Welcome to this beautiful new construction 3 bed 2 bath home in the west side of Indianapolis. Starting on the exterior this home has brand new everything! The lot features a huge driveway and large 2 car garage with plenty of workspace & storage. A Spacious backyard with a large deck and a full privacy fence. Property comes with full extra lot with endless building possibilities!!! Heading inside you are welcomed by an open concept floorpan with vaulted ceilings and new LVP throughout home. A beautiful kitchen with a large center island, new cabinets, gold fixtures, and stainless steel appliances. A large laundry room with shelving and tile floors. Off the living room we have three bedrooms and two full bathrooms. The primary suite features a large closet space and the bathroom features a double vanity sink and tile floors. The main bathroom features large modern vanity & tile floors The two additional bedrooms feature high end carpet and spacious closets. Great location nestled in a family friendly neighborhood that's currently being developed for future upside! 10 Min away from downtown & the airport with access to all highways close by. Plenty of local shopping and dining and a short drive to everything else. NO HOA! And for the investors we have a move in ready rental and full extra lot ready to build!!!!
Sold
$276,500
4625 Melrose Ave, Indianapolis, IN 46241
3beds
1,500sqft
Residential, Single Family Residence
Built in 2023
0.43 Acres Lot
$280,100 Zestimate®
$184/sqft
$1,909 Estimated rent
Home value
$280,100
$260,000 - $300,000
$1,909/mo
Zestimate® history
Owner options
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$1,909/mo
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$1,909/mo
Rent Zestimate®
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$1,725/mo
Est. payment
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$1,725/mo
Est. payment
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List your homeWhat's special
Large deckModern vanityFull privacy fenceHuge drivewayPrimary suiteThree bedroomsGold fixtures
Zillow last checked:
Listing updated:
Listed by:
Sarah Schaefer 317-833-4397,
White Stag Realty, LLC
Bought with:
Mike Ellis
Ellis & Associates
Source: MIBOR as distributed by MLS GRID,MLS#: 22055881
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 184.6 Square Feet
- Dimensions: 14.2x13
Bedroom 2
- Level: Main
- Area: 115.36 Square Feet
- Dimensions: 10.3x11.2
Bedroom 3
- Level: Main
- Area: 115.36 Square Feet
- Dimensions: 10.3x11.2
Dining room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10x14
Kitchen
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 77 Square Feet
- Dimensions: 7.7x10
Living room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator
Features
- Hardwood Floors, High Speed Internet
- Flooring: Hardwood
- Has basement: No
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.43 Acres
Details
- Parcel number: 491118103011000900
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Details
- Builder name: Jessie Suarez
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: $184/sqft
- Tax assessed value: $308,800
- Annual tax amount: $706
- Date on market: 8/12/2025
- Cumulative days on market: 93 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $276,500-4.7%$184/sqft |
Source:  MIBOR as distributed by MLS GRID #22055881 Report a problem | ||
| 11/12/2025 | Pending sale | $290,000$193/sqft |
Source: MIBOR as distributed by MLS GRID #22055881 Report a problem | ||
| 10/30/2025 | Price change | $290,000-3%$193/sqft |
Source: MIBOR as distributed by MLS GRID #22055881 Report a problem | ||
| 10/6/2025 | Price change | $299,000-3.5%$199/sqft |
Source: MIBOR as distributed by MLS GRID #22055881 Report a problem | ||
| 9/22/2025 | Price change | $310,000-7.5%$207/sqft |
Source: MIBOR as distributed by MLS GRID #22055881 Report a problem | ||
| 8/29/2025 | Price change | $335,000-4.3%$223/sqft |
Source: MIBOR as distributed by MLS GRID #22055881 Report a problem | ||
| 8/12/2025 | Listed for sale | $349,999+3081.8%$233/sqft |
Source: MIBOR as distributed by MLS GRID #22055881 Report a problem | ||
| 10/14/2009 | Sold | $11,000-49.5%$7/sqft |
Source: MIBOR as distributed by MLS GRID #2944269 Report a problem | ||
| 9/6/2009 | Listed for sale | $21,800$15/sqft |
Source: Advanced Realty, LLC #2944269 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $373 -47.1% | $308,800 +687.8% |
| 2024 | $706 +19.2% | $39,200 -49.3% |
| 2023 | $593 +81.1% | $77,300 +7.2% |
| 2022 | $327 +28.3% | $72,100 +77.6% |
| 2021 | $255 -72.3% | $40,600 +19.1% |
| 2020 | $921 +5% | $34,100 |
| 2019 | $877 -2.3% | $34,100 -8.6% |
| 2018 | $897 -16.9% | $37,300 +1.4% |
| 2017 | $1,079 +129.6% | $36,800 -11.3% |
| 2016 | $470 -49.9% | $41,500 -11.5% |
| 2014 | $938 -15.6% | $46,900 -17.6% |
| 2013 | $1,112 | $56,900 +2.3% |
| 2012 | $1,112 | $55,600 +118.9% |
| 2011 | -- | $25,400 -67.7% |
| 2010 | $1,574 -1.6% | $78,700 -1.6% |
| 2009 | $1,600 | $80,000 -4.2% |
| 2007 | -- | $83,500 +297.6% |
| 2002 | -- | $21,000 +200% |
| 2001 | -- | $7,000 +29.6% |
| 2000 | -- | $5,400 |
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
$280,100
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Estimated market value
$280,100
- Indiana
- Marion County
- Indianapolis
- 46241
- Stout Field
- 4625 Melrose Ave
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