OFF MARKET

Off Market Aug 2023 for $220K

$226,143

•

1,440

sq ft

4123 Gambel Rd, Indianapolis, IN 46221

About this home

Super cute updated 3 bedroom Brick Ranch home on large corner lot***Home has been freshly painted**Updated Kitchen with Walnut cabinets includes all appliances and a pass through to the family room***The bathroom has been remodeled with new shower, sink, and fixtures***Ceiling fans throughout the home***New gutters**Outside you'll find a private rear yard with 2 decks, professional landscaping*** There are 2 driveways which is great for a boat or RV**Oversized detached garage is 576 sq ft***Outside well and pump is convenient for watering or washing a car**No HOA

Single-familyProperty Type

1958Year Built

0.37 acresLot Size

$157Est. Price/Sq.Ft.

2 car garageParking

Listed by Michelle Butts • RE/MAX At The Crossing

Contact: michellerbutts@gmail.com

Bought with Laura Haltom • eXp Realty LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21926057

Redfin Estimate

$226,143

$6,143 since sold in August 2023$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.7% higher than the average sale price ($191K) of 6 comparable homes.

SOLD SEP 18, 2026
$182,000
A
3 beds1 bath1,456 sq ft
4231 Standish Dr, Indianapolis, IN 46221
SOLD SEP 2, 2026
$150,000
B
3 beds2 baths1,400 sq ft
3360 Davis Dr, Indianapolis, IN 46221
SOLD MAY 5, 2026
$205,000
C
3 beds1 bath1,200 sq ft
5412 Margate Rd, Indianapolis, IN 46221
SOLD AUG 5, 2026
$191,000
D
3 beds1.5 baths1,872 sq ft
4001 Alden Ave, Indianapolis, IN 46221
SOLD MAR 31, 2026
$200,000
E
3 beds1.5 baths1,488 sq ft
4141 Moline Dr, Indianapolis, IN 46221
SOLD JUL 27, 2026
$215,000
F
3 beds2 baths1,248 sq ft
4221 Solun Rd, Indianapolis, IN 46221

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Earn from this home

Sell

$45,078

Est. take-home

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Rent

$1,567/mo

Redfin rental estimate

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Market trends in 46221, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.6%

+0.1% MoM

Median sale price

$232K

$12K MoM

Avg. days on market

21d

4 days MoM

Recently sold homes

113

4 MoM

New listings for sale

$205,000
2 beds1 bath928 sq ft
4125 S Gerrard Dr, Indianapolis, IN 46221
SHORT SALE
$130,000
3 beds1 bath936 sq ft
4051 Standish Dr, Indianapolis, IN 46221
$325,000
3 beds2 baths1,504 sq ft
5706 W Southport Rd, Indianapolis, IN 46221
$240,000
3 beds1.5 baths2,574 sq ft
4040 Susy, Indianapolis, IN 46221
OPEN SAT, 12PM TO 2PM
$225,000
3 beds2 baths1,187 sq ft
5135 Milhouse Rd, Indianapolis, IN 46221
3D WALKTHROUGH
$264,000
3 beds2.5 baths2,212 sq ft
6639 Furnas Rd, Indianapolis, IN 46221
$199,000
3 beds1.5 baths1,134 sq ft
5508 Winship Ct, Indianapolis, IN 46221
$170,000
3 beds2 baths1,201 sq ft
6613 Nodlehs Dr, Indianapolis, IN 46221
$185,000
3 beds2.5 baths1,512 sq ft
1522 S Reisner St, Indianapolis, IN 46221
$250,000
3 beds2 baths1,251 sq ft
4231 Solun Rd, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 4123 Gambel Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21926057

Aug 10, 2023

Sold

$220,000

$153/sq ft

Jul 17, 2023

Pending

—

Jul 7, 2023

Price Changed

$222,900

$155/sq ft

Jun 28, 2023

Relisted

—

Jun 24, 2023

Pending

—

Jun 9, 2023

Listed

$229,900

$160/sq ft

MIBOR as Distributed by MLS Grid #21665296

Oct 15, 2019

Sold

$123,500

$86/sq ft

Sep 17, 2019

Pending

—

Sep 11, 2019

Relisted

—

Sep 5, 2019

Pending

—

Aug 30, 2019

Listed

$129,000

$90/sq ft

+20

Friendly dog is not included with this 3 bedroom, all brick ranch in a quiet neighborhood on a corner lot. The home has 2 driveways making it ideal for a boat or recreational vehicle with no HOA. One drive is sideloading. Architectural shingled roof is 7 years old with a 5 yr old HVAC system. The backyard is a very private, great escape with 2 decks, professional landscaping and fenced backyard with privacy and chain link fence. Many updates include: Walnut kitchen cabinets, Poplar wood trim, newer windows, tile floors & much more. Outside well and pump allows for outside watering and car washing. Ceilings fans thr out home. Close to interstates and 10 minutes to downtown Indy with a country feel! Hurry!

