OFF MARKET

Off Market Nov 2023 for $321K

$319,041

•

2,222

sq ft

5741 Spring Oaks Way, Indianapolis, IN 46237

About this home

Tons of updates & improvements! Great space compared to similar homes nearby. Bonus room with great potential. Walking distance to two different schools. Only 2 1/2 miles to access I-465 and all the conveniences on Emerson Ave. Offering 2,222 square feet of living space, this Spring Oaks home combines comfort and convenience. With 3 bedrooms, there's ample room for relaxation and rest. The bonus room adds versatility to the layout, allowing you to customize the space to suit your needs. Updates throughout the interior ensure modern comfort, making it easy to settle in and feel at home. Outside, discover a serene oasis in the fully fenced-in yard, perfect for unwinding or enjoying outdoor activities. Located near the interstate, this property provides easy access to the city, allowing you to explore everything Indianapolis has to offer. Don't miss out - come and see it today!

Single-familyProperty Type

1993Year Built

9,100 sq ftLot Size

$144Est. Price/Sq.Ft.

2 car garageParking

Listed by Kade Koch • Highgarden Real Estate

Contact: kadeakoch@gmail.com

Bought with Suitin Hnin • F.C. Tucker Company

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21949849

Redfin Estimate

$319,041

$2,459 since sold in November 2023$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.9% higher than the average sale price ($278K) of 6 comparable homes.

SOLD MAY 1, 2026
$280,000
A
3 beds2.5 baths2,035 sq ft
5610 Woodland Trace Blvd, Indianapolis, IN 46237
SOLD DEC 12, 2025
$225,000
B
3 beds2.5 baths2,028 sq ft
5519 Apple Branch Way, Indianapolis, IN 46237
SOLD JUL 15, 2026
$292,500
C
3 beds2.5 baths2,353 sq ft
5508 Front Point Ct, Indianapolis, IN 46237
SOLD AUG 6, 2026
$290,000
D
4 beds2.5 baths1,966 sq ft
5340 Waterton Lakes Dr, Indianapolis, IN 46237
SOLD MAR 27, 2026
$282,000
E
4 beds2.5 baths2,026 sq ft
6220 Copper Oaks Ct, Indianapolis, IN 46237
SOLD MAY 1, 2026
$297,000
F
3 beds2.5 baths2,348 sq ft
5724 Apple Branch Ct, Indianapolis, IN 46237

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Earn from this home

Sell

$54,643

Est. take-home

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Rent

$1,857/mo

Redfin rental estimate

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Market trends in 46237, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.0%

0.6% MoM

Median sale price

$282K

$1K MoM

Avg. days on market

30d

1 days MoM

Recently sold homes

199

0 MoM

New listings for sale

$264,900
3 beds2 baths1,275 sq ft
7416 Five Points Rd, Indianapolis, IN 46259
NEW 19 HRS AGO
$260,000
3 beds1.5 baths1,405 sq ft
4541 Lois Ln, Indianapolis, IN 46237
NEW 20 HRS AGO
$450,000
4 beds3 baths2,934 sq ft
4731 Moss Ln, Indianapolis, IN 46237
$140,000
2 beds1 bath998 sq ft
3012 Harlan St, Indianapolis, IN 46237
$390,000
3 beds2.5 baths2,436 sq ft
4006 Dundee Dr, Indianapolis, IN 46237
$365,000
3 beds2 baths1,822 sq ft
6050 Blue Fox Ln, Indianapolis, IN 46237
3D WALKTHROUGH
$265,000
3 beds2 baths1,400 sq ft
6039 Janel Cir, Indianapolis, IN 46237
OPEN SEP 26, 11:30AM TO 1:30PM
$285,000
2 beds2 baths1,732 sq ft
6027 Bunton Dr, Indianapolis, IN 46237
$185,000
2 beds1 bath888 sq ft
2023 E Werges Ave, Indianapolis, IN 46237
$259,900
3 beds2 baths1,409 sq ft
8343 Crosser Dr, Indianapolis, IN 46237
See all

Provided by Redfin

Sale history for 5741 Spring Oaks Way

Date

Event

Price

MIBOR as Distributed by MLS Grid #21949849

Nov 30, 2023

Sold

$321,500

$145/sq ft

Nov 1, 2023

Pending

—

Oct 26, 2023

Listed

$325,000

$146/sq ft

MIBOR as Distributed by MLS Grid #21112122

Jun 17, 2011

Listing Removed

—

Mar 19, 2011

Listed

$106,600

$48/sq ft

MIBOR as Distributed by MLS Grid #21040811

Nov 1, 2010

Listing Removed

—

Jul 30, 2010

Listed

$155,000

$70/sq ft

MIBOR as Distributed by MLS Grid #2912946

Apr 1, 2010

Listing Removed

—

Mar 14, 2009

Listed

$154,900

$70/sq ft

MIBOR as Distributed by MLS Grid #2771348

Mar 19, 2008

Listing Removed

—

Nov 11, 2007

Listed

$159,900

$72/sq ft

MIBOR as Distributed by MLS Grid #2732858

Nov 10, 2007

Listing Removed

—

May 21, 2007

Listed

$164,900

$74/sq ft

MIBOR as Distributed by MLS Grid #2678129

May 20, 2007

Listing Removed

—

Dec 20, 2006

Listed

$169,900

$76/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$3,244

$27,300 + $318,000

$345,300

2024

$3,247 (+38.6%)

