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  • $157,000

    5249 Straw Hat Dr, Indianapolis, IN 46237

    3beds
    936sqft
    Residential, Single Family Residence
    Built in 1979
    7,405 Square Feet Lot
    $205,600 Zestimate®
    $168/sqft
    $1,379 Estimated rent

    Home value

    $205,600

    $195,000 - $216,000

    $1,379/mo

    Zestimate® history
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    What's special

    Welcome home to this charming Franklin Township ranch, offering comfort, convenience, and long-term value. Featuring 3 bedrooms and 1 full bath, this home is ideal for first-time buyers looking to put down roots, while also presenting an excellent opportunity for investors seeking a strong addition to their portfolio. Fresh new carpeting and durable LVP flooring throughout make the home move-in ready and low-maintenance. With the opportunity to add personal touches, buyers can further enhance the home's charm and overall value. The indoor laundry room and attached one-car garage provide everyday convenience, while the spacious, open backyard offers endless potential for relaxing, entertaining, or future improvements. Located in a highly desirable Franklin Township neighborhood known for its welcoming community and proximity to shopping, dining, schools, and major commuter routes, this property offers consistent demand and lasting appeal-whether as a primary residence or income-producing investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia Bulat 317-225-0912,

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22080248MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Bedroom 2
    • Level: Main
    • Area: 104 Square Feet
    • Dimensions: 13x08
    Bedroom 3
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10x08
    Dining room
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 12x8
    Kitchen
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 12x8
    Laundry
    • Level: Main
    • Area: 64 Square Feet
    • Dimensions: 08x08
    Living room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Electric Cooktop, Dishwasher, Disposal, MicroHood, Electric Oven
    Features
    • Eat-in Kitchen, Wired for Data, Smart Thermostat
    • Has basement: No
    Interior area
    • Total structure area: 936
    • Total interior livable area: 936 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 7,405 Square Feet
    Details
    • Parcel number: 491503104039000300
    • Special conditions: None,As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Southern View
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $168/sqft
    • Tax assessed value: $181,600
    • Annual tax amount: $2,882
    • Date on market: 1/16/2026
    • Cumulative days on market: 38 days

    Price history

    DateEventPrice
    5/23/2026Listing removed$206,500$221/sqft
    Source: MIBOR as distributed by MLS GRID #22096055 Report a problem
    5/16/2026Price change$206,500-1.6%$221/sqft
    Source: MIBOR as distributed by MLS GRID #22096055 Report a problem
    5/5/2026Price change$209,900-1.2%$224/sqft
    Source: MIBOR as distributed by MLS GRID #22096055 Report a problem
    4/17/2026Listed for sale$212,500+35.4%$227/sqft
    Source: MIBOR as distributed by MLS GRID #22096055 Report a problem
    3/6/2026Sold$157,000-7.6%$168/sqft
    Source: MIBOR as distributed by MLS GRID #22080248 Report a problem
    2/23/2026Pending sale$170,000$182/sqft
    Source: MIBOR as distributed by MLS GRID #22080248 Report a problem
    2/13/2026Price change$170,000-2.9%$182/sqft
    Source: MIBOR as distributed by MLS GRID #22080248 Report a problem
    1/17/2026Price change$175,000-2.2%$187/sqft
    Source: MIBOR as distributed by MLS GRID #22080248 Report a problem
    1/16/2026Listed for sale$179,000+63.1%$191/sqft
    Source: MIBOR as distributed by MLS GRID #22080248 Report a problem
    10/22/2024Listing removed$1,375$1/sqft
    Source: Zillow Rentals Report a problem
    10/16/2024Price change$1,375-1.8%$1/sqft
    Source: Zillow Rentals Report a problem
    10/3/2024Listed for rent$1,400+7.7%$1/sqft
    Source: Zillow Rentals Report a problem
    9/17/2024Listing removed$1,300-7.1%$1/sqft
    Source: Zillow Rentals Report a problem
    5/7/2024Listed for rent$1,400+33.3%$1/sqft
    Source: Zillow Rentals Report a problem
    4/10/2020Listing removed$1,050$1/sqft
    Source: Ethosity Property Management Report a problem
    3/5/2020Listed for rent$1,050$1/sqft
    Source: Ethosity Property Management Report a problem
    2/28/2020Sold$109,750-6.6%$117/sqft
    Source: MIBOR as distributed by MLS GRID #21683854 Report a problem
    1/31/2020Pending sale$117,500$126/sqft
    Source: Snyder Strategy Realty, Inc #21683854 Report a problem
    1/7/2020Price change$117,500-2.1%$126/sqft
    Source: Snyder Strategy Realty, Inc #21683854 Report a problem
    11/25/2019Listed for sale$120,000$128/sqft
    Source: Snyder Strategy Realty, Inc #21683854 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,882 +10.8%$181,600 +26%
    2024$2,602 -2.2%$144,100 +10.8%
    2023$2,660 +16.1%$130,100 -2.2%
    2022$2,292 +33.9%$133,000 +16.1%
    2021$1,712 +7.1%$114,600 +33.9%
    2020$1,598 +16.5%$85,600 +7.1%
    2019$1,372 +0.7%$79,900 +16.5%
    2018$1,362 -31.2%$68,600 +3.2%
    2017$1,981 +61.6%$66,500 +6.7%
    2016$1,226 +1%$62,300 +2.6%
    2014$1,214 -2.6%$60,700 +3.2%
    2013$1,246 $58,800 -5.6%
    2012$1,246 $62,300 +17.5%
    2011-- $53,000
    2010$1,060 $53,000
    2009$1,060 $53,000 -21.1%
    2007-- $67,200 +14.9%
    2003-- $58,500 +70.1%
    2002-- $34,400 +200.2%
    2001-- $11,460
    2000-- $11,460
    Find assessor info on the county website

    Neighborhood: South Emerson

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Franklin Central Junior High

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $205,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $205,600