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615 Gray St

Indianapolis, IN 46201

2 bd 2 ba 2,576 sqft Built 1900 Lot 3,920 sqft single_family
Most recent sale
$201,618
Feb 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Listed $179,000 MLS #21878516
Feb 9, 2022 Sold $201,618 Public Record
Jan 21, 2022 Listed $115,000 MLS #21832872
Apr 16, 2020 Sold $32,500 Public Record
Dec 23, 2019 Listed $59,000 MLS #21686636
Nov 30, 2017 Relisted $59,000 MLS #21503494
Aug 1, 2017 Listed $59,000 MLS #21503494
Oct 15, 2010 Price changed $29,999 MLS #21033272
Jun 21, 2010 Listed $37,900 MLS #21033272
Apr 22, 2010 Listed $10,500 MLS #21022182
Mar 7, 2007 Sold $83,790 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,000 $5,600 $141,600 $3,400
2024 $120,600 $5,600 $126,200 $3,065
2023 $124,400 $5,600 $130,000 $3,152
2022 $112,700 $5,600 $118,300 $3,319
2021 $112,700 $5,600 $118,300 $2,795
2020 $102,900 $2,100 $105,000 $2,497
2019 $92,400 $2,100 $94,500 $2,295
2018 $80,000 $2,100 $82,100 $2,019
2017 $65,800 $2,100 $67,900 $1,504
2016 $56,200 $2,100 $58,300 $1,272
2015 $52,900 $2,100 $55,000 $1,211
2014 $46,400 $2,100 $48,500 $1,049
2013 $54,400 $2,100 $56,500 $1,175
2012 $40,900 $2,100 $43,000 $976
2011 $36,300 $3,300 $39,600 $830
2010 $36,300 $3,300 $39,600 $850
2008 $36,300 $3,300 $39,600 $1,120
2006 $60,600 $3,300 $63,900 $1,339

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
2,576 sqft
Lot size
3,920 sqft
ZIP code
46201
City
Indianapolis
Street
Gray St
Coordinates
39.77671, -86.11155

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,210
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 615 Gray St last sell?
615 Gray St most recently sold on Feb 9, 2022 for $201,618.
What is the current tax assessment for 615 Gray St?
The most recent total assessment for 615 Gray St (year 2025) is $141,600 with $3,400 in property tax.
How does 615 Gray St's assessment compare to its last sale price?
The current assessment is 29.8% below the last sale price of $201,618.
When was 615 Gray St built?
615 Gray St was built in 1900.
How does 615 Gray St compare to others on Gray St?
We track 8 other properties on Gray St. Browse the list under "Other properties on Gray St" to compare beds, baths, and sale history.
What are the property facts for 615 Gray St?
615 Gray St is a 2 bed, 2 bath, 2,576 sqft, 3,920 sqft lot single_family.
Is 615 Gray St a flip candidate?
Yes — 615 Gray St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 615 Gray St a tax-appeal candidate?
No — 615 Gray St 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
-4.0%
Implied 1-yr
-16.0%
2026 Q3
$202.9K
2026 Q4
$191.9K
ZIP 46201 — Median Price History + Forecast

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