5638 Gray Rd, Indianapolis, IN, 46237
About This Home
Discover the charm of this 3 Bedroom/3 Full Bath delightful house located at 5638 Gray Rd. This residence presents a welcoming exterior that promises comfort and a sense of home. the property exemplifies timeless architecture, offering a warm and inviting atmosphere. Surrounded by a spacious yard, it provides ample outdoor space for relaxation or activities. The house stands as a testament to quality construction, insuring durability and style. This is an opportunity to own a piece of Indianapolis that combines convenience with a tranquil setting. Enjoy the benefits of living in a house that is both a retreat and functional tribe space. Seller is selling home as is. Pre-sale inspection completed May 2026.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1977
Materials
- Foundation: Crawl Space
- Construction materials: Wood Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Disposal,Microwave,Gas Oven,Refrigerator,Washer
Bedroom2
- Level: Main
- Area: 140
- Dimensions: 14x10
Bedroom3
- Level: Main
- Area: 120
- Dimensions: 12x10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Bonus Room
- Level: Main
- Area: 123.25
- Dimensions: 14.5x8.5
Bonus Room
- Level: Main
- Area: 231
- Dimensions: 14x16.5
Dining Room
- Level: Main
- Area: 150
- Dimensions: 15x10
Family Room
- Level: Main
- Area: 190
- Dimensions: 20x9.5
Features
- Attic Pull Down Stairs,Hardwood Floors,Eat-in Kitchen
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Masonry
- Fireplace: Yes
- Attic: Pull Down Stairs
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,756
- Total interior livable area: 2,756 sqft
Kitchen
- Level: Main
- Area: 190
- Dimensions: 20x9.5
Master Bedroom
- Level: Main
- Area: 178.25
- Dimensions: 15.5x11.5
Property
Details
- Parcel number: 491504125004000500
- Special condition: As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Pool features: Above Ground
- Exterior features: Storage
Lot
- Lot size: 0.50 Acres
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,886 | $22,632 |
| Home Insurance * | $223 | $2,676 |
| Property Taxes | $353 | $4,236 |
| Electricity | $252 | $3,031 |
| Total | $2,714 | $32,568 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Price change | $365,000 |
| 2026-08-05 | Price change | $372,978 |
| 2026-07-31 | Price change | $372,988 |
| 2026-07-25 | Listed for sale | $394,671 |
| 2008-12-05 | Sold | $109,900 |
| 2008-05-28 | Listing removed | $129,900 |
| 2007-12-01 | Listed for sale | $129,900 |
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