Sold544d on market
5501 Armstrong Dr
Indianapolis, IN, 46237 • South Emerson • Marion County
$205,000
$135/sqft
3Beds
2Baths
1,520Sqft
0.32 acLot
1976Built
Property DNA
Traditional Style
Built 1976 · 50 years of history
Arlington Acres
South Emerson
Outdoor Living
Screened
1 Fireplace
Family Room
Barn Mini
Barn Mini
1-Car Garage
Attached
This home is getting attention
Listed 544 days ago · 15 views
Market activity
Demand and pricing signals for this listing
15 views
People checking out this listing
544 days on market
Established listing
$135/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 17% 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 1976
Charming 3-Bedroom Home with Modern Updates! This inviting 1890 square foot home in desirable Franklin Township offers a perfect blend of classic charm and contemporary comfort. Featuring three bedrooms and one and a half bathrooms, this spacious residence provides ample room for family living. The heart of the home is the open-concept kitchen and dining area, complete with stainless steel appliances and a convenient breakfast bar. Cozy up by the fireplace on chilly evenings or entertain guests in style. Step outside to discover a vast backyard oasis, perfect for relaxation or outdoor entertaining. The huge screened-in porch is an ideal spot to enjoy the tranquil surroundings. A storage shed and mature trees add to the property's appeal. Recent updates include LVP flooring, a new roof, updated electrical system, and fresh interior and exterior paint, just to name a few, in 2023. The lower level provides additional storage space. Don't miss this opportunity to own a beautifully renovated home in a desirable location.
Standout features identified
Our analysis highlights huge screened-in porch, mature trees, and additional storage space as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,347/month
Principal & Interest$1,074
Property Tax$205
Insurance$68
Down payment20% ($41,000)
3%50%
Est. 6.84% rate · 30yr fixed · $164,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1976
HeatingForced Air, Electric
Parking1 Attached Garage space
Lot0.32 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1976
Stories2
Systems
HeatingForced Air, Electric
ConstructionVinyl Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAttached
Garage1 spaces
Fireplaces1
FencingFenced
Lot0.32 Acres
Location & Tax
NeighborhoodSouth Emerson
Annual tax$1,794
Parcel491503136056000300
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
Breakfast Bar
Eat-in Kitchen
Appliances
Dishwasher
Microwave
Electric Oven
Refrigerator
Heating
Forced Air
Electric
Fireplace
Family Room
Windows
Wood Work Painted
Exterior Features
Parking
Attached
Construction
Vinyl Siding
Patio & Porch
Screened
Lot Features
Sidewalks
Mature Trees
Other Structures
Barn Mini
Room details
9 rooms detailed
Master Bedroom
Upper14×10 ft140 sqft
Carpet
Bedroom2
Upper12×10 ft120 sqft
Vinyl Plank
Bedroom3
Upper9×9 ft81 sqft
Vinyl Plank
Bonus Room
Main9×11 ft99 sqft
Other
Family Room
Main20×13 ft260 sqft
Laminate
Great Room
Main20×14 ft280 sqft
Vinyl Plank
Listing insights
Market data and value estimates
StatusSold
Days on market544
Est. value$213,000
Est. rent$1,832/mo
Tax rate0.96%
Price/sqft$135
On marketAug 2, 2024
PostedAug 2, 2024
Last sold$205,000
MLS statusSold
MLS updatedNov 11, 2024
Tour days6
Views15
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
14 events
DateEventPrice$/sqftSource
Oct 10, 2024Sold$205,000$135MIBOR as distributed by MLS GRID
Sep 13, 2024Pending Sale$219,000$144MIBOR as distributed by MLS GRID
Aug 29, 2024Price Change$219,000$144MIBOR as distributed by MLS GRID
Aug 12, 2024Price Change$230,000$151MIBOR as distributed by MLS GRID
Aug 2, 2024Listed For Sale$240,000$158MIBOR as distributed by MLS GRID
Jul 28, 2023Listing Removed——Zillow Rentals
Jul 27, 2023Price Change$1,550$1Zillow Rentals
Jul 7, 2023Listed For Rent$1,650$1Zillow Rentals
May 2, 2023Sold$201,000$132MIBOR as distributed by MLS GRID
Apr 3, 2023Pending Sale$185,000$122MIBOR as distributed by MLS GRID
Mar 30, 2023Listed For Sale$185,000$122MIBOR as distributed by MLS GRID
Sep 28, 2009Sold$49,900$33Public Record
Jun 27, 2009Listed For Sale$49,900$33INDIANA'S REO TEAM LLC.
Nov 19, 2008Sold$57,600$38Public Record
Sold$205,000
Oct 10, 2024•$135/sqft•MIBOR as distributed by MLS GRID
Pending Sale$219,000
Sep 13, 2024•$144/sqft•MIBOR as distributed by MLS GRID
Price Change$219,000
Aug 29, 2024•$144/sqft•MIBOR as distributed by MLS GRID
Price Change$230,000
Aug 12, 2024•$151/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$240,000
Aug 2, 2024•$158/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Jul 28, 2023•Zillow Rentals
Price Change$1,550
Jul 27, 2023•$1/sqft•Zillow Rentals
Listed For Rent$1,650
Jul 7, 2023•$1/sqft•Zillow Rentals
Sold$201,000
May 2, 2023•$132/sqft•MIBOR as distributed by MLS GRID
Pending Sale$185,000
Apr 3, 2023•$122/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$185,000
Mar 30, 2023•$122/sqft•MIBOR as distributed by MLS GRID
Sold$49,900
Sep 28, 2009•$33/sqft•Public Record
Listed For Sale$49,900
Jun 27, 2009•$33/sqft•INDIANA'S REO TEAM LLC.
Sold$57,600
Nov 19, 2008•$38/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$1,793$236,500
Apr 8, 2023$1,793$179,000
Apr 8, 2022$1,659$179,000
Apr 8, 2021$1,502$165,500
Apr 8, 2020$1,297$149,800
Apr 8, 2019$1,223$129,300
Apr 8, 2018$1,244$121,900
Apr 8, 2017$1,172$120,800
Apr 8, 2016$1,111$109,300
Apr 8, 2014$1,098$106,600
Apr 8, 2013$1,137$108,500
Apr 8, 2012$1,137$110,500
Apr 8, 2011—$113,700
Apr 8, 2010$1,180$112,200
Apr 8, 2009$1,180$112,200
Apr 8, 2007—$116,200
Apr 8, 2006—$117,000
Apr 8, 2005—$101,100
Apr 8, 2004—$101,100
Apr 8, 2003—$101,100
Apr 8, 2002—$58,400
Apr 8, 2001—$19,470
Apr 8, 2000—$19,470
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 2026-04-08 14:03:18 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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