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    • $1,353,000

    5133 Gray Rd, Indianapolis, IN 46237

    --beds
    --baths
    8.21Acres
    Unimproved Land
    Built in ----
    8.21 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large corner lot
    Large corner lot at intersection with a stop light. Lots of frontage on Shelbyville Road. Would be ideal for a school, church, park or possibly a residential development, with appropriate approvals. Utilities presumed to be available at lot.
    263 days
    |
    171
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Gary Boehle 317-432-3061,

    Titan Real Estate, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22053287MLS Logo

      Facts & features

      Property

      Lot
      • Size: 8.21 Acres
      • Features: Corner, Irregular Lot, Mature Trees
      • Topography: Flood Plain Partial,See Remarks
      Details
      • Additional structures: Tenant House
      • Parcel number: 491504122002000500
      • Zoning: DA
      • Zoning description: Commercial
      • Horse amenities: None

      Utilities & green energy

      • Sewer: See Remarks
      • Water: See Remarks

      Community & HOA

      Community
      • Subdivision: No Subdivision
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $116,900
      • Annual tax amount: $2,976
      • Date on market: 7/28/2025
      • Cumulative days on market: 265 days
      • Listing terms: Sell Entity
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2025Listed for sale$1,353,000+493.4%
        Source: MIBOR as distributed by MLS GRID #22053287 Report a problem
        1/22/2019Sold$228,000-23.7%
        Source: Public Record Report a problem
        11/27/2018Pending sale$299,000
        Source: OK Baird, LLC #21545123 Report a problem
        10/29/2018Price change$299,000-25.3%
        Source: OK Baird, LLC #21545123 Report a problem
        10/11/2018Listed for sale$400,000
        Source: OK Baird, LLC #21545123 Report a problem
        8/9/2018Pending sale$400,000
        Source: OK Baird, LLC #21545123 Report a problem
        2/7/2018Listed for sale$400,000+2.6%
        Source: OK Baird, LLC #21545123 Report a problem
        2/13/2017Listing removed$390,000
        Source: OK Baird, LLC #21448496 Report a problem
        10/14/2016Price change$390,000+33.3%
        Source: OK Baird, LLC #21448496 Report a problem
        7/13/2016Listed for sale$292,500-33.9%
        Source: OK Baird, LLC #21448496 Report a problem
        5/17/2016Listing removed$442,500
        Source: OK Baird, LLC #21353822 Report a problem
        2/22/2016Listed for sale$442,500
        Source: MIBOR REALTOR Association #21353822 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,891 +10.9%$116,900 +2.8%
        2023$2,606 +13.2%$113,700 +11.6%
        2022$2,302 +1.4%$101,900 +14.9%
        2021$2,269 +90.2%$88,700 +2.1%
        2020$1,193 +3.3%$86,900 +91.4%
        2019$1,154 -1.9%$45,400 +2.3%
        2018$1,177 -2.7%$44,400 -1.8%
        2017$1,209 -33%$45,200 +1.1%
        2016$1,805 +38.6%$44,700 -16.8%
        2014$1,302 +5.6%$53,700 +3.7%
        2013$1,233 $51,800 -25.7%
        2012$1,233 $69,700 +6.3%
        2011-- $65,600 +0.8%
        2010$1,317 +1.1%$65,100 +0.3%
        2009$1,302 $64,900 -7%
        2007-- $69,800

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Emerson

        Getting around

        14 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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