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$175,000 -

5249 Straw Hat Drive Indianapolis IN 46237

3
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.17
Acres

Welcome home to this charming Franklin Township ranch, offering comfort, convenience, and long-term value. Featuring 3 bedrooms and 1 full bath, this home is ideal for first-time buyers looking to put down roots, while also presenting an excellent opportunity for investors seeking a strong addition to their portfolio. Fresh new carpeting and durable LVP flooring throughout make the home move-in ready and low-maintenance. With the opportunity to add personal touches, buyers can further enhance the home's charm and overall value. The indoor laundry room and attached one-car garage provide everyday convenience, while the spacious, open backyard offers endless potential for relaxing, entertaining, or future improvements. Located in a highly desirable Franklin Township neighborhood known for its welcoming community and proximity to shopping, dining, schools, and major commuter routes, this property offers consistent demand and lasting appeal-whether as a primary residence or income-producing investment.

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Property Details

Price: $175,000 Previously: $175,000 Originally: $179,000 Bedrooms: 3 Bathrooms: 1.00 MLS #: 22080248 Year Built: 1979 Township: Franklin Sq. Ft Total: 936 Type: Residential Zip Code: 46237 City: Indianapolis Subdivision: Southern View County: Marion School District: Franklin Township Com Sch Corp Middle School: Franklin Central Junior High

Interior Features

Interior Features:
  • Appliances: Electric Cooktop, Dishwasher, Disposal, MicroHood, Electric Oven
  • Cooling: None
  • Heating: Baseboard

Exterior Features

Exterior Features:
  • # Acres: 0.17

Listing Office: Exp Realty, Llc

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on January 21st, 2026 at 11:14am EST.

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