This one-story, 3-bedroom home sits on a 7,275 sq ft lot in a quiet Indianapolis neighborhood and comes loaded with the kind of extras that are hard to find at any price point - a private hot tub, a shed for storage, a fully fenced backyard, and zero HOA fees to tell you what to do with either. The three bedrooms are comfortable and practical, giving you the flexibility to use the space however your life calls for it - a guest room, a home office, a hobby space. New flooring throughout and renovated bathroom If you've been looking for something move-in ready with a little more to offer in the backyard, this one is worth a walk-through.
Active
Price cut: $7.9K (7/2)
$207,000
5423 Lobo Dr, Indianapolis, IN 46237
3beds
910sqft
Residential, Single Family Residence
Built in 1981
7,405 Square Feet Lot
$-- Zestimate®
$227/sqft
$-- HOA
What's special
- 73 days |
- 321 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Ani Rios 317-507-5214,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22099907
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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: 154 Square Feet
- Dimensions: 14x11
Bedroom 2
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Bedroom 3
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Kitchen
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Laundry
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8x7
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Water Heater
Features
- Attic Pull Down Stairs, Ceiling Fan(s), Eat-in Kitchen
- Has basement: No
- Attic: Pull Down Stairs
Interior area
- Total structure area: 910
- Total interior livable area: 910 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: 491503112017000300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $188,900
- Annual tax amount: $1,396
- Date on market: 5/7/2026
- Cumulative days on market: 78 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $207,000-3.7%$227/sqft |
Source:  MIBOR as distributed by MLS GRID #22099907 Report a problem | ||
| 5/7/2026 | Listed for sale | $214,900+9.1%$236/sqft |
Source: MIBOR as distributed by MLS GRID #22099907 Report a problem | ||
| 10/18/2024 | Sold | $197,000$216/sqft |
Source: MIBOR as distributed by MLS GRID #22000517 Report a problem | ||
| 9/12/2024 | Pending sale | $197,000$216/sqft |
Source: MIBOR as distributed by MLS GRID #22000517 Report a problem | ||
| 9/9/2024 | Listed for sale | $197,000+98%$216/sqft |
Source: MIBOR as distributed by MLS GRID #22000517 Report a problem | ||
| 4/9/2018 | Sold | $99,500$109/sqft |
Source: MIBOR as distributed by MLS GRID #21549697 Report a problem | ||
| 3/12/2018 | Pending sale | $99,500$109/sqft |
Source: Carpenter Realtors, Inc. #21549697 Report a problem | ||
| 3/7/2018 | Listed for sale | $99,500+48%$109/sqft |
Source: Carpenter Realtors, Inc. #21549697 Report a problem | ||
| 3/27/2008 | Sold | $67,250+3.5%$74/sqft |
Source: MIBOR as distributed by MLS GRID #2812085 Report a problem | ||
| 3/9/2008 | Listed for sale | $65,000$71/sqft |
Source: Keller Williams Realty #2812085 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,397 +22.8% | $188,900 +35.2% |
| 2024 | $1,138 -10.7% | $139,700 +10.7% |
| 2023 | $1,274 +15.6% | $126,200 |
| 2022 | $1,103 -0.8% | $126,200 +15.5% |
| 2021 | $1,112 +10.3% | $109,300 -0.6% |
| 2020 | $1,008 +47.2% | $110,000 +10.4% |
| 2019 | $685 +0% | $99,600 +17.2% |
| 2018 | $684 -1.5% | $85,000 +3.2% |
| 2017 | $695 +34.6% | $82,400 +4.6% |
| 2016 | $516 -6.1% | $78,800 +10.7% |
| 2014 | $550 -13.9% | $71,200 +3.5% |
| 2013 | $639 | $68,800 -6.1% |
| 2012 | $639 | $73,300 +17.3% |
| 2011 | -- | $62,500 |
| 2010 | $545 +26.2% | $62,500 |
| 2009 | $432 | $62,500 -22.4% |
| 2007 | -- | $80,500 +111.3% |
| 2002 | -- | $38,100 +200% |
| 2001 | -- | $12,700 |
| 2000 | -- | $12,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Emerson
Nearby schools
GreatSchools rating
- 5/10Arlington Elementary SchoolGrades: K-3Distance: 0.6 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 5 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 3.3 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
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