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516 Payton Avenue, Indianapolis, IN 46219

Chapman Estates · Marion County

Key Facts

4Beds
2Baths
1,476Sq Ft
1956Year Built
0.36Lot (acres)
1Garage

Description

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!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch

Year Built

1956

Living Area

1,476 sq ft

Lot Size

0.36 acres

Garage Spaces

1

Days on Market

150

MLS® Listing#

22079641

Property Features

Interior

Smart ThermostatWalk-In Closet(s)

Appliances

DishwasherDisposalGas Water HeaterElectric OvenRefrigerator

Cooling

Central Air

Heating

Forced AirNatural Gas

Parking

AttachedCarport

Laundry

Laundry Closet

Patio

Deck

Fencing

Chain LinkFull

Construction

Vinyl SidingStone

Foundation

Block

Water Source

Private

Financial Details

HOA

None

Parcel Number

491001123008000700

Directions

GPS Friendly

Affordability Calculator

$49,000

Estimated monthly payment

$1,304/mo

Principal $196,000 · Est. interest $273,437 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Indianapolis, IN

$277,883
Median Listing Price
54
Median Days on Market
1,632
Median Sq Ft
$159
Median Price / Sq Ft
3,270
Active Listings
  • This home’s price is 12% below the area median.
  • Its price per sq ft is 4% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.

Location

Map showing the location of 516 Payton Avenue, Indianapolis, IN 46219

Getting Around

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Points of Interest in Indianapolis, IN

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Nearby Schools

  • Holy Spirit School

    Secondary · 0.4 mi away

  • Indiana School of Phlebotomy

    Secondary · 0.8 mi away

  • Moorhead Elementary School

    Elementary · 0.9 mi away

  • Pleasant Run Elementary School

    Elementary · 1.1 mi away

  • Irvington Community School

    School · 1.1 mi away

  • Trinity Lutheran School

    Secondary · 1.3 mi away

  • Hawthorne Elementary School

    Elementary · 1.3 mi away

  • Finding Me Now

    School · 1.6 mi away

  • Skyrise School on East 21st Street

    School · 1.9 mi away

  • Mathematics Pentathlon

    School · 1.9 mi away

  • The Excel Center

    School · 1.9 mi away

  • Anna Brochhausen School 88

    Elementary · 2.0 mi away

  • Irvington Preparatory Academy

    School · 2.0 mi away

  • Warren Central High School

    Secondary · 2.1 mi away

  • Warren Central Fieldhouse

    School · 2.1 mi away

  • George Buck Elementary School

    Elementary · 2.2 mi away

  • George W. Julian School 57

    Elementary · 2.3 mi away

  • Lakeside Elementary School

    Elementary · 2.3 mi away

  • Walker Career Center

    Secondary · 2.3 mi away

  • Renaissance School

    School · 2.6 mi away

Commute Calculator

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Nearby Homes

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Moving Cost Estimate

EXIT Agents in Indianapolis

Listing Courtesy: Mark Dietel Realty, LLC - evan.cast@markdietel.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. 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.

Last Updated: 2026-01-16

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Data provided by MIBOR. MLS® Listing#22079641. © 2026EXIT Realty®. All rights reserved.