For sale

$235,000

Est. $1,670/mo —

•

1,278

sq ft

5136 Gambel Rd, Indianapolis, IN 46221

About this home

This charming two-story, 4-bedroom, 1.5-bathroom home in Decatur Township offers the perfect blend of modern updates, incredible value, and spacious outdoor space. Complete with an attached two-car garage plus an additional detached two-car metal garage, offering buyers with more garage capacity-perfect for car enthusiasts, a workshop, a small boat , or extra storage! Step inside to find a functional layout loaded with upgrades. The heart of the home features brand-new vinyl flooring in the kitchen (2026), fresh paint throughout, and newly updated faucets. A comprehensive 2019 renovation brought massive value, including new kitchen cabinets, updated electrical systems, updated furnace and AC unit for buyers peace of mind. Under the carpets upstairs you will find beautifully well kept hardwood floors giving buyers the option of throwing out the included carpets. The exterior is a true standout feature. Step out onto the back porch to enjoy a spacious, fully fenced backyard that offers a private oasis for children, pets, or outdoor entertaining. With minimal work needed, this property is truly move-in ready and offers an incredible opportunity for primary buyers or investors alike. * Terms: Being sold strictly As-Is. * Financing: Open to conventional Don't miss out on this Decatur Township gem-schedule your showing today!

Single-familyProperty Type

1971Year Built

0.28 acresLot Size

$184Price/Sq.Ft.

2 car garageParking

Listed by Amanda Norman • eXp Realty LLC

Listing updated: Aug 29, 2026 at 01:43pm

Redfin checked: 4 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22111774

Payment calculator

$1,670 per month

Principal and interest$1,235

Property taxes

$331

HOA dues

Home insurance

$104

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Today

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 4PM TO 6PM
$240,000
4 beds2 baths1,570 sq ft
305 Masten St, Plainfield, IN 46168
REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$205,000
2 beds1 bath1,572 sq ft
315 N Beville Ave, Indianapolis, IN 46201
OPEN SAT, 3PM TO 5PM
$349,900
4 beds2.5 baths2,821 sq ft
2818 Limber Pine Dr, Whiteland, IN 46184
OPEN SUN, 12PM TO 2PM
$265,000
3 beds2 baths1,198 sq ft
7131 Gillespie Ct, Indianapolis, IN 46214
OPEN SUN, 12PM TO 1PM
$425,000
4 beds2.5 baths2,394 sq ft
8626 Wrangler Ct, Indianapolis, IN 46217
OPEN SUN, 12PM TO 1:30PM
$320,000
3 beds1.5 baths2,358 sq ft
3938 N College Ave, Indianapolis, IN 46205
OPEN SUN, 1PM TO 3PM
$260,000
4 beds2 baths1,548 sq ft
933 Timber Creek Ln, Greenwood, IN 46142
OPEN SUN, 3PM TO 5PM3D WALKTHROUGH
$239,900
2 beds2 baths1,414 sq ft
1116 N Dequincy St, Indianapolis, IN 46201
REDFIN OPEN SEP 12, 12PM TO 2PM3D WALKTHROUGH
$229,000
4 beds1.5 baths2,342 sq ft
342 N Arsenal Ave, Indianapolis, IN 46201
OPEN SEP 12, 12PM TO 2PM
$449,999
4 beds2.5 baths4,628 sq ft
6648 Wilmot Ln, Avon, IN 46123

Around this home

Schools

K - 12
Preschool & daycare

Blue Academy

Public K-6 • Assigned • 1.0mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.6mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.6mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

5136 Gambel Rd · $235,000

Strong offer

$235K and above

75% chance or better to win

Why $235K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 26 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Attic access
Handicap accessible interior with a stair lift
Hardwood floors
Eat-in kitchen
Formal living room

Bedrooms
Four bedrooms on the upper level
Primary bedroom with walk-in closet

Bathrooms
One full bathroom (upper) with tub and shower
One half bathroom (main)

Kitchen
Electric cooktop
Electric oven
Microwave
Dishwasher disposal
Refrigerator
Eat-in kitchen layout

Laundry & utility
Laundry in unit on the main level
Electric water heater

Flooring
Hardwood floors

Heating & cooling
Natural gas heating
Central air conditioning

Sale and tax history for 5136 Gambel Rd

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22111774

Aug 28, 2026

Price Changed

$235,000

$184/sq ft

Aug 27, 2026

Price Changed

$240,000

$188/sq ft

Aug 27, 2026

Price Changed

$235,000

$184/sq ft

Aug 7, 2026

Price Changed

$240,000

$188/sq ft

Jul 23, 2026

Price Changed

$244,900

$192/sq ft

Jun 30, 2026

Listed

$249,900

$196/sq ft

MIBOR as Distributed by MLS Grid #21623270

Jul 19, 2019

Sold

$90,000

$70/sq ft

Jun 28, 2019

Pending

—

Feb 27, 2019

Listed

$104,400

$82/sq ft

MIBOR as Distributed by MLS Grid #2743263

Jul 2, 2007

Listed

$114,000

$89/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$3,970 (−1.8%)

$14,400 + $160,800

$175,200

2024

$4,044 (+7.9%)

$14,400 + $162,600

$177,000

2023

$3,749 (+9.2%)

$14,400 + $162,600

$177,000

2022

$3,431 (+25.2%)

$14,400 + $145,300

$159,700

2021

$2,741 (+4.5%)

$14,400 + $101,600

$116,000

2020

$2,623 (+10.2%)

$14,400 + $101,600

$116,000

2019

$2,381 (+9.6%)

$14,400 + $100,900

$115,300

2018

$2,173 (+3.9%)

$14,400 + $86,400

$100,800

2017

$2,091 (−2.7%)

$14,400 + $74,300

$88,700

2016

$2,150 (+12.2%)

$14,400 + $74,300

$88,700

2015

$1,916 (+0.8%)

$14,400 + $77,100

$91,500

2014

$1,900 (+22.0%)

$14,400 + $70,400

$84,800

2013

$1,558

$14,400 + $69,400

$83,800

Public record

Public record
Zoning
Permits

Beds

Baths

1.5

Stories

Lot width

70 ft.

