5133 Gray Rd Indianapolis, IN 46237
South Emerson NeighborhoodEstimated payment $7,316/month
About This 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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,976
Lot Details
- 8.21 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 491504122002000500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,027 | $116,900 | $39,500 | $77,400 |
| 2023 | $4,027 | $113,700 | $37,100 | $76,600 |
| 2022 | $2,692 | $104,500 | $37,100 | $67,400 |
| 2021 | $2,354 | $88,700 | $33,200 | $55,500 |
| 2020 | $2,319 | $86,900 | $33,200 | $53,700 |
| 2019 | $1,241 | $45,400 | $31,100 | $14,300 |
| 2018 | $1,201 | $44,400 | $31,400 | $13,000 |
| 2017 | $1,222 | $45,200 | $33,000 | $12,200 |
| 2016 | $1,209 | $44,700 | $33,700 | $11,000 |
| 2014 | $1,302 | $53,700 | $34,300 | $19,400 |
| 2013 | $1,260 | $51,800 | $32,400 | $19,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $1,353,000 | +493.4% | -- | |
| 01/14/2019 01/14/19 | Sold | $228,000 | -23.7% | $158 / Sq Ft | View Prior Sale |
| 11/27/2018 11/27/18 | Pending | -- | -- | -- | |
| 10/29/2018 10/29/18 | Price Changed | $299,000 | -25.3% | $208 / Sq Ft | |
| 10/11/2018 10/11/18 | For Sale | $400,000 | 0.0% | $278 / Sq Ft | |
| 08/08/2018 08/08/18 | Pending | -- | -- | -- | |
| 08/06/2018 08/06/18 | For Sale | $400,000 | +75.4% | $278 / Sq Ft | |
| 08/05/2018 08/05/18 | Off Market | $228,000 | -- | -- | |
| 02/07/2018 02/07/18 | For Sale | $400,000 | -- | $278 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $380,000 | None Available | |
| Personal Reps Deed | $228,000 | Security Title Services | |
| Trustee Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22053287
APN: 49-15-04-122-002.000-500
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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