5720 Gray Rd, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

$286,800

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,504 sqft (on 0.26 acres)

5720 Gray Rd, Indianapolis, IN 46237

South Emerson
Est. Refi. Payment $1,788/mo*
Refinance Your Home
Currently Off Market - Sold Nov 12, 2024 for $282,000

Home Value

Trulia Estimate
$287K
Since last month
Increased$500 (+0.2%)
Since last year
Decreased$2K (-0.8%)
Since last sale
Increased$5K (+1.7%)
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 +113% in the last 10 years
MonthEstimated value
2026
August 2026$287K
July 2026$286K
June 2026$288K
May 2026$289K
April 2026$290K
March 2026$295K
February 2026$295K
January 2026$287K
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
5519 Black Cherry Cir, Indianapolis, IN
0.20
Single-Family Home
$252,000
06/04/26
3
2
1,518
5773 Saint Simons Dr, Indianapolis, IN
0.06
Single-Family Home
$284,000
05/01/26
3
2
2,820
3915 E Brunswick Ave, Indianapolis, IN
0.20
Single-Family Home
$239,000
12/15/25
3
2
1,212
3810 Cherry Blossom Blvd, Indianapolis, IN
0.34
Single-Family Home
$290,000
06/16/26
3
2
1,596
4407 Stone Mill Dr, Indianapolis, IN
0.24
Single-Family Home
$250,000
03/02/26
3
2
1,772
4109 E Epler Ave, Indianapolis, IN
0.26
Single-Family Home
$263,000
10/14/25
3
2
1,494
3902 Cherry Blossom Blvd, Indianapolis, IN
0.29
Single-Family Home
$284,900
07/10/26
4
2
1,525
5623 Cherry Birch Dr, Indianapolis, IN
0.15
Single-Family Home
$334,900
06/18/26
4
2
2,113
5555 Cherry Field Dr, Indianapolis, IN
0.25
Single-Family Home
$285,000
06/26/26
3
2.5
1,636
5516 Cherry Birch Dr, Indianapolis, IN
0.23
Single-Family Home
$285,000
06/30/26
3
2.5
1,865

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
5733 Blackstone Ave, Indianapolis, IN 46237
0.05
$286,800
3
2
1,450
Off Market
5638 Gray Rd, Indianapolis, IN 46237
0.09
$355,000
3
3
2,600
For Sale
5773 Saint Simons Dr, Indianapolis, IN 46237
0.06
$284,000
3
2
2,820
Recently Sold
4212 Stone Mill Dr, Indianapolis, IN 46237
0.12
$280,000
5
3
1,897
Off Market
4221 Stone Mill Dr, Indianapolis, IN 46237
0.15
$259,700
4
2.5
1,666
Off Market
5825 Sapelo Dr, Indianapolis, IN 46237
0.13
$243,400
3
2
1,212
Off Market
5623 Cherry Birch Dr, Indianapolis, IN 46237
0.15
$334,900
4
2
2,113
Recently Sold
3921 Bing Ct, Indianapolis, IN 46237
0.16
$255,200
3
2
1,266
Off Market
3916 Jekyll Ct, Indianapolis, IN 46237
0.15
$291,800
4
2.5
2,664
Off Market
3938 Bing Ct, Indianapolis, IN 46237
0.16
$275,300
3
2
1,498
Off Market
3916 Saint Simons Ct, Indianapolis, IN 46237
0.14
$263,900
3
2
1,457
Off Market

Local Information

  • Map ViewExplore the area around 5720 Gray Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1995
0.26 acre lot
1,504 sqft
$191/sqft
2 Car Garage

About this House

This charming, One Owner, 3-bedroom, 2-bathroom home in Perry Township is a perfect blend of comfort and style, offering 1504 square feet of living space that's sure to capture your heart. As you approach, you'll be greeted by delightful curb appeal. Step inside, and you'll discover the family room is a true showstopper, boasting a cathedral ceiling, large room layout for maximum seating capacity and a ceiling fan for year-round comfort. You're sure to enjoy the updated kitchen with white cabinets, corian solid surface counters, stainless steel appliances, and kitchen office space. The adjacent dining area is ideal for casual meals or morning coffee. The nearby laundry room smartly adds function without sacrificing space. The primary bedroom offers luxury with its heated bath floor, double sinks and walk-in shower. Two additional bedrooms and an updated shared bathroom provide ample space for family or guests. Outdoor entusiasts will LOVE a HUGE privacy fenced backyard with a covered porch paved with elegance, and a quaint pergola oozes charm, offering plenty of space for relaxation. Recent upgrades include a new air conditioner, water heater, three year old water softener and freshly painted interior, ensuring this home is move-in ready. Don't miss your chance to make this house your home sweet home!
5720 Gray Rd, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,504 sqft single-family home in South Emerson, built in 1995. It last sold for $282,000 on Nov 12, 2024 (1% below the $285,000 asking price). More recently, it was listed as a rental in March 2026 with an asking price of $2,000 per month. That rental listing was removed on March 23, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $286,800, with a rent estimate of $1,878/month.
Last check for updates: about 13 hours ago
Listed by Brenda Dean
Your Realty Link, LLC
Bought with: Paul Robert Cox, (317) 910-0903, NextHome Real Estate Associates
Source: MIBOR as distributed by MLS GRID, MLS#22003975

Home Details for 5720 Gray Rd

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1504 Square Feet
Appliances & Utilities
Utilities: Electricity ConnectedAppliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener OwnedDishwasherDisposalDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: 200+ Amp ServiceHas Electric on Property
Windows, Doors, Floors & Walls
Window: Screens, Storm Window(s), WoodWorkStain/Painted
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFencing: Fenced, Fence Full RearOther Structures: Barn MiniFoundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 1995
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl With BrickNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 491504103021000500

Price & Status

Price
List Price: $285,000
Status Change & Dates
Off Market Date: Wed Oct 02 2024Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
Elementary School: Jeremiah Gray Elementary SchoolJr High / Middle School: Southport Middle SchoolHigh School: Southport High SchoolHigh School District: Perry Township Schools

Building

Building Area
Building Area: 1504 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.26 acres

Listing Info

Special Conditions: None, Sales Disclosure On File

Miscellaneous

Mls Number: 22003975Attic: Access Only

Price and Tax history

DateEventPrice
Mar 23, 2026
Source: Zillow Rentals
ListingRemoved
$2,000
Mar 14, 2026
Source: Zillow Rentals
Listed For Rent
$2,000
Mar 5, 2026
Source: Zillow Rentals
ListingRemoved
$2,000
Mar 4, 2026
Source: Zillow Rentals
Listed For Rent
$2,000
Dec 9, 2025
Source: Zillow Rentals
ListingRemoved
$2,000

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

Based on information submitted to the MLS GRID as of 2026-09-04 01:03:05 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

Frequently asked questions about 5720 Gray Rd

  • What is 5720 Gray Rd estimated to be worth?
    Trulia's estimated value for 5720 Gray Rd in Indianapolis, IN is $286,800.
  • What is the price history for 5720 Gray Rd?
    5720 Gray Rd in Indianapolis, IN last sold for $282,000 in November 2024.
  • 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 5720 Gray Rd have air conditioning?
    Yes, 5720 Gray Rd in Indianapolis, IN has air conditioning.
  • Does 5720 Gray Rd have laundry facilities?
    Yes, 5720 Gray Rd in Indianapolis, IN has in-unit laundry.

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Off Market Homes Near 5720 Gray Rd

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