Open House Sun, Sep 13th 02:00 PM - 04:00 PM - Price Reduction - Fixer Upper
Address
5136 Gambel Road, Indianapolis, IN
Price
$ 230,000
Property Attributes
  • MLS#22111774
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaDecatur
  • NeighborhoodCloverleaf Village
  • Zip46221
  • StyleColonial
  • Year Built1971
  • Taxes$ 3970
  • Price$ 230,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1278
  • Lot Size0.28 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

This charming two-story, 4-bedroom, 1.5-bathroom home in Decatur Township offers the perfect blend of modern updates, incredible value, and spacious outdoor space. Complete with an attached two-car garage plus an additional detached two-car metal garage, offering buyers with more garage capacity-perfect for car enthusiasts, a workshop, a small boat , or extra storage! Step inside to find a functional layout loaded with upgrades. The heart of the home features brand-new vinyl flooring in the kitchen (2026), fresh paint throughout, and newly updated faucets. A comprehensive 2019 renovation brought massive value, including new kitchen cabinets, updated electrical systems, updated furnace and AC unit for buyers peace of mind. Under the carpets upstairs you will find beautifully well kept hardwood floors giving buyers the option of throwing out the included carpets. The exterior is a true standout feature. Step out onto the back porch to enjoy a spacious, fully fenced backyard that offers a private oasis for children, pets, or outdoor entertaining. With minimal work needed, this property is truly move-in ready and offers an incredible opportunity for primary buyers or investors alike. * Terms: Being sold strictly As-Is. * Financing: Open to conventional Don't miss out on this Decatur Township gem-schedule your showing today!

Elementary School Middle School High School
Blue Academy Elementary School Decatur Middle School Decatur Central High School
Price History
7/2/2026 Listed $249,900
7/23/2026 3$244,900
8/8/2026 3$240,000
8/28/2026 3$235,000
9/4/2026 3$230,000

General Features

Heating Natural Gas
Cooling Central Air
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Water Connected
Possession Closing
Appliances Electric Cooktop,Electric Water Heater,Disposal,Microwave,Electric Oven,Refrigerator
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Colonial
Construction Materials Brick
Year Built 1971
Township Decatur
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Stair Lift
County Marion
New Construction No
Property Type Residential
Subdivision Name Cloverleaf Village
Garage Y/N Yes
Total Rooms 7
Full Baths 1
Status Active
Directions GPS Friendly
High School Decatur Central High School
City Indianapolis
High School District MSD Decatur Township
MLS Area 4908 - Marion - Decatur
Lot Size Square Feet 12327
Elementary School Blue Academy
Property Attached Y/N No
Current Financing Conventional
Middle/Junior High School Decatur Middle School
Property Condition Fixer
Additional Parcels Y/N No
Standard Status Active
Tax Lot 49-11-31-119-024.000-200
Legal Description Cloverleaf Village 3rd Sec L079

Interior Features

Interior Amenities Attic Access,Handicap Accessible Interior,Hi-Speed Internet Availbl,Eat-in Kitchen
Basement (Y/N) No
Half Baths 1
Laundry Features In Unit,Main Level
Total Bedrooms 4
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities Other
Fencing Chain Link
Parking Features Attached
Lot Features Not In Subdivision
Water Source Public
Foundation Details Crawl Space
Spa No
Building Area Total 1278
Lot Size Acres 0.28
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46221

Price
AVG $220K
$230K
Taxes
AVG $2,628
$3,970
Year Built
AVG 1958
1971
Visits
AVG 65
60
Data Provided by Inside Real Estate®