OFF MARKET

Off market may 2017 for $128K

$280,674

•

2,652

sq ft

5437 Gambel Rd, Indianapolis, IN 46221

About this home

Single-familyProperty Type

1973Year Built

0.47 acresLot Size

$106Est. Price/Sq.Ft.

2 car garageParking

Listed by Carrie Vavul • Carpenter, REALTORS®

Contact: cvavul@callcarpenter.com

Bought with Carrie Vavul • Carpenter, REALTORS®

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21471093

Redfin Estimate

$280,674

$153K since sold in May 2017$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.3% higher than the average sale price ($267K) of 6 comparable homes.

SOLD JUN 10, 2026
$275,000
A
4 beds3.5 baths2,364 sq ft
4851 Wycliff East Dr, Indianapolis, IN 46221
SOLD JUL 14, 2026
$248,508
B
3 beds2 baths2,288 sq ft
5349 Gambel Rd, Indianapolis, IN 46221
SOLD OCT 23, 2026
$248,000
C
3 beds2.5 baths1,656 sq ft
5303 W Thompson Rd, Indianapolis, IN 46221
SOLD SEP 16, 2026
$315,000
D
4 beds3.5 baths3,424 sq ft
4052 Mary Kay Dr, Indianapolis, IN 46221
SOLD DEC 8, 2025
$218,000
E
4 beds3 baths1,894 sq ft
4848 Guthrie Dr, Indianapolis, IN 46221
SOLD APR 8, 2026
$295,000
F
4 beds2.5 baths2,660 sq ft
5319 Honey Manor Dr, Indianapolis, IN 46221

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Sell

$180,479

Est. take-home

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$2,058/mo

Redfin rental estimate

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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

NEW 3 HRS AGO
$249,000
3 beds2 baths1,350 sq ft
5705 Long Ridge Pl, Indianapolis, IN 46221
NEW 6 HRS AGO
$135,000
1 bed1 bath1,000 sq ft
829 S Tremont St, Indianapolis, IN 46221
$224,500
3 beds2 baths1,192 sq ft
6226 Long River Ln, Indianapolis, IN 46221
$109,900
2 beds1 bath728 sq ft
651 Division St, Indianapolis, IN 46221
$260,000
3 beds2.5 baths1,682 sq ft
6128 Trillium Woods Ct, Indianapolis, IN 46221
3D WALKTHROUGH
$190,000
3 beds1 bath1,296 sq ft
1252 Kappes St, Indianapolis, IN 46221
$195,000
3 beds1.5 baths1,324 sq ft
1467 Blaine Ave, Indianapolis, IN 46221
$188,900
3 beds1 bath1,200 sq ft
3549 W Murray St, Indianapolis, IN 46221
3D WALKTHROUGH
$256,000
3 beds2 baths1,616 sq ft
6536 Emerald Crossing Way, Indianapolis, IN 46221
$229,900
3 beds1.5 baths1,205 sq ft
5708 Dollar Hide, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 5437 Gambel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,796 (−8.8%)

$15,700 + $247,700

$263,400

2024

$3,067 (−11.0%)

$15,700 + $246,800

$262,500

2023

$3,447 (+9.7%)

$15,700 + $246,800

$262,500

2022

$3,143 (+59.5%)

$15,700 + $238,100

$253,800

2021

$1,970 (+7.4%)

$15,700 + $144,100

$159,800

2020

$1,834 (+7.3%)

$15,700 + $144,100

$159,800

2019

$1,709 (+3.3%)

$15,700 + $143,300

$159,000

2018

$1,655 (−0.3%)

$15,700 + $122,800

$138,500

2017

$1,659 (+4.0%)

$15,700 + $119,000

$134,700

2016

$1,595 (+16.8%)

$15,700 + $119,000

$134,700

2015

$1,366 (−2.3%)

$15,700 + $114,400

$130,100

2014

$1,398 (+19.5%)

$15,700 + $104,600

$120,300

2013

$1,170

$15,700 + $106,700

$122,400

Tax history for 5437 Gambel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,796 (−8.8%)

$15,700 + $247,700

$263,400

2024

$3,067 (−11.0%)

$15,700 + $246,800

$262,500

2023

$3,447 (+9.7%)

$15,700 + $246,800

$262,500

2022

$3,143 (+59.5%)

$15,700 + $238,100

$253,800

2021

$1,970 (+7.4%)

$15,700 + $144,100

$159,800

2020

$1,834 (+7.3%)

$15,700 + $144,100

$159,800

2019

$1,709 (+3.3%)

$15,700 + $143,300

$159,000

2018

$1,655 (−0.3%)

$15,700 + $122,800

$138,500

2017

$1,659 (+4.0%)

$15,700 + $119,000

$134,700

2016

$1,595 (+16.8%)

$15,700 + $119,000

$134,700

2015

$1,366 (−2.3%)

$15,700 + $114,400

$130,100

2014

$1,398 (+19.5%)

$15,700 + $104,600

$120,300

2013

$1,170

$15,700 + $106,700

$122,400

*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

77 ft.

