3917 Gray Arbor Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$223,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,255 sqft

3917 Gray Arbor Dr, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,424/mo*
Refinance Your Home
Currently Off Market - Sold Apr 12, 2013 for $96,000

Home Value

Trulia Estimate
$224K
Since last month
Decreased$3K (-1.1%)
Since last year
Increased$4K (+1.8%)
Since last sale
Increased$128K (+133.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +90% in the last 10 years
MonthEstimated value
2026
August 2026$224K
August 2026$224K
July 2026$227K
June 2026$227K
May 2026$228K
April 2026$225K
March 2026$223K
February 2026$221K
January 2026$216K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4038 Gray Arbor Way, Indianapolis, IN
0.13
Single-Family Home
$226,000
01/22/26
3
2
1,276
6436 Perry Pines Ct, Indianapolis, IN
0.24
Single-Family Home
$217,500
06/12/26
3
2
1,296
4140 E Cragmont Dr, Indianapolis, IN
0.21
Single-Family Home
$94,573
01/20/26
3
2
1,649
3915 E Brunswick Ave, Indianapolis, IN
0.33
Single-Family Home
$239,000
12/15/25
3
2
1,212
2015 Pheasant Grove Dr, Danville, IN
0.50
Single-Family Home
$349,990
11/04/25
3
2
1,533
4025 Maple Manor Dr, Indianapolis, IN
0.31
Single-Family Home
$265,000
09/09/26
3
2
1,524
5773 Saint Simons Dr, Indianapolis, IN
0.42
Single-Family Home
$284,000
05/01/26
3
2
2,820
4307 Knoll Top Dr, Indianapolis, IN
0.32
Single-Family Home
$261,500
04/03/26
3
2
3,080
5519 Black Cherry Cir, Indianapolis, IN
0.66
Single-Family Home
$252,000
06/04/26
3
2
1,518
3602 Redwood Dr, Indianapolis, IN
0.76
Single-Family Home
$117,597
06/01/26
4
2
1,816

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3916 Gray Arbor Way, Indianapolis, IN 46237
0.01
$216,600
3
2
1,014
Off Market
4038 Gray Arbor Way, Indianapolis, IN 46237
0.13
$226,000
3
2
1,276
Recently Sold
6115 S Gray Rd, Indianapolis, IN 46237
0.19
$261,500
3
2
1,890
Off Market
3303 Busy Bee Ln, Indianapolis, IN 46227
0.25
$271,000
4
2.5
1,800
Off Market
6424 Perry Pines Ct, Indianapolis, IN 46237
0.22
$220,900
3
2
1,252
Off Market
4212 Fairhope Dr, Indianapolis, IN 46237
0.21
$231,700
3
1
1,416
Off Market
6432 Perry Pines Ct, Indianapolis, IN 46237
0.22
$244,500
4
2
1,820
Off Market
3525 Payne Dr, Indianapolis, IN 46227
0.26
$371,000
3
2.5
3,762
Off Market
6436 Perry Pines Ct, Indianapolis, IN 46237
0.24
$217,500
3
2
1,296
Recently Sold
4222 Fairhope Dr, Indianapolis, IN 46237
0.23
$222,800
3
1
1,196
Off Market
3916 E Edgewood Ave, Indianapolis, IN 46237
0.25
$298,100
3
2.5
1,805
Off Market
4204 E Cragmont Dr, Indianapolis, IN 46237
0.23
$247,500
3
2
1,234
For Sale

Local Information

  • Map ViewExplore the area around 3917 Gray Arbor Dr.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1997
1,255 sqft
$178/sqft
Garage

About this House

PRICE REDUCED!!!!Great home in Gray Arbor! Convenient location!! Come take a look at this 3 bedroom, 2 bath ranch home. Large Great room, nice size Breakfast area / room, open Kitchen and a 2 car garage. You will want to add this one to your list!!
3917 Gray Arbor Dr, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,255 sqft single-family home in South Emerson, built in 1997. It last sold for $96,000 on Apr 12, 2013. More recently, it was listed as a rental in January 2024 with an asking price of $1,600 per month. That rental listing was removed on January 22, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $223,500, with a rent estimate of $1,725/month.

