
Sheldon Barnes
For Sale — 516 Payton Avenue, Indianapolis, IN 46219516 Payton Avenue
Indianapolis, Indiana 46219
Chapman Estates
$245,000
Schedule a Showing4
Beds
2
Baths
1,476
Sq Ft
1956
Year Built
0.36
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 516 Payton Avenue in Chapman Estates, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Welcome home to this renovated 4-bedroom, 2-bath ranch home in the established Chapman Estates of Warren Township. Situated on a spacious 0.36-acre lot with mature trees, this home offers the perfect blend of comfort, functionality, and outdoor space with NO HOA. Inside, you'll find 1,476 square feet of thoughtfully designed living space with updates throughout. The revamped kitchen features modern finishes including quartz countertops and stainless-steel appliances. The floorplan flows seamlessly between the kitchen, dining, and living areas, creating an ideal layout for everyday living and entertaining. New laminated hardwood floors run throughout the main living areas and bedrooms, adding warmth and durability. The split-bedroom floor plan provides privacy, with a generously sized primary suite featuring a walk-in closet and private bath with a full shower. Three additional bedrooms offer flexibility for guests, a home office, or a growing family. Outside, enjoy a fully fenced backyard, perfect for pets, play, or gatherings, along with a storage shed for added convenience. An attached garage and carport provide ample parking and storage options. Conveniently located near shopping, dining, schools, and major commuter routes; this home offers space, updates, and value in a well-established neighborhood. Possession available at closing. Don't miss your opportunity to own this move-in-ready ranch and schedule your showing today!
Key things to know
- Renovated kitchen with quartz countertops and stainless-steel appliances
- Hardwood floors throughout main living areas and bedrooms
- Split-bedroom floor plan with primary suite walk-in closet
- Fully fenced backyard with mature trees
- No hoa, attached garage plus carport
Monthly payment
Estimate · $245,000
$1,374/mo
≈ $1,304 principal & interest · $70 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $49,000 on a loan of $196,000.
Price history
- Listedat $245,000
Jan 16, 2026
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Comparative value
5 comps in this range
This home is 7.9% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$245,000Listed· Jan 16, 2026
81 days on market
Layout
Primary suite
Bedroom Split,Closet Walk in
Primary bath
Shower Stall Full,Suite
Schools
MSD Warren Township
Neighborhood
- Downtown Indianapolis6.7 mi
- IU Health North Hospital12.9 mi
- Fishers High School13.1 mi
- Conner Prairie13.3 mi
- Monon Trail (Carmel)13.3 mi
- Carmel High School13.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,476 sq ft
Year Built
1956
Stories
One
Subdivision
Chapman Estates
Bedrooms
4
Bathrooms
2 full
Garage
1 spaces
School District
MSD Warren Township
