For Rent106d on market
5150 Pappas Dr
Indianapolis, IN, 46237 • South Emerson • Marion County
$1,600/mo
$2/sqft
3Beds
1Baths
984Sqft
This home is getting attention
Listed 106 days ago · 367 views · 38 saves
Market activity
Demand and pricing signals for this listing
367 views
People checking out this listing
38 saves
Buyers have saved this home
106 days on market
Established listing
$2/sqft
Price per square foot
About this home
Single Family
"Charming 3-Bedroom Gem in Indianapolis with Cozy 984 Sq. Ft. Living Space!" Surround yourself with the charm and comfort of 5150 Pappas Drive, a delightful rental opportunity in vibrant Indianapolis, IN. This inviting home offers a cozy yet spacious 984 square feet of living space, perfect for those who cherish both intimacy and functionality. Featuring three well-proportioned bedrooms, this home provides ample space for rest, creativity, and personal expression. The full bathroom is designed with a thoughtful layout, ensuring a seamless blend of style and convenience. As you step inside, you'll be captivated by the warm and welcoming ambiance that envelops each room. Situated in a lively neighborhood, this property places you in close proximity to the best that Indianapolis has to offer. Whether you're cooking up culinary delights or enjoying a quiet evening in, the home's layout enhances every moment. A harmonious balance of comfort and style awaits you at this charming address. Discover the joy of living in a home that truly feels like your own personal retreat. Don't miss the opportunity to make 5150 Pappas Drive your next treasured haven.
Standout features identified
Our analysis highlights warm and welcoming ambiance and three well-proportioned bedrooms as key attractions of this home.
Estimated monthly payment
Based on current rates
$10/month
Principal & Interest$8
Property Tax$2
Insurance$1
Down payment20% ($320)
3%50%
Est. 6.75% rate · 30yr fixed · $1,280 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
ParkingContact manager
Deposit & fees$1,600
One-time fees$1,600
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Location & Tax
NeighborhoodSouth Emerson
Annual tax$2,361
Parcel491503120043000300
Bathrooms & Fees
Full baths1
Features & details
1 category of property features
Interior Features
Appliances
Dishwasher
Disposal
Range Oven
Refrigerator
Listing insights
Market data and value estimates
StatusFor Rent
Days on market106
Est. value$198,200
Est. rent$1,574/mo
Tax rate0.96%
Price/sqft$2
On marketDec 23, 2025
PostedDec 23, 2025
Last sold$190,000
MLS updatedMar 27, 2026
Tour days6
Views367
Favorites38
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
7 events
DateEventPrice$/sqftSource
Feb 20, 2026Price Change$1,600$2Zillow Rentals
Dec 23, 2025Listed For Rent$1,650$2Zillow Rentals
Apr 17, 2023Sold$190,000$193MIBOR as distributed by MLS GRID
Mar 27, 2023Pending Sale$194,900$198MIBOR as distributed by MLS GRID
Mar 24, 2023Listed For Sale$194,900$198MIBOR as distributed by MLS GRID
May 8, 2009Sold$35,500$36MIBOR as distributed by MLS GRID
Apr 4, 2009Listed For Sale$34,000$35Keller Williams Realty
Price Change$1,600
Feb 20, 2026•$2/sqft•Zillow Rentals
Listed For Rent$1,650
Dec 23, 2025•$2/sqft•Zillow Rentals
Sold$190,000
Apr 17, 2023•$193/sqft•MIBOR as distributed by MLS GRID
Pending Sale$194,900
Mar 27, 2023•$198/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$194,900
Mar 24, 2023•$198/sqft•MIBOR as distributed by MLS GRID
Sold$35,500
May 8, 2009•$36/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$34,000
Apr 4, 2009•$35/sqft•Keller Williams Realty
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$2,361$153,400
Apr 9, 2023$2,176$117,600
Apr 9, 2022$2,133$108,100
Apr 9, 2021$1,902$105,800
Apr 9, 2020$1,700$94,300
Apr 9, 2019$1,532$85,000
Apr 9, 2018$1,472$76,600
Apr 9, 2017$1,473$72,000
Apr 9, 2016$1,314$69,900
Apr 9, 2014$1,200$60,000
Apr 9, 2013$563$60,000
Apr 9, 2012$563$66,700
Apr 9, 2011—$66,300
Apr 9, 2010$575$66,300
Apr 9, 2009$479$69,500
Apr 9, 2007—$71,800
Apr 9, 2006—$71,400
Apr 9, 2005—$64,500
Apr 9, 2004—$64,500
Apr 9, 2003—$64,500
Apr 9, 2002—$37,200
Apr 9, 2001—$12,400
Apr 9, 2000—$12,400
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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