5537 Floating Leaf Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

5537 Floating Leaf Dr
Indianapolis, IN 46237

Galludet
  • 3 Beds
  • 2.5 Baths
  • 2,595 sqft

$289,900

Trulia Estimate
as of Aug 18, 2026

$289,900

Trulia Estimate
as of Aug 18, 2026
3 Beds
2.5 Baths
2,595 sqft

Home Value

Trulia Estimate
$290K
Since last month
Decreased$1K (-0.3%)
Since last year
Increased$7K (+2.3%)
Since last sale
Increased$161K (+124.9%)
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 +94% in the last 10 years
MonthEstimated value
2026
August 2026$290K
July 2026$291K
June 2026$291K
May 2026$293K
April 2026$290K
March 2026$289K
February 2026$286K
January 2026$283K
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
5426 Skipping Stone Dr, Indianapolis, IN
0.12
Single-Family Home
$214,068
06/03/26
3
2.5
2,622
5557 Floating Leaf Dr, Indianapolis, IN
0.07
Single-Family Home
$280,000
02/02/26
3
2.5
2,353
5648 Grassy Bank Dr, Indianapolis, IN
0.14
Single-Family Home
$263,000
03/13/26
3
2.5
2,034
5522 Grassy Bank Dr, Indianapolis, IN
0.05
Single-Family Home
$325,000
08/20/25
4
2.5
2,961
5724 Grassy Bank Dr, Indianapolis, IN
0.21
Single-Family Home
$295,000
06/04/26
3
2.5
2,374
5712 Grassy Bank Dr, Indianapolis, IN
0.18
Single-Family Home
$263,000
12/18/25
3
2
1,770
5804 Grassy Bank Dr, Indianapolis, IN
0.26
Single-Family Home
$238,000
11/18/25
3
2.5
1,829
6615 Olive Branch Ct, Indianapolis, IN
0.26
Single-Family Home
$305,000
04/01/26
3
2.5
3,036
5322 Lily Pad Ln, Indianapolis, IN
0.20
Single-Family Home
$335,900
08/29/25
4
2.5
2,752
7129 Dublin Ln, Indianapolis, IN
0.30
Single-Family Home
$255,000
05/29/26
4
2.5
2,566

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
5502 Floating Leaf Dr, Indianapolis, IN 46237
0.04
$305,000
4
2.5
2,396
For Sale
5522 Grassy Bank Dr, Indianapolis, IN 46237
0.05
$327,900
4
2.5
2,961
Off Market
5534 Grassy Bank Dr, Indianapolis, IN 46237
0.03
$305,700
4
2.5
2,602
Off Market
5546 Grassy Bank Dr, Indianapolis, IN 46237
0.04
$262,500
3
2
1,632
Off Market
5521 Grassy Bank Dr, Indianapolis, IN 46237
0.07
$288,000
3
2
1,918
Off Market
5511 Skipping Stone Dr, Indianapolis, IN 46237
0.06
$346,700
5
2.5
3,679
Off Market
5450 Grassy Bank Dr, Indianapolis, IN 46237
0.07
$291,100
3
2.5
2,034
Off Market
5560 Floating Leaf Dr, Indianapolis, IN 46237
0.07
$282,800
4
2.5
2,034
Off Market
5557 Floating Leaf Dr, Indianapolis, IN 46237
0.07
$280,000
3
2.5
2,353
Recently Sold
5447 Grassy Bank Dr, Indianapolis, IN 46237
0.11
$312,400
3
2.5
2,423
Off Market
5422 Floating Leaf Dr, Indianapolis, IN 46237
0.11
$360,700
4
2.5
3,721
Off Market
5427 Skipping Stone Dr, Indianapolis, IN 46237
0.10
$349,800
4
2.5
3,454
Off Market

Local Information

  • Map ViewExplore the area around 5537 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
2003
Living Area
2,595 sqft
Price/Sqft
$112
Parking
Garage

About this House

Special offer: Pay just 75% of your base rent (taxes and fees not included) as your security deposit, valid for new applicants who sign a 12-month lease by January 31, 2026. Offer is contingent on application approval and execution of a lease agreement. Other terms and conditions may apply. This property is professionally managed by AMH Living, a leading single-family rental company. We work to simplify your rental experience by offering self-guided tours and a streamlined leasing process you can complete all online, all on your own schedule. Once moved in, we provide maintenance support that you can rely on, so you can enjoy your weekends stress-free. We look forward to welcoming you home! See Today, Sign Today Take a self-guided tour of this property using our Let Yourself In service to view the space on your own schedule, without an agent. And if your documents are in order, you might even view a home and sign a lease on the same day! Utilities, taxes, and other fees may apply. Please verify and confirm all information before signing a lease. If you have questions, don't hesitate to contact us at the telephone number on this property listing. The photos, renderings, or other images of the properties on our website, are for illustrative purposes only, and may vary from the features, amenities, or phase of construction. We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our residences is listed there, please notify us. For further description of applicable fees, please go to our website.
5537 Floating Leaf Dr, Indianapolis, IN 46237 is a 3 bedroom, 3 bathroom, 2,595 sqft single-family home in Galludet, built in 2003. It last sold for $129,000 on Dec 5, 2013 (6,147% above the $2,065 asking price). More recently, it was listed as a rental in October 2025 with an asking price of $2,225 per month. That rental listing was removed on January 6, 2026. It is currently off market. The Trulia Estimate is $289,900, with a rent estimate of $2,229/month.
Contact this Building
Property Website

Home Details for 5537 Floating Leaf Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: Central AirHeating Fuel: Other
Appliances & Utilities
DishwasherMicrowaveRefrigerator

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Exterior Features

Parking & Garage
GarageParking: Garage

Media

Price and Tax history

DateEventPrice
Jan 6, 2026
Source: Zillow Rentals
ListingRemoved
$2,065
Dec 18, 2025
Source: Zillow Rentals
PriceChange
$2,065
Price decreased by 1%
Dec 10, 2025
Source: Zillow Rentals
PriceChange
$2,085
Price decreased by 3%
Nov 20, 2025
Source: Zillow Rentals
PriceChange
$2,150
Price decreased by 0%
Nov 12, 2025
Source: Zillow Rentals
PriceChange
$2,160
Price decreased by 2%

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
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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
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  • 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

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Homes for sale near 5537 Floating Leaf Dr

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Off Market Homes Near 5537 Floating Leaf Dr

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Frequently asked questions about 5537 Floating Leaf Dr

  • What is 5537 Floating Leaf Dr estimated to be worth?
    Trulia's estimated value for 5537 Floating Leaf Dr in Indianapolis, IN is $289,900.
  • What is the price history for 5537 Floating Leaf Dr?
    5537 Floating Leaf Dr in Indianapolis, IN last sold for $129,000 in December 2013.
  • 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.
  • Does 5537 Floating Leaf Dr have air conditioning?
    Yes, 5537 Floating Leaf Dr in Indianapolis, IN has air conditioning.
  • Does 5537 Floating Leaf Dr have a garage?
    Yes, 5537 Floating Leaf Dr in Indianapolis, IN has a garage.