5341 Armstrong Dr Indianapolis, IN 46237
South Emerson Neighborhood
4
Beds
2
Baths
2,190
Sq Ft
0.3
Acres
Highlights
- Mature Trees
- Traditional Architecture
- No HOA
- Franklin Central High School Rated A-
- Separate Formal Living Room
- Formal Dining Room
About This Home
As of June 2025Welcome 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!
Last Agent to Sell the Property
Highgarden Real Estate Brokerage Email: jgrant@highgarden.com License #RB17000192 Listed on: 05/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,644
Year Built
- Built in 1974
Lot Details
- 0.3 Acre Lot
- Cul-De-Sac
- Mature Trees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Thermal Windows
- Window Screens
- Separate Formal Living Room
- Formal Dining Room
- Attic Access Panel
Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Partial Basement
- Sump Pump with Backup
- Laundry in Basement
- Basement Lookout
Outdoor Features
- Screened Patio
- Fire Pit
- Shed
Schools
- Arlington Elementary School
- Franklin Central Junior High
- Edgewood Intermediate School
- Franklin Central High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Arlington Acres Subdivision
Listing and Financial Details
- Legal Lot and Block 244 / 4
- Assessor Parcel Number 491503136004000300
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2025
Closed on
Jun 16, 2025
Sold by
Gray James C and Gray Karen E
Bought by
Elkin Ashley Elizabeth and Ropp Mason Anthony
Seller's Agent
Jeannie Grant
Highgarden Real Estate
Buyer's Agent
Zack McKeown
American Dream Team Real Estate
List Price
$295,000
Sold Price
$295,500
Premium/Discount to List
$500
0.17%
Views
94
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.85%
Original Mortgage
$285,500
Outstanding Balance
$285,259
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$22,090
Purchase Details
Listed on
Aug 23, 2018
Closed on
Sep 24, 2018
Sold by
Todd Willing
Bought by
Gray John C
Seller's Agent
Thomas Williams
United Real Estate Indpls
Buyer's Agent
Jeannie Grant
Highgarden Real Estate
List Price
$165,000
Sold Price
$171,000
Premium/Discount to List
$6,000
3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$150,579
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2014
Sold by
Summerville Margaret A
Bought by
Willing Todd and Willing Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,443
Interest Rate
4.41%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Deed | $171,000 | -- | |
| Interfamily Deed Transfer | $171,000 | -- | |
| Warranty Deed | $171,000 | Mvp National Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,500 | New Conventional | |
| Previous Owner | $148,200 | New Conventional | |
| Previous Owner | $150,579 | New Conventional | |
| Previous Owner | $109,273 | FHA | |
| Previous Owner | $111,443 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $295,500 | +0.2% | $135 / Sq Ft |
| 05/17/2025 05/17/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | For Sale | $295,000 | +72.5% | $135 / Sq Ft |
| 09/24/2018 09/24/18 | Sold | $171,000 | +3.6% | $67 / Sq Ft |
| 08/25/2018 08/25/18 | Pending | -- | -- | -- |
| 08/23/2018 08/23/18 | For Sale | $165,000 | -- | $65 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,739 | $298,100 | $36,400 | $261,700 |
| 2023 | $2,739 | $258,700 | $36,400 | $222,300 |
| 2022 | $2,748 | $258,700 | $36,400 | $222,300 |
| 2021 | $2,375 | $222,000 | $36,400 | $185,600 |
| 2020 | $2,136 | $198,800 | $36,400 | $162,400 |
| 2019 | $1,839 | $174,000 | $23,400 | $150,600 |
| 2018 | $1,506 | $141,000 | $23,400 | $117,600 |
| 2017 | $1,489 | $139,500 | $23,400 | $116,100 |
| 2016 | $1,320 | $122,800 | $23,400 | $99,400 |
| 2014 | $1,223 | $121,300 | $23,400 | $97,900 |
| 2013 | $1,246 | $123,600 | $23,400 | $100,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Jeannie Grant
Highgarden Real Estate
(317) 782-5259
6 in this area
157 Total Sales
-
Z
Buyer's Agent in 2025
Zack McKeown
American Dream Team Real Estate
(317) 370-9808
1 in this area
29 Total Sales
-
T
Seller's Agent in 2018
Thomas Williams
United Real Estate Indpls
(317) 253-7990
1 in this area
155 Total Sales
-
K
Seller Co-Listing Agent in 2018
Kathleen Jordan
United Real Estate Indpls
57 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22035288
APN: 49-15-03-136-004.000-300
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