5725 Gray Rd, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

5725 Gray Rd
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 1 Bath
  • 1,437 sqft (on 1.40 acres)

$245,100

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,505/mo*
Refinance Your Home

$245,100

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,505/mo*
Refinance Your Home
3 Beds
1 Bath
1,437 sqft
(on 1.40 acres)

Local Information

  • Map ViewExplore the area around 5725 Gray Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1945
Lot Size
1.4 acres
Living Area
1,437 sqft
Price/Sqft
$171
Parking
Garage

About this House

Where you gonna find this?!! +/- 1.4 acres with a nice ranch home. Features large kitchen with appliances, separate laundry room and 3 bedrooms. Gorgeous hardwoods throughout. Outside is like a park, above ground pool with deck. Then a huge back yard. There is a place to park your RV. What more could you ask for in Perry Township?
5725 Gray Rd, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 1,437 sqft single-family home in South Emerson, built in 1945. It last sold for $212,000 on Jul 15, 2022. It is currently off market. The Trulia Estimate is $245,100, with a rent estimate of $1,719/month.

Home Details for 5725 Gray Rd

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Other, ElectricAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
DishwasherDryerRefrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltDeckFoundation Type: Crawl RaisedPorch
Pool
Pool
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1945Year Updated: 1945
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 1.40 acres

Price History for 5725 Gray Rd

DatePriceEventSource
07/15/2022$212,000Sold
MIBOR as distributed by MLS GRID #21851589
05/24/2022$212,000PendingMIBOR as distributed by MLS GRID #21851589
05/20/2022$200,000PriceChange
MIBOR as distributed by MLS GRID #21851589
05/13/2022$220,000PriceChange
MIBOR as distributed by MLS GRID #21851589
05/08/2022$230,000PriceChange
MIBOR as distributed by MLS GRID #21851589
04/28/2022$239,000Listed For SaleMIBOR as distributed by MLS GRID #21851589
08/30/2019$140,000Sold
MIBOR as distributed by MLS GRID #21651418
07/13/2019$140,000PendingAgent Provided
06/30/2019$140,000PriceChange
Agent Provided
05/07/2019$135,000PendingAgent Provided
05/07/2019$135,000PendingToActiveAgent Provided
04/20/2019$135,000PendingN/A
03/30/2019$135,000Listed For SaleN/A

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$2,299
Assessment$169,200
Home facts updated by county records

Comparable Sales for 5725 Gray Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4314 Dudley North Dr, Indianapolis, IN
0.23
Single-Family Home
$217,000
11/10/25
3
1
1,403
4555 Blackstone Dr, Indianapolis, IN
0.30
Single-Family Home
$245,000
05/12/26
3
1
1,084
4407 Stone Mill Dr, Indianapolis, IN
0.16
Single-Family Home
$250,000
03/02/26
3
2
1,772
3535 Parrish Ct, Indianapolis, IN
0.50
Single-Family Home
$202,900
09/30/25
3
1
1,385
4109 E Epler Ave, Indianapolis, IN
0.26
Single-Family Home
$263,000
10/14/25
3
2
1,494
4330 N Dudley North Dr, Indianapolis, IN
0.24
Single-Family Home
$236,500
06/05/26
4
1.5
1,500
3621 E Brunswick Ave, Indianapolis, IN
0.47
Single-Family Home
$212,000
08/07/25
3
1
1,000
3916 Saint Simons Ct, Indianapolis, IN
0.22
Single-Family Home
$262,500
08/08/25
3
2
1,457
5519 Black Cherry Cir, Indianapolis, IN
0.24
Single-Family Home
$252,000
06/04/26
3
2
1,518
5825 Sapelo Dr, Indianapolis, IN
0.19
Single-Family Home
$242,000
08/04/25
3
2
1,212

Nearby homes

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Assigned Schools

These are the assigned schools for 5725 Gray Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 44 % 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

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Homes for sale near 5725 Gray Rd

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Off Market Homes Near 5725 Gray Rd

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