Active

Price cut: $100 (6/17)

$218,861

3939 Gray Pond Ct, Indianapolis, IN 46237

2beds

1,222sqft

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Residential, Condominium

Built in 2002

-- sqft lot

$-- Zestimate^®

$179/sqft

$195/mo HOA

What's special

Split-bedroom designPrivate laundryVaulted ceilingsQuiet streetBack patio

Gray Farm Estates - Move-in ready all-brick 2BR/2BA paired patio ranch with 2-car garage. 1222 sq ft open-concept layout with vaulted ceilings, split-bedroom design, private laundry, and spacious primary suite with walk-in closet & shower. Enjoy the back patio on a summer day. Low-maintenance living with HOA covering lawncare, exterior maintenance, and snow removal. Quiet street, yet minutes to I-65, I-465, US 31, Madison Ave, Old Town Greenwood, UIndy, IU Indianapolis, Community South & St. Francis hospitals, plus shopping, dining, Costco, and more.

158 days

309

18

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 182 Square Feet
Dimensions: 14x13

Bedroom 2

Level: Main
Area: 132 Square Feet
Dimensions: 12x11

Great room

Level: Main
Area: 255 Square Feet
Dimensions: 17x15

Kitchen

Level: Main
Area: 117 Square Feet
Dimensions: 13x9

Laundry

Level: Main
Area: 48 Square Feet
Dimensions: 8x6

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Laundry: Main Level

Features

Attic Pull Down Stairs, Cathedral Ceiling(s), Entrance Foyer, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Pantry, Walk-In Closet(s)
Has basement: No
Attic: Pull Down Stairs
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 1,222
Total interior livable area: 1,222 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2
Details: Garage Parking Other(Finished Garage)

Features

Levels: One
Stories: 1
Entry location: Free Standing
Patio & porch: Patio, Covered

Lot

Size: 4,356 Square Feet
Features: Cul-De-Sac, Street Lights, Trees-Small (Under 20 Ft)

Details

Parcel number: 491516101017000500
Special conditions: As Is
Horse amenities: None

Construction

Type & style

Home type: Condo
Architectural style: Ranch,Traditional
Property subtype: Residential, Condominium
Attached to another structure: Yes

Materials

Brick, Vinyl Siding
Foundation: Slab

Condition

New construction: No
Year built: 2002

Utilities & green energy

Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Gray Farm Estates

HOA

Has HOA: Yes
Amenities included: Insurance, Maintenance Grounds, Snow Removal
Services included: Association Home Owners, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal
HOA fee: $195 monthly
HOA phone: 317-875-5600

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $179/sqft
Tax assessed value: $213,700
Annual tax amount: $2,725
Date on market: 2/4/2026
Cumulative days on market: 159 days
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/17/2026	Price change	$218,8610%$179/sqft
Source: MIBOR as distributed by MLS GRID #22082597 Report a problem
5/7/2026	Price change	$218,961-0.5%$179/sqft
Source: MIBOR as distributed by MLS GRID #22082597 Report a problem
2/4/2026	Listed for sale	$220,000+57.1%$180/sqft
Source: MIBOR as distributed by MLS GRID #22082597 Report a problem
8/13/2019	Sold	$140,000+3.7%$115/sqft
Source: MIBOR as distributed by MLS GRID #21656031 Report a problem
7/30/2019	Pending sale	$135,000$110/sqft
Source: CENTURY 21 Scheetz #21656031 Report a problem
7/24/2019	Listed for sale	$135,000$110/sqft
Source: MIBOR REALTOR Association #21656031 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,636 +19.1%	$213,700 +2.3%
2024	$2,213 +6.4%	$208,800 +14.4%
2023	$2,079 +4.2%	$182,500 +10.9%
2022	$1,995 +17.5%	$164,600 +5.2%
2021	$1,698 +210.1%	$156,400 +16.5%
2020	$547 +2%	$134,300 +11.4%
2019	$537 -3.9%	$120,600 +10.4%
2018	$558 -5.6%	$109,200 +8.8%
2017	$591 +16.9%	$100,400 +1.8%
2016	$506 +2%	$98,600 -4.5%
2014	$496 +4%	$103,200
2013	$477	$103,200 +1.7%
2012	$477	$101,500 +0.1%
2011	--	$101,400 +4%
2010	$458 +2%	$97,500 -6%
2009	$449	$103,700 -11.4%
2007	--	$117,000
2006	--	$117,000 +22.9%
2005	--	$95,200
2004	--	$95,200

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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