5133 Gray Rd
Indianapolis, IN 46237
South Emerson(on 8.21 acres)
Local Information
© Google
-- mins to
Description
Large corner lot at intersection with a stop light. Lots of frontage on Shelbyville Road. Would be ideal for a school, church, park or possibly a residential development, with appropriate approvals. Utilities presumed to be available at lot.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5133 Gray Rd
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MLS Status: Active |
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Exterior Home Features Other Structures: Tenant House |
Frontage Road Frontage: City Street, See RemarksRoad Surface Type: Asphalt |
Water & Sewer Sewer: See Remarks |
Farm & Range Horse Amenities: None |
Surface & Elevation Topography: Flood Plain Partial, See Remarks |
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Cumulative Days on Market: 239Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New Construction |
Property Information Parcel Number: 491504122002000500 |
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Price List Price: $1,353,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: No Subdivision |
School Information High School District: Perry Township Schools |
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Listing Agent Listing ID: 22053287 |
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Lot Area: 8.21 Acres |
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Listing Terms: Sell Entity |
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Mls Number: 22053287 |
Last check for updates: about 18 hours ago
Listing Provided by: Gary Boehle
Titan Real Estate, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22053287
Also Listed on MIBOR as distributed by MLS GRID.
Price History for 5133 Gray Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/28/2025 | $1,353,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22053287 |
| 01/22/2019 | $228,000 | Sold | N/A |
| 11/27/2018 | $299,000 | Pending | Agent Provided |
| 10/29/2018 | $299,000 | PriceChange | Agent Provided |
| 10/11/2018 | $400,000 | PendingToActive | Agent Provided |
| 08/09/2018 | $400,000 | Pending | Agent Provided |
| 02/07/2018 | $400,000 | Listed For Sale | Agent Provided |
| 02/13/2017 | $390,000 | ListingRemoved | Agent Provided |
| 10/14/2016 | $390,000 | PriceChange | Agent Provided |
| 07/13/2016 | $292,500 | Listed For Sale | Agent Provided |
| 05/17/2016 | $442,500 | ListingRemoved | Agent Provided |
| 02/22/2016 | $442,500 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,976 |
| Assessment | $109,100 |
Home facts updated by county records
Comparable Sales for 5133 Gray Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.00 | Lot/Land | $77,500 | 10/17/25 | - | - | ||
1.61 | Lot/Land | $140,000 | 10/16/25 | - | - | ||
1.69 | Lot/Land | $834,240 | 06/16/25 | - | - | ||
1.54 | Lot/Land | $45,000 | 08/06/25 | - | - | ||
2.60 | Lot/Land | $1,175,000 | 05/08/26 | - | - | ||
2.60 | Lot/Land | $169,900 | 10/31/25 | - | - | ||
2.49 | Lot/Land | $140,000 | 04/27/26 | - | - | ||
2.31 | Lot/Land | $45,000 | 05/15/25 | - | - | ||
2.30 | Lot/Land | $45,000 | 12/04/25 | - | - |
Assigned Schools
These are the assigned schools for 5133 Gray Rd.
- Southport Middle School
- 7-8
- Public
- 1194 Students
5/10GreatSchools RatingParent Rating AverageThis school is horrible. Everybody is super mean and disrespectful and doesn't have any manners. Theres always fights too.Other Review8mo ago - Southport High School
- 9-12
- Public
- 2355 Students
4/10GreatSchools RatingParent Rating AverageMy oldest graduated in 23 & my middle one in 24 now my youngest will be a freshman here next year. The teachers counselors Woodke Horvath Boone & Finkhouse are my favorite principals here. When my middle one was going through a lot emotionally a lot of these teachers and his counselor plus the principals that I mentioned were there for him & us to help him navigate through this situation that he was dealing with. I appreciate everything they did!Parent Review1mo ago - Jeremiah Gray-Edison Elementary School
- PK-5
- Public
- 562 Students
7/10GreatSchools RatingParent Rating Averagethe school put my kid on the wrong busParent Review4y ago - Southport 6th Grade Academy
- 6
- Public
- 643 Students
6/10GreatSchools RatingParent Rating AverageMy son got a 1 day suspension for dozing off in class. He has never had this problem and instead of the teacher having him get up to revive his body they just suspended him. This is not a reason for suspending a kid from school.Parent Review13y ago 
Check out schools near 5133 Gray Rd.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about South Emerson
At least 84 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
75 % Say yards are well-kept
69 % Say there are sidewalks
68 % Say there's holiday spirit
63 % Say it's quiet
50 % Say neighbors are friendly
49 % Say people would walk alone at night
44 % Say it's walkable to grocery stores
42 % Say there's wildlife
34 % 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
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Gary Boehle, Titan Real Estate, LLC
Based on information submitted to the MLS GRID as of 2026-05-08 14:38:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
5133 Gray Rd, Indianapolis, IN 46237 is a lot/land. 5133 Gray Rd is located in South Emerson, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jul 28, 2025. The MLS # for this home is MLS# 22053287.