Google satellite image for 6720 Gray Rd, Indianapolis, IN 46237

OFF MARKET

$354,660

•

— ba

•

864

sq ft

6720 Gray Rd, Indianapolis, IN 46237

About this home

6720 Gray Rd is a 864 square foot house on a 4.39 acre lot with 2 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $354,660.

Single-familyProperty Type

1925Year Built

4.39 acresLot Size

$410Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$354,660

$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.7% higher than the average sale price ($301K) of 6 comparable homes.

SOLD APR 8, 2026
$220,000
A
3 beds1.5 baths1,470 sq ft
4025 Pineview Cir, Indianapolis, IN 46237
SOLD MAR 27, 2026
$285,000
B
3 beds2 baths2,054 sq ft
3248 Tulip Dr, Indianapolis, IN 46227
SOLD JUN 26, 2026
$430,000
C
3 beds2 baths1,593 sq ft
6720 Mcfarland Rd, Indianapolis, IN 46227
SOLD AUG 24, 2026
$312,500
D
3 beds2 baths2,526 sq ft
6322 Bryan Dr, Indianapolis, IN 46227
SOLD JUL 29, 2026
$249,900
E
3 beds1.5 baths1,353 sq ft
7026 Harmon Ct, Indianapolis, IN 46227
SOLD OCT 22, 2025
$310,000
F
3 beds1.5 baths2,152 sq ft
6749 Hillcrest Ct, Indianapolis, IN 46227

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Earn from this home

Sell

$332,218

Est. take-home

List your home with Redfin and save $3,547

Market trends in 46237, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

0.0% MoM

Median sale price

$282K

$7K MoM

Avg. days on market

29d

9 days MoM

Recently sold homes

199

1 MoM

New listings for sale

NEW 13 HRS AGO
$305,000
3 beds2.5 baths2,148 sq ft
6648 Locust Grove Dr, Indianapolis, IN 46237
NEW 14 HRS AGO
$310,000
3 beds3 baths2,627 sq ft
6320 Falcon Pointe Ln, Indianapolis, IN 46237
NEW 18 HRS AGO
$359,900
4 beds2.5 baths3,793 sq ft
4537 Sugar Bay Ln, Indianapolis, IN 46237
NEW 18 HRS AGO
$289,900
3 beds2 baths1,479 sq ft
3941 Meridee Dr, Indianapolis, IN 46237
NEW 19 HRS AGO
$349,900
4 beds2.5 baths2,480 sq ft
5923 Edelle Dr, Indianapolis, IN 46237
$165,000
3 beds1 bath1,104 sq ft
1743 E Troy Ave, Indianapolis, IN 46203
$220,000
3 beds2 baths1,260 sq ft
4316 Arlington Cir, Indianapolis, IN 46237
(708) 560-1282
3D WALKTHROUGH
$230,000
3 beds2 baths1,050 sq ft
3026 S Temple Ave, Indianapolis, IN 46237
FOR SALE BY OWNER
$390,000
3 beds3 baths1,624 sq ft
4006 Dundee Dr, Indianapolis, IN 46237
$355,000
3 beds3 baths2,600 sq ft
5638 Gray Rd SW, Indianapolis, IN 46237
See all

Provided by Redfin

Sale history for 6720 Gray Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$4,860 (−12.5%)

$46,200 + $302,700

$348,900

2024

$5,553 (+0.9%)

$46,200 + $330,100

$376,300

2023

$5,505 (+8.3%)

$46,200 + $330,100

$376,300

2022

$5,084 (+13.6%)

$46,200 + $326,900

$373,100

2021

$4,474 (+2.1%)

$46,200 + $237,400

$283,600

2020

$4,383 (+6.0%)

$46,200 + $237,400

$283,600

2019

$4,136 (+8.3%)

$46,200 + $229,900

$276,100

2018

$3,821 (+4.7%)

$39,200 + $222,400

$261,600

2017

$3,651 (+7.4%)

$39,200 + $190,700

$229,900

2016

$3,399 (+20.1%)

$39,200 + $190,700

$229,900

2015

$2,831 (+1.4%)

$39,200 + $172,600

$211,800

2014

$2,791 (−1.6%)

$39,200 + $162,000

$201,200

2013

$2,837

$39,200 + $168,000

$207,200

Tax history for 6720 Gray Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,860 (−12.5%)

$46,200 + $302,700

$348,900

2024

$5,553 (+0.9%)

$46,200 + $330,100

$376,300

2023

$5,505 (+8.3%)

$46,200 + $330,100

$376,300

2022

$5,084 (+13.6%)

$46,200 + $326,900

$373,100

2021

$4,474 (+2.1%)

$46,200 + $237,400

$283,600

2020

$4,383 (+6.0%)

$46,200 + $237,400

$283,600

2019

$4,136 (+8.3%)

$46,200 + $229,900

$276,100

2018

$3,821 (+4.7%)

$39,200 + $222,400

$261,600

2017

$3,651 (+7.4%)

$39,200 + $190,700

$229,900

2016

$3,399 (+20.1%)

$39,200 + $190,700

$229,900

2015

$2,831 (+1.4%)

