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Sold
  • $265,000

    5003 Gambel Rd, Indianapolis, IN 46221

    4beds
    1,976sqft
    Residential, Single Family Residence
    Built in 1973
    9,147.6 Square Feet Lot
    $265,000 Zestimate®
    $134/sqft
    $1,847 Estimated rent

    Home value

    $265,000

    $252,000 - $278,000

    $1,847/mo

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    What's special

    This spacious 4 bedroom/2 bath home has been beautifully and thoughtfully renovated. The curb appeal is immediate with a new bay window, handmade wooden shutters, new stone veneer/Hardie board shingles for the front, and freshly mulched garden beds outlined with stones. The entire home has new luxury vinyl plank flooring and warm neutral paint, but the details are what will make you want to linger- upgraded light fixtures, new doorknobs, the amazing tiling in both showers, and most of all a streamlined, functional floorplan to fit the modern buyer. The kitchen has all new white Shaker cabinets, new appliances (including a garbage disposal), and absolutely stunning granite counters- there's so much storage space for Cosco runs and counter space for meal prep! The kitchen window overlooks the large, fenced backyard lined by trees in the back with a newer upper deck with new stairs from which to enjoy the view. The primary suite has double closets, and the connected spacious primary bathroom has a high-end double vanity and a tiled shower/tub combo. The three additional bedrooms share a large second bathroom that also has double vanities and a tiled shower/tub combo. The living room and dining room are very open concept and span so far that they have multiple activity zones within them. Trees were trimmed or removed; all the decking and 30-yr dimensional shingles on the roof are new. The HVAC and water heater were recently serviced. In addition, all the plumbing and ductwork are new! Once the homestead tax exemption is filed, future property tax bills will drop significantly. Comes with a home warranty of buyer's choice. This property qualifies for a $7,500 grant with a local lender- ask your agent for more information!

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2026 at 12:42am

    Listing Provided by:

    Elizabeth Ewbank 317-258-7019,

    Highgarden Real Estate

    Bought with:

    Jared Risk

    F.C. Tucker Company

    Noah Harris

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22083099MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16x11
    Bedroom 2
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 3
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 4
    • Level: Upper
    • Area: 90 Square Feet
    • Dimensions: 9x10
    Dining room
    • Level: Upper
    • Area: 255 Square Feet
    • Dimensions: 17x15
    Kitchen
    • Level: Upper
    • Area: 171 Square Feet
    • Dimensions: 9x19
    Living room
    • Level: Main
    • Area: 297 Square Feet
    • Dimensions: 27x11
    Utility room
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
    • Laundry: In Unit, Connections All, Laundry Room, In Basement
    Features
    • Attic Access, Double Vanity, Ceiling Fan(s), High Speed Internet, Smart Thermostat
    • Windows: Wood Work Painted
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 1,976
    • Total interior livable area: 1,976 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Levels: Multi/Split
    • Patio & porch: Covered, Deck
    • Fencing: Fenced
    Lot
    • Size: 9,147 sqft
    Details
    • Parcel number: 491131119009000200
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Shingle Siding, Vinyl With Stone
    • Foundation: Slab, Block
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Indianapolis
    • Subdivision: Cloverleaf Village

    Price history

    DateEventPrice
    4/3/2026Sold$265,000+1.9%$134/sqft
    Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
    3/3/2026Pending sale$260,000$132/sqft
    Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
    2/26/2026Price change$260,000-1.9%$132/sqft
    Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
    2/13/2026Price change$265,000-3.6%$134/sqft
    Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
    2/7/2026Listed for sale$275,000+243.8%$139/sqft
    Source: MIBOR as distributed by MLS GRID #22083099 Report a problem
    10/30/2025Sold$80,000$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,669 +10.6%$169,300 +3%
    2023$3,318 +23%$164,300 +10.6%
    2022$2,697 +1.4%$148,600 +25.7%
    2021$2,661 +14.1%$118,200 +0.7%
    2020$2,333 -11.5%$117,400 +14.8%
    2019$2,635 +135.2%$102,300 +2%
    2018$1,120 -2.1%$100,300 +0.6%
    2017$1,145 +19.4%$99,700 +3.3%
    2016$959 -1.9%$96,500 +6.5%
    2014$977 +22.1%$90,600 +7.7%
    2013$800 $84,100 +2.3%
    2012$800 $82,200 -5.3%
    2011-- $86,800 -1.6%
    2010$890 +19.2%$88,200 +0.8%
    2009$747 $87,500 -14.4%
    2007-- $102,200 +7.7%
    2006-- $94,900 -11.6%
    2005-- $107,400
    2004-- $107,400
    2003-- $107,400 +119.2%
    2002-- $49,000 +200.1%
    2001-- $16,330
    2000-- $16,330

    Find assessor info on the county website

    Neighborhood: Mars Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Decatur Middle 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
    $265,000
    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
    $265,000