Welcome home to this charming 3-bedroom, 1-bath bungalow offering 1,056 sq. ft. of comfortable single-level living! Built in 1982, this home features low-maintenance vinyl siding, vinyl windows, and a functional layout designed for everyday convenience. Whether you're a first-time homebuyer, looking to downsize, or seeking an investment opportunity, this property offers great potential and value. Schedule your showing today!
Sold
$124,900
4607 Melrose Ave, Indianapolis, IN 46241
3beds
1,056sqft
Residential, Single Family Residence
Built in 1982
4,791 Square Feet Lot
$122,700 Zestimate®
$118/sqft
$1,389 Estimated rent
Home value
$122,700
$117,000 - $129,000
$1,389/mo
Zestimate® history
Owner options
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$1,389/mo
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$628/mo
Est. payment
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$628/mo
Est. payment
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List your homeWhat's special
Low-maintenance vinyl sidingVinyl windows
Zillow last checked:
Listing updated:
Listed by:
Terry Young 765-335-1905,
Red Bridge Real Estate
Bought with:
Maria Castano
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22108545
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator
Features
- Breakfast Bar
- Windows: WoodWorkStain/Painted
- Has basement: No
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 491118103013000900
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Drexel Gardens
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $91,800
- Annual tax amount: $1,708
- Date on market: 6/16/2026
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Sold | $124,900$118/sqft |
Source:  MIBOR as distributed by MLS GRID #22108545 Report a problem | ||
| 6/19/2026 | Pending sale | $124,900$118/sqft |
Source: MIBOR as distributed by MLS GRID #22108545 Report a problem | ||
| 6/16/2026 | Listed for sale | $124,900-16.7%$118/sqft |
Source: MIBOR as distributed by MLS GRID #22108545 Report a problem | ||
| 12/11/2025 | Listing removed | $150,000$142/sqft |
Source: MIBOR as distributed by MLS GRID #22044727 Report a problem | ||
| 6/13/2025 | Listed for sale | $150,000+200%$142/sqft |
Source: MIBOR as distributed by MLS GRID #22044727 Report a problem | ||
| 7/1/2017 | Listing removed | $50,000$47/sqft |
Source: Carpenter Realtors, Inc. #21458492 Report a problem | ||
| 5/9/2017 | Price change | $50,000-16.7%$47/sqft |
Source: Carpenter Realtors, Inc. #21458492 Report a problem | ||
| 3/27/2017 | Price change | $60,000-10.4%$57/sqft |
Source: Carpenter Realtors, Inc. #21458492 Report a problem | ||
| 3/17/2017 | Price change | $67,000-1.5%$63/sqft |
Source: Carpenter Realtors, Inc. #21458492 Report a problem | ||
| 2/17/2017 | Price change | $68,000-5.6%$64/sqft |
Source: West #21458492 Report a problem | ||
| 1/20/2017 | Price change | $72,000-4%$68/sqft |
Source: West #21458492 Report a problem | ||
| 12/30/2016 | Listed for sale | $75,000+354.5%$71/sqft |
Source: Carpenter, REALTORS #21458492 Report a problem | ||
| 8/6/2008 | Sold | $16,500$16/sqft |
Source: Public Record Report a problem | ||
| 5/5/2008 | Sold | $16,500-2.4%$16/sqft |
Source: MIBOR as distributed by MLS GRID #2800865 Report a problem | ||
| 3/15/2008 | Price change | $16,900-26.2%$16/sqft |
Source: Keller Williams Realty #2800865 Report a problem | ||
| 3/9/2008 | Listed for sale | $22,900-49.1%$22/sqft |
Source: Keller Williams Realty #2800865 Report a problem | ||
| 12/6/2007 | Sold | $45,000+50.5%$43/sqft |
Source: Public Record Report a problem | ||
| 10/21/2005 | Sold | $29,900$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,708 -1.1% | $91,800 +26.3% |
| 2024 | $1,727 +9% | $72,700 -1.1% |
| 2023 | $1,584 +69.9% | $73,500 +9.1% |
| 2022 | $932 +21.2% | $67,400 +96.5% |
| 2021 | $769 0% | $34,300 +21.2% |
| 2020 | $769 +3.9% | $28,300 |
| 2019 | $741 -56.1% | $28,300 -9.6% |
| 2018 | $1,687 +23.5% | $31,300 +1% |
| 2017 | $1,367 +58.2% | $31,000 -12.4% |
| 2016 | $864 +18.6% | $35,400 -1.9% |
| 2014 | $728 +3.1% | $36,100 |
| 2013 | $706 | $36,100 +3.1% |
| 2012 | $706 | $35,000 -20.3% |
| 2011 | -- | $43,900 -1.6% |
| 2010 | $901 -1.5% | $44,600 -1.5% |
| 2009 | $915 | $45,300 -4.2% |
| 2007 | -- | $47,300 +16.2% |
| 2006 | -- | $40,700 -12.3% |
| 2005 | -- | $46,400 |
| 2004 | -- | $46,400 |
| 2003 | -- | $46,400 +188.2% |
| 2002 | -- | $16,100 +200.4% |
| 2001 | -- | $5,360 |
| 2000 | -- | $5,360 |
Find assessor info on the county website
Neighborhood: Stout Field
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Nearby schools
GreatSchools rating
- 5/10Stout Field Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 4/10Lynhurst 7th & 8th Grade CenterGrades: 7-8Distance: 1.1 mi
- NABen Davis Ninth Grade CenterGrades: 9Distance: 4.2 mi
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Estimated market value
$122,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$122,700
- Indiana
- Marion County
- Indianapolis
- 46241
- Stout Field
- 4607 Melrose Ave
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