$229,900
Original price: $239,900
3 Beds
2 Baths
1,390 sqft
5509 Sleet Dr, Indianapolis, IN 46237
Est. Mortgage $1,494/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 93% nearby.
Home Highlights
Single-Family Home
Built in 1976
$165/sqft
2 Car Garage
Local Information
- Map ViewExplore the area around 5509 Sleet Dr.
- Schools2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Welcome to 5509 Sleet Drive! This charming single-family home offers 3 bedrooms and two full bathrooms and is ready for you to move in and begin your next chapter. The heart of this home is a thoughtfully designed updated kitchen, featuring sleek stainless-steel appliances that promise both style and functionality for your culinary adventures. Adjacent to the kitchen, is a built-in dining area and breakfast bar that opens the living room. The open concept floorplan offers a warm and inviting atmosphere, centered around a cozy fireplace - perfect for relaxing evenings. This ranch-style home includes three comfortable bedrooms and two full bathrooms. One of the bathrooms provides the convenience of two sinks and a spacious walk-in shower, offering a spa-like experience. Additionally, the property includes another full bathroom with a walk-in shower and a separate utility area and laundry room. Enjoy the convenience of having an attached two car garage. For those who enjoy hobbies or require extra space, a dedicated workshop is available. Enjoy your own private retreat on the back patio deck. Discover the effortless living offered by this delightful property; inquire today to schedule your private viewing.
Last check for updates: about 3 hours ago
Listing Provided by: Amanda Phelps
BluPrint Real Estate Group
Source: MIBOR as distributed by MLS GRID, MLS#22117558
Also Listed on MIBOR as distributed by MLS GRID.
We estimate this home will sell faster than 93% nearby.
Home Details for 5509 Sleet Dr
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MLS Status: Active |
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Interior Details Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1390 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Microwave, Electric Oven, Refrigerator, DishwasherDishwasherLaundry: Connections All,Laundry RoomMicrowaveRefrigerator |
Heating & Cooling Heating: Electric,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric |
Gas & Electric Electric: 200+ Amp ServiceHas Electric on Property |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
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Exterior Home Features Patio / Porch: Covered, DeckFoundation: Crawl Space |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 27Days on Market: 48 |
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Year Built Year Built: 1976 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: BrickNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 491503134037000300 |
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Price List Price: $229,900Price Per Sqft: $165 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Arlington Acres |
School Information High School District: Franklin Township Com Sch Corp |
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Listing Agent Listing ID: 22117558 |
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Building Area Building Area: 1390 Square Feet |
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No HOA |
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Lot Area: 7840.8 sqft |
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Mls Number: 22117558Attribution Contact: sold@amandaphelps.com |
Around this home
- Arlington Elementary School
- K-3
- Public
- 454 Students
5/10GreatSchools RatingParent Rating AverageArlington has been a great school for my child to attend. He has loved all of his teachers and they communicate well with me. I also have had the opportunity to meet the principal and Asst. principal. They all seem to genuinely care about the kids and I have nothing but good things to say about this school!Parent Review1y ago - Edgewood Intermediate School
- 4-6
- Public
- 1300 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school.
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
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.
Market trends in Indianapolis
Last updated August 2026
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM
Home Value
Trulia Estimate
$237KSince last month
Increased$25K (+11.5%)Since last year
Increased$36K (+18%)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 +101% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $238K |
| August 2026 | $238K |
| July 2026 | $213K |
| June 2026 | $212K |
| May 2026 | $211K |
| April 2026 | $212K |
| March 2026 | $210K |
| February 2026 | $208K |
| January 2026 | $207K |
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 |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $235,000 | 10/10/25 | 3 | 1.5 | 1,564 | |
0.12 | Single-Family Home | $218,000 | 07/16/26 | 3 | 2 | 1,482 | |
0.17 | Single-Family Home | $225,000 | 02/13/26 | 3 | 1.5 | 1,611 | |
0.17 | Single-Family Home | $186,000 | 02/13/26 | 3 | 2 | 1,484 | |
0.30 | Single-Family Home | $225,000 | 11/12/25 | 3 | 1.5 | 1,290 | |
0.25 | Single-Family Home | $195,000 | 02/27/26 | 3 | 1.5 | 1,112 | |
0.14 | Single-Family Home | $248,000 | 07/10/26 | 5 | 2 | 1,794 | |
0.24 | Single-Family Home | $220,000 | 12/09/25 | 2 | 2 | 1,340 | |
0.25 | Single-Family Home | $201,500 | 01/28/26 | 4 | 1.5 | 1,368 | |
0.31 | 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 |
|---|---|---|---|---|---|---|
0.07 | $245,000 | 4 | 2.5 | 1,965 | For Sale | |
0.03 | $235,700 | 3 | 1.5 | 1,564 | Off Market | |
0.08 | $227,000 | 3 | 1.5 | 1,484 | Off Market | |
0.04 | $250,000 | 3 | 1 | 2,228 | Recently Sold | |
0.09 | $253,200 | 4 | 2 | 1,652 | Off Market | |
0.10 | $255,000 | 4 | 1.5 | 2,448 | Off Market | |
0.09 | $229,900 | 4 | 2 | 1,788 | For Sale | |
0.12 | $297,700 | 4 | 2 | 2,548 | Off Market | |
0.07 | $236,700 | 4 | 1.5 | 1,476 | Off Market | |
0.10 | $247,400 | 3 | 1.5 | 1,520 | Off Market | |
0.09 | $239,900 | 4 | 1.5 | 1,680 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 18, 2026 Source: MIBOR as distributed by MLS GRID #22117558 | PriceChange | $229,900 Price decreased by 4% |
Aug 27, 2026 Source: MIBOR as distributed by MLS GRID #22117558 | Pending | $239,900 |
Jul 31, 2026 Source: MIBOR as distributed by MLS GRID #22117558 | Listed For Sale | $239,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,056 | $209,300 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Amanda Phelps, BluPrint Real Estate Group
Based on information submitted to the MLS GRID as of 2026-09-17 14:13:33 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
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Frequently asked questions about 5509 Sleet Dr
- What is the estimated monthly payment for 5509 Sleet Dr?Based on a $229,900 list price with 20% down at today's rates, the estimated monthly payment for 5509 Sleet Dr in Indianapolis, IN is approximately $1,509 (about $1,250 principal & interest, $184 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 5509 Sleet Dr compare to homes in Indianapolis?5509 Sleet Dr in Indianapolis, IN is listed at $229,900, about 10% below the $257K median sale price in Indianapolis.
- What do residents say about the South Emerson neighborhood?Residents describe the South Emerson neighborhood in Indianapolis, IN as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in South Emerson, Indianapolis.
- What are the closest schools to 5509 Sleet Dr?The closest schools to 5509 Sleet Dr in Indianapolis, IN are Arlington Elementary School (rated 5/10), Edgewood Intermediate School (Elementary, rated 5/10), Franklin Central High School (rated 7/10).
- Does 5509 Sleet Dr have air conditioning?Yes, 5509 Sleet Dr in Indianapolis, IN has air conditioning.
- Does 5509 Sleet Dr have laundry facilities?Yes, 5509 Sleet Dr in Indianapolis, IN has laundry facilities.
5509 Sleet Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,390 sqft single-family home built in 1976. 5509 Sleet Dr is located in South Emerson, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jul 31, 2026. The MLS # for this home is MLS# 22117558.