5531 Floating Leaf Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

5531 Floating Leaf Dr
Indianapolis, IN 46237

Galludet
  • 3 Beds
  • 2 Baths
  • 1,770 sqft

$255,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,589/mo*
Refinance Your Home

$255,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,589/mo*
Refinance Your Home
3 Beds
2 Baths
1,770 sqft

Home Value

Trulia Estimate
$255K
Since last month
Increased$500 (+0.2%)
Since last year
Increased$3K (+1%)
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 +90% in the last 10 years
MonthEstimated value
2026
August 2026$257K
July 2026$256K
June 2026$258K
May 2026$257K
April 2026$256K
March 2026$255K
February 2026$254K
January 2026$249K
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
5712 Grassy Bank Dr, Indianapolis, IN
0.16
Single-Family Home
$263,000
12/18/25
3
2
1,770
5557 Floating Leaf Dr, Indianapolis, IN
0.05
Single-Family Home
$280,000
02/02/26
3
2.5
2,353
5648 Grassy Bank Dr, Indianapolis, IN
0.11
Single-Family Home
$263,000
03/13/26
3
2.5
2,034
6816 Minnow Dr, Indianapolis, IN
0.30
Single-Family Home
$275,000
04/27/26
3
2
1,770
5804 Grassy Bank Dr, Indianapolis, IN
0.24
Single-Family Home
$238,000
11/18/25
3
2.5
1,829
7141 Bracken Ln, Indianapolis, IN
0.31
Single-Family Home
$279,000
06/17/26
3
2
1,572
5724 Grassy Bank Dr, Indianapolis, IN
0.18
Single-Family Home
$295,000
06/04/26
3
2.5
2,374
7153 Dublin Ln, Indianapolis, IN
0.34
Single-Family Home
$275,000
09/19/25
3
2
1,481
5522 Grassy Bank Dr, Indianapolis, IN
0.06
Single-Family Home
$325,000
08/20/25
4
2.5
2,961
7251 Dublin Ln, Indianapolis, IN
0.43
Single-Family Home
$248,000
02/26/26
3
2
1,680

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
5450 Grassy Bank Dr, Indianapolis, IN 46237
0.04
$291,100
3
2.5
2,034
Off Market
5546 Grassy Bank Dr, Indianapolis, IN 46237
0.02
$262,500
3
2
1,632
Off Market
5534 Grassy Bank Dr, Indianapolis, IN 46237
0.04
$305,700
4
2.5
2,602
Off Market
5522 Grassy Bank Dr, Indianapolis, IN 46237
0.06
$327,900
4
2.5
2,961
Off Market
5557 Floating Leaf Dr, Indianapolis, IN 46237
0.05
$280,000
3
2.5
2,353
Recently Sold
5521 Grassy Bank Dr, Indianapolis, IN 46237
0.08
$288,000
3
2
1,918
Off Market
5637 Grassy Bank Dr, Indianapolis, IN 46237
0.09
$289,100
3
2.5
2,375
Off Market
5560 Floating Leaf Dr, Indianapolis, IN 46237
0.06
$282,800
4
2.5
2,034
Off Market
5642 Grassy Bank Dr, Indianapolis, IN 46237
0.10
$264,800
3
2
1,770
Off Market
5502 Floating Leaf Dr, Indianapolis, IN 46237
0.06
$305,000
4
2.5
2,396
For Sale
5648 Grassy Bank Dr, Indianapolis, IN 46237
0.11
$263,000
3
2.5
2,034
Recently Sold
5511 Skipping Stone Dr, Indianapolis, IN 46237
0.07
$346,700
5
2.5
3,679
Off Market

Local Information

  • Map ViewExplore the area around 5531 Floating Leaf Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2004
Living Area
1,770 sqft
Price/Sqft
$144
Parking
Garage

About this House

This single-family home is located at 5531 Floating Leaf Dr, Indianapolis, IN. 5531 Floating Leaf Dr is in the Galludet neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 2 bathrooms and approximately 1,770 sqft of floor space. This property has a lot size of 6751 sqft and was built in 2004.
5531 Floating Leaf Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,770 sqft single-family home in Galludet, built in 2004. More recently, it was listed as a rental in May 2023 with an asking price of $1,750 per month. That rental listing was removed on August 12, 2023. It is currently off market. The Trulia Estimate is $255,100, with a rent estimate of $1,949/month.

