Off Market5641d on market
5539 Armstrong Dr
Indianapolis, IN, 46237 • South Emerson • Marion County
$221,800
$163/sqft
3Beds
2Baths
1,361Sqft
Property DNA
Hardwood & Tile Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
1 saves
Buyers have saved this home
5641 days on market
Established listing
$163/sqft
Price per square foot
About this home
Single Family
Nice brick 3 bedroom 2 car garage house. Recent upgrades include: new countertops and sink in kitchen, new vanities and toilets in bathrooms, new luxury vinyl plank in great room, bedrooms, master bathroom and entry way. New paint throughout interior. Exterior of house has new roof and brick mortar tuck where needed. Property is located on the Southeast side of Indianapolis in Franklin Township. Close to interstate, shopping and dining. 2 Year minimum lease, nonsmoker, maximum 2 vehicles. Must mow and maintain yard. Option: Landlord will mow and maintain yard for $40.00 a mowing throughout season.
Estimated monthly payment
Based on current rates
$1,456/month
Principal & Interest$1,160
Property Tax$222
Insurance$74
Down payment20% ($44,360)
3%50%
Est. 6.83% rate · 30yr fixed · $177,440 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
HeatingForced Air
CoolingCentral Air
ParkingAttached Garage
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Systems
HeatingForced Air
CoolingCentral Air
Parking & Outdoor
ParkingAttached
Location & Tax
NeighborhoodSouth Emerson
Annual tax$3,374
Parcel491503136049000300
Bathrooms & Fees
Full baths1
Features & details
7 categories of property features
Interior Features
Appliances
Dishwasher
Dryer
Microwave
Oven
Refrigerator
Washer
Flooring
Hardwood
Tile
Heating
Forced Air
Cooling
Central Air
Laundry
In Unit
Exterior Features
Exterior
Heating system: Forced Air
Parking
Attached
Listing insights
Market data and value estimates
StatusOff Market
Days on market5641
Est. value$221,800
Est. rent$1,662/mo
Tax rate0.96%
Price/sqft$163
On marketAug 3, 2025
PostedAug 3, 2025
Last sold$69,900
MLS updatedAug 3, 2025
Tour days6
Views5
Favorites1
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
7 events
DateEventPrice$/sqftSource
Aug 12, 2025Listing Removed$1,600$1Zillow Rentals
Aug 3, 2025Listed For Rent$1,600$1Zillow Rentals
Mar 24, 2021Listing Removed——Owner
Oct 11, 2017Listing Removed$1,200$1Owner
Sep 2, 2017Listed For Rent$1,200$1Owner
Oct 29, 2010Sold$69,900$51MIBOR as distributed by MLS GRID
Sep 24, 2010Listed For Sale$69,900$51Tomorrow Realty, Inc.
Listing Removed$1,600
Aug 12, 2025•$1/sqft•Zillow Rentals
Listed For Rent$1,600
Aug 3, 2025•$1/sqft•Zillow Rentals
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$1,200
Oct 11, 2017•$1/sqft•Owner
Listed For Rent$1,200
Sep 2, 2017•$1/sqft•Owner
Sold$69,900
Oct 29, 2010•$51/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$69,900
Sep 24, 2010•$51/sqft•Tomorrow Realty, Inc.
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2024$3,374$199,100
Apr 10, 2023$3,374$168,700
Apr 10, 2022$1,412$168,700
Apr 10, 2021$1,295$145,200
Apr 10, 2020$965$138,200
Apr 10, 2019$804$118,500
Apr 10, 2018$778$110,700
Apr 10, 2017$604$106,600
Apr 10, 2016$450$93,200
Apr 10, 2014$488$90,300
Apr 10, 2013$635$92,200
Apr 10, 2012$635$93,700
Apr 10, 2011—$96,500
Apr 10, 2010$682$94,800
Apr 10, 2009$536$94,800
Apr 10, 2007—$98,100
Apr 10, 2006—$94,800
Apr 10, 2005—$93,100
Apr 10, 2004—$93,100
Apr 10, 2003—$93,100
Apr 10, 2002—$58,100
Apr 10, 2001—$19,370
Apr 10, 2000—$19,370
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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