Pending

$180,000

520 N Gray St, Indianapolis, IN 46201

3beds

2,536sqft

$1,260/mo

Get pre-qualified

Residential, Single Family Residence

Built in 1915

5,227 Square Feet Lot

$-- Zestimate^®

$71/sqft

$-- HOA

What's special

This home must be sold to income-eligible buyers as their primary residence and purchased through the Indianapolis Neighborhood Housing Partnership (INHP). A buyer's income cannot exceed 80% of the area median income, and the buyer must be pre-approved for a mortgage loan through INHP or one of its lender partners. See attached income chart in supplemental attachments. Eligible buyers will be offered a "Fair Market Value Reduction" (subsidy) that will reduce their loan amount, and effectively, the purchase price of the home when sold.

38 days

524

59

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Level: Upper
Area: 168 Square Feet
Dimensions: 12x14

Bedroom 2

Level: Upper
Area: 110 Square Feet
Dimensions: 10x11

Bedroom 3

Level: Upper
Area: 90 Square Feet
Dimensions: 9x10

Dining room

Level: Main
Area: 108 Square Feet
Dimensions: 12x9

Kitchen

Level: Main
Area: 108 Square Feet
Dimensions: 9x12

Living room

Level: Main
Area: 220 Square Feet
Dimensions: 20x11

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator

Features

Attic Access, Breakfast Bar
Basement: Unfinished
Attic: Access Only

Interior area

Total structure area: 2,536
Total interior livable area: 2,536 sqft
Finished area below ground: 0

Property

Features

Levels: Two
Stories: 2

Lot

Size: 5,227 Square Feet

Details

Parcel number: 491005155026000101
Special conditions: Income Restrictions
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence

Materials

Cement Siding
Foundation: Block

Condition

New construction: No
Year built: 1915

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: Langes E Michigan St

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $71/sqft
Tax assessed value: $173,800
Annual tax amount: $2,082
Date on market: 7/17/2026
Cumulative days on market: 40 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/20/2026	Pending sale	$180,000$71/sqft
Source: MIBOR as distributed by MLS GRID #22114789 Report a problem
7/17/2026	Listed for sale	$180,000+2143.8%$71/sqft
Source: MIBOR as distributed by MLS GRID #22114789 Report a problem
3/18/2024	Sold	$8,022-23.5%$3/sqft
Source: Public Record Report a problem
4/4/2014	Sold	$10,492+133.2%$4/sqft
Source: Public Record Report a problem
1/24/2014	Sold	$4,500$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,683 -3%	$173,800 +12%
2024	$3,795 -5.2%	$155,200 -3%
2023	$4,002 +18.8%	$160,000 -5.6%
2022	$3,368 +15.2%	$169,500 +16.1%
2021	$2,922 +9%	$146,000 +15.7%
2020	$2,682 +14.2%	$126,200 +11.1%
2019	$2,349 -18.7%	$113,600 +15.2%
2018	$2,888 -6.3%	$98,600 +20.5%
2017	$3,083 +257.1%	$81,800 +16.7%
2016	$863 -34.6%	$70,100 +14.7%
2014	$1,321 +192.6%	$61,100 -14.2%
2013	$451	$71,200 +31.9%
2012	$451	$54,000 -3.6%
2011	--	$56,000
2010	$437 +11.4%	$56,000
2009	$392	$56,000
2007	--	$56,000 -14.5%
2003	--	$65,500 +163.1%
2002	--	$24,900 +186.2%
2001	--	$8,700
2000	--	$8,700