025
Source: MIBOR as distributed by MLS GRID #22071867
Listed For Sale
$315,000
Oct 23, 2025
Source: MIBOR as distributed by MLS GRID #22040463
ListingRemoved
$330,000
May 23, 2025
Source: MIBOR as distributed by MLS GRID #22040463
Listed For Sale
$330,000

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Home Value

Trulia Estimate
$301K
Since last month
Decreased$6K (-1.9%)
Since last year
Decreased$18K (-5.6%)
Since last sale
Increased$22K (+8%)
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 +99% in the last 10 years
MonthEstimated value
2026
August 2026$301K
July 2026$307K
June 2026$307K
May 2026$307K
April 2026$307K
March 2026$307K
February 2026$305K
January 2026$305K
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
0.05
Single-Family Home
$325,000
08/20/25
4
2.5
2,961
0.10
Single-Family Home
$280,000
02/02/26
3
2.5
2,353
0.16
Single-Family Home
$335,900
08/29/25
4
2.5
2,752
0.17
Single-Family Home
$263,000
03/13/26
3
2.5
2,034
0.24
Single-Family Home
$295,000
06/04/26
3
2.5
2,374
0.30
Single-Family Home
$255,000
05/29/26
4
2.5
2,566
0.14
Single-Family Home
$345,000
07/24/26
5
2.5
3,243
0.25
Single-Family Home
$300,000
02/17/26
4
2.5
2,842
0.22
Single-Family Home
$263,000
12/18/25
3
2
1,770

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
0.05
$327,900
4
2.5
2,961
Off Market
0.06
$305,700
4
2.5
2,602
Off Market
0.07
$262,500
3
2
1,632
Off Market
0.08
$288,000
3
2
1,918
Off Market
0.07
$346,700
5
2.5
3,679
Off Market
0.10
$291,100
3
2.5
2,034
Off Market
0.09
$282,800
4
2.5
2,034
Off Market
0.10
$280,000
3
2.5
2,353
Recently Sold
0.10
$312,400
3
2.5
2,423
Off Market
0.08
$360,700
4
2.5
3,721
Off Market
0.08
$349,800
4
2.5
3,454
Off Market

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Galludet

At least 56 Trulia users voted on each feature.
  • 97 % Say car is needed

  • 91 % Say yards are well-kept

  • 89 % Say parking is easy

  • 89 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 84 % Say kids play outside

  • 75 % Say people would walk alone at night

  • 74 % Say there's holiday spirit

  • 65 % Say it's quiet

  • 65 % Say streets are well-lit

  • 58 % Say neighbors are friendly

  • 52 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 36 % Say there are community events

