Skip main navigation
Pending
  • Price cut: $5K (2/26)
    $260,000

    5003 Gambel Rd, Indianapolis, IN 46221

    4beds
    1,976sqft
    : 
    Residential, Single Family Residence
    Built in 1973
    9,147.6 Square Feet Lot
    $-- Zestimate®
    $132/sqft
    $-- HOA

    What's special

    Streamlined functional floorplanStunning granite countersNew bay windowWarm neutral paintUpgraded light fixturesNew doorknobsHandmade wooden shutters
    This spacious 4 bedroom/2 bath home has been beautifully and thoughtfully renovated. The curb appeal is immediate with a new bay window, handmade wooden shutters, new stone veneer/Hardie board shingles for the front, and freshly mulched garden beds outlined with stones. The entire home has new luxury vinyl plank flooring and warm neutral paint, but the details are what will make you want to linger- upgraded light fixtures, new doorknobs, the amazing tiling in both showers, and most of all a streamlined, functional floorplan to fit the modern buyer. The kitchen has all new white Shaker cabinets, new appliances (including a garbage disposal), and absolutely stunning granite counters- there's so much storage space for Cosco runs and counter space for meal prep! The kitchen window overlooks the large, fenced backyard lined by trees in the back with a newer upper deck with new stairs from which to enjoy the view. The primary suite has double closets, and the connected spacious primary bathroom has a high-end double vanity and a tiled shower/tub combo. The three additional bedrooms share a large second bathroom that also has double vanities and a tiled shower/tub combo. The living room and dining room are very open concept and span so far that they have multiple activity zones within them. Trees were trimmed or removed; all the decking and 30-yr dimensional shingles on the roof are new. The HVAC and water heater were recently serviced. In addition, all the plumbing and ductwork are new! Once the homestead tax exemption is filed, future property tax bills will drop significantly. Comes with a home warranty of buyer's choice. This property qualifies for a $7,500 grant with a local lender- ask your agent for more information!
    51 days
    |
    508
    |
    24
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 02, 2026 at 04:22pm

    Listing Provided by:

    Elizabeth Ewbank 317-258-7019,

    Highgarden Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22083099MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 176 Square Feet
      • Dimensions: 16x11
      Bedroom 2
      • Level: Upper
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 3
      • Level: Upper
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Bedroom 4
      • Level: Upper
      • Area: 90 Square Feet
      • Dimensions: 9x10
      Dining room
      • Level: Upper
      • Area: 255 Square Feet
      • Dimensions: 17x15
      Kitchen
      • Level: Upper
      • Area: 171 Square Feet
      • Dimensions: 9x19
      Living room
      • Level: Main
      • Area: 297 Square Feet
      • Dimensions: 27x11
      Utility room
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 10x11
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
      • Laundry: In Unit, Connections All, Laundry Room, In Basement
      Features
      • Attic Access, Double Vanity, Ceiling Fan(s), High Speed Internet, Smart Thermostat
      • Windows: Wood Work Painted
      • Has basement: No
      • Attic: Access Only
      Interior area
      • Total structure area: 1,976
      • Total interior livable area: 1,976 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached
      • Attached garage spaces: 1
      Features
      • Levels: Multi/Split
      • Patio & porch: Covered, Deck
      • Fencing: Fenced
      Lot
      • Size: 9,147.6 Square Feet
      Details
      • Parcel number: 491131119009000200
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Residential, Single Family Residence
      Materials
      • Shingle Siding, Vinyl With Stone
      • Foundation: Slab, Block
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s)
      • Subdivision: Cloverleaf Village
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $132/sqft
      • Tax assessed value: $169,300
      • Annual tax amount: $3,782
      • Date on market: 2/7/2026
      • Cumulative days on market: 52 days
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/3/2026Pending sale$260,000$132/sqft
        Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
        2/26/2026Price change$260,000-1.9%$132/sqft
        Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
        2/13/2026Price change$265,000-3.6%$134/sqft
        Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
        2/7/2026Listed for sale$275,000+243.8%$139/sqft
        Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
        10/30/2025Sold$80,000$40/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$3,669 +10.6%$169,300 +3%
        2023$3,318 +23%$164,300 +10.6%
        2022$2,697 +1.4%$148,600 +25.7%
        2021$2,661 +14.1%$118,200 +0.7%
        2020$2,333 -11.5%$117,400 +14.8%
        2019$2,635 +135.2%$102,300 +2%
        2018$1,120 -2.1%$100,300 +0.6%
        2017$1,145 +19.4%$99,700 +3.3%
        2016$959 -1.9%$96,500 +6.5%
        2014$977 +22.1%$90,600 +7.7%
        2013$800 $84,100 +2.3%
        2012$800 $82,200 -5.3%
        2011-- $86,800 -1.6%
        2010$890 +19.2%$88,200 +0.8%
        2009$747 $87,500 -14.4%
        2007-- $102,200 +7.7%
        2006-- $94,900 -11.6%
        2005-- $107,400
        2004-- $107,400
        2003-- $107,400 +119.2%
        2002-- $49,000 +200.1%
        2001-- $16,330
        2000-- $16,330

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $1,511/mo
        Principal & interest
        $1303
        Property taxes
        $208
        More affordability tools

          Climate risks

          Neighborhood: Mars Hill

          Getting around

          14 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          28 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Middle: Decatur Middle School

          Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 46221

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel