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5307 Gambel Rd

Indianapolis, IN 46221

5 bd 2 ba 2,160 sqft Built 1973 Lot 9,148 sqft single_family
Most recent sale
$272,062
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $272,062 Public Record
Sep 3, 2022 Listed $219,900 MLS #21881376
Jul 1, 2022 Sold $75,000 Public Record
May 24, 2022 Listed $80,000 MLS #21858850

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $190,100 $13,400 $203,500 $2,155
2024 $186,300 $13,400 $199,700 $2,327
2023 $180,300 $13,400 $193,700 $2,247
2022 $125,500 $13,400 $138,900 $2,048
2021 $125,500 $13,400 $138,900 $3,272
2020 $124,600 $13,400 $138,000 $3,129
2019 $106,700 $13,400 $120,100 $2,837
2018 $104,300 $13,400 $117,700 $2,750
2017 $100,100 $13,400 $113,500 $2,672
2016 $96,400 $13,400 $109,800 $2,581
2015 $88,100 $13,400 $101,500 $2,296
2014 $89,600 $13,400 $103,000 $2,338
2013 $82,100 $13,400 $95,500 $1,910
2012 $80,000 $13,400 $93,400 $934
2011 $88,400 $11,200 $99,600 $1,013
2010 $90,100 $11,200 $101,300 $996
2008 $89,200 $11,200 $100,400 $1,854
2006 $97,800 $11,200 $109,000 $1,592

Property facts

Year built
1973
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,160 sqft
Lot size
9,148 sqft
ZIP code
46221
City
Indianapolis
Street
Gambel Rd
Coordinates
39.69654, -86.25108

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,240
Gross rental yield
14.29%
Implied cap rate
9.29%
Trend-extrapolated value

Frequently asked questions

When did 5307 Gambel Rd last sell?
5307 Gambel Rd most recently sold on Oct 14, 2022 for $272,062.
What is the current tax assessment for 5307 Gambel Rd?
The most recent total assessment for 5307 Gambel Rd (year 2025) is $203,500 with $2,155 in property tax.
How does 5307 Gambel Rd's assessment compare to its last sale price?
The current assessment is 25.2% below the last sale price of $272,062.
When was 5307 Gambel Rd built?
5307 Gambel Rd was built in 1973.
How does 5307 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 5307 Gambel Rd?
5307 Gambel Rd is a 5 bed, 2 bath, 2,160 sqft, 9,148 sqft lot single_family.
Is 5307 Gambel Rd a flip candidate?
Yes — 5307 Gambel Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5307 Gambel Rd a tax-appeal candidate?
No — 5307 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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