Last Sold Price
3 beds1,437 sqft$148/sqft
5725 Gray Rd, Indianapolis, IN 46237

Description

Perry Township, 3 Bedroom, All-Brick Ranch on 1.4 Acres with Above-Ground Pool and Wrap-Around Deck ... Just in Time for Summer! The Property with this home is a MUST SEE! Hardwood Floors Throughout. All Appliances STAY including Washer and Dryer. Lots of potential! This home is ready for your finishing touches.Perry Township, 3 Bedroom, All-Brick Ranch on 1.4 Acres with Above-Ground Pool and Wrap-Around Deck ... Just in Time for Summer! The Property with this home is a MUST SEE! Hardwood Floors Throughout. All Appliances STAY including Washer and Dryer. Lots of potential! This home is ready for your finishing touches.
LISTING CLOSED: 07/15/2022 12:00 AM

  1. Listed by Amy O'Brien • O'Brien Team Realty
    P: (317) 691-5515 C: (317) 691-5515 soldbyobrien@gmail.com
  2. Listed by Derek O'Brien • O'Brien Team Realty
    C: (317) 691-2753 soldbyobrien@gmail.com

Property Details for 5725 Gray Road

Status
MLS #
21851589
Days on Market
26
Taxes
$587 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1945
Lot Size
1.40 AC / 60,984 SF
Architectural Style
Ranch
Subdivision Name
NO SUBDIVISION
Township
Perry

Recent comparable sales

Median sold price

$208,000

Avg days on market

47

Sale-to-list ratio

93.1%

Indianapolis, IN

9 comparable properties found

$217,000 | 4314 Dudley N Drive, Indianapolis, IN 46237
1/49
1

$217,000

Sold 11/10/25

3
Bedrooms
1,403
Square Feet
0.39
Acres
$202,900 | Undisclosed Address, Indianapolis, IN 46227
1/22
2

$202,900

Sold 09/30/25

3
Bedrooms
1,385
Square Feet
0.36
Acres
$175,000 | 3605 Redwood Drive, Indianapolis, IN 46227
1/39
3

$175,000

Sold 07/06/26

3
Bedrooms
1,271
Square Feet
0.24
Acres
$215,000 | 5240 Palisade Way, Indianapolis, IN 46237
1/2
4

$215,000

Sold 10/30/24

3
Bedrooms
1,320
Square Feet
0.21
Acres
$170,000 | 3502 Ferncliff Avenue, Indianapolis, IN 46227
1/18
5

$170,000

Sold 03/02/26

3
Bedrooms
1,385
Square Feet
0.25
Acres
$208,000 | 5508 Armstrong Drive, Indianapolis, IN 46237
1/21
6

$208,000

Sold 06/25/26

3
Bedrooms
1,282
Square Feet
0.23
Acres
$195,000 | 2089 East Epler Avenue, Indianapolis, IN 46227
1/28
7

$195,000

Sold 03/03/26

3
Bedrooms
1,338
Square Feet
0.5
Acres
$247,000 | 2416 Depauw Road, Indianapolis, IN 46227
1/32
8

$247,000

Sold 05/30/25

3
Bedrooms
1,350
Square Feet
0.37
Acres
$238,000 | 4531 Whirlaway Drive, Indianapolis, IN 46237
1/29
9

$238,000

Sold 10/07/25

3
Bedrooms
1,394
Square Feet
0.26
Acres

Location

Listing Courtesy of O'Brien Team Realty

Sold By eXp Realty, LLC

Add your commute

Building Information for 5725 Gray Road

Stories-Year Built1945Building Size-Lot Size1.40 AC / 60,984 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,175 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,078

