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Back 516 Payton Ave
Off Market

516 Payton Ave

Indianapolis IN 46219

4
2
1
1476 sq. ft.
15594 sq. ft.
Single-Family
Last sold for $230,000
Evan CastEvan Cast, last sold this property on 31 August 2026 after 226 days on market.

Overview

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!

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
1476 sq. ft. floor area
15594 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 516 Payton Ave is $255k.

Median value
$255k
Estimated value range
$122.5k - $485k
Median days on market
19
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 516 Payton Ave

2026
Sold
$230,000
31 Aug 2026 by Evan Cast, of Dietel Richardson Realty LLC
2024
Sold
$230,000
11 Mar 2024 by Beau Matlock, of Matlock Realty Group
2019
Rented
Undisclosed
24 Sep 2019 by Keller Williams Indpls Metro N

Happy sellers in Indianapolis

90%
90% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Indianapolis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Indianapolis

In the last 12 months, 70 four-bedroom single-family properties similar to 516 Payton Ave, have been sold.

This represents a 15% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

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Erik Wentz

Erik Wentz is a recommended agent for Indianapolis.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (33 reviews)
  •  3 Reviews in Indianapolis
  •  2 Sales in Indianapolis
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Barbara Whiteside

Barbara Whiteside is a recommended agent for Indianapolis.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (84 reviews)
  •  3 Reviews in Indianapolis
  •  2 Sales in Indianapolis
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Summer Hudson

Sellers who recommend Summer Hudson have praised them for being local expert, clear communication, responsive, supportive, honest, patient, and great negotiation

  •   5   (236 reviews)
  •  2 Reviews in Indianapolis
  •  3 Sales in Indianapolis
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Nathan Pfahler

Nathan Pfahler is an award winning recommended agent for Indianapolis.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (43 reviews)
  •  1 Review in Indianapolis
  •  3 Sales in Indianapolis
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