5638 Gray Road SW Indianapolis, IN $ 299,000
5638 Gray Road SW
$ 299,000
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5638 Gray Road SW

Indianapolis, IN, 46237
$ 299,000
Bedrooms3 Baths3.0 Sq 2,600

Monthly Estimate*

$ 2,065

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Single Family Home for sale in Indianapolis, IN

for $299,000 with 3 bedrooms and 3 full baths. This 2,600 square foot home was built in 1967 on a lot size of 0.5.

Mid-Century Modern Charm Meets Exceptional Outdoor Living! This unique ranch-style home is filled with character, and thoughtful spaces you won't find in every home. Featuring 3 bedrooms, plus a 4th bedroom that has been repurposed into a spacious walk-in closet, there is plenty of room to live, work, and entertain. The inviting interior offers ample living space, an eat-in kitchen, and an abundance of natural light throughout. But the true highlight is the expansive backyard-an outdoor retreat designed for enjoying the seasons. Relax or entertain on the all wood deck, take a dip in the pool, or gather around the fire pit. For extra outdoor storage, make use of the convenient extra large boat/RV covering. With its distinctive mid-century modern appeal, generous living spaces, and fantastic outdoor amenities, this home offers a wonderful blend of personality, functionality, and fun. A rare opportunity to own a home that is truly one-of-a-kind!

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Single Family Active

Price

$ 299,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 3,502

Style

Ranch

Lot Size

0.5

Year Built

1967

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22122613

Features
Interior
Interior Amenities Attic Access Attic Pull Down Stairs Hi-Speed Internet Availbl Smart Thermostat Wood Work Stained
Total Fireplaces 1
Fireplace Features Family Room
Basement (Y/N) N
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 3
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General
Heating Gas
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected
Possession Closing
Appliances Common Laundry Gas Cooktop ENERGY STAR Qualified Water Heater Electric Water Heater ENERGY STAR Qualified Appliances Disposal Gas Water Heater Humidifier Exhaust Fan Microwave Gas Oven Refrigerator W
Garage Spaces 2
Patio/Porch Features Covered Deck Patio
Architectural Style Ranch
Pool Features Above Ground
Construction Materials Brick Wood Siding Vinyl Siding
Year Built 1967
Electric 200+ Amp Service Circuit Breakers
Township Perry
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 9
Full Baths 3
Status Active
Directions GPS Friendly
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 21780
Property Attached Y/N N
Current Financing Conventional FHA VA
Additional Parcels Y/N N
Standard Status Active
Tax Lot 500
Legal Description Pt W1/2 Sw1/4 S4 T14 R4 Beg 862.5' S Of Ne Cor Pob S110' W198' N110' E198' To Beg
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Exterior
Exterior Amenities Fire Pit
Parking Features Attached Asphalt Garage Door Opener
Lot Features Not In Subdivision Storm Sewer Street Lights Suburb Mature Trees
Water Source Well Private
Foundation Details Block
Spa N
Building Area Total 2600
Lot Size Acres 0.5
Waterfront Y/N N
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

susanjohnson@callcarpenter.com

Email

Affordability Calculator

$2,357
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,065
Monthly Property Taxes
$292
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
4044910 Elementary School
4044906 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$299,000 -3.52% Price Down
10/8/2026$309,900 -7.49% Price Down
9/30/2026$335,000 -4.26% Price Down
9/10/2026$349,900 -1.44% Price Down
8/28/2026$355,000 Listed Price

Map


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5638 Gray Road SW, Indianapolis, IN, 46237 is a Single Family Home for sale at $299,000 with 2,600 sqft and a lot size of 0.5. 5638 Gray Road SW has 3 bedrooms, 3.0 baths, and was built in 1967. The property's zip code is 46237 which is in Indianapolis, IN