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511 N Gray Street Indianapolis, IN $ 40,000
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$ 40,000 Get more info
511 N Gray Street
$ 40,000
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511 N Gray Street

Indianapolis, IN, 46201
$ 40,000
Bedrooms3 Baths1.0 Sq 1,842

Monthly Estimate*

$ 276

511 N Gray Street, Indianapolis, IN 46201 - Image 1
511 N Gray Street, Indianapolis, IN 46201 - Image 2
511 N Gray Street, Indianapolis, IN 46201 - Image 3
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511 N Gray Street, Indianapolis, IN 46201 - Image 6

Single Family Home for sale in Indianapolis, IN

for $40,000 with 3 bedrooms and 1 full bath. This 1,842 square foot home was built in 1910 on a lot size of 0.06.

A 3-bedroom home in Marion County offering an opportunity to bring your vision to life. This property needs repairs and updates, making it a great option for those looking to create a home in their own personal style. Conveniently located on the Near Eastside of Indianapolis, with easy access to local shops, restaurants, schools, and downtown Indianapolis. A property full of potential and ready for a new owner's ideas.

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Single Family Active

Price

$ 40,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 5,248

Style

Traditional

Lot Size

0.06

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22117943
Features
Interior
Interior Amenities Eat-in Kitchen
Basement Storage Space Unfinished
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 1
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General
Heating None
Cooling None
Utilities Electricity Connected Natural Gas Available Sewer Connected Water Connected
Possession Closing
Appliances None
Patio/Porch Features Covered
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1910
View Neighborhood Trees/Woods
Township Center
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Hoffmans E Mich St
Facing Direction West
Garage Y/N N
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
High School Arsenal Technical High School
City Indianapolis
Disclosures BankOwned
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 2788
Property Attached Y/N N
Property Condition Fixer
Additional Parcels Y/N N
Standard Status Active
Tax Lot 11-12
Legal Description Hoffmans E Mich St Add 35Ft N End Lots 11 & 12
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Exterior
Parking Features Alley Access Other
Lot Features Access Sidewalks Mature Trees
Water Source Public
Foundation Details Block
Spa N
Building Area Total 1842
Lot Size Acres 0.06
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Keller Williams Indy Metro Partners

Broker

chris@kwtips.com

Email

Affordability Calculator

$714
Per Month
39%
61%
0%
Monthly Principal & Interest
$276
Monthly Property Taxes
$437
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
4044905 Elementary School
4044909 Middle School
Arsenal Technical High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/27/2026$40,000 -11.11% Price Down
8/25/2026$45,000 Listed Price

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511 N Gray Street, Indianapolis, IN, 46201 is a Single Family Home for sale at $40,000 with 1,842 sqft and a lot size of 0.06. 511 N Gray Street has 3 bedrooms, 1.0 baths, and was built in 1910. The property's zip code is 46201 which is in Indianapolis, IN

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