5133 Gray Rd Indianapolis, IN 46237
South Emerson NeighborhoodEstimated payment $7,656/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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 | $380,000 | None Available | |
| Personal Reps Deed | $228,000 | Security Title Services | |
| Trustee Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Previous Owner | -- | No Value Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22053287
APN: 49-15-04-122-002.000-500
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