Home Details for 5531 Floating Leaf Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
AtticNumber of Rooms: 7Types of Rooms: Walk In Closet, Dining Room, Family Room, Master Bath, Sun RoomCeiling Fan
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: OtherExterior: Vinyl, WoodLawnPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 2004Year Updated: 2004
Property Type / Style
Property Type: Single Family Home

Building

Levels, Entrance, & Accessibility
Disabled Access

Lot Information

Lot Area: 6751 sqft

Price and Tax history

DateEventPrice
Aug 12, 2023
Source: Zillow Rentals
ListingRemoved
Jul 11, 2023
Source: Zillow Rentals
PriceChange
$1,700
Price decreased by 3%
May 16, 2023
Source: Zillow Rentals
Listed For Rent
$1,750
Nov 24, 2021
Source: Zillow Rental Manager
ListingRemoved
Oct 9, 2021
Source: Zillow Rental Manager
PriceChange
$1,600
Price decreased by 6%

Market trends in Indianapolis

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

Around this home

Neighborhood Overview

Galludet
See Local Highlights
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. "
    0
    Flag
  • Debi Woodmansee
    "I live a few minutes drive to local dining options and grocery stores, hospitals and the library. 13 minutes to my work. "
    0
    Flag
  • Debi Woodmansee
    "Food trucks, pool, playgrounds, fishing ponds, close to stores, eateries, library, gymnastics, great schools."
    0
    Flag
  • Trulia User
    "There are lots of children and they are good wholesome children. Friendly and helpful neighbors. It’s a fun, interactive neighborhood."
    0
    Flag
  • 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 "
    0
    Flag
  • 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"
    0
    Flag
  • 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"
    0
    Flag
  • 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"
    1
    Flag
  • 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."
    1
    Flag
  • 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"
    0
    Flag
  • 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. "
    0
    Flag
  • 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 "
    0
    Flag
  • Nicole N.
    "There are lots of dogs in my neighborhood and lots of dog owners. I feel like it’s a safe environment. "
    0
    Flag
  • Mcguiregroup
    "We have our own neighborhood Facebook page and everyone posts things about the neighborhood about what’s going on both good and bad. "
    0
    Flag
  • Colleen H.
    "Lots of walking trails and street lights. There is a park nearby thats pet friendly and paved streets around the neighborhood "
    0
    Flag
  • Colleen H.
    "you need a car in this area. Good schools reasonable priced houses. Near freeway and close to downtown "
    0
    Flag
  • 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. "
    16
    Flag
  • 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"
    0
    Flag
  • 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. "
    0
    Flag
  • 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."
    0
    Flag
  • 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!"
    0
    Flag
  • jontattoo
    "great area for kids great schools"
    2
    Flag
  • Kristina B.
    "Perfect for families, close to shopping, groceries, and entertainment. Great Franklin Township Schools! Community Pool, play area, shelter house, & more!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5531 Floating Leaf Dr

  • What is 5531 Floating Leaf Dr estimated to be worth?
    Trulia's estimated value for 5531 Floating Leaf Dr in Indianapolis, IN is $255,100.
  • 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 $251K. That is up $10K from the prior month.
  • 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 recently sold homes in Galludet, Indianapolis.
  • Does 5531 Floating Leaf Dr have laundry facilities?
    Yes, 5531 Floating Leaf Dr in Indianapolis, IN has in-unit laundry.
  • How big is the lot at 5531 Floating Leaf Dr?
    The lot at 5531 Floating Leaf Dr in Indianapolis, IN is about 0.15 acres (6,751 sq ft).

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