OFF MARKET

Off Market Jul 2018 for $119K

$215,181

•

1,336

sq ft

5340 Gambel Rd, Indianapolis, IN 46221

About this home

This move-in ready brick ranch has been lovingly refreshed and updated with new paint, new carpet, refinished kitchen cabinets, and new counter tops. The fenced-in backyard is shaded by mature trees and has a mini barn for storing your lawn and gardening tools. Tucked into a quiet, established neighborhood in Decatur Township (with no need for major renovations), you can truly just ENJOY living in this adorable home.

Single-familyProperty Type

1974Year Built

7,841 sq ftLot Size

$161Est. Price/Sq.Ft.

2 car garageParking

Listed by Tonda Hoagland • Keller Williams Indy Metro Partners

Listed by Merissa Houston • Keller Williams Indy Metro Partners

Contact: Tonda@HoaglandGroup.com

Bought with Patrick Ploughe • Keller Williams Indy Metro Partners

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21563779

Redfin Estimate

$215,181

$96K since sold in July 2018$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.7% higher than the average sale price ($207K) of 6 comparable homes.

SOLD JUN 23, 2026
$215,000
A
3 beds1.5 baths1,278 sq ft
5425 Gambel Rd, Indianapolis, IN 46221
SOLD MAY 7, 2026
$219,000
B
3 beds2 baths1,261 sq ft
4838 Guthrie Dr, Indianapolis, IN 46221
SOLD JUL 27, 2026
$179,900
C
3 beds1 bath912 sq ft
5012 Gambel Rd, Indianapolis, IN 46221
SOLD JUL 1, 2026
$205,000
D
3 beds1 bath1,200 sq ft
4522 Yuma Dr, Indianapolis, IN 46241
SOLD JAN 26, 2026
$186,000
E
3 beds1.5 baths1,269 sq ft
3344 Southwest Dr, Indianapolis, IN 46241
SOLD JUN 30, 2026
$240,000
F
3 beds2.5 baths1,278 sq ft
4948 Norcroft Dr, Indianapolis, IN 46221

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Earn from this home

Sell

$121,745

Est. take-home

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Rent

$1,535/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%

0.4% MoM

Median sale price

$220K

$11K MoM

Avg. days on market

25d

6 days MoM

Recently sold homes

112

10 MoM

New listings for sale

NEW 20 HRS AGO
$115,000
3 beds1 bath1,272 sq ft
1226 S Richland St, Indianapolis, IN 46221
$285,000
3 beds2 baths2,816 sq ft
6302 W Loretta Dr, Indianapolis, IN 46221
3D WALKTHROUGH
$217,000
3 beds2 baths1,075 sq ft
6136 Rocky River Dr, Indianapolis, IN 46221
$230,000
3 beds1.5 baths1,620 sq ft
6034 W Loretta Dr, Indianapolis, IN 46221
$227,750
3 beds2 baths1,829 sq ft
1007 S Tremont St, Indianapolis, IN 46221
$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
3D 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
See all

Provided by Redfin

Sale history for 5340 Gambel Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21563779

Jul 6, 2018

Sold

$119,500

$89/sq ft

May 6, 2018

Pending

—

May 3, 2018

Listed

$115,000

$86/sq ft

MIBOR as Distributed by MLS Grid #21514852

Jan 12, 2018

Sold

$80,000

$60/sq ft

Dec 19, 2017

Pending

—

Dec 13, 2017

Price Changed

$86,900

$65/sq ft

Dec 13, 2017

Price Changed

$82,500

$62/sq ft

Dec 5, 2017

Price Changed

$89,900

$67/sq ft

Nov 17, 2017

Price Changed

$94,900

$71/sq ft

Nov 17, 2017

Price Changed

$90,000

$67/sq ft

Nov 13, 2017

Price Changed

$98,900

$74/sq ft

Nov 6, 2017

Price Changed

$99,900

$75/sq ft

Oct 23, 2017

Listed

$100,000

$75/sq ft

+27

Nice 3 bedroom 1.5 bath low maintenance brick ranch with attached garage. This home features a formal living room, an open kitchen and dining room combo, Family room with wood burning fireplace. Some recent updates include family room flooring, vanity, roof was one a few years ago, and some updated mechanical's. This is a great 1st home or investment property ready for your personal touches. Home is in need of cosmetic updates. Property to be sold AS-IS. Ask your agent for supplemental information.

