3939 Gray Pond Ct, Indianapolis, IN, 46237
About This Home
Gray Farm Estates - Move-in ready all-brick 2BR/2BA paired patio ranch with 2-car garage. 1,180 sq ft open-concept layout with vaulted ceilings, split-bedroom design, private laundry, and spacious primary suite with walk-in closet & shower. Enjoy the back patio on a summer day. Low-maintenance living with HOA covering lawncare, exterior maintenance, and snow removal. Quiet street, yet minutes to I-65, I-465, US 31, Madison Ave, Old Town Greenwood, UIndy, IU Indianapolis, Community South & St. Francis hospitals, plus shopping, dining, Costco, and more.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2002
Materials
- Foundation: Slab
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: Condo
- Architectural style: Ranch,Traditional
- Property subType: Residential,Condominium
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Disposal,Gas Water Heater,MicroHood,Electric Oven,Refrigerator,Washer
- Laundry features: Main Level
Bedroom2
- Level: Main
- Area: 132
- Dimensions: 12x11
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Features
- Attic Pull Down Stairs,Cathedral Ceiling(s),Entrance Foyer,Ceiling Fan(s),High Speed Internet,Eat-in Kitchen,Pantry,Walk-In Closet(s)
- Attic: Pull Down Stairs
- Common walls with other units/homes: 1 Common Wall
Great Room
- Level: Main
- Area: 255
- Dimensions: 17x15
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,222
- Total interior livable area: 1,222 sqft
Kitchen
- Level: Main
- Area: 117
- Dimensions: 13x9
Laundry
- Level: Main
- Area: 48
- Dimensions: 8x6
Master Bedroom
- Level: Main
- Area: 182
- Dimensions: 14x13
Property
Details
- Parcel number: 491516101017000500
- Attached to another structure: Yes
- Special condition: As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Entry location: Free Standing
- Patio & porch: Patio,Covered
Lot
- Lot size: 4,356 sqft
- Features: Cul-De-Sac,Street Lights,Trees-Small (Under 20 Ft)
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
- Tornado
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
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 | $1,096 | $13,152 |
| Home Insurance * | $129 | $1,548 |
| Property Taxes | $238 | $2,856 |
| Electricity | $184 | $2,212 |
| Total | $1,647 | $19,764 |
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 |
|---|---|---|
| 2026-05-07 | Price change | $218,961 |
| 2026-02-04 | Listed for sale | $220,000 |
| 2019-08-13 | Sold | $140,000 |
| 2019-07-30 | Pending sale | $135,000 |
| 2019-07-24 | Listed for sale | $135,000 |
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