Sold631d on market
5440 Lobo Dr
Indianapolis, IN, 46237 • South Emerson • Marion County
$196,500
$213/sqft
3Beds
1Baths
924Sqft
0.16 acLot
1981Built
Property DNA
Ranch Style
Built 1981 · 45 years of history
Southern View
South Emerson
Outdoor Living
Patio
Special Features
Barn Mini · Storage
1-Car Garage
Attached
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
631 days on market
Established listing
$213/sqft
Price per square foot
About this home
Single Family · Built 1981
Welcome home to this terrific 3 bed 1 bath located in Franklin Township, perfect for that first time buyer! Updates include vinyl plank flooring throughout, fresh paint, stainless appliances, newer roof, fenced in back yard, and even a storage shed included! The home is situated close to all your shopping and entertainment needs!
Standout features identified
Our analysis highlights franklin township, fresh paint, and stainless appliances as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,290/month
Principal & Interest$1,028
Property Tax$197
Insurance$66
Down payment20% ($39,300)
3%50%
Est. 6.83% rate · 30yr fixed · $157,200 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1981
HeatingHeat Pump, Electric
Parking1 Attached Garage space
Lot6,969 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1981
Stories1
Systems
HeatingHeat Pump, Electric
ConstructionVinyl Siding
Water / SewerCommunity Water
Parking & Outdoor
ParkingAttached
Garage1 spaces
FencingFenced,Fence Full Rear
Lot6,969 sqft
Location & Tax
NeighborhoodSouth Emerson
Annual tax$1,230
Parcel491503112052000300
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
Attic Access
Cathedral Ceiling(s)
Ceiling Fan(s)
Eat-in Kitchen
High Speed Internet
Appliances
Disposal
Electric Oven
Refrigerator
Electric Water Heater
Heating
Heat Pump
Electric
Laundry
Laundry Closet
Windows
Storms Some
Exterior Features
Parking
Attached
Construction
Vinyl Siding
Patio & Porch
Patio
Lot Features
Cul-De-Sac
Other Structures
Barn Mini
Storage
Room details
5 rooms detailed
Master Bedroom
Main13×12 ft156 sqft
Carpet
Bedroom2
Main11×9 ft99 sqft
Carpet
Bedroom3
Main10×9 ft90 sqft
Carpet
Kitchen
Main17×9 ft153 sqft
Vinyl Plank
Laundry
Main16×12 ft192 sqft
Vinyl Plank
Listing insights
Market data and value estimates
StatusSold
Days on market631
Est. value$201,600
Est. rent$1,598/mo
Tax rate0.96%
Price/sqft$213
On marketJun 7, 2024
PostedJun 7, 2024
Last sold$196,500
MLS statusSold
MLS updatedAug 8, 2024
Tour days6
Views1
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
13 events
DateEventPrice$/sqftSource
Jul 16, 2024Sold$196,500$213MIBOR as distributed by MLS GRID
Jun 8, 2024Pending Sale$174,900$189MIBOR as distributed by MLS GRID
Jun 7, 2024Listed For Sale$174,900$189MIBOR as distributed by MLS GRID
Jul 15, 2016Sold$84,900$92MIBOR as distributed by MLS GRID
Jun 23, 2016Pending Sale$84,900$92United Real Estate Indpls
May 6, 2016Listed For Sale$84,900$92RE/MAX Legends Group
Apr 13, 2016Pending Sale$84,900$92RE/MAX Legends Group
Mar 6, 2016Listed For Sale$84,900$92RE/MAX Legends Group
Nov 11, 2015Listing Removed$84,900$92RE/MAX Legends Group
Oct 1, 2015Price Change$84,900$92RE/MAX Legends Group
Aug 21, 2015Price Change$85,000$92RE/MAX Legends Group
Aug 11, 2015Listed For Sale$97,500$106RE/MAX Legends Group
Feb 3, 2005Sold$76,000$82MIBOR as distributed by MLS GRID
Sold$196,500
Jul 16, 2024•$213/sqft•MIBOR as distributed by MLS GRID
Pending Sale$174,900
Jun 8, 2024•$189/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$174,900
Jun 7, 2024•$189/sqft•MIBOR as distributed by MLS GRID
Sold$84,900
Jul 15, 2016•$92/sqft•MIBOR as distributed by MLS GRID
Pending Sale$84,900
Jun 23, 2016•$92/sqft•United Real Estate Indpls
Listed For Sale$84,900
May 6, 2016•$92/sqft•RE/MAX Legends Group
Pending Sale$84,900
Apr 13, 2016•$92/sqft•RE/MAX Legends Group
Listed For Sale$84,900
Mar 6, 2016•$92/sqft•RE/MAX Legends Group
Listing Removed$84,900
Nov 11, 2015•$92/sqft•RE/MAX Legends Group
Price Change$84,900
Oct 1, 2015•$92/sqft•RE/MAX Legends Group
Price Change$85,000
Aug 21, 2015•$92/sqft•RE/MAX Legends Group
Listed For Sale$97,500
Aug 11, 2015•$106/sqft•RE/MAX Legends Group
Sold$76,000
Feb 3, 2005•$82/sqft•MIBOR as distributed by MLS GRID
Tax history
22 years of records
YearTax paidAssessed value
Apr 9, 2024$1,070$134,400
Apr 9, 2023$1,230$121,300
Apr 9, 2022$1,029$121,300
Apr 9, 2021$1,054$104,900
Apr 9, 2020$903$105,600
Apr 9, 2019$622$95,700
Apr 9, 2018$616$81,700
Apr 9, 2017$590$78,900
Apr 9, 2016$468$73,000
Apr 9, 2014$505$66,000
Apr 9, 2013$582$63,700
Apr 9, 2012$582$67,600
Apr 9, 2011—$58,600
Apr 9, 2010$504$58,600
Apr 9, 2009$399$58,600
Apr 9, 2007—$75,500
Apr 9, 2006—$75,100
Apr 9, 2005—$65,200
Apr 9, 2003—$65,200
Apr 9, 2002—$36,200
Apr 9, 2001—$12,070
Apr 9, 2000—$12,070
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-09 16:07:56 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](/mls-disclaimers/#48)
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