5136 Gambel Road Indianapolis, IN $ 225,000
5136 Gambel Road
$ 225,000
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5136 Gambel Road

Indianapolis, IN, 46221
$ 225,000
Bedrooms4 Baths1.1 Sq 1,278

Monthly Estimate*

$ 1,554

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Single Family Home for sale in Indianapolis, IN

for $225,000 with 4 bedrooms and 1 full bath, 1 half bath. This 1,278 square foot home was built in 1971 on a lot size of 0.28.

This charming two-story, 4-bedroom, 1.5-bathroom home in Decatur Township offers the perfect blend of modern updates, incredible value, and spacious outdoor space. Complete with an attached two-car garage plus an additional detached two-car metal garage, offering buyers with more garage capacity-perfect for car enthusiasts, a workshop, a small boat , or extra storage! Step inside to find a functional layout loaded with upgrades. The heart of the home features brand-new vinyl flooring in the kitchen (2026), fresh paint throughout, and newly updated faucets. A comprehensive 2019 renovation brought massive value, including new kitchen cabinets, updated electrical systems, updated furnace and AC unit for buyers peace of mind. Under the carpets upstairs you will find beautifully well kept hardwood floors giving buyers the option of throwing out the included carpets. The exterior is a true standout feature. Step out onto the back porch to enjoy a spacious, fully fenced backyard that offers a private oasis for children, pets, or outdoor entertaining. With minimal work needed, this property is truly move-in ready and offers an incredible opportunity for primary buyers or investors alike. * Terms: Being sold strictly As-Is. * Financing: Open to conventional Don't miss out on this Decatur Township gem-schedule your showing today!

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Single Family Active

Price

$ 225,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 3,970

Style

Colonial

Lot Size

0.28

Year Built

1971

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22111774

Features
Interior
Interior Amenities Attic Access Handicap Accessible Interior Hi-Speed Internet Availbl Eat-in Kitchen
Basement (Y/N) N
Half Baths 1
Laundry Features In Unit Main Level
Total Bedrooms 4
Main Level Bedrooms 0
Total Baths 2
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General
Heating Gas
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Water Connected
Possession Closing
Appliances Electric Cooktop Electric Water Heater Disposal Microwave Electric Oven Refrigerator
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Colonial
Construction Materials Brick
Year Built 1971
Township Decatur
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Stair Lift
County Marion
New Construction N
Property Type Residential
Subdivision Name Cloverleaf Village
Garage Y/N Y
Total Rooms 7
Full Baths 1
Status Active
Directions GPS Friendly
High School Decatur Central High School
City Indianapolis
High School District MSD Decatur Township
MLS Area 4908 - Marion - Decatur
Lot Size Square Feet 12327
Elementary School Blue Academy
Property Attached Y/N N
Current Financing Conventional FHA
Middle/Junior High School Decatur Middle School
Property Condition Fixer
Additional Parcels Y/N N
Standard Status Active
Tax Lot 49-11-31-119-024.000-200
Legal Description Cloverleaf Village 3rd Sec L079
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Exterior
Exterior Amenities Other
Fencing Chain Link
Parking Features Attached
Lot Features Not In Subdivision
Water Source Public
Foundation Details Crawl Space
Spa N
Building Area Total 1278
Lot Size Acres 0.28
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Exp Realty Llc

Broker

amanda.norman@exprealty.com

Email

Affordability Calculator

$1,885
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$331
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4051176 Elementary School
4049262 Middle School
Decatur Central High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$225,000 -2.17% Price Down
9/4/2026$230,000 -2.13% Price Down
8/28/2026$235,000 -2.08% Price Down
8/8/2026$240,000 -2.00% Price Down
7/23/2026$244,900 -2.00% Price Down
7/2/2026$249,900 Listed Price

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5136 Gambel Road, Indianapolis, IN, 46221 is a Single Family Home for sale at $225,000 with 1,278 sqft and a lot size of 0.28. 5136 Gambel Road has 4 bedrooms, 1.1 baths, and was built in 1971. The property's zip code is 46221 which is in Indianapolis, IN