For Sale62d on market
3939 Gray Pond Ct
Indianapolis, IN, 46237 • South Perry • Marion County
$220,000
$180/sqft
Down payment assistance available
2Beds
2Baths
1,222Sqft
0.1 acLot
2002Built
Property DNA
Ranch,Traditional Style
Built 2002 · 24 years of history
Gray Farm Estates
Insurance · Maintenance Grounds · Snow Removal
Outdoor Living
Patio · Covered
2-Car Garage
Attached
Premium Finishes
Walk-In Closet(s)
$195/mo HOA
Insurance · Maintenance Grounds · Snow Removal
This home is getting attention
Listed 62 days ago · 567 views · 18 saves
Market activity
Demand and pricing signals for this listing
567 views
People checking out this listing
18 saves
Buyers have saved this home
62 days on market
Established listing
$180/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 35% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Condo · Built 2002
Welcome to 3939 Gray Pond Ct in Indianapolis, where this move-in-ready paired patio condominium offers effortless one-story, low-maintenance living. The open-concept layout is highlighted by a bright living room with soaring vaulted ceilings, creating an inviting, airy atmosphere ideal for daily living or entertaining. The functional floor plan provides ample living space with two bedrooms and two full bathrooms, including a primary suite with a walk-in shower and walk-in closet. Built in 2002, the home also features a dedicated laundry room and an attached 2-car garage. Conveniently located just minutes from I-65, shopping, and local dining, this home blends comfort, convenience, and easy living.
Standout features identified
Our analysis highlights two bedrooms, inviting airy atmosphere, and open-concept layout as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,645/month
Principal & Interest$1,156
Property Tax$220
Insurance$73
HOA$195
Down payment20% ($44,000)
3%50%
Est. 6.88% rate · 30yr fixed · $176,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Condominium
Year Built2002
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking2 Attached Garage spaces
HOA$195 monthly
Days on Zillow62 Days
Price/sqft$180
Property
Home typeCondo
Sub-typeResidential, Condominium
StyleRanch,Traditional
Year built2002
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionBrick, Vinyl Siding
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage2 spaces
Lot4,356 sqft
Location & Tax
NeighborhoodSouth Perry
Annual tax$2,725
Parcel491516101017000500
Bathrooms & Fees
Full baths2
HOA$195/mo
Features & details
10 categories of property features
Interior Features
Interior
Attic Pull Down Stairs
Cathedral Ceiling(s)
Entrance Foyer
Ceiling Fan(s)
High Speed Internet
Eat-in Kitchen
Pantry
Walk-In Closet(s)
Appliances
Dishwasher
Dryer
Disposal
Gas Water Heater
MicroHood
Electric Oven
Refrigerator
Washer
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
Main Level
Exterior Features
Parking
Attached
Construction
Brick
Vinyl Siding
Patio & Porch
Patio
Covered
Lot Features
Cul-De-Sac
Street Lights
Trees-Small (Under 20 Ft)
Utilities
Electricity Connected
Sewer Connected
Water Connected
Room details
5 rooms detailed
Master Bedroom
Main14×13 ft182 sqft
Bedroom2
Main12×11 ft132 sqft
Great Room
Main17×15 ft255 sqft
Kitchen
Main13×9 ft117 sqft
Laundry
Main8×6 ft48 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market62
Tax rate0.96%
Price/sqft$180
On marketFeb 4, 2026
PostedFeb 4, 2026
Last sold$140,000
MLS statusActive
MLS updatedMar 27, 2026
Tour days9
Views567
Favorites18
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
4 events
DateEventPrice$/sqftSource
Feb 4, 2026Listed For Sale$220,000$180MIBOR as distributed by MLS GRID
Aug 13, 2019Sold$140,000$115MIBOR as distributed by MLS GRID
Jul 30, 2019Pending Sale$135,000$110CENTURY 21 Scheetz
Jul 24, 2019Listed For Sale$135,000$110MIBOR REALTOR Association
Listed For Sale$220,000
Feb 4, 2026•$180/sqft•MIBOR as distributed by MLS GRID
Sold$140,000
Aug 13, 2019•$115/sqft•MIBOR as distributed by MLS GRID
Pending Sale$135,000
Jul 30, 2019•$110/sqft•CENTURY 21 Scheetz
Listed For Sale$135,000
Jul 24, 2019•$110/sqft•MIBOR REALTOR Association
Tax history
19 years of records
YearTax paidAssessed value
Apr 8, 2024$2,213$208,800
Apr 8, 2023$2,079$182,500
Apr 8, 2022$1,995$164,600
Apr 8, 2021$1,698$156,400
Apr 8, 2020$547$134,300
Apr 8, 2019$537$120,600
Apr 8, 2018$558$109,200
Apr 8, 2017$591$100,400
Apr 8, 2016$506$98,600
Apr 8, 2014$496$103,200
Apr 8, 2013$477$103,200
Apr 8, 2012$477$101,500
Apr 8, 2011—$101,400
Apr 8, 2010$458$97,500
Apr 8, 2009$449$103,700
Apr 8, 2007—$117,000
Apr 8, 2006—$117,000
Apr 8, 2005—$95,200
Apr 8, 2004—$95,200
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 08:27:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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