Home Details for 3917 Gray Arbor Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: WoodLawnPorchSprinkler System
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1997Year Updated: 1997
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 7318 sqft

Price and Tax history

DateEventPrice
Jan 22, 2024
Source: Zillow Rentals
ListingRemoved
Jan 8, 2024
Source: Zillow Rentals
Listed For Rent
$1,600
Apr 12, 2013
Source: N/A
Sold
$96,000
Nov 14, 2012
Source: N/A
Sold
$66,000
Oct 15, 2012
Source: Agent Provided
Pending
$81,000

Market trends in South Emerson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$242K
Sale-to-List Price
99.9%
Price per sq ft
$155
Available listings
68
4MoM

Around this home

Neighborhood Overview

South Emerson
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Emerson

At least 85 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 85 % Say parking is easy

  • 84 % Say kids play outside

  • 82 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 69 % Say there are sidewalks

  • 68 % Say there's holiday spirit

  • 62 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 45 % Say it's walkable to grocery stores

  • 42 % Say there's wildlife

  • 35 % Say it's walkable to restaurants

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there is great yard space to run and play and also tons of parks to take them for walks. "
    0
    Flag
  • Trulia User
    "Not a lot of strays. Lots of friendly dogs. Low speed limits. Most of the houses have big yards. Lots of neighborhoods to walk. "
    0
    Flag
  • Trulia User
    "I’ve lived in this beautiful neighborhood for 25 years, raised our sons here. Neighbors are friendly & keep an eye out for one another. Rarely do these homes go up for sale, so there isn’t much turnover. "
    6
    Flag
  • Lalcautergomez
    "Dogs are welcome, most of the neighborhood has dogs and people walks them all the time, and most if not all pick after them "
    1
    Flag
  • Hermelindo P.
    "There is safe to live in here and people are very friendly, so far is nice and calm, no problems with the neighborhood "
    3
    Flag
  • A
    "Some crime; petty theft/ break ins... weird people knock on your door sometimes. BUT management is really nice and the maintenance team is quick and efficient. "
    4
    Flag
  • Scissorhands_888
    "Small neighborhood with two streets to enter or exit. Low incidence of crime. Neighbors watch out for each other and communicate regularly."
    37
    Flag
  • Meddie D.
    "You see dog owners walking their dogs all the time and consistently looking out for each other's pets."
    2
    Flag
  • Dedra B.
    "great..good.. well festive... nice... non violent.. friendly... nice schools.... lots of restaurants.."
    2
    Flag
  • V
    "Schools in this area lack diversity. There are a few nice restaurants and lots of medical offices conveniently located."
    1
    Flag
  • Meddie D.
    "My neighborhood needs greater access to public transportation and better lighting for the streets. The traffic lights would do better with better synchronization."
    3
    Flag
  • Jahadley317
    "This is a great, quiet little area with good schools and easy access to downtown. It is a great place to start a family. Franklin township schools are the best in the city."
    1
    Flag
  • Donna S.
    "I am in a CDI Home Retirement Community. There are very good places to walk without having to get on busy roads. Convenient shopping and eating areas near Southport and also Beech Grove."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 3917 Gray Arbor Dr

  • What is 3917 Gray Arbor Dr estimated to be worth?
    Trulia's estimated value for 3917 Gray Arbor Dr in Indianapolis, IN is $223,500.
  • What is the price history for 3917 Gray Arbor Dr?
    3917 Gray Arbor Dr in Indianapolis, IN last sold for $96,000 in April 2013.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $242K.
  • Does 3917 Gray Arbor Dr have air conditioning?
    Yes, 3917 Gray Arbor Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 3917 Gray Arbor Dr?
    The lot at 3917 Gray Arbor Dr in Indianapolis, IN is about 0.17 acres (7,318 sq ft).

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Off Market Homes Near 3917 Gray Arbor Dr

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