Sheldon Barnes
For Sale — 5508 Armstrong Drive, Indianapolis, IN 462375508 Armstrong Drive
Indianapolis, Indiana 46237
Arlington Acres
3
Beds
1
Baths
1,282
Sq Ft
1973
Year Built
0.23
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 5508 Armstrong Drive
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 5508 Armstrong Drive in Arlington Acres, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
This 3-bedroom, 1.5-bathroom home offers a perfect blend of modern updates and practical functionality. The heart of the home features a stylish kitchen elevated by premium granite countertops, providing a durable and high-end surface for meal prep and entertaining. For those needing ample storage or parking, the property includes a spacious attached 2-car garage. With a thoughtful layout that maximizes every square foot, this home is ideal for anyone seeking a manageable yet sophisticated living space with the added benefit of a large garage and quality interior finishes.
Key things to know
- Granite countertops in kitchen
- 2-car attached garage
- Walk-in closet
- Central air conditioning
- 1.5 bathrooms
Browse by room
10 rooms · 20 photos
Monthly payment
Estimate · $209,900
$1,432/mo
≈ $1,117 principal & interest · $315 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $41,980 on a loan of $167,920.
Price history
- Price reduced$214,900 → $209,900
Mar 12, 2026
- Listedat $214,900
Feb 16, 2026
Arlington Acres · activity
past 6 months
- Sold
- 15
- Median price
- $195,000
- Median DOM
- 69 days
Recent comparable sales
$245,000
4555 Blackstone Drive
3bd · 1ba · 1,084 sqft
Sold May 2026
$168,600
5003 Amber Creek Place
2bd · 2ba · 1,095 sqft
Sold May 2026
$157,900
6519 Jade Stream Court
2bd · 2ba · 1,124 sqft
Sold May 2026
$225,000
5235 Rowan Court
3bd · 2ba · 1,158 sqft
Sold May 2026
$184,900
5334 Straw Hat Court
3bd · 2ba · 960 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 14% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$214,900Listed· Feb 16, 2026
$209,900Reduced
↓ $5,000 (2.3% off original)
25 days on market
Layout
Schools
Franklin Township Com Sch Corp
Middle
Franklin Central Junior High
Neighborhood
- Downtown Indianapolis7.2 mi
- Monon Trail (Carmel)18.9 mi
- IU Health North Hospital18.9 mi
- Fishers High School19.5 mi
- Carmel High School19.5 mi
- Conner Prairie19.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,282 sq ft
Year Built
1973
Stories
One
Subdivision
Arlington Acres
Bedrooms
3
Bathrooms
1 full
Garage
2 spaces
School District
Franklin Township Com Sch Corp