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186 E Gay Drive

Alexandria, IN 46001

PendingListed Jun 15, 2026 · 90 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
1,484 sqft
Lot
0.24 acres
Year built
1976
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22108151
County
Madison
Subdivision
Lyndale

About this home

Inviting curb appeal welcomes you to this well-maintained 3 Bedroom, 2.5 Bathroom home offering 1,484 square feet on a desirable corner lot. A long driveway with side parking extension provides plenty of room for guests and extra vehicles. Step inside to a spacious Entry with unique Spanish-style archways leading to a large Living Room with fireplace and open to the Dining Area and spacious eat-in Kitchen featuring ceramic tile flooring, pantry, and patio door access to the Covered Back Patio and fenced Backyard. The Primary Bedroom includes a large Walk-In Closet and private Primary Bathroom. Two additional Bedrooms also include custom closets with built-ins, and more! The oversized 3-Car Garage includes a Half Bathroom and Laundry Area with storage. Outside, you'll find a 2-story storage shed offering abundant space for hobbies, equipment, or additional storage. Recent updates include a brand-new HVAC system with all new ductwork and a Reme Halo whole-home air purification system, new Bedroom flooring, Heat Pump, Septic System, Downspouts, Overhead Garage Door, and a Roof that is only 6 years old. This move-in ready property combines comfort, functionality, and valuable updates both inside and out

Description provided by the listing brokerage.

Interior

Appliances
DishwasherMicrowaveElectric OvenRefrigerator
Interior features
Entrance FoyerEat-in KitchenPantryWalk-In Closet(s)WoodWorkStain/Painted
Other rooms and areas
Laundry in Garage
Fireplaces
1
Fireplace type
Living Room
Rooms
7
Main-level bedrooms
3

Exterior

Exterior features
Storage Shed
Patio and porch
Covered
Construction
Brick
Foundation
Crawl Space
Style
Ranch
Parking and garage
Attached
Fencing
Chain LinkFull

Systems

Heating
Heat PumpRadiant Ceiling
Cooling
Heat Pump
Water
Private

Lot and HOA

Lot features
Corner LotMature TreesTrees-Small (Under 20 Ft)

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$1,146 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,362per month, estimated
Principal and interest $1,184Property tax $96Insurance $82
20% · $46,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$234,900
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