Lot depth

176 ft.

Lot size

0.28 Acres

Year renovated

1971

Finished Sq. Ft.

1,278

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,278

Year built

1971

Style

Single Family Residential

County

Marion County

APN

491131119024000200

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

May 19, 2025 • Active

Right of way permit-excavation

Gas

Dec 14, 2020 • Final

Heating & cooling - 1-2 family

Replace the furnace and air conditioner in a residential building.

HVAC

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.

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.7 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5136 Gambel Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $179,900 and $255,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $180K to $255K.

SOLD JUN 30, 2026
$240,000 Last sold price
3 beds2.5 baths1,278 sq ft
4948 Norcroft Dr, Indianapolis, IN 46221
$4/sq ft
smaller lot
1 year older
SOLD JUN 23, 2026
$215,000 Last sold price
3 beds1.5 baths1,278 sq ft
5425 Gambel Rd, Indianapolis, IN 46221
$16/sq ft
smaller lot
2 years newer
SOLD JAN 2, 2026
$190,000 Last sold price
4 beds1.5 baths1,278 sq ft
5301 Gambel Rd, Indianapolis, IN 46221
$35/sq ft
SOLD JUL 27, 2026
$179,900 Last sold price
3 beds1 bath912 sq ft
5012 Gambel Rd, Indianapolis, IN 46221
$13/sq ft
smaller lot
1 year newer
SOLD JUL 17, 2026
$255,000 Last sold price
3 beds2.5 baths1,656 sq ft
5425 Powder River Ct, Indianapolis, IN 46221
$30/sq ft
smaller lot
32 years newer
SOLD AUG 7, 2026
$249,000 Last sold price
2 beds2 baths1,394 sq ft
5331 Honey Manor Dr, Indianapolis, IN 46221
$5/sq ft
larger lot
16 years newer

Tour for free, no strings attached

Instant answers, or connect with a local agent

Early Access listings

EARLY ACCESSREDFIN COMING SOON

$799,900

5 beds4 baths4,565 sq ft

5019 Saddle Creek Ln, Noblesville, IN 46062

EARLY ACCESSREDFIN COMING SOON

$1,450,000

3 beds3 baths3,171 sq ft

295 N Main St, Zionsville, IN 46077

EARLY ACCESSCOMPASS COMING SOON

$1,750,000

Land— sq ft

13315 S 350th St W, Romney, IN 47981

Nearby similar homes

$55,000

Studio0.5 baths750 sq ft

3302 Foltz St, Indianapolis, IN 46221

$344,900

4 beds2.5 baths2,242 sq ft

6248 Basden Dr, Indianapolis, IN 46221

$315,000

3 beds3 baths3,858 sq ft

5210 W Southport Rd, Indianapolis, IN 46221

$249,900

3 beds2 baths1,634 sq ft

6420 Glory Maple Ln, Indianapolis, IN 46221

$164,900

2 beds1 bath1,680 sq ft

3339 S Lyons Ave, Indianapolis, IN 46221

3D WALKTHROUGH

$254,000

3 beds2 baths1,410 sq ft

5312 W Scatterwood Ct, Indianapolis, IN 46221

New listings for sale in 46221

NEW 39 MINS AGO

$230,000

3 beds1.5 baths1,620 sq ft

6034 W Loretta Dr, Indianapolis, IN 46221

NEW 4 HRS AGO

$227,750

3 beds2 baths1,829 sq ft

1007 S Tremont St, Indianapolis, IN 46221

NEW 15 HRS AGO

$170,000

3 beds2 baths1,201 sq ft

6613 Nodlehs Dr, Indianapolis, IN 46221

$105,000

3 beds1 bath2,496 sq ft

840 S Pershing Ave, Indianapolis, IN 46221

OPEN SAT, 1PM TO 3PM3D WALKTHROUGH

$285,000

3 beds2 baths2,148 sq ft

5514 Winship Ct, Indianapolis, IN 46221

$279,500

4 beds3 baths2,300 sq ft

5415 W Mooresville Rd, Indianapolis, IN 46221

3D WALKTHROUGH

$210,000

4 beds2 baths1,192 sq ft

6864 Cordova Dr, Indianapolis, IN 46221

$235,000

3 beds2 baths1,216 sq ft

5742 Ashcroft Dr, Indianapolis, IN 46221

$160,000

3 beds1 bath936 sq ft

3557 Winings Ave, Indianapolis, IN 46221

Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

More real estate resources

Neighborhoods
Cities
Zip Codes
Minor Civil Divisions
Popular Searches

Mars Hill homes for sale
Southern Wayne homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

46250 homes for sale
46256 homes for sale
46217 homes for sale
46237 homes for sale
46220 homes for sale

Franklin Township homes for sale
Pike Township homes for sale
Warren Township homes for sale
Washington Township homes for sale
Perry Township homes for sale

Houses for rent in Indianapolis	Agents near me	Munster, IN homes for sale	Indianapolis Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Westfield, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Indianapolis Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings

Fishers homes for sale
Zionsville homes for sale
Carmel homes for sale