MIBOR as Distributed by MLS Grid #2769280

Sep 1, 2008

Listing Removed

—

Oct 31, 2007

Listed

$109,900

$82/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,309 (−7.5%)

$12,300 + $206,000

$218,300

2024

$2,496 (+11.6%)

$12,300 + $202,100

$214,400

2023

$2,237 (+9.4%)

$12,300 + $202,100

$214,400

2022

$2,045 (+34.8%)

$12,300 + $180,500

$192,800

2021

$1,517 (+8.5%)

$12,300 + $114,000

$126,300

2020

$1,398

$12,300 + $114,000

$126,300

2019

$1,398 (+42.8%)

$12,300 + $113,200

$125,500

2018

$979 (+3.7%)

$12,300 + $104,400

$116,700

2017

$944 (+10.7%)

$12,300 + $93,500

$105,800

2016

$853 (+29.0%)

$12,300 + $93,500

$105,800

2015

$661 (−2.4%)

$12,300 + $90,100

$102,400

2014

$677 (+33.3%)

$12,300 + $82,300

$94,600

2013

$508

$12,300 + $83,000

$95,300

Tax history for 5340 Gambel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,309 (−7.5%)

$12,300 + $206,000

$218,300

2024

$2,496 (+11.6%)

$12,300 + $202,100

$214,400

2023

$2,237 (+9.4%)

$12,300 + $202,100

$214,400

2022

$2,045 (+34.8%)

$12,300 + $180,500

$192,800

2021

$1,517 (+8.5%)

$12,300 + $114,000

$126,300

2020

$1,398

$12,300 + $114,000

$126,300

2019

$1,398 (+42.8%)

$12,300 + $113,200

$125,500

2018

$979 (+3.7%)

$12,300 + $104,400

$116,700

2017

$944 (+10.7%)

$12,300 + $93,500

$105,800

2016

$853 (+29.0%)

$12,300 + $93,500

$105,800

2015

$661 (−2.4%)

$12,300 + $90,100

$102,400

2014

$677 (+33.3%)

$12,300 + $82,300

$94,600

2013

$508

$12,300 + $83,000

$95,300

*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

66 ft.

Lot depth

122 ft.

Lot size

7,841 Sq. Ft.

Year renovated

1985

Sq. Ft.

1,336

Year built

1974

Style

Single Family Residential

County

Marion County

APN

491236109004000200

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

Jun 22, 2011 • Active

Heating & cooling permit-1-2 family-replacement

Remove and replace an old furnace with a new one.

HVAC

Mar 1, 1996 • Final

Plumbing permit-1-2 family-water heater

Plumbing

Water heater

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
Garage Parking Other: Finished Garage
Parking Features: Attached, Concrete, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1336
Living Area: 1336
Main Level Sq. Ft.: 1336

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

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 3
Full Bathrooms MU: 1

Room 1 Information
Room Features: Carpet
Room Dimensions: 14x10
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 11x9
Room Level: Main

Room 3 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 10x9
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 17x11
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 17x13
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 16x16
Room Level: Main

Room 7 Information
Room Features: Vinyl
Room Dimensions: 8x5
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

Basement Information
Basement Features: Crawl Space

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Woodburning Fireplce

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Pull Down Stairs, Eat-in Kitchen
Appliances: Dryer, Washer, Gas Water Heater
Areas Interior: Bedroom Other on Main

Exterior

Exterior Features
Patio And Porch Features: Open Patio, Covered Porch
Exterior Features: Barn Mini
Fencing: Fence Full Rear

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.18
Lot Features: Sidewalks, Storm Sewer

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: Yes

Location

School Information
High School District: MSD Decatur Township

Location Information
Directions: From Mann Rd & I465: Go N on Mann Rd. Then, Left on Gambel. Home is on your Right.
Tax Legal Description: CLOVERLEAF VILLAGE 6TH SEC LOT 152

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,336
Stories: 1.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1974
Year Renovated: 1985
County: Marion County
APN: 491236109004000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: Tonda@HoaglandGroup.com

Green Information
Green Certification YN: No

Home Information
Construction Materials: Brick
Levels: One

Around this home

Schools

Blue Academy

Public K-6 • Assigned • 1.0mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.4mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.4mi

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

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

3 unhealthy days expected this year, 4 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

$205,000 – $248,000

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Home values near 5340 Gambel Rd

Data from public records.

Address	Redfin Estimate
5346 Gambel Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1878 Sq. Ft.	$208,198
5314 Gambel Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 3026 Sq. Ft.	$221,189

Address	Redfin Estimate
5355 Gambel Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1260 Sq. Ft.	$193,914
5409 Gambel Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1976 Sq. Ft.	$158,458

Address	Redfin Estimate
5404 Gambel Road, Indianapolis, IN 3 Beds \| - Baths \| 1976 Sq. Ft.	$227,369
5336 Gambel Road, Indianapolis, IN 3 Beds \| - Baths \| 1938 Sq. Ft.	$207,192

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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