OFF MARKET
Google street view image for 4941 Gambel Rd, Indianapolis, IN 46221
Off market
$152,217
3
bd
•
— ba
•
912
sq ft

4941 Gambel Rd, Indianapolis, IN 46221

map-entry

About this home

4941 Gambel Rd is a 912 square foot house on a 9,148 square foot lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $152,217.
Single-familyProperty Type
1970Year Built
9,148 sq ftLot Size
$167Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$152,217
$2,000 since October

This home's estimate is 22.6% lower than the average sale price ($197K) of 6 comparable homes.

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Market trends in 46221, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price
97.8%

+0.1% MoM

Median sale price
$224K

$7K MoM

Avg. days on market
22d

1 days MoM

Recently sold homes
103

8 MoM

New listings for sale

Provided by Redfin

Sale history for 4941 Gambel Rd

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 4941 Gambel Rd

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

Zoning and permits

D4

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

Property details

Around this home

Schools

Blue Academy

Public K-6 • Assigned • 1.0mi

5/10
Decatur Middle School

Public 7-8 • Assigned • 1.7mi

3/10
Decatur Central High School

Public 9-12 • Assigned • 1.7mi

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

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)
33
18
43
26
62
40
69
49
72
54
83
66
87
71
83
65
82
60
69
50
54
39
42
28
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
$145,000 – $176,000

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Nearby similar homes

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New listings for sale in 46221

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Walk-in closets • Finished garage • Second-floor laundry
3D WALKTHROUGH
$190,000
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3D WALKTHROUGH
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Fenced backyard • Broad patio • Raised planting beds

Home values near 4941 Gambel Rd

Data from public records.

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