Lot depth

175 ft.

Lot size

0.47 Acres

Year renovated

1973

Sq. Ft.

2,652

Year built

1973

Style

Single Family Residential

County

Marion County

APN

491236109024000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 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
Parking Total: 0
Parking Features: Attached, Concrete
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2652
Living Area: 1572
Main Level Sq. Ft.: 1572
Lower/Basement Level Sq. Ft (Finished): 972

Bedroom Information
Primary Bedroom Description: Suite
# of Basement Bedrooms: 1
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 3
# of Full Baths (Main): 2
# of Full Baths (Basement): 1
Full Baths MU: 3
Full Bathrooms MU: 2

Room 1 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 10x09
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 10x09
Room Level: Main

Room 4 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 20x11
Room Level: Basement

Room 5 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 16x12
Room Level: Basement

Room 6 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 10x10
Room Level: Main

Room 7 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 18x12
Room Level: Main

Room 8 Information
Room Features: Carpet
Room Dimensions: 16x07
Room Level: Basement

Room 9 Information
Room Features: Carpet
Room Dimensions: 15x21
Room Level: Main

Heating & Cooling
Heating Information: Heat Pump, Electric

Interior Features
Interior Features: Attic Access, Screens Some, Window Metal
Appliances: Dishwasher, Disposal, Microwave, Electric Water Heater
Areas Interior: Living Room Formal

Exterior

Building Information
Percent Optional Level Finished: 75+%
Construction Stage: Resale

Exterior Features
Patio And Porch Features: Deck Main Level, Covered Porch
Exterior Features: Barn Mini
Fencing: Fence Full Rear

Pool Information
Pool Features: Above Ground

Property Information
Ownership Interest Types: None
Other Equipment: Not Applicable
Property Type: Residential
Property Sub Type: Single Family Residence

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

Lot Information
Lot Size Acres: 0.47

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Connected
Solid Waste Information: No

Location

School Information
High School District: MSD Decatur Township

Location Information
Directions: I465 TO KENTUCKY AVE. S TO ROAD BETWEEN KFC & FRICHES, THRU 1ST 4-WAY STOP OVER BRIDGE, 1ST RD ON R (NORCROFT) DOWN HILL L ON NORCROFT, R ON GAMBLE.
Tax Legal Description: CLOVERLEAF VILLAGE 6TH SEC L162

Public facts

Beds: 3
Baths: —
Sq. Ft.: 2,652
Stories: 2.0
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: 1973
County: Marion County
APN: 491236109024000200

Home facts updated by county records on Oct 19, 2026

Other

Listing Information
Attribution Contact: cvavul@callcarpenter.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Vinyl Siding
Levels: Multi/Split

Around this home

Schools

K - 12
Preschool & daycare

Blue Academy

Public K-6 • Assigned • 1.1mi

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

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

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

$267,000 – $323,000

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New listings for sale in 46221

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NEW 6 HRS AGO

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$224,500

3 beds2 baths1,192 sq ft

6226 Long River Ln, Indianapolis, IN 46221

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3D WALKTHROUGH

$190,000

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3D WALKTHROUGH

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6536 Emerald Crossing Way, Indianapolis, IN 46221

Fenced backyard • Broad patio • Raised planting beds

Home values near 5437 Gambel Rd

Data from public records.

Address	Redfin Estimate
5420 Gambel Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1900 Sq. Ft.	$187,129
5416 Gambel Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1260 Sq. Ft.	$195,959

Address	Redfin Estimate
5430 Gambel Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1636 Sq. Ft.	$221,801
5429 Gambel Road, Indianapolis, IN 3 Beds \| - Baths \| 1580 Sq. Ft.	$218,495

Address	Redfin Estimate
5424 Gambel Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2080 Sq. Ft.	$223,915
5417 Gambel Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1976 Sq. Ft.	$225,003

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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