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4935 Gambel Rd

Indianapolis, IN 46221

3 bd 1 ba 912 sqft Built 1970 Lot 9,148 sqft single_family
Most recent sale
$187,937
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $187,937 Public Record
Jul 29, 2022 Listed $155,000 MLS #21874055
Jan 16, 2019 Sold $92,500 Public Record
Dec 15, 2018 Listed $90,000 MLS #21611245

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $140,300 $14,100 $154,400 $1,626
2024 $138,400 $14,100 $152,500 $1,767
2023 $123,600 $14,100 $137,700 $1,596
2022 $73,500 $14,100 $87,600 $1,250
2021 $73,500 $14,100 $87,600 $1,042
2020 $79,100 $14,100 $93,200 $2,121
2019 $67,700 $14,100 $81,800 $894
2018 $61,500 $14,100 $75,600 $790
2017 $61,000 $14,100 $75,100 $779
2016 $58,700 $14,100 $72,800 $747
2015 $57,700 $14,100 $71,800 $744
2014 $56,500 $14,100 $70,600 $729
2013 $51,800 $14,100 $65,900 $665
2012 $50,800 $14,100 $64,900 $643
2011 $50,600 $11,800 $62,400 $608
2010 $51,600 $11,800 $63,400 $502
2008 $51,100 $11,800 $62,900 $984
2006 $56,000 $11,800 $67,800 $803

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
912 sqft
Lot size
9,148 sqft
ZIP code
46221
City
Indianapolis
Street
Gambel Rd
Coordinates
39.69657, -86.24639

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,368
Gross rental yield
8.73%
Implied cap rate
5.68%
Trend-extrapolated value

Frequently asked questions

When did 4935 Gambel Rd last sell?
4935 Gambel Rd most recently sold on Sep 15, 2022 for $187,937.
What is the current tax assessment for 4935 Gambel Rd?
The most recent total assessment for 4935 Gambel Rd (year 2025) is $154,400 with $1,626 in property tax.
How does 4935 Gambel Rd's assessment compare to its last sale price?
The current assessment is 17.8% below the last sale price of $187,937.
When was 4935 Gambel Rd built?
4935 Gambel Rd was built in 1970.
How does 4935 Gambel Rd compare to others on Gambel Rd?
We track 8 other properties on Gambel Rd. Browse the list under "Other properties on Gambel Rd" to compare beds, baths, and sale history.
What are the property facts for 4935 Gambel Rd?
4935 Gambel Rd is a 3 bed, 1 bath, 912 sqft, 9,148 sqft lot single_family.
Is 4935 Gambel Rd a flip candidate?
No — 4935 Gambel Rd does not appear in our flips dataset.
Is 4935 Gambel Rd a tax-appeal candidate?
No — 4935 Gambel Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$217.8K
2026 Q4
$221.5K
ZIP 46221 — Median Price History + Forecast

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