5136 Gambel Road
Indianapolis, IN 46221
4
Bed
2
Bath
1,278Sqft
0.28Acre(Lot)
Investor special with numerous updates already completed-this is a great opportunity to add value with minimal upfront work. This spacious four-bedroom home offers a functional layout in an established and well-established neighborhood, making it ideal for investors, flippers, or buyers looking to build equity quickly. Recent improvements include new flooring and fresh interior paint, giving the home a clean and updated feel throughout. The property is being sold as-is, providing flexibility for the next owner to finish remaining updates or customize to their vision. Additional highlights include handicap accessibility features, adding versatility and long-term appeal. With solid bones, recent upgrades, and strong potential, this home is ready for its next chapter. Don't miss the
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Rooms Total: 7Interior Features
Attic Access, Handicap Accessible Interior, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen Appliances: Electric Cooktop, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator Laundry Features: In Unit, Main Level -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Natural Gas Cooling: Central Air WaterSource: Public
-
Building Information
Year Built: 1971 -
Exterior Features
Other Construction Materials: Brick Foundation Details: Crawl Space
-
Lot Information
Lot Description: Not In Subdivision Lot Square Feet: 12327 Lot Acres: 0.28Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Colonial
-
Listing Price Information
Original List Price:$249900
-
Tax Information
Tax Lot: 49-11-31-119-024.000-200 Tax Legal Description: Cloverleaf Village 3rd Sec L079 Tax Year: 2024 Parcel Number: 491131119024000200 Tax Exemption: Homestead Tax Exemption Filed Not Reflected
-
Parking Information
AttachedGarage Information
Has Garage: Yes Garage Space: 2 Garage SQFT: 529 Garage SQFT: Garage Door Opener
-
School Information
Elementary School: Blue Academy Junior High School: Decatur Middle School Senior High School: Decatur Central High School -
Utility Information
Cable Available, Electricity Connected, Natural Gas Connected, Water Connected Water Source: Public -
Location Information
Subdivision: Cloverleaf Village City: Indianapolis Direction: GPS Friendly
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 833 Birch Avenue, Indianapolis, IN, 46221 | $274,900 | 3 | 3 | 1,600 | 1,600 SqFt |
| 910 Marion Avenue, Indianapolis, IN, 46221 | $250,000 | 3 | 2 | 1,532 | 1,532 SqFt |
| 910 Marion Avenue, Indianapolis, IN, 46221 | $295,000 | 3 | 2 | 2,504 | 2,504 SqFt |
| 644 Marion Avenue, Indianapolis, IN, 46221 | $195,000 | 3 | 2 | 2,175 | 2,175 SqFt |
| 817 Division Street, Indianapolis, IN, 46221 | $164,900 | 4 | 2 | 2,690 | 2,690 SqFt |
| 651 Division Street, Indianapolis, IN, 46221 | $124,500 | 2 | 1 | 728 | 728 SqFt |
| 1467 Blaine Avenue, Indianapolis, IN, 46221 | $74,900 | 3 | 1 | 980 | 980 SqFt |
| 1621 Oliver Avenue, Indianapolis, IN, 46221 | $125,000 | 2 | 1 | 1,080 | 1,080 SqFt |
| 1221 W Lee Street, Indianapolis, IN, 46221 | $170,000 | 2 | 2 | 999 | 999 SqFt |
| 1434 Lee Street, Indianapolis, IN, 46221 | $175,000 | 3 | 1 | 1,911 | 1,911 SqFt |
Similar Homes To 5136 Gambel Road
Nearby For Sale
Disclaimer: The information being provided courtesy of MIBOR REALTOR® Association as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MIBOR REALTOR® Association. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MIBOR REALTOR® Association. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 07/03/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
ByOwner last updated this listing 07/03/2026 @ 18:20
More Cities with for Sale by Owner Homes
- Indianapolis Homes For Sale By Owner
- Beech Grove Homes For Sale By Owner
- Lawrence Homes For Sale By Owner
- Cumberland Homes For Sale By Owner
- Speedway Homes For Sale By Owner
- Greenwood Homes For Sale By Owner
- New Palestine Homes For Sale By Owner
- Carmel Homes For Sale By Owner
- McCordsville Homes For Sale By Owner
- Fishers Homes For Sale By Owner
- Camby Homes For Sale By Owner
- Whiteland Homes For Sale By Owner
- New Whiteland Homes For Sale By Owner
- Zionsville Homes For Sale By Owner
- Brownsburg Homes For Sale By Owner
- Plainfield Homes For Sale By Owner
- Fairland Homes For Sale By Owner
- Greenfield Homes For Sale By Owner
- Fountaintown Homes For Sale By Owner
- Fortville Homes For Sale By Owner
Homes around $249,900
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.