MIBOR as Distributed by MLS Grid #21292873

Apr 22, 2015

Listing Removed

—

Nov 21, 2014

Listing Removed

—

May 20, 2014

Listed

$96,500

$67/sq ft

MIBOR as Distributed by MLS Grid #21248384

May 18, 2014

Listing Removed

—

Aug 5, 2013

Listed

$97,000

$67/sq ft

MIBOR as Distributed by MLS Grid #21210021

Aug 1, 2013

Listing Removed

—

Jan 2, 2013

Listed

$100,000

$69/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,316 (−9.5%)

$14,300 + $197,100

$211,400

2024

$2,558 (+22.1%)

$14,300 + $198,800

$213,100

2023

$2,095 (+5.1%)

$14,300 + $198,800

$213,100

2022

$1,994 (+16.1%)

$12,900 + $154,900

$167,800

2021

$1,717 (+22.1%)

$12,900 + $119,200

$132,100

2020

$1,406 (+29.7%)

$12,900 + $119,200

$132,100

2019

$1,084 (−2.0%)

$12,900 + $108,700

$121,600

2018

$1,107 (+7.0%)

$12,900 + $69,600

$82,500

2017

$1,035 (+4.1%)

$12,900 + $65,700

$78,600

2016

$994 (+14.6%)

$12,900 + $65,700

$78,600

2015

$867 (+2.5%)

$12,900 + $63,300

$76,200

2014

$846 (+3.7%)

$12,900 + $58,500

$71,400

2013

$816

$12,900 + $57,300

$70,200

Tax history for 4123 Gambel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,316 (−9.5%)

$14,300 + $197,100

$211,400

2024

$2,558 (+22.1%)

$14,300 + $198,800

$213,100

2023

$2,095 (+5.1%)

$14,300 + $198,800

$213,100

2022

$1,994 (+16.1%)

$12,900 + $154,900

$167,800

2021

$1,717 (+22.1%)

$12,900 + $119,200

$132,100

2020

$1,406 (+29.7%)

$12,900 + $119,200

$132,100

2019

$1,084 (−2.0%)

$12,900 + $108,700

$121,600

2018

$1,107 (+7.0%)

$12,900 + $69,600

$82,500

2017

$1,035 (+4.1%)

$12,900 + $65,700

$78,600

2016

$994 (+14.6%)

$12,900 + $65,700

$78,600

2015

$867 (+2.5%)

$12,900 + $63,300

$76,200

2014

$846 (+3.7%)

$12,900 + $58,500

$71,400

2013

$816

$12,900 + $57,300

$70,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

120 ft.

Lot depth

135 ft.

Lot size

0.37 Acres

Year renovated

1998

Sq. Ft.

1,440

Year built

1958

Style

Single Family Residential

County

Marion County

APN

491132105017000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling District Four

The D-4 District is intended for low or medium intensity single-family and two-family residential development. Land in this District needs good thoroughfare access, relatively flat topography, and nearby community and neighborhood services and facilities with pedestrian linkages. Provisions for recreational facilities serving the neighborhood within walking distance are vitally important. Trees fulfill an important cooling and drainage role for the individual lots in this District. The D-4 District has a typical density of 4.2 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.

Zone overlays

Airspace Secondary Zoning District
Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Garage SqFt: 576
Garage Parking Other: Finished Garage,Garage Door Opener
Parking Features: Detached, Asphalt, Garage Door Opener, Guest Parking, Storage
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1440
Living Area: 1440
Main Level Sq. Ft.: 1440
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 1
Full Bathrooms MU: 1

Room 1 Information
Room Features: Carpet
Room Dimensions: 12x12
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 11x11
Room Level: Main

Room 3 Information
Room Type: Bedroom 3
Room Features: Laminate Hardwood
Room Dimensions: 11x10
Room Level: Main

Room 4 Information
Room Type: Kitchen
Room Dimensions: 16x12
Room Level: Main

Room 5 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 20x15
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 16x14
Room Level: Main

Room 7 Information
Room Dimensions: 5x5
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6

Laundry Room Information
Laundry Features: Main Level

Heating & Cooling
Heating Information: Electric, Forced Air
Cooling Information: Central Electric, Wall Unit(s)

Interior Features
Interior Features: Attic Access, Eat-in Kitchen, Screens Complete, Storms Complete, Window Bay Bow, Windows Vinyl
Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Water Purifier
Areas Interior: Laundry in Unit,Living Room Formal,Utility Room

Exterior

Building Information
Percent Optional Level Finished: 0-25%

Exterior Features
Patio And Porch Features: Deck Main Level, Porch Open
Exterior Features: Barn Mini, Gas Grill

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Property Condition: Updated/Remodeled
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.37
Lot Features: City Lot, Fence Full, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Electric: 200+ Amp Service
Utilities: Electricity Connected, Water Connected
Solid Waste Information: Yes
Fuel Information: No Fuel Source

Location

School Information
Elementary School: Stephen Decatur Elementary School
Middle Or Junior High School: Decatur Middle School
High School: Decatur Central High School
High School District: MSD Decatur Township

Location Information
Directions: From I-465 Southbound, go North on Kentucky Ave to Mann Rd**Right on Mannto Superior Rd, Left on Superior to Right on Foltz**South to Gambel Rd
Tax Legal Description: HI-ACRE MANOR 2ND SEC L106

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,440
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1998
County: Marion County
APN: 491132105017000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: michellerbutts@gmail.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Slab
Construction Materials: Brick
Levels: One

Around this home

Schools

Stephen Decatur Elementary School

Public K-6 • Assigned • 1.1mi

4/10

Decatur Middle School

Public 7-8 • Assigned • 2.4mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 2.4mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46221

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$215,000 – $261,000

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Nearby similar homes

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New listings for sale in 46221

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OPEN SAT, 12PM TO 2PM

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3D WALKTHROUGH

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Home values near 4123 Gambel Rd

Data from public records.

Address	Redfin Estimate
4033 Gambel Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2304 Sq. Ft.	$207,179
4126 Gambel Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1053 Sq. Ft.	$201,058

Address	Redfin Estimate
4043 Gambel Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2288 Sq. Ft.	$217,023
4103 Gambel Road, Indianapolis, IN 3 Beds \| - Baths \| 1622 Sq. Ft.	$217,791

Address	Redfin Estimate
4032 Gambel Road, Indianapolis, IN 3 Beds \| 2 Baths \| 3324 Sq. Ft.	$275,046
4113 Gambel Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1506 Sq. Ft.	$212,355

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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