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$245,000516 Payton Avenue
For Sale81 days on market

516 Payton Avenue

Indianapolis, Indiana 46219

Chapman Estates

4

Beds

2

Baths

1,476

Sq Ft

1956

Year Built

0.36

Acres

Sheldon Barnes, Carmel Realtor

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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!

Listed by Evan Cast· Mark Dietel Realty, LLC· MLS# 22079641

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

  1. Listedat $245,000

    Jan 16, 2026

Comparative value

5 comps in this range

This home is 7.9% above median for similar nearby sales.

$133K$235KMedian $227K
$245K

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

Attic Pull Down StairsSmart ThermostatWalk-In Closet(s)

Exterior

Storage Shed

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

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

Main
427 rooms1,476 sq ft

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

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