5133 Gray Rd Indianapolis, IN 46237
South Emerson NeighborhoodEstimated payment $7,571/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.
Listing Agent
Titan Real Estate, LLC Brokerage Email: Gary@TitanREalestateindy.com License #RB14029275 Listed on: 07/28/2025
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 |
|---|---|---|---|---|
| 2025 | $2,976 | $109,100 | $38,500 | $70,600 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 5233 Rum Cherry Way
- 1717 S 9th Ave
- 1701 S 9th Ave
- 4633 Shelbyville Rd
- 4330 N Dr
- 5519 Black Cherry Cir
- 5162 Arling Dr
- 3810 Cherry Blossom Blvd
- 5629 Gray Rd
- 5555 Cherry Field Dr
- 5623 Cherry Birch Dr
- 1449 Biloxi Ln
- 5602 Rum Cherry Way
- 3605 Redwood Dr
- 502 Dangerfield Dr
- 5120 S Bancroft St
- 5517 Blairwood Dr
- 413 Dangerfield Dr
- 5514 Coventry Park Way
- 4020 Klintilloch Ct
- 4880 Willow Glen Dr
- 5343 S Linwood Ave
- 4002 Cherry Blossom Blvd
- 4649 Strawbridge St
- 4603 S Sherman Dr
- 418 Andrea Dr
- 4929 Red Robin Dr
- 3410 Rue Chanel
- 5500 Emerson Way
- 3708 Lickridge Lane North Dr
- 5140 Emerson Village Place
- 4901 S Emerson Ave
- 5310 Shelbyville Rd
- 410 Grovewood Dr
- 5439 Durango Ct
- 4233 Carson Ln
- 240 Grovewood Place
- 4962 Candy Spots Ct
- 2121-2123 Fairfax Rd Unit 2121
- 4401 S Keystone Ave
Ask me questions while you tour the home.