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Active
    • Price cut: $10K (7/16)
    $259,900

    4525 Melbourne Rd, Indianapolis, IN 46228

    3beds
    1,823sqft
    : 
    $1,751/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1955
    0.38 Acres Lot
    $-- Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceWarm inviting living spacesKitchen features brand-new flooringFully fenced lotNewer roofFunctional single-level layout
    ASK ABOUT SELLER CREDIT TO BUY DOWN LOAN INTEREST RATE! Great introduction to homeownership with below market interest rates! Inspected, turn-key, and ready for move-in, well-maintained 3-bedroom, 1.5-bath brick ranch on a private, wooded and fully fenced lot. Located right along the border of Washington Township-an open school district-this home offers added flexibility for schooling options while maintaining the comfort of a quiet neighborhood setting. Inside, you'll find a functional single-level layout with warm, inviting living spaces. A wood-burning fireplace creates the perfect focal point for relaxing evenings, while the kitchen features brand-new flooring and a layout that flows easily for everyday living and entertaining. Original hardwood flooring runs throughout all three bedrooms, adding character and durability. Major updates provide peace of mind, including a newer roof and updated mechanicals, making this home truly move-in ready. The private backyard view of mature trees, a fully fenced lot, and plenty of space for any outdoor activities. Conveniently located near Saddlebrook Golf Club and just minutes from major roadways, commuting is simple, while still enjoying the tranquility of an established neighborhood.
    139 days
    |
    476
    |
    56
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim O'Connor 317-590-3785,

    Berkshire Hathaway Home,

    Caolan Hoff 317-652-7300

    Source: MIBOR as distributed by MLS GRID,MLS#: 22088547MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Bedroom 2
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Bedroom 3
      • Level: Main
      • Area: 99 Square Feet
      • Dimensions: 11x9
      Dining room
      • Level: Main
      • Area: 286 Square Feet
      • Dimensions: 22x13
      Kitchen
      • Level: Main
      • Area: 209 Square Feet
      • Dimensions: 19x11
      Laundry
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 9x8
      Living room
      • Level: Main
      • Area: 437 Square Feet
      • Dimensions: 23x19
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Water Heater, Disposal, Electric Oven, Refrigerator, Washer
      Features
      • Kitchen Island, Hardwood Floors
      • Flooring: Hardwood
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Wood Burning
      Interior area
      • Total structure area: 1,823
      • Total interior livable area: 1,823 sqft

      Property

      Parking
      • Parking features: Asphalt
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch
      Lot
      • Size: 0.38 Acres
      Details
      • Parcel number: 490617124032000600
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Northern Estates
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $143/sqft
      • Tax assessed value: $264,000
      • Annual tax amount: $2,760
      • Date on market: 3/18/2026
      • Cumulative days on market: 132 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/16/2026Price change$259,900-3.7%$143/sqft
        Source: MIBOR as distributed by MLS GRID #22088547 Report a problem
        5/22/2026Price change$269,900-1.9%$148/sqft
        Source: MIBOR as distributed by MLS GRID #22088547 Report a problem
        3/31/2026Listed for sale$275,000$151/sqft
        Source: MIBOR as distributed by MLS GRID #22088547 Report a problem
        3/24/2026Pending sale$275,000$151/sqft
        Source: MIBOR as distributed by MLS GRID #22088547 Report a problem
        3/18/2026Listed for sale$275,000$151/sqft
        Source: MIBOR as distributed by MLS GRID #22088547 Report a problem
        1/31/2025Listing removed$1,650$1/sqft
        Source: Zillow Rentals Report a problem
        1/23/2025Listed for rent$1,650$1/sqft
        Source: Zillow Rentals Report a problem
        11/8/2024Listing removed$275,000$151/sqft
        Source: MIBOR as distributed by MLS GRID #22001169 Report a problem
        11/7/2024Price change$275,000-1.8%$151/sqft
        Source: MIBOR as distributed by MLS GRID #22001169 Report a problem
        11/5/2024Price change$280,000-1.8%$154/sqft
        Source: MIBOR as distributed by MLS GRID #22001169 Report a problem
        10/9/2024Price change$285,000-1.7%$156/sqft
        Source: MIBOR as distributed by MLS GRID #22001169 Report a problem
        10/4/2024Price change$290,000-1.7%$159/sqft
        Source: MIBOR as distributed by MLS GRID #22001169 Report a problem
        9/12/2024Listed for sale$295,000-1.7%$162/sqft
        Source: MIBOR as distributed by MLS GRID #22001169 Report a problem
        11/10/2023Listing removed--
        Source: MIBOR as distributed by MLS GRID #21948209 Report a problem
        10/26/2023Price change$300,000-1.6%$165/sqft
        Source: MIBOR as distributed by MLS GRID #21948209 Report a problem
        10/20/2023Price change$305,000-1.6%$167/sqft
        Source: MIBOR as distributed by MLS GRID #21948209 Report a problem
        10/12/2023Listed for sale$310,000+73.2%$170/sqft
        Source: MIBOR as distributed by MLS GRID #21948209 Report a problem
        4/29/2019Sold$179,000-3.2%$98/sqft
        Source: MIBOR as distributed by MLS GRID #21615353 Report a problem
        3/21/2019Pending sale$185,000$101/sqft
        Source: MIBOR REALTOR Association #21615353 Report a problem
        3/12/2019Listed for sale$185,000$101/sqft
        Source: MIBOR REALTOR Association #21615353 Report a problem
        3/5/2019Pending sale$185,000$101/sqft
        Source: MIBOR REALTOR Association #21615353 Report a problem
        1/19/2019Listed for sale$185,000+112.6%$101/sqft
        Source: MIBOR REALTOR Association #21615353 Report a problem
        10/31/2018Sold$87,000$48/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,759 +15.4%$264,000 +7.2%
        2024$2,391 -33.3%$246,200 +3%
        2023$3,584 +4.2%$239,000 +33.4%
        2022$3,439 +4.1%$179,200 +4.2%
        2021$3,303 +29.6%$171,900 +4.1%
        2020$2,549 +29.1%$165,100 +29.6%
        2019$1,975 +86.8%$127,400 +2.1%
        2018$1,057 -0.6%$124,800 +11.3%
        2017$1,063 +14.3%$112,100 +3.9%
        2016$929 +8.5%$107,900 +6.3%
        2014$856 +6%$101,500 +1.7%
        2013$807 $99,800 -3%
        2012$807 $102,900 -5.6%
        2011-- $109,000 -4.6%
        2010$871 -3.2%$114,200 -3.5%
        2009$899 $118,300 -0.8%
        2007-- $119,200 -2%
        2006-- $121,600 +10.6%
        2005-- $109,900
        2004-- $109,900
        2003-- $109,900 +83.5%
        2002-- $59,900 +199.9%
        2001-- $19,970
        2000-- $19,970
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Snacks-Guion Creek

        Getting around

        9 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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