5118 Melrose Ave, Indianapolis, IN 46241 is a single family home that contains 1,104 sq ft and was built in 1956. It contains 3 bedrooms and 2 bathrooms. This home last sold for $50,000 in October 2023.
The Zestimate for this house is $179,600. The Rent Zestimate for this home is $1,461/mo.
Sold for $50,000
Street View
$50,000
5118 Melrose Ave, Indianapolis, IN 46241
3beds
1,104sqft
SingleFamily
Built in 1956
4,704 Square Feet Lot
$179,600 Zestimate®
$45/sqft
$1,461 Estimated rent
Home value
$179,600
$158,000 - $198,000
$1,461/mo
Zestimate® history
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$251/mo
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer
Interior area
- Total interior livable area: 1,104 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
Features
- Exterior features: Brick
Lot
- Size: 4,704 Square Feet
Details
- Parcel number: 491118113119000900
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1956
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $45/sqft
- Tax assessed value: $156,600
- Annual tax amount: $1,395
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2023 | Sold | $50,000$45/sqft |
Source: Public Record Report a problem | ||
| 6/12/2018 | Sold | $50,000-8.3%$45/sqft |
Source:  MIBOR as distributed by MLS GRID #21523281 Report a problem | ||
| 5/26/2018 | Pending sale | $54,499$49/sqft |
Source: Norton Real Estate #21523281 Report a problem | ||
| 11/18/2017 | Price change | $54,499+4.4%$49/sqft |
Source: Norton Real Estate #21523281 Report a problem | ||
| 9/22/2017 | Price change | $52,199-0.4%$47/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 8/1/2017 | Listed for sale | $52,399$47/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 7/24/2017 | Pending sale | $52,399$47/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 6/29/2017 | Price change | $52,399-0.9%$47/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 6/21/2017 | Price change | $52,900-1.1%$48/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 11/14/2016 | Price change | $53,500+3.1%$48/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 11/2/2016 | Listed for sale | $51,900$47/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 10/1/2016 | Listing removed | $51,900$47/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 7/10/2016 | Listing removed | $795+9.7%$1/sqft |
Source: Norton Real Estate #21426724 Report a problem | ||
| 5/10/2016 | Price change | $51,900-5.6%$47/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 3/21/2016 | Price change | $55,000-15.3%$50/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 9/12/2015 | Listed for sale | $64,900+63.6%$59/sqft |
Source: Norton Real Estate #21375825 Report a problem | ||
| 4/8/2013 | Listing removed | $725$1/sqft |
Source: Blue River Realty and Management Report a problem | ||
| 4/2/2013 | Listed for rent | $725-1.4%$1/sqft |
Source: Blue River Realty and Management Report a problem | ||
| 10/5/2011 | Sold | $39,665+80.3%$36/sqft |
Source: Public Record Report a problem | ||
| 7/8/2011 | Listing removed | $735$1/sqft |
Source: Common Ground Realty, LLC Report a problem | ||
| 6/11/2011 | Listed for rent | $735$1/sqft |
Source: Common Ground Realty, LLC Report a problem | ||
| 5/17/2011 | Sold | $22,000+4.8%$20/sqft |
Source: MIBOR as distributed by MLS GRID #21111179 Report a problem | ||
| 3/16/2011 | Listed for sale | $21,000$19/sqft |
Source: Advanced Realty, LLC #21111179 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,395 -52.3% | $156,600 +27.2% |
| 2024 | $2,924 +8.9% | $123,100 -1% |
| 2023 | $2,685 +32.2% | $124,400 +8.9% |
| 2022 | $2,031 +21.7% | $114,200 +51.9% |
| 2021 | $1,670 +1.3% | $75,200 +21.7% |
| 2020 | $1,649 +26.2% | $61,800 |
| 2019 | $1,306 -1% | $61,800 +10.6% |
| 2018 | $1,319 -19.3% | $55,900 +1.5% |
| 2017 | $1,636 +2.9% | $55,100 -15.9% |
| 2016 | $1,589 +18.2% | $65,500 -2.2% |
| 2014 | $1,344 +3.5% | $67,000 |
| 2013 | $1,298 | $67,000 +3.6% |
| 2012 | $1,298 | $64,700 +1.1% |
| 2011 | -- | $64,000 -1.4% |
| 2010 | $1,303 -1.8% | $64,900 -1.8% |
| 2009 | $1,327 | $66,100 -4.5% |
| 2007 | -- | $69,200 +17.5% |
| 2006 | -- | $58,900 -12.7% |
| 2005 | -- | $67,500 |
| 2004 | -- | $67,500 |
| 2003 | -- | $67,500 +190.9% |
| 2002 | -- | $23,200 +199.7% |
| 2001 | -- | $7,740 |
| 2000 | -- | $7,740 |
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: 1.1 mi
- 3/10Ben Davis High SchoolGrades: 10-12Distance: 3.8 mi
Schools provided by the listing agent
- District: Wayne Township
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$179,600
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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
$179,600
- Indiana
- Marion County
- Indianapolis
- 46241
- Park Fletcher
- 5118 Melrose Ave
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