5136 Gambel Road, Indianapolis, IN 46221
- $249,900
Description
Investor special with numerous updates already completed-this is a great opportunity to add value with minimal upfront work. This spacious four-bedroom home offers a functional layout in an established and well-established neighborhood, making it ideal for investors, flippers, or buyers looking to build equity quickly. Recent improvements include new flooring and fresh interior paint, giving the home a clean and updated feel throughout. The property is being sold as-is, providing flexibility for the next owner to finish remaining updates or customize to their vision. Additional highlights include handicap accessibility features, adding versatility and long-term appeal. With solid bones, recent upgrades, and strong potential, this home is ready for its next chapter. This property also includes a 2-Car Detached Metal Garage. Don’t miss the chance to secure this value-add property in a desirable location-opportunities like this don’t last long.
Address
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Address: 5136 Gambel Road
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46221
Details
Updated on July 4, 2026 at 4:34 pm-
Property ID 22111774
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Price $249,900
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Property Size 1278 Sqft
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Land Area 0.28 Acres
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Bedrooms 4
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Rooms 7
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Bathrooms 2
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Garages 2
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Garage Size x x
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Year Built 1971
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Property Type Single Family Residence, Residential
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Property Status Active
Additional details
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Utilities Cable Available,Electricity Connected,Natural Gas Connected,Water Connected
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Cooling Central Air
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Heating Natural Gas
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County Marion
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Property Type Residential
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Parking Attached
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Elementary School Blue Academy
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Middle School Decatur Middle School
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High School Decatur Central High School
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Architectural Style Colonial
Features
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