6506 Gray Rd, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

6506 Gray Rd
Indianapolis, IN 46237

South Emerson
  • 3 Beds
  • 2 Baths
  • 1,521 sqft (on 2.41 acres)

$284,400

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,735/mo*
Refinance Your Home

$284,400

Trulia Estimate
as of Jul 25, 2026
Est. Refi. Payment $1,735/mo*
Refinance Your Home
3 Beds
2 Baths
1,521 sqft
(on 2.41 acres)

Local Information

  • Map ViewExplore the area around 6506 Gray Rd.
  • Schools3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1959
Lot Size
2.41 acres
Living Area
1,521 sqft
Price/Sqft
$187
Parking
Garage

About this House

Commercial potential, Great Location w/ road frontage on Gray & backs up to I 65, 2.5 acres close to I 65 & Southport Exit, many business possibilities. Brick home w/ New Roof, Gutters, windows & doors; gas potential. Enjoy the fishing pond and park like setting.
6506 Gray Rd, Indianapolis, IN 46237 is a 3 bedroom, 2 bathroom, 1,521 sqft single-family home in South Emerson, built in 1959. It last sold for $172,000 on Mar 29, 2012. It is currently off market. The Trulia Estimate is $284,400, with a rent estimate of $1,852/month.

Home Details for 6506 Gray Rd

Interior Features

Heating & Cooling
Heating: Other, GasAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Types of Rooms: Dining Room, Family Room, Laundry Room, Master Bath, OfficeCeiling Fan
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Property Information

Year Built
Year Built: 1959Year Updated: 1959
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
Exterior: StoneFoundation Type: Crawl RaisedGardenLawnPatioPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 2.41 acres

Mobile R/V

RV Parking
Rv Parking

Additional Information

Greenhouse

Price History for 6506 Gray Rd

DatePriceEventSource
03/29/2012$172,000Sold
MIBOR as distributed by MLS GRID #21147043
02/07/2012$185,000PriceChange
Agent Provided
01/11/2012$230,000PriceChange
Agent Provided
10/26/2011$300,000PriceChange
Agent Provided
09/18/2010$450,000PriceChange
Agent Provided
01/30/2010$650,000Listed For SaleAgent Provided

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$5,857
Assessment$215,700
Home facts updated by county records

Comparable Sales for 6506 Gray Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6436 Perry Pines Ct, Indianapolis, IN
0.11
Single-Family Home
$217,500
06/12/26
3
2
1,296
4140 E Cragmont Dr, Indianapolis, IN
0.27
Single-Family Home
$94,573
01/20/26
3
2
1,649
6749 Hillcrest Ct, Indianapolis, IN
0.38
Single-Family Home
$310,000
10/22/25
3
1.5
2,152
4038 Gray Arbor Way, Indianapolis, IN
0.35
Single-Family Home
$226,000
01/22/26
3
2
1,276
3248 Tulip Dr, Indianapolis, IN
0.59
Single-Family Home
$285,000
03/27/26
3
2
2,054
6720 McFarland Rd, Indianapolis, IN
0.80
Single-Family Home
$430,000
06/26/26
3
2
1,593
2015 Pheasant Grove Dr, Danville, IN
0.34
Single-Family Home
$349,990
11/04/25
3
2
1,533
3104 E Edgewood Ave, Indianapolis, IN
0.83
Single-Family Home
$243,000
11/25/25
3
2
2,215
4233 Moss Ridge Ct, Indianapolis, IN
0.20
Single-Family Home
$387,500
12/19/25
4
2
2,216
3140 Tulip Dr, Indianapolis, IN
0.72
Single-Family Home
$255,000
02/12/26
3
2
2,402

Nearby homes

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Assigned Schools

These are the assigned schools for 6506 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 6506 Gray Rd

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Off Market Homes Near 6506 Gray Rd

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