Corner Lot on Shelbyville
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
(317) 432-3061
Listed By:
Gary Boehle · License #RB14029275
(317) 432-3061
Added: Jul 28, 2025
Changed: Jun 22
Last Checked: Jul 29 at 9:06AM
MLS# 22053287
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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
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).