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5638 Gray Road SW

Indianapolis, IN 46237

ActiveListed Aug 28, 2026 · 55 days on market

Key facts

Beds
3
Baths
3 full
Living area
2,600 sqft
Lot
0.5 acres
Year built
1967
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22122613
County
Marion
Subdivision
No Subdivision

About this home

PRICED TO SELL! This home is now the best deal out there! This comfy family home needs a bit of TLC so the price has been adjusted so you can do just that. It is solid, quiet and has tons of amenities including a back wing that would be perfect for an aging parent or a college student. It's mid-Century Modern Charm Meets Exceptional Outdoor Living! This unique ranch-style home is filled with character, and thoughtful spaces you won't find in every home. Featuring 3 bedrooms, plus a 4th bedroom that has been repurposed into a spacious walk-in closet, there is plenty of room to live, work, and entertain. The inviting interior offers ample living space, an eat-in kitchen, and an abundance of natural light throughout. But the true highlight is the expansive backyard-an outdoor retreat designed for enjoying the seasons. Relax or entertain on the all wood deck, take a dip in the pool, or gather around the fire pit. For extra outdoor storage, make use of the convenient extra large boat/RV covering. With its distinctive mid-century modern appeal, generous living spaces, and fantastic outdoor amenities, this home offers a wonderful blend of personality, functionality, and fun. A rare opportunity to own a home that is truly one-of-a-kind!

Description provided by the listing brokerage.

Interior

Appliances
Common LaundryGas CooktopENERGY STAR Qualified Water HeaterElectric Water HeaterENERGY STAR Qualified AppliancesDisposalGas Water HeaterHumidifierExhaust FanMicrowaveGas OvenRefrigeratorWater PurifierWater Softener Owned
Interior features
Attic AccessAttic Pull Down StairsHi-Speed Internet AvailblSmart ThermostatWood Work Stained
Kitchen
Kitchen Some Updates
Other rooms and areas
Laundry in Unit
Flooring
Hardwood
Fireplaces
1
Fireplace type
Family Room
Laundry
In Unit
Windows
Low-Emissivity Windows
Rooms
9
Main-level bedrooms
3

Exterior

Exterior features
Fire Pit
Patio and porch
CoveredDeckPatio
Construction
BrickWood SidingVinyl Siding
Foundation
Block
Style
Ranch
Parking and garage
AttachedAsphaltGarage Door Opener
Pool
Above Ground
Private pool
Yes
Other equipment
Smoke Alarm

Systems

Heating
Natural Gas
Cooling
Central Air
Water
WellPrivate
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer Connected

Lot and HOA

Lot features
Not In SubdivisionStorm SewerStreet LightsSuburbMature Trees

Schools

School district
Perry Township Schools

Taxes

Estimated annual tax
$3,502 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,855per month, estimated
Principal and interest $1,461Property tax $292Insurance $101
20% · $57,980
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$289,900
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