For sale
$349,900
Est. $2,309/mo
3
bd
3 ba
2,600
sq ft

5638 Gray Rd SW, Indianapolis, IN 46237

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About this home

Single-familyProperty Type
1967Year Built
0.5 acresLot Size
$135Price/Sq.Ft.
2 car garageParking
Listed by Susan Johnson Carpenter, REALTORS®
Listing updated:
Redfin checked: 2 minutes ago
Source:MIBOR as Distributed by MLS Grid #22122613
12 days on Redfin187 views5 favorites

Payment calculator

$2,309 per month

Principal and interest$1,839
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($69,980)
Home price
$349,900
Loan details
30-yr fixed, 6.88%
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Around this home

Schools

Jeremiah Gray Kindergarten

Public K-1 • Assigned • 0.4mi

Southport 6th Grade Academy

Public 6 • Assigned • 1.2mi

4/10
Southport High School

Public 9-12 • Assigned • 2.6mi

5/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

5638 Gray Rd SW · $349,900
DAYS ON MARKET
13 days
The average home goes pending in 26 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$355,000
Median list price in this area is $246,694. (31% lower than this home)
PRICE DROP
1 price drop
33% of homes in this area have had a price drop in the past month.

Property details

Kitchen

Kitchen

Bathroom

Bathroom

Bedroom

Bedroom

Living

Living

Dining

Dining

  • Interior features
  • Attic access with pull-down stairs
  • Smart thermostat
  • Stained woodwork
  • Smoke alarm
  • Common laundry available
  • Bedrooms
  • Three main-level bedrooms
  • Master bedroom (main level) — 16 x 12
  • Bedroom 2 (main level) — 14 x 10
  • Bedroom 3 (main level) — 12 x 10
  • Guest room (main level) — 14 x 8
  • Bathrooms
  • Three full bathrooms (all on main level)
  • Kitchen
  • Gas cooktop
  • Gas oven
  • Microwave
  • Refrigerator
  • Disposal
  • Water purifier
  • Energy Star qualified appliances
  • Laundry & utility
  • Laundry in unit
  • Water softener (owned)
  • Water heaters: electric and gas listed; Energy Star qualified water heater noted
  • Humidifier
  • Exhaust fan
  • Flooring
  • Hardwood flooring
  • Heating & cooling
  • Natural gas heating
  • Central air conditioning

Sale and tax history for 5638 Gray Rd SW

Public record

Beds
4
Baths
1
Stories
1
Lot width
Lot depth
Lot size
0.5 Acres
Year renovated
1967
Finished Sq. Ft.
2,600
Unfinished Sq. Ft.
Total Sq. Ft.
2,600
Year built
1967
Style
Single Family Residential
County
Marion County
APN
491504125004000500
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Jul 29, 2026.

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

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46237
Average low and high temperatures (°F)
32
17
42
26
61
39
69
48
72
53
83
65
88
70
84
63
82
59
71
47
54
38
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

96/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 12% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.8 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 5638 Gray Rd SW

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

Nearby homes have recently sold between $284,000 and $422,000.

Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $284K to $422K.

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GreatSchools Ratings provided by GreatSchools.org.