Property Taxes

$98

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5725 Gray Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: From I-465&Emerson: South on Emerson to Thompson. Right (W) on Thompson to Gray Road. South on Gray to home on the left.
  • Postal Code: 46237
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491504126007000500
  • Semi Annual Property Tax Amt: 587
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,VeteranTaxExemption
  • Tax Year: 2020
Parking
  • Garage YN: Yes
  • Garage Parking Features: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Heated,Service Door
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: 1-3 Acres
  • Building Area Source: Assessor
  • Lot Number: 0
  • Lot Size: 60,984
  • Lot Size Acres: 1.4
  • Main Level SqFt: 1150
  • MLS: MIBOR
  • New Construction: False
  • SqFt Main Upper: 1150
  • Sqft Total: 1150.0
  • Sq Ft Total: 1437.0
  • Year Built Numeric: 1945
Property and Assessments
  • Affected by Disclosures: 0
  • DPRYN: 1
  • Inspection Warranties: Not Applicable
  • Ownership Type: NoAssoc
  • Photos Count: 30
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SaleTerms: FHA
  • Supplement Count: 3
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Sewer: Sewer Connected
  • Solid Waste: 1
  • Water Heater: Electric
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Barn Mini, Driveway Gravel, Above Ground Pool
  • Foundation Details: Block, Crawl Space
  • Fuel: Electric
  • Porch: Deck Main Level,Porch Open
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer, MicroHood
  • Areas Interior: Laundry Room Main Level
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Attic Access, Hardwood Floors, WoodWorkStain/Painted
  • Levels: One
  • Kitchen Features: Kitchen Eat In
  • Additional Equipment: Smoke Detector, Sump Pump, Water-Softener Owned
  • Pct Optional Level Finished: 0-25%
  • Room List: Living Room, Kitchen, Master Bedroom, Bedroom 2, Bedroom 3, Laundry
  • Room and Features: Living Room-Main-Hardwood, Kitchen-Main-Vinyl, Master Bedroom-Main-Hardwood, Bedroom 2-Main-Hardwood, Bedroom 3-Main-Hardwood, Laundry-Main-Vinyl
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 6
Room 1
  • Room Level: Main
  • Room Dimensions: 15x11
  • MBR_Room Window Treatments: 0
  • Room Features: Hardwood
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 15x11
  • MBR_Room Window Treatments: 0
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 12x11
  • MBR_Room Window Treatments: 0
  • Room Features: Hardwood
  • Room Type: Master Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 12x11
  • MBR_Room Window Treatments: 0
  • Room Features: Hardwood
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 11x8
  • MBR_Room Window Treatments: 0
  • Room Features: Hardwood
  • Room Type: Bedroom 3
Room 6
  • Room Level: Main
  • Room Dimensions: 11x7
  • MBR_Room Window Treatments: 0
  • Room Features: Vinyl
  • Room Type: Laundry
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 3
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 5725 Gray Road

DateEvent & SourcePriceAppreciation
Jul 15, 2022

Sold (Public Record)

Public Record #1510545273

$212,000

+15.5% / yr

Jul 15, 2022

Sold

MIBORMLS #21851589

$212,000
May 23, 2022

Pending

MIBORMLS #21851589

DateEvent & SourcePrice
07/15/2022

Sold (Public Record)

Public Record #1510545273

$212,000

+15.5% / yr

07/15/2022

Sold

MIBORMLS #21851589

$212,000
05/23/2022

Pending

MIBORMLS #21851589

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5725 Gray Road

Taxable ValueLand$27,100Additions$154,700Total$181,800
Tax Record2024$2,299 ($192 / month)
Home Facts
Beds2Total Finished SqFt1,150 SqFtAbove Grade Finished SqFt1,150 SqFtStories1Lot Size60,984 SqFtStyleSingle Family ResidenceYear Built1945CountyMARIONAPN49-15-04-126-007.000-500

Schools near 5725 Gray Road

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Mary Bryan Elementary School
Public1 to 5

Southport 6th Grade Academy
Public6

Southport Middle School
Public7 to 8

Southport High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 46237

$359,900 | 4637 Crosby Buck Drive, Indianapolis, IN 46237
1/25
New

$359,900

3
Bedrooms
2,467
Square Feet
0.17
Acres
$290,000 | 7625 Combs Road, Indianapolis, IN 46237
1/19
Open: 8/25 09:00AM - 07:00PMNew

$290,000

4
Bedrooms
1,979
Square Feet
0.4
Acres
$265,000 | 4960 Brookfield Drive, Indianapolis, IN 46237
1/19

$265,000

3
Bedrooms
1,524
Square Feet
0.19
Acres
$350,000 | 4330 Valley Trace Drive, Indianapolis, IN 46237
1/64

$350,000

4
Bedrooms
2,713
Square Feet
0.15
Acres
$314,900 | 5721 Skipping Stone Drive, Indianapolis, IN 46237
1/27

$314,900

4
Bedrooms
3,422
Square Feet
0.15
Acres
$264,000 | 6122 Carrie Place, Indianapolis, IN 46237
1/53
Open: 8/30 11:00AM - 01:00PM

$264,000

3
Bedrooms
1,310
Square Feet
0.24
Acres
$240,000 | 5631 Somers Drive, Indianapolis, IN 46237
1/22

$240,000

3
Bedrooms
1,730
Square Feet
0.19
Acres
$300,000 | 7460 Southern Lakes Drive, Indianapolis, IN 46237
1/36

$300,000

3
Bedrooms
1,923
Square Feet
0.24
Acres
$145,000 | 4235 Larkspur Trace, Indianapolis, IN 46237
1/15

$145,000

3
Bedrooms
1,337
Square Feet

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5725 Gray Road, Indianapolis, IN 46237
$212,000
3
1,437
60,984
11,021
$215,000
3
1,792
10,367
$219,800
3
1,544
10,018
2
1
1,686
40,947
$282,000
3
1,504
11,325

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of O'Brien Team Realty

Based on information submitted to the MLS GRID as of 07/15/2022 01:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.