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(SOLD) $205,000

5501 Armstrong Drive Indianapolis, IN  46237

  • 3 Beds
  • 2 Baths
  • 1,520 sq. Ft

Property Description for 5501 Armstrong Drive Indianapolis, IN 46237

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.
QuickBuy option for home selling

Address:5501 Armstrong Drive Indianapolis IN 46237
Status:Sold
Sold On: 10/16/2024
Price:$219,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,520
Year Built:1976
Lot Size:0.32
County: Marion
Township: Franklin
MLS #:21994121
Property Type:Single Family Residence

Lot Dimensions:14000
Lot Features:Sidewalks, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,000
Upper Level Sq. Ft. :520
Total Sq. Ft. :1,520

Loan Price
$1,304
Price And Interest $1,069/month
Property Tax $150/month
MTG INS $0/month
HOME INS $85/month
Price
$205,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$150/month
Home Owner Insurance
$1,020 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bonus Room 9x11 Main
Sun Room 19x13 Main
Bedroom 2 12x10 Upper
Bedroom 3 9x9 Upper
Family Room 20x13 Main
Kitchen 12x09 Main
Great Room 20x14 Main
Primary Bedroom 14x10 Upper
Laundry 9x6 Main

Semi-Annual Property Tax:$897
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4906 - Marion - Franklin
City:Indianapolis
Subdivision: Arlington Acres
Zip Code:46237

High School:Franklin Central High School
Middle School:Franklin Central Junior High
Elementary School:Arlington Elementary School

Total Sq. Ft.:1,520
Interior Features:Breakfast Bar, Eat-in Kitchen, Wood Work Painted
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Microwave, Electric Oven, Refrigerator
Equipment:Not Applicable
Exterior Features:Barn Mini
Exterior Type:Vinyl Siding
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air, Electric
Water Heater:Dishwasher, Microwave, Electric Oven, Refrigerator
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Rosie Berzenye with T&H Realty Services, Inc. from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/01/2024 12:00 AM. 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.





Indianapolis Market Report

144
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1596 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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