SOLD NOV 3, 2025

Off Market Nov 2025 for $150K

$157,456

Est. refi paymentEst. refi $685/mo

•

1,104

sq ft

4832 Gambel Rd, Indianapolis, IN 46221

About this home

A great find! This 3 bedroom, 1 bath home offers 1,104 sq ft of living space on a sizeable, fenced lot with an attached 2 car garage. Located close to Decatur schools, shopping, and commute routes. Recent mechanical updates include a new HVAC system and water heater installed in 2023. A great opportunity to add value and make your own with a little sweat equity. The home could benefit from some cosmetic updates but has solid structure and strong potential. Ideal for first-time buyers ready to put in a little work or investors looking for their next project.

Single-familyProperty Type

1969Year Built

9,453 sq ftLot Size

$143Est. Price/Sq.Ft.

2 car garageParking

Listed by Jaylen Sprague • Carpenter, REALTORS®

Bought with Dena Baker • Dena's Place Real Estate Servi

Redfin checked: 4 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22064707

Redfin Estimate

$157,456

$7,456 since sold in November 2025$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.1% lower than the average sale price ($202K) of 6 comparable homes.

SOLD JUL 27, 2026
$179,900
A
3 beds1 bath912 sq ft
5012 Gambel Rd, Indianapolis, IN 46221
SOLD JUN 23, 2026
$215,000
B
3 beds1.5 baths1,278 sq ft
5425 Gambel Rd, Indianapolis, IN 46221
SOLD JUL 1, 2026
$205,000
C
3 beds1 bath1,200 sq ft
4522 Yuma Dr, Indianapolis, IN 46241
SOLD JUN 30, 2026
$240,000
D
3 beds2.5 baths1,278 sq ft
4948 Norcroft Dr, Indianapolis, IN 46221
SOLD AUG 10, 2026
$168,000
E
3 beds1 bath1,080 sq ft
3132 S Lyons, Indianapolis, IN 46241
SOLD MAY 5, 2026
$205,000
F
3 beds1 bath1,200 sq ft
5412 Margate Rd, Indianapolis, IN 46221

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,427/mo

Redfin rental estimate

List your home for rent

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

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$99,900
4 beds2 baths2,280 sq ft
1134 Blaine Ave, Indianapolis, IN 46221
$170,000
1 bed2 baths1,200 sq ft
1221 Lee St, Indianapolis, IN 46221
$199,000
3 beds1 bath1,414 sq ft
3333 S Mooresville Rd, Indianapolis, IN 46221
$599,900
3 beds2 baths1,856 sq ft
5336 W Epler Rd, Indianapolis, IN 46221
$89,900
2 beds1 bath966 sq ft
2229 Martha St, Indianapolis, IN 46221
3D WALKTHROUGH
$269,900
3 beds2 baths1,338 sq ft
6336 Emerald Springs Dr, Indianapolis, IN 46221
$95,000
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See all

Provided by Redfin

Sale history for 4832 Gambel Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #22064707

Nov 3, 2025

Sold

$150,000

$136/sq ft

Oct 6, 2025

Pending

—

Oct 2, 2025

Price Changed

$169,500

$154/sq ft

Sep 23, 2025

Listed

$170,000

$154/sq ft

MIBOR as Distributed by MLS Grid #21429836

Aug 23, 2016

Sold

$82,900

$75/sq ft

Jul 18, 2016

Pending

—

Jul 14, 2016

Listed

$82,500

$75/sq ft

MIBOR as Distributed by MLS Grid #2818784

Jul 31, 2008

Listing Removed

—

Mar 31, 2008

Listed

$87,500

$79/sq ft

MIBOR as Distributed by MLS Grid #2300329

Jan 3, 2003

Listed

$83,900

$76/sq ft

Public Records

Jun 4, 2002

Sold

$106,267

$96/sq ft

MIBOR as Distributed by MLS Grid #2215470

Apr 4, 2002

Listed

$79,900

$72/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,211 (−16.3%)

$11,300 + $107,100

$118,400

2024

$1,447 (+26.3%)

$11,300 + $111,600

$122,900

2023

$1,146 (+9.8%)

$11,300 + $111,600

$122,900

2022

$1,043 (+3.8%)

$11,300 + $94,600

$105,900

2021

$1,005 (+20.7%)

$11,300 + $78,500

$89,800

2020

$833 (−1.7%)

$11,300 + $78,500

$89,800

2019

$847 (+0.2%)

$11,300 + $78,500

$89,800

2018

$846 (+3.0%)

$11,300 + $72,300

$83,600

2017

$821 (+17.6%)