$27,300 + $288,400

$315,700

2023

$2,343

$27,300 + $288,400

$315,700

2022

$2,342 (+8.2%)

$27,300 + $198,100

$225,400

2021

$2,164 (+7.0%)

$27,300 + $180,500

$207,800

2020

$2,022 (+16.4%)

$27,300 + $180,500

$207,800

2019

$1,738 (+0.6%)

$27,300 + $166,500

$193,800

2018

$1,728 (+7.6%)

$17,500 + $148,200

$165,700

2017

$1,606 (+1.6%)

$17,500 + $135,400

$152,900

2016

$1,580 (+12.1%)

$17,500 + $135,400

$152,900

2015

$1,410 (+4.0%)

$17,500 + $133,000

$150,500

2014

$1,356

$17,500 + $123,600

$141,100

2013

$1,356

$17,500 + $118,100

$135,600

Tax history for 5741 Spring Oaks Way

Year

Property tax

Land + Additions

Assessment*

2025

$3,244

$27,300 + $318,000

$345,300

2024

$3,247 (+38.6%)

$27,300 + $288,400

$315,700

2023

$2,343

$27,300 + $288,400

$315,700

2022

$2,342 (+8.2%)

$27,300 + $198,100

$225,400

2021

$2,164 (+7.0%)

$27,300 + $180,500

$207,800

2020

$2,022 (+16.4%)

$27,300 + $180,500

$207,800

2019

$1,738 (+0.6%)

$27,300 + $166,500

$193,800

2018

$1,728 (+7.6%)

$17,500 + $148,200

$165,700

2017

$1,606 (+1.6%)

$17,500 + $135,400

$152,900

2016

$1,580 (+12.1%)

$17,500 + $135,400

$152,900

2015

$1,410 (+4.0%)

$17,500 + $133,000

$150,500

2014

$1,356

$17,500 + $123,600

$141,100

2013

$1,356

$17,500 + $118,100

$135,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

10,010 Sq. Ft.

Year renovated

2010

Sq. Ft.

2,222

Year built

1993

Style

Single Family Residential

County

Marion County

APN

491502122015000300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Three

The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Aug 23, 2021 • Active

Right of way permit-excavation

Install innerduct across multiple streets including Spring Oaks Way, Trophy Oaks Court, Oakcrest Drive, Copper Oaks Court, and Oakbay Court.

Grading

Mar 1, 1996 • Final

Heating & cooling permit-1-2 family-new install

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Garage SqFt: 0
Parking Features: Attached, Concrete
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 2222
Living Area: 2222
Main Level Sq. Ft.: 1108
Upper Level Sq. Ft.: 1114
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Full Baths (Upper): 2
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 2
Full Bathrooms MU: 2

Room 1 Information
Room Features: Carpet
Room Dimensions: 15x14
Room Level: Upper

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 13x11
Room Level: Upper

Room 3 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 11x10
Room Level: Upper

Room 4 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 12x12
Room Level: Main

Room 5 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 14x13
Room Level: Main

Room 6 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 19x14
Room Level: Upper

Room 7 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 14x14
Room Level: Main

Other Rooms Information
Rooms Upper: 3
Rooms Main: 4
Rooms Basement: 0
# of Rooms: 7

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access, Walk-in Closet(s)
Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven

Exterior

Building Information
Percent Optional Level Finished: 0

Exterior Features
Fencing: Fence Complete, Privacy

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
Accessibility Features: Accessible Entrance
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.23

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: Yes

Location

HOA Information
Has HOA
Association Fee: $220
Association Fee Frequency: Annually

School Information
Middle Or Junior High School: Franklin Central Junior High
High School District: Franklin Township Com Sch Corp

Location Information
Directions: Use GPS
Tax Legal Description: Spring Oaks L 20

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 2,222
Stories: 2.0
Lot Size: 10,010 square feet
Style: Single Family Residential
Year Built: 1993
Year Renovated: 2010
County: Marion County
APN: 491502122015000300

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: kadeakoch@gmail.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Slab
Construction Materials: Brick, Vinyl Siding
Levels: Two

Around this home

Schools

Arlington Elementary School

Public K-3 • Assigned • 0.3mi

5/10

Franklin Central Junior High

Public 7-8 • Assigned • 4.3mi

5/10

Franklin Central High School

Public 9-12 • Assigned • 2.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46237

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$304,000 – $367,000

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Home values near 5741 Spring Oaks Way

Data from public records.

Address	Redfin Estimate
5816 Spring Oaks Way, Indianapolis, IN 4 Beds \| 2 Baths \| 1556 Sq. Ft.	$289,386
5804 Spring Oaks Way, Indianapolis, IN 3 Beds \| 1 Baths \| 1476 Sq. Ft.	$267,945

Address	Redfin Estimate
5747 Spring Oaks Way, Indianapolis, IN 3 Beds \| 2 Baths \| 1371 Sq. Ft.	—
5810 Spring Oaks Way, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1682 Sq. Ft.	$297,175

Address	Redfin Estimate
5734 Spring Oaks Way, Indianapolis, IN 4 Beds \| 2 Baths \| 1556 Sq. Ft.	$265,846
5817 Spring Oaks Way, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1969 Sq. Ft.	$268,051

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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