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Sold
  • $150,000

    4832 Gambel Rd, Indianapolis, IN 46221

    3beds
    1,104sqft
    Residential, Single Family Residence
    Built in 1969
    9,583.2 Square Feet Lot
    $150,000 Zestimate®
    $136/sqft
    $1,382 Estimated rent

    Home value

    $150,000

    $143,000 - $158,000

    $1,382/mo

    Zestimate® history
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    What's special

    A great find! This 3 bedroom, 1 bath home offers 1,104 sq ft of living space on a sizeable, fenced lot with an attached 2 car garage. Located close to Decatur schools, shopping, and commute routes. Recent mechanical updates include a new HVAC system and water heater installed in 2023. A great opportunity to add value and make your own with a little sweat equity. The home could benefit from some cosmetic updates but has solid structure and strong potential. Ideal for first-time buyers ready to put in a little work or investors looking for their next project.

    Zillow last checked: 8 hours ago

    Listing updated: November 04, 2025 at 07:34am

    Listing Provided by:

    Jaylen Sprague 317-476-7479,

    Carpenter, REALTORS®

    Bought with:

    Dena Baker

    Dena's Place Real Estate Servi

    Source: MIBOR as distributed by MLS GRID,MLS#: 22064707MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 3
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Living room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Oven, Refrigerator, Water Heater
    Features
    • Hardwood Floors, High Speed Internet, Eat-in Kitchen
    • Flooring: Hardwood
    • Has basement: No
    Interior area
    • Total structure area: 1,104
    • Total interior livable area: 1,104 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Gravel, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 9,583 sqft
    Details
    • Parcel number: 491131103008000200
    • Special conditions: As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Mayflower Park

    Price history

    DateEventPrice
    11/3/2025Sold$150,000-11.5%$136/sqft
    Source: MIBOR as distributed by MLS GRID #22064707 Report a problem
    10/6/2025Pending sale$169,500$154/sqft
    Source: MIBOR as distributed by MLS GRID #22064707 Report a problem
    10/2/2025Price change$169,500-0.3%$154/sqft
    Source: MIBOR as distributed by MLS GRID #22064707 Report a problem
    9/25/2025Listed for sale$170,000+105.1%$154/sqft
    Source: MIBOR as distributed by MLS GRID #22064707 Report a problem
    8/23/2016Sold$82,900+0.5%$75/sqft
    Source: MIBOR as distributed by MLS GRID #21429836 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,039 +10.6%$122,900 +16.1%
    2023$939 +4%$105,900 +9.2%
    2022$903 +8.5%$97,000 +8%

    Find assessor info on the county website

    Neighborhood: Mars Hill

    Nearby schools

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

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    Estimated market value

    $150,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $150,000