$11,300 + $69,900

$81,200

2016

$698 (−58.4%)

$11,300 + $69,900

$81,200

2015

$1,676 (−4.7%)

$11,300 + $64,500

$75,800

2014

$1,759 (+13.3%)

$11,300 + $62,500

$73,800

2013

$1,552

$11,300 + $65,900

$77,200

Tax history for 4832 Gambel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,211 (−16.3%)

$11,300 + $107,100

$118,400

2024

$1,447 (+26.3%)

$11,300 + $111,600

$122,900

2023

$1,146 (+9.8%)

$11,300 + $111,600

$122,900

2022

$1,043 (+3.8%)

$11,300 + $94,600

$105,900

2021

$1,005 (+20.7%)

$11,300 + $78,500

$89,800

2020

$833 (−1.7%)

$11,300 + $78,500

$89,800

2019

$847 (+0.2%)

$11,300 + $78,500

$89,800

2018

$846 (+3.0%)

$11,300 + $72,300

$83,600

2017

$821 (+17.6%)

$11,300 + $69,900

$81,200

2016

$698 (−58.4%)

$11,300 + $69,900

$81,200

2015

$1,676 (−4.7%)

$11,300 + $64,500

$75,800

2014

$1,759 (+13.3%)

$11,300 + $62,500

$73,800

2013

$1,552

$11,300 + $65,900

$77,200

*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

70 ft.

Lot depth

135 ft.

Lot size

9,148 Sq. Ft.

Year renovated

1989

Sq. Ft.

1,104

Year built

1969

Style

Single Family Residential

County

Marion County

APN

491131103008000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

AIRSPACE SECONDARY ZONING DISTRICT

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

Metro Context Area
Airspace Secondary Zoning District

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

Aug 6, 2023 • Final

Heating & cooling - 1-2 family

Remove and replace the heating and air conditioning system.

HVAC

Aug 22, 2016 • Final

Sewer connection

Repair the sewer lateral line for a residential property.

Plumbing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Features: Attached, Gravel, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1104
Living Area: 1104
Main Level Sq. Ft.: 1104
Upper Level Sq. Ft.: 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 Type: Living Room
Room Dimensions: 15x13
Room Level: Main

Room 2 Information
Room Dimensions: 10x13
Room Level: Main

Room 3 Information
Room Type: Bedroom 2
Room Dimensions: 10x11
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Dimensions: 10x13
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Dimensions: 12x12
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Interior Features: Hardwood Floors, Eat-in Kitchen
Appliances: Dishwasher, Gas Oven, Refrigerator, Water Heater

Exterior

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.22

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: No

Location

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

Location Information
Directions: GPS Friendly
Tax Legal Description: Mayflower Park Replat (Part One) L115

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,104
Stories: 1.0
Lot Size: 9,148 square feet
Style: Single Family Residential
Year Built: 1969
Year Renovated: 1989
County: Marion County
APN: 491131103008000200

Home facts updated by county records on Jul 29, 2026

Other

Home Information
Foundation Details: Crawl Space
Construction Materials: Vinyl Siding
Levels: One

Around this home

Schools

Blue Academy

Public K-6 • Assigned • 1.0mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.8mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.8mi

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

4/10 Heat Factor

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

2/10 Wind Factor

0% 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

$150,000 – $182,000

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

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New listings for sale in 46221

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3333 S Mooresville Rd, Indianapolis, IN 46221

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5336 W Epler Rd, Indianapolis, IN 46221

$89,900

2 beds1 bath966 sq ft

2229 Martha St, Indianapolis, IN 46221

3D WALKTHROUGH

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3 beds2 baths1,338 sq ft

6336 Emerald Springs Dr, Indianapolis, IN 46221

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Home values near 4832 Gambel Rd

Data from public records.

Address	Redfin Estimate
4917 Gambel Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1807 Sq. Ft.	$207,490
4809 Gambel Rd, Indianapolis, IN 3 Beds \| - Baths \| 1044 Sq. Ft.	$156,224

Address	Redfin Estimate
4603 Gambel Ct, Indianapolis, IN 3 Beds \| 2 Baths \| 1150 Sq. Ft.	$223,500
4539 Gambel Ct, Indianapolis, IN 3 Beds \| 1 Baths \| 1248 Sq. Ft.	$223,176

Address	Redfin Estimate
4604 Gambel Ct, Indianapolis, IN 3 Beds \| - Baths \| 1344 Sq. Ft.	$161,334
4910 Gambel Rd, Indianapolis, IN 3 Beds \| - Baths \| 1222 Sq. Ft.	$196,018

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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