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  • $248,508

    5349 Gambel Rd, Indianapolis, IN 46221

    3beds
    2,288sqft
    Residential, Single Family Residence
    Built in 1974
    0.25 Acres Lot
    $248,600 Zestimate®
    $109/sqft
    $1,944 Estimated rent

    Home value

    $248,600

    $234,000 - $264,000

    $1,944/mo

    Zestimate® history
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    What's special

    Beautiful fireplaceLarge wooden deckPeaceful natural settingTwo additional bedroomsFormal dining roomImpressive oversized rain showerBeautifully updated kitchen
    Welcome home to this charming and beautifully maintained 3-bedroom, 2-bath ranch that offers the perfect blend of comfort, functionality, and future potential. At the heart of the home is the beautifully updated kitchen featuring newer stainless steel appliances, including a double oven, gas cooktop, refrigerator, and dishwasher. A large center island with a professional-grade sink provides the ideal space for meal preparation, entertaining, and everyday living, while abundant cabinetry ensures plenty of storage. Just off the kitchen, the formal dining room creates a warm and inviting gathering space, highlighted by a beautiful fireplace that adds character and charm to every meal, holiday celebration, or evening spent with family and friends. Continue into the spacious living room where you can relax, unwind, and enjoy time with guests in a comfortable setting designed for everyday living. The primary suite serves as a private retreat with its own full bath featuring an impressive oversized rain shower for a spa-like experience. Two additional bedrooms and a second full bath provide flexibility for family, guests, or a home office. One of the most exciting features of this home is the nearly 1,000 square feet of unfinished basement space. With ample room and endless possibilities, this expansive lower level is ready to be transformed into additional living space, a recreation room, home theater, fitness area, workshop, or whatever best fits your lifestyle. The potential to significantly expand the home's usable square footage makes this an exceptional opportunity for the next owner. Step outside and discover a backyard that feels worlds away from city living. Mature trees provide remarkable privacy and create a peaceful natural setting rarely found in Indianapolis. The large wooden deck offers the perfect space for outdoor dining, entertaining guests, grilling on summer evenings, or simply relaxing and enjoying the view. Whether hosting gatherings or

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Steward 317-270-4898,

    F.C. Tucker Company

    Bought with:

    Stacey Brown

    Keller Williams Indy Metro NE

    Source: MIBOR as distributed by MLS GRID,MLS#: 22106964MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 15x9
    Bedroom 2
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Bedroom 3
    • Level: Main
    • Area: 104 Square Feet
    • Dimensions: 13x8
    Family room
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Kitchen
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17x12
    Living room
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Heating
    • Heat Pump, Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Double Oven, Gas Oven, Refrigerator, Washer
    Features
    • Built-in Features, Eat-in Kitchen
    • Windows: Wood Work Stained
    • Basement: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,288
    • Total interior livable area: 2,288 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: Fenced,Full
    Lot
    • Size: 0.25 Acres
    • Features: Sidewalks, Mature Trees
    Details
    • Parcel number: 491236109018000200
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Aluminum Siding, Brick
    • Foundation: Block, Crawl Space
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Cloverleaf Village
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $188,300
    • Annual tax amount: $2,216
    • Date on market: 6/9/2026
    • Cumulative days on market: 7 days

    Price history

    DateEventPrice
    7/14/2026Sold$248,508-4.4%$109/sqft
    Source: MIBOR as distributed by MLS GRID #22106964 Report a problem
    6/16/2026Pending sale$260,000$114/sqft
    Source: MIBOR as distributed by MLS GRID #22106964 Report a problem
    6/9/2026Listed for sale$260,000+117.6%$114/sqft
    Source: MIBOR as distributed by MLS GRID #22106964 Report a problem
    9/10/2018Sold$119,500$52/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,216 +11.6%$188,300 -5.6%
    2024$1,985 +10%$199,400 +11%
    2023$1,805 +24.5%$179,700 +10.4%
    2022$1,450 +1.2%$162,700 +25.5%
    2021$1,433 +7.4%$129,600 +0.6%
    2020$1,334 +10.4%$128,800 +7.5%
    2019$1,208 +5.3%$119,800 +8.8%
    2018$1,147 -1.3%$110,100 +8.9%
    2017$1,163 +18.2%$101,100 +3.4%
    2016$984 -1%$97,800 +7.1%
    2014$994 +20.3%$91,300 +7.8%
    2013$826 $84,700 +1.8%
    2012$826 $83,200 -2.6%
    2011-- $85,400 -1.6%
    2010$884 +22.2%$86,800 +0.8%
    2009$724 $86,100 -14.2%
    2007-- $100,300 +7.6%
    2006-- $93,200 +5.7%
    2005-- $88,200
    2004-- $88,200
    2003-- $88,200 +73.6%
    2002-- $50,800 +199.9%
    2001-- $16,940
    2000-- $16,940
    Find assessor info on the county website

    Neighborhood: Mars Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $248,600
    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
    $248,600