$39,200 + $172,600

$211,800

2014

$2,791 (−1.6%)

$39,200 + $162,000

$201,200

2013

$2,837

$39,200 + $168,000

$207,200

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

Zoning and permits

Zoning
Permits

METRO

Dwelling Agriculture District

The D-A District holds the agricultural lands of Marion County and provides for a variety of agricultural uses. It is intended to provide for animal and poultry husbandry, farming, cultivation of crops, dairying, pasturage, floriculture, horticulture, viticulture, apiaries, aquaculture, hydroponics, together with necessary, accompanying accessory uses, buildings, or structures for housing, packing, treating, or storing said products; or lands devoted to a soil conservation or forestry management program. A single-family dwelling is intended to be permitted as a part of such agricultural uses. A secondary provision of this District is large estate development of single-family dwellings. This District fulfills the very low density residential classification of the Comprehensive General Land Use Plan. This District does not require public water and sewer facilities.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Research & development
Communications tower
Veterinary clinic
Park & open space

Sep 17, 2007 • Final

Structural permit-1-2 family-miscellaneous

Tear off and reroof a detached garage for a residential building. Replace decking as needed.

Remodel

Roofing

Sep 17, 2007 • Final

Structural permit-1-2 family-miscellaneous

Perform a residential renovation on the existing primary structure. Tear off and replace the roof, including replacing the roof decking as needed.

Roofing

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

Interior

Basement Information
Basement Sq. Ft: 432
Basement Type: Partial

Heating & Cooling
Heating Type: Warm Air

Room Information
# of Rooms: 4

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family

Property Information
Living Sq. Ft: 864
Adjusted Gross Sq. Ft: 1,296
Ground Floor Sq. Ft: 1,840
Building Sq. Ft: 1,296
# of Stories: 1
Legal Description: PT NW1/4 SW1/4 S9 T14 R4 BEG 885.51FT S & 76.79FTW OF NE COR W 583.21FT S 305.83FT E 624.97FTN 123.33FT NE 55.23FT N 83.55FT NE 63.70FTTO BEG 4.39AC

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 872
Garage / Carport Type: Detached

Lot Information
# of Buildings: 2
Land Sq. Ft: 191,228
Municipality Name: PERRY, OUTSIDE
Acres: 4.39
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: —
Sq. Ft.: 864
Stories: 1.0
Lot Size: 4.39 acres
Style: Single Family Residential
Year Built: 1925
Year Renovated: 1925
County: Marion County
APN: 491509121002000500

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Southport Elementary School

Public 1-5 • Assigned • 1.2mi

5/10

Southport 6th Grade Academy

Public 6 • Assigned • 1.4mi

4/10

Southport High School

Public 9-12 • Assigned • 2.3mi

5/10

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, 18 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$337,000 – $408,000

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Nearby similar homes

NEW 18 HRS AGO

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New listings for sale in 46237

NEW 13 HRS AGO

$305,000

3 beds2.5 baths2,148 sq ft

6648 Locust Grove Dr, Indianapolis, IN 46237

NEW 14 HRS AGO

$310,000

3 beds3 baths2,627 sq ft

6320 Falcon Pointe Ln, Indianapolis, IN 46237

NEW 18 HRS AGO

$359,900

4 beds2.5 baths3,793 sq ft

4537 Sugar Bay Ln, Indianapolis, IN 46237

NEW 18 HRS AGO

$289,900

3 beds2 baths1,479 sq ft

3941 Meridee Dr, Indianapolis, IN 46237

NEW 19 HRS AGO

$349,900

4 beds2.5 baths2,480 sq ft

5923 Edelle Dr, Indianapolis, IN 46237

$165,000

3 beds1 bath1,104 sq ft

1743 E Troy Ave, Indianapolis, IN 46203

$220,000

3 beds2 baths1,260 sq ft

4316 Arlington Cir, Indianapolis, IN 46237

(708) 560-1282

3D WALKTHROUGH

$230,000

3 beds2 baths1,050 sq ft

3026 S Temple Ave, Indianapolis, IN 46237

FOR SALE BY OWNER

$390,000

3 beds3 baths1,624 sq ft

4006 Dundee Dr, Indianapolis, IN 46237

Home values near 6720 Gray Rd

Data from public records.

Address	Redfin Estimate
6506 Gray Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1521 Sq. Ft.	—
4210 Moss Ridge Court, Indianapolis, IN 4 Beds \| 2.5 Baths \| 3993 Sq. Ft.	$516,248

Address	Redfin Estimate
6816 Gray Road, Indianapolis, IN 3 Beds \| - Baths \| 1228 Sq. Ft.	$232,380
4114 Moss Ridge Lane, Indianapolis, IN 4 Beds \| 3.5 Baths \| 3636 Sq. Ft.	$458,469

Address	Redfin Estimate
4025 Mi Casa Avenue, Indianapolis, IN 3 Beds \| 2 Baths \| 1470 Sq. Ft.	$274,143
4130 Moss Ridge Lane, Indianapolis, IN 4 Beds \| 3 Baths \| 3408 Sq. Ft.	$469,149

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