Skip main navigation
Sold
  • $135,000

    4905 Melrose Ave, Indianapolis, IN 46241

    2beds
    820sqft
    Residential, Single Family Residence
    Built in 1960
    4,791 Square Feet Lot
    $136,800 Zestimate®
    $165/sqft
    $1,226 Estimated rent

    Home value

    $136,800

    $127,000 - $146,000

    $1,226/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,226/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,226/mo

    Rent Zestimate®

    Refinance and save

    $892/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $892/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Off-street parkingBig drivewayAlley accessRemodeled kitchenRemodeled bathroomNeutral colors
    Remodeled home is ready to move-in. Fresh paint and carpet, remodeled kitchen, remodeled bathroom. Neutral colors you will love. This home has been made new from the ground up with all new mechanicals including wire, plumbing, roof, doors ... Wow! New 200A service; deluxe cement board siding looks like a dream. The back BR has it's own entrance and has alley access. Big driveway up-front for lots of off-street parking.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeneene West 317-797-8117,

    Jeneene West Realty, LLC,

    Gregg West 317-374-1507

    Bought with:

    Jeneene West

    Jeneene West Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22068393MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Bedroom 2
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Kitchen
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17x12
    Living room
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: None
    Features
    • Attic Access
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 820
    • Total interior livable area: 820 sqft

    Property

    Parking
    • Parking features: Alley Access
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Storage
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 491118113171000900
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cement Siding
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Drexel Gardens
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $165/sqft
    • Tax assessed value: $57,400
    • Annual tax amount: $1,090
    • Date on market: 10/15/2025
    • Cumulative days on market: 8 days

    Price history

    DateEventPrice
    12/5/2025Sold$135,000-10%$165/sqft
    Source: MIBOR as distributed by MLS GRID #22068393 Report a problem
    10/22/2025Pending sale$150,000$183/sqft
    Source: MIBOR as distributed by MLS GRID #22068393 Report a problem
    10/15/2025Listed for sale$150,000$183/sqft
    Source: MIBOR as distributed by MLS GRID #22068393 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,090 -1.1%$57,400 +23.7%
    2024$1,103 +8.8%$46,400 -1.1%
    2023$1,014 +53.9%$46,900 +8.8%
    2022$659 +9.4%$43,100 +76.6%
    2021$602 $24,400 +9.4%
    2020$602 +5.4%$22,300
    2019$571 +0.8%$22,300 -8.2%
    2018$566 -1.3%$24,300 +0.8%
    2017$574 +4.3%$24,100 +1.3%
    2016$550 +19%$23,800 +3%
    2014$462 +3.1%$23,100
    2013$448 $23,100 +3.1%
    2012$448 $22,400 -8.2%
    2011-- $24,400 -1.6%
    2010$496 -1.6%$24,800 -1.6%
    2009$504 $25,200 +63.6%
    2007-- $15,400
    Find assessor info on the county website

    Neighborhood: Park Fletcher

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $136,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $136,800