  • 29 % Say it's walkable to restaurants

  • 12 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Debi Woodmansee
    "There is a Dog park a few blocks away from the neighborhood. Fenced in yards allowed, sidewalks to take your dogs on a walk safely. "
  • Debi Woodmansee
    "I live a few minutes drive to local dining options and grocery stores, hospitals and the library. 13 minutes to my work. "
  • Debi Woodmansee
    "Food trucks, pool, playgrounds, fishing ponds, close to stores, eateries, library, gymnastics, great schools."
  • Trulia User
    "There are lots of children and they are good wholesome children. Friendly and helpful neighbors. It’s a fun, interactive neighborhood."
  • Trulia User
    "Safe and police officer and the cleanness of it and have grocery shops and shopping nearby and you are safe to walk your dog "
  • Trulia User
    "I have lived here for 3 years and I have always felt safe for my family and friend and the neighbors keep to they selves and police officers reside in the neighborhood also so extra safe"
  • Trulia User
    "Fantastic area to raise a family only about 15 minutes away from downtown and everything you need is right down the road without feeling congested it feels very homely out here"
  • Patti T. T.
    "we recently celebrated July 4th with a huge community party. it was very nice to see so many join us and meet others in the neighborhood"
  • Patti T. T.
    "You see people walking their dogs all the time, sometimes joggers even have their dogs joggling along. People clean up after their pets also."
  • Sarah B.
    "A very quiet and friendly neighborhood, I never lock my doors and have no worries about leaving the car running while I run inside. I frequently take late night strolls alone and have NEVER been afraid. I love seeing the wild bunnies in the spring. In the afternoon, if you're outside, you can distantly hear the kids at the elementary school having recess, which I've always found sweet"
  • Monkeygirl6437
    "My neighborhood is quiet. A good mix of older and younger families. Everyone watches out for each other. Is close to everything but far enough away to feel secluded. "
  • Nicole N.
    "It’s a great place to live it’s nice and decently quiet and I love living in this neighborhood my kids and I love it "
  • Nicole N.
    "There are lots of dogs in my neighborhood and lots of dog owners. I feel like it’s a safe environment. "
  • Mcguiregroup
    "We have our own neighborhood Facebook page and everyone posts things about the neighborhood about what’s going on both good and bad. "
  • Colleen H.
    "Lots of walking trails and street lights. There is a park nearby thats pet friendly and paved streets around the neighborhood "
  • Colleen H.
    "you need a car in this area. Good schools reasonable priced houses. Near freeway and close to downtown "
  • Sam_hannah77
    "It’s inexpensive and safe. It’s friendly with a lot of kids. It has a great school system and our neighbors have always been helpful. "
  • Colleen H.
    "love my neighborhood its got a great school district and the houses are well kept houses sell quickly shops are close and the freeway is 5 mins away"
  • Sam_hannah77
    "We Live in southeast side in Franklin Township. Great schools, clean and friendly community. Our neighborhood feels very safe and it’s easy to get to downtown. "
  • amagesh
    "I have one of my friend living in this area. It is a great location, good schools, closer to shopping centers and malls. 15 minutes drive to downtown and greenwood mall. It is a great neighborhood."
  • Marcy R.
    "We love this area! We have lived here since 2008 and enjoy living close to Indy. It's easy to get anywhere with three interstates within 10 minutes (I-65, I-465, & I-74). It's a great place to live!"
  • jontattoo
    "great area for kids great schools"
  • Kristina B.
    "Perfect for families, close to shopping, groceries, and entertainment. Great Franklin Township Schools! Community Pool, play area, shelter house, & more!"

LGBTQ Local Legal Protections

Frequently asked questions about 5502 Floating Leaf Dr

  • What is the estimated monthly payment for 5502 Floating Leaf Dr?
    Based on a $305,000 list price with 20% down at today's rates, the estimated monthly payment for 5502 Floating Leaf Dr in Indianapolis, IN is approximately $1,914 (about $1,595 principal & interest, $244 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5502 Floating Leaf Dr compare to homes in Indianapolis?
    5502 Floating Leaf Dr in Indianapolis, IN is listed at $305,000, about 22% above the $251K median sale price in Indianapolis.
  • What do residents say about the Galludet neighborhood?
    Residents describe the Galludet neighborhood in Indianapolis, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Galludet, Indianapolis.
  • What are the closest schools to 5502 Floating Leaf Dr?
    The closest schools to 5502 Floating Leaf Dr in Indianapolis, IN are Edgewood Intermediate School (Elementary, rated 5/10), Franklin Central High School (rated 9/10), Franklin Central Junior High (rated 7/10).
  • Does 5502 Floating Leaf Dr have air conditioning?
    Yes, 5502 Floating Leaf Dr in Indianapolis, IN has air conditioning.
  • Does 5502 Floating Leaf Dr have laundry facilities?
    Yes, 5502 Floating Leaf Dr in Indianapolis, IN has laundry facilities.
Rolland Vickrey, Harcourt Real Estate Team
Based on information submitted to the MLS GRID as of 2026-08-16 00:53:11 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
5502 Floating Leaf Dr, Indianapolis, IN 46237 is a 4 bedroom, 3 bathroom, 2,396 sqft single-family home built in 2003. 5502 Floating Leaf Dr is located in Galludet, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 16, 2026. The MLS # for this home is MLS# 22120522.