Sold296d on market
5341 Armstrong Dr
Indianapolis, IN, 46237 • South Emerson • Marion County
$295,500
$116/sqft
4Beds
2Baths
2,548Sqft
0.3 acLot
1974Built
Property DNA
Traditional Style
Built 1974 · 52 years of history
Arlington Acres
South Emerson
Outdoor Living
Patio · Screened
Barn Mini
Barn Mini
2-Car Garage
Attached
This home is in high demand
Listed 296 days ago · 6 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
296 days on market
Established listing
$116/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 4% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Single Family · Built 1974
Welcome to this beautifully updated 4-bedroom gem nestled on a quiet cul-de-sac with no HOA! From the moment you arrive, you'll be impressed by the thoughtful upgrades and designer touches throughout, including newer LVP flooring, neutral paint colors, and updated lighting. Step inside to find a gorgeous, remodeled kitchen featuring new Kraftmaid cabinets, sleek Corian countertops, soft-close drawers, under-cabinet lighting, and an abundance of prep space - perfect for cooking and entertaining alike. Newer stainless steel appliances complete this culinary dream. Multiple living areas and ample entertainment spaces are warm and inviting, but the real showstopper awaits outdoors. Enjoy evenings in the amazing backyard oasis with a built-in firepit, surrounded by mature trees and professional landscape lighting that create a magical setting. Relax or entertain in the charming screened-in porch, your new favorite hangout spot. Other updates include a new HVAC system (2020) for added comfort, energy efficient Andersen replacement windows, and included security cameras for peace of mind. The partially finished basement provides lots of added room for a home gym, play area, or additional storage. Located in the top-rated Franklin Township school district, with easy freeway access and just minutes from popular dining and shopping attractions. Schedule your showing today because this southside charmer won't last long!
Standout features identified
Our analysis highlights sleek corian countertops, charming screened-in porch, and quiet cul-de-sac as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,851/month
Principal & Interest$1,457
Property Tax$296
Insurance$99
Down payment20% ($59,100)
3%50%
Est. 6.26% rate · 30yr fixed · $236,400 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1974
HeatingForced Air, Heat Pump, Electric
Parking2 Attached Garage spaces
Lot0.30 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1974
Stories2
Systems
HeatingForced Air, Heat Pump, Electric
ConstructionBrick, Vinyl With Brick
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAttached
Garage2 spaces
BasementDaylight,Partial,Partially Finished
Lot0.30 Acres
Location & Tax
NeighborhoodSouth Emerson
Annual tax$2,644
Parcel491503136004000300
Bathrooms & Fees
Full baths2
Features & details
12 categories of property features
Interior Features
Interior
Attic Access
High Speed Internet
Appliances
Dishwasher
Electric Water Heater
Disposal
MicroHood
Electric Oven
Refrigerator
Heating
Forced Air
Heat Pump
Electric
Laundry
In Basement
Windows
Screens
Windows Thermal
Exterior Features
Exterior
Fire Pit
Parking
Attached
Construction
Brick
Vinyl With Brick
Patio & Porch
Patio
Screened
Lot Features
Cul-De-Sac
Sidewalks
Street Lights
Mature Trees
Utilities
Electricity Connected
Sewer Connected
Water Connected
Other Structures
Barn Mini
Room details
10 rooms detailed
Master Bedroom
Upper15×11 ft165 sqft
Carpet
Bedroom2
Upper12×12 ft144 sqft
Carpet
Bedroom3
Upper13×10 ft130 sqft
Carpet
Bedroom4
Upper10×8 ft80 sqft
Carpet
Bonus Room
Basement14×11 ft154 sqft
Other
Dining Room
Main11×10 ft110 sqft
Luxury Vinyl Plank
Listing insights
Market data and value estimates
StatusSold
Days on market296
Est. value$301,900
Est. rent$2,044/mo
Tax rate0.96%
Price/sqft$116
On marketMay 14, 2025
PostedMay 14, 2025
Last sold$295,500
MLS statusSold
MLS updatedJun 18, 2025
Tour days6
Views6
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
6 events
DateEventPrice$/sqftSource
Jun 16, 2025Sold$295,500$116MIBOR as distributed by MLS GRID
May 17, 2025Pending Sale$295,000$116MIBOR as distributed by MLS GRID
May 14, 2025Listed For Sale$295,000$116MIBOR as distributed by MLS GRID
Sep 24, 2018Sold$171,000$67MIBOR as distributed by MLS GRID
Aug 25, 2018Pending Sale$165,000$65United Real Estate Indpls
Aug 23, 2018Listed For Sale$165,000$65United Real Estate Indpls
Sold$295,500
Jun 16, 2025•$116/sqft•MIBOR as distributed by MLS GRID
Pending Sale$295,000
May 17, 2025•$116/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$295,000
May 14, 2025•$116/sqft•MIBOR as distributed by MLS GRID
Sold$171,000
Sep 24, 2018•$67/sqft•MIBOR as distributed by MLS GRID
Pending Sale$165,000
Aug 25, 2018•$65/sqft•United Real Estate Indpls
Listed For Sale$165,000
Aug 23, 2018•$65/sqft•United Real Estate Indpls
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$2,632$298,100
Apr 9, 2023$2,644$258,700
Apr 9, 2022$2,273$258,800
Apr 9, 2021$2,037$222,000
Apr 9, 2020$1,742$198,800
Apr 9, 2019$1,412$174,000
Apr 9, 2018$1,429$141,000
Apr 9, 2017$1,320$139,500
Apr 9, 2016$1,209$122,800
Apr 9, 2014$1,223$121,300
Apr 9, 2013$1,270$123,600
Apr 9, 2012$1,270$126,000
Apr 9, 2011—$129,700
Apr 9, 2010$1,291$127,700
Apr 9, 2009$1,291$127,700
Apr 9, 2007—$133,700
Apr 9, 2006—$128,800
Apr 9, 2005—$117,800
Apr 9, 2004—$117,800
Apr 9, 2003—$117,800
Apr 9, 2002—$68,300
Apr 9, 2001—$22,770
Apr 9, 2000—$22,770
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
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 08:53:01 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)
No obligation · Same-day response