Pending46d on market
5118 Gringo Dr
Indianapolis, IN, 46237 • South Emerson • Marion County
$229,900
$153/sqft
Down payment assistance available
4Beds
2Baths
1,506Sqft
0.17 acLot
1980Built
Property DNA
Arlington Acres
South Emerson
1 Fireplace
Family Room · Wood Burning · Masonry
1-Car Garage
Attached
This home is getting attention
Listed 46 days ago · 373 views · 16 saves
Market activity
Demand and pricing signals for this listing
373 views
People checking out this listing
16 saves
Buyers have saved this home
46 days on market
Established listing
$153/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 21% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1980
Welcome to this charming four-bedroom, two full-bathroom home that perfectly balances comfort with modern convenience. This thoughtfully designed 1,506-square-foot residence offers an ideal layout for both everyday living and entertaining guests. The upper level features a formal living room that creates an elegant first impression, while the family room provides a cozy gathering space centered around a wood-burning fireplace. The kitchen has oak cabinets with brand new stainless steel appliances. The kitchen flows seamlessly into the dining area, creating an open concept that encourages conversation and connection. Three bedrooms are located upstairs with one bedroom in the main level. Most of the home has new luxury vinyl plank and new carpets. The outdoor space features a deck and a fenced backyard, ensuring privacy and safety. Lots of storage space with a mini barn and a one car garage! This home combines practical features with comfortable living spaces, creating an environment where memories are made and daily life flows smoothly. The thoughtful updates and well-maintained condition make this property move-in ready!
Standout features identified
Our analysis highlights mini barn, wood-burning fireplace, and fenced backyard as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,509/month
Principal & Interest$1,202
Property Tax$230
Insurance$77
Down payment20% ($45,980)
3%50%
Est. 6.83% rate · 30yr fixed · $183,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1980
HeatingElectric, Heat Pump
CoolingCentral Air
Parking1 Attached Garage space
Lot7,405 sqft
Days on Zillow46 Days
Price/sqft$153
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
Year built1980
Systems
HeatingElectric, Heat Pump
CoolingCentral Air
ConstructionAluminum Siding
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage1 spaces
Fireplaces1
FencingFenced
Lot7,405 sqft
Location & Tax
NeighborhoodSouth Emerson
Annual tax$2,138
Parcel491503145013000300
Bathrooms & Fees
Full baths2
Features & details
9 categories of property features
Interior Features
Interior
Attic Access
Entrance Foyer
High Speed Internet
Supplemental Storage
Appliances
ENERGY STAR Qualified Water Heater
Electric Water Heater
ENERGY STAR Qualified Appliances
Electric Oven
Range Hood
Refrigerator
Heating
Electric
Heat Pump
Cooling
Central Air
Fireplace
Family Room
Wood Burning
Masonry
Windows
Wood Work Painted
Exterior Features
Parking
Attached
Construction
Aluminum Siding
Lot Features
Sidewalks
Mature Trees
Room details
8 rooms detailed
Master Bedroom
Upper11×11 ft121 sqft
Bedroom2
Upper13×9 ft117 sqft
Bedroom3
Upper10×9 ft90 sqft
Bedroom4
Main11×11 ft121 sqft
Dining Room
Upper10×10 ft100 sqft
Family Room
Main17×13 ft221 sqft
Listing insights
Market data and value estimates
StatusPending
Days on market46
Est. value$227,700
Est. rent$2,079/mo
Tax rate0.96%
Price/sqft$153
On marketFeb 21, 2026
PostedFeb 21, 2026
Last sold$53,500
MLS statusPending
MLS updatedApr 2, 2026
Tour days6
Views373
Favorites16
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
11 events
DateEventPrice$/sqftSource
Mar 17, 2026Pending Sale$229,900$153MIBOR as distributed by MLS GRID
Feb 21, 2026Listed For Sale$229,900$153MIBOR as distributed by MLS GRID
Nov 10, 2023Listing Removed——Zillow Rentals
Oct 20, 2023Listed For Rent$1,575$1Zillow Rentals
Apr 2, 2020Listing Removed$1,150$1Zillow Rental Manager
Nov 21, 2019Listed For Rent$1,150$1Zillow Rental Manager
Aug 8, 2018Listing Removed$1,050$1Zillow Rental Manager
Jul 26, 2018Listed For Rent$1,050$1Zillow Rental Manager
Sep 2, 2017Listing Removed$1,050$1Zillow Rental Manager
Aug 16, 2017Listed For Rent$1,050$1Zillow Rental Manager
Dec 19, 2007Sold$53,500$36Public Record
Pending Sale$229,900
Mar 17, 2026•$153/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$229,900
Feb 21, 2026•$153/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Nov 10, 2023•Zillow Rentals
Listed For Rent$1,575
Oct 20, 2023•$1/sqft•Zillow Rentals
Listing Removed$1,150
Apr 2, 2020•$1/sqft•Zillow Rental Manager
Listed For Rent$1,150
Nov 21, 2019•$1/sqft•Zillow Rental Manager
Listing Removed$1,050
Aug 8, 2018•$1/sqft•Zillow Rental Manager
Listed For Rent$1,050
Jul 26, 2018•$1/sqft•Zillow Rental Manager
Listing Removed$1,050
Sep 2, 2017•$1/sqft•Zillow Rental Manager
Listed For Rent$1,050
Aug 16, 2017•$1/sqft•Zillow Rental Manager
Sold$53,500
Dec 19, 2007•$36/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$1,921$106,900
Apr 9, 2023$1,773$96,000
Apr 9, 2022$1,612$88,600
Apr 9, 2021$1,904$104,400
Apr 9, 2020$1,708$95,100
Apr 9, 2019$1,648$85,300
Apr 9, 2018$2,077$107,200
Apr 9, 2017$1,997$101,700
Apr 9, 2016$1,858$96,300
Apr 9, 2014$2,025$100,700
Apr 9, 2013$1,012$100,700
Apr 9, 2012$1,012$98,800
Apr 9, 2011—$97,900
Apr 9, 2010$1,011$97,900
Apr 9, 2009$1,061$102,700
Apr 9, 2007—$102,700
Apr 9, 2006—$91,100
Apr 9, 2005—$89,100
Apr 9, 2004—$90,600
Apr 9, 2003—$90,600
Apr 9, 2002—$50,800
Apr 9, 2001—$16,930
Apr 9, 2000—$16,930
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 02:22:46 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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