5341 Armstrong Dr, Indianapolis, IN 46237
OFF MARKET

5341 Armstrong Dr
Indianapolis, IN 46237

South Emerson
  • 4 Beds
  • 2 Baths
  • 2,548 sqft (on 0.30 acres)

$298,900

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $1,833/mo*
Refinance Your Home

$298,900

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $1,833/mo*
Refinance Your Home
4 Beds
2 Baths
2,548 sqft
(on 0.30 acres)

Local Information

  • Map ViewExplore the area around 5341 Armstrong Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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!
5341 Armstrong Dr, Indianapolis, IN 46237 is a 4 bedroom, 2 bathroom, 2,548 sqft single-family home in South Emerson, built in 1974. It last sold for the $295,000 asking price on Jun 16, 2025. It is currently off market. The Trulia Estimate is $298,900, with a rent estimate of $1,936/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Patio
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5341 Armstrong Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Daylight,Partial,Partially FinishedNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Great Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2548 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, RefrigeratorDishwasherDisposalLaundry: In BasementRefrigerator
Heating & Cooling
Heating: Forced Air,Heat Pump,ElectricHas HeatingHeating Fuel: Forced Air
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Screens, Windows Thermal
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: Patio, ScreenedOther Structures: Barn MiniExterior: Fire PitFoundation: Block, Brick/Mortar
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 218 Square Feet

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Brick, Vinyl With BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491503136004000300

Price & Status

Price
List Price: $295,000
Status Change & Dates
Off Market Date: Sat May 17 2025Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Arlington Acres
School Information
Elementary School: Arlington Elementary SchoolJr High / Middle School: Franklin Central Junior HighHigh School: Franklin Central High SchoolHigh School District: Franklin Township Com Sch Corp

Building

Building Area
Building Area: 2548 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.30 acres

Miscellaneous

BasementMls Number: 22035288Attic: Access Only
Last check for updates: about 17 hours ago
Listed by Jeannie Grant, (317) 318-4036
Highgarden Real Estate
Bought with: Zack McKeown, American Dream Team Real Estate
Source: MIBOR as distributed by MLS GRID, MLS#22035288

Price History for 5341 Armstrong Dr

DatePriceEventSource
06/16/2025$295,500Sold
MIBOR as distributed by MLS GRID #22035288
05/17/2025$295,000PendingMIBOR as distributed by MLS GRID #22035288
05/14/2025$295,000Listed For SaleMIBOR as distributed by MLS GRID #22035288
09/24/2018$171,000Sold
MIBOR as distributed by MLS GRID #21589288
08/25/2018$165,000PendingAgent Provided
08/23/2018$165,000Listed For SaleAgent Provided

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
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Property Tax and Assessment

Year2025
Tax$2,981
Assessment$306,900
Home facts updated by county records

Comparable Sales for 5341 Armstrong Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5425 Armstrong Dr, Indianapolis, IN
0.10
Single-Family Home
$252,000
08/20/25
4
2
1,652
5522 Sleet Dr, Indianapolis, IN
0.13
Single-Family Home
$250,000
01/21/26
3
1
2,228
5533 Antoneli Ln, Indianapolis, IN
0.29
Single-Family Home
$225,000
12/16/25
4
1.5
1,606
5515 Lunsford Dr, Indianapolis, IN
0.10
Single-Family Home
$265,000
08/22/25
4
2.5
1,958
5538 Pappas Dr, Indianapolis, IN
0.23
Single-Family Home
$274,000
07/06/26
4
2.5
1,848
5514 Meckes Ln, Indianapolis, IN
0.14
Single-Family Home
$235,000
10/10/25
3
1.5
1,564
4921 Candy Spots Dr, Indianapolis, IN
0.47
Single-Family Home
$254,900
04/22/26
4
2
1,836
5118 Gringo Dr, Indianapolis, IN
0.24
Single-Family Home
$223,000
04/14/26
4
2
1,506
5551 Personality Ct, Indianapolis, IN
0.63
Single-Family Home
$299,999
06/09/26
4
2
2,429
5505 Chisolm Trl, Indianapolis, IN
0.26
Single-Family Home
$201,500
01/28/26
4
1.5
1,368

Nearby homes

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Assigned Schools

These are the assigned schools for 5341 Armstrong Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

South Emerson
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Emerson

At least 85 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say kids play outside

  • 82 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 62 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 44 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 35 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there is great yard space to run and play and also tons of parks to take them for walks. "
    0
    Flag
  • Trulia User
    "Not a lot of strays. Lots of friendly dogs. Low speed limits. Most of the houses have big yards. Lots of neighborhoods to walk. "
    0
    Flag
  • Trulia User
    "I’ve lived in this beautiful neighborhood for 25 years, raised our sons here. Neighbors are friendly & keep an eye out for one another. Rarely do these homes go up for sale, so there isn’t much turnover. "
    6
    Flag
  • Lalcautergomez
    "Dogs are welcome, most of the neighborhood has dogs and people walks them all the time, and most if not all pick after them "
    1
    Flag
  • Hermelindo P.
    "There is safe to live in here and people are very friendly, so far is nice and calm, no problems with the neighborhood "
    3
    Flag
  • A
    "Some crime; petty theft/ break ins... weird people knock on your door sometimes. BUT management is really nice and the maintenance team is quick and efficient. "
    4
    Flag
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
    37
    Flag
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
    2
    Flag
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
    2
    Flag
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
    1
    Flag
  • Meddie D.
    "My neighborhood needs greater access to public transportation and better lighting for the streets. The traffic lights would do better with better synchronization."
    3
    Flag
  • Jahadley317
    "This is a great, quiet little area with good schools and easy access to downtown. It is a great place to start a family. Franklin township schools are the best in the city."
    1
    Flag
  • Donna S.
    "I am in a CDI Home Retirement Community. There are very good places to walk without having to get on busy roads. Convenient shopping and eating areas near Southport and also Beech Grove."
    2
    Flag

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Homes for sale near 5341 Armstrong Dr

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Off Market Homes Near 5341 Armstrong Dr

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Based on information submitted to the MLS GRID as of 2026-07-09 09:28:02 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