2 Bedroom, 1 Bath home on a quiet street. Lots of value in this move in ready home, but could use some TLC. Fenced in back yard, carport plus a huge 38x14 garage with bump out workshop. Newer Siding, roof around 5 years old.
Sold
$52,000
4931 Melrose Ave, Indianapolis, IN 46241
2beds
770sqft
Residential, Single Family Residence
Built in 1944
4,791 Square Feet Lot
$92,200 Zestimate®
$68/sqft
$1,240 Estimated rent
Home value
$92,200
$70,000 - $116,000
$1,240/mo
Zestimate® history
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$261/mo
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List your homeWhat's special
Bump out workshopNewer sidingReady home
Zillow last checked:
Listing updated:
Listed by:
Brian Watson 317-710-3577,
Innovative Home Realty
Bought with:
Suzan Shoemaker
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 21922230
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: 120 Square Feet
- Dimensions: 10x12
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Family room
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Kitchen
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Heating
- Forced Air
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Laundry Connection in Unit, Gas Oven, Water Heater
- Laundry: Laundry Connection in Unit
Features
- Windows: WoodWorkStain/Painted
- Has basement: No
Interior area
- Total structure area: 770
- Total interior livable area: 770 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Garage Parking Other(Service Door)
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 491118113131000900
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter, Other
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Water: Municipal/City
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Drexel Gardens
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $72,100
- Annual tax amount: $446
- Date on market: 5/19/2023
- Cumulative days on market: 51 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2023 | Sold | $52,000-24.6%$68/sqft |
Source:  MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 8/1/2023 | Pending sale | $69,000$90/sqft |
Source: MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 7/19/2023 | Price change | $69,000-1.4%$90/sqft |
Source: MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 7/8/2023 | Pending sale | $70,000$91/sqft |
Source: MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 7/3/2023 | Price change | $70,000-29.3%$91/sqft |
Source: MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 6/29/2023 | Listed for sale | $99,000$129/sqft |
Source: MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 6/27/2023 | Pending sale | $99,000$129/sqft |
Source: MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 6/14/2023 | Price change | $99,000-5.7%$129/sqft |
Source: MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 5/19/2023 | Listed for sale | $105,000+320%$136/sqft |
Source: MIBOR as distributed by MLS GRID #21922230 Report a problem | ||
| 10/10/2012 | Sold | $25,000+31.6%$32/sqft |
Source: Public Record Report a problem | ||
| 10/30/2002 | Sold | $19,000$25/sqft |
Source: MIBOR as distributed by MLS GRID #2216898 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,382 +129.8% | $72,100 +22.6% |
| 2024 | $601 +35% | $58,800 -37% |
| 2023 | $446 | $93,400 +9% |
| 2022 | -- | $85,700 +75.3% |
| 2021 | -- | $48,900 +22.3% |
| 2020 | -- | $40,000 |
| 2019 | -- | $40,000 -10.1% |
| 2018 | $32 -57.4% | $44,500 +0.5% |
| 2017 | $75 +27.5% | $44,300 -12.8% |
| 2016 | $59 | $50,800 -7.5% |
| 2014 | $59 | $54,900 |
| 2013 | $59 | $54,900 +2.8% |
| 2012 | -- | $53,400 +10.6% |
| 2011 | -- | $48,300 -1.2% |
| 2010 | -- | $48,900 -1.6% |
| 2009 | -- | $49,700 -4.4% |
| 2007 | -- | $52,000 -1% |
| 2003 | -- | $52,500 +176.3% |
| 2002 | -- | $19,000 +199.7% |
| 2001 | -- | $6,340 |
| 2000 | -- | $6,340 |
Find assessor info on the county website
Neighborhood: Park Fletcher
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Nearby schools
GreatSchools rating
- 4/10Maplewood Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Lynhurst 7th & 8th Grade CenterGrades: 7-8Distance: 1 mi
- NABen Davis Ninth Grade CenterGrades: 9Distance: 4 mi
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Estimated market value
$92,200
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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
$92,200
- Indiana
- Marion County
- Indianapolis
- 46241
- Park Fletcher
- 4931 Melrose Ave
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