About This Home

This 3-bedroom, 1-bathroom single family at 511 N Gray Street in Indianapolis, IN is listed for $40,000 ($33 per sqft). Built in 1910, the home offers 1,224 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1910
  • 0.06 acre lot
  • 2 stories

Property Details

2 stories
1 full
1910
Listing Description

A 3-bedroom home in Marion County offering an opportunity to bring your vision to life. This property needs repairs and updates, making it a great option for those looking to create a home in their own personal style. Conveniently located on the Near Eastside of Indianapolis, with easy access to local shops, restaurants, schools, and downtown Indianapolis. A property full of potential and ready for a new owner's ideas.

Monthly Cost Estimate

$214/mo

20% down · 6.5% · 30 years

Principal$29
Interest$173
Insurance$12

Estimates only. Actual payments may vary.

Location

511 N Gray Street

Indianapolis, IN 46201

Hoffmans E Mich St

Features & Amenities

Interior Features

Eat-in Kitchen

Property Details

Construction

Wood Siding

Parking

Alley

Questions & Answers

This 3-bedroom, 1-bathroom single family at 511 N Gray Street is listed at $40,000 ($33/sqft). The estimated monthly payment is $214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.06 acre lot, 2 stories. Interior Features: Eat-in Kitchen.

This property is listed by Chris Price.

CP

Chris Price

Agent at Keller Williams Indy Metro West

Listed by Keller Williams Indy Metro West · Broker phone: (317) 271-5959 · View on Broker Site · Broker website

MLS# 22117943· Source: Broker Listing Cooperative®· 72 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

511 N Gray Street, Indianapolis, IN 46201

Open this listing in: