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5133 Gray Road, Indianapolis, IN, 46237
Corner Lot on Shelbyville Road

5133 Gray Road Indianapolis, IN 46237

For Sale
$1,350,000

LAND - Indianapolis, IN

Lot Size8.21 Acres
Days on Market367

Property Features for 5133 Gray Road

General Information

Property type Land
Property subtype Other
Zoning DA
Standard status Active
APN 491504122002000500
Lot size 8.21 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Nw1/4 S4 T14 R4 Beg 858' N 320.1' W & 646.8' N Of Se Cor P.O.B. W1016.57' N524.67' Se1060.04' S182.97' To Beg 8.206 Ac
Listing Agency: Titan Real Estate, LLC
Listed By: Gary Boehle · License #RB14029275
Added: Jul 28, 2025 Changed: Jun 22 Last Checked: Jul 29 at 9:06AM
MLS# 22053287

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is an 8.21-acre unimproved corner lot located at an intersection with a stop light. The lot has frontage on Shelbyville Road. It is zoned DA. The property may be suitable for a school, church, park, or possibly a residential development, subject to appropriate approvals. Utilities are presumed to be available at the lot.

Key Highlights

  • Large corner lot with high visibility due to stop light intersection.
  • Significant frontage on Shelbyville Road.
  • Ideal for development as a school, church, or park (subject to approvals).

Property Analytics

Property Profile Location Intelligence

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Building Supply Hair Salon HVAC Service Spa & Massage Center Real Estate Agency

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Land - Large corner lot suitable for various developments with approvals.
Where is this land located?
The property is located at 5133 Gray Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Large corner lot with high visibility due to stop light intersection.; Significant frontage on Shelbyville Road.; Ideal for development as a school, church, or park (subject to approvals).
More about this property
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