Come see this 2 Bedrooms and one bonus room. 1 Bath ranch-style is a must-see, priced to this property offers the perfect blend of comfort and convenience. The open floor plan welcomes you with abundant natural light, highlighting the spacious living area. The well-maintained backyard is an entertainer's paradise. Seize the opportunity to make this your forever home. Located near restaurants and stores.
Sold
$135,000
5209 Melrose Ave, Indianapolis, IN 46241
2beds
1,440sqft
Residential, Single Family Residence
Built in 1930
4,791 Square Feet Lot
$136,100 Zestimate®
$94/sqft
$1,401 Estimated rent
Home value
$136,100
$125,000 - $148,000
$1,401/mo
Zestimate® history
Owner options
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$1,401/mo
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$892/mo
Est. payment
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$892/mo
Est. payment
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List your homeWhat's special
Abundant natural lightWell-maintained backyardOpen floor plan
Zillow last checked:
Listing updated:
Listed by:
Roberto Mejia 463-253-4525,
F.C. Tucker Company
Bought with:
Roberto Mejia
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22034466
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: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Bonus room
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10X10
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Other
Features
- Hardwood Floors
- Flooring: Hardwood
- Has basement: No
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 491118113251000900
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Other
- Foundation: Slab
Condition
- New construction: No
- Year built: 1930
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: $94/sqft
- Tax assessed value: $106,700
- Annual tax amount: $1,036
- Date on market: 4/25/2025
- Cumulative days on market: 33 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $135,000-3.5%$94/sqft |
Source:  MIBOR as distributed by MLS GRID #22034466 Report a problem | ||
| 6/17/2025 | Pending sale | $139,900$97/sqft |
Source: MIBOR as distributed by MLS GRID #22034466 Report a problem | ||
| 6/3/2025 | Price change | $139,900-6.7%$97/sqft |
Source: MIBOR as distributed by MLS GRID #22034466 Report a problem | ||
| 6/2/2025 | Listed for sale | $149,900$104/sqft |
Source: MIBOR as distributed by MLS GRID #22034466 Report a problem | ||
| 5/15/2025 | Pending sale | $149,900$104/sqft |
Source: MIBOR as distributed by MLS GRID #22034466 Report a problem | ||
| 5/8/2025 | Price change | $149,900-3.3%$104/sqft |
Source: MIBOR as distributed by MLS GRID #22034466 Report a problem | ||
| 4/25/2025 | Listed for sale | $155,000-5.4%$108/sqft |
Source: MIBOR as distributed by MLS GRID #22034466 Report a problem | ||
| 4/3/2024 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21963008 Report a problem | ||
| 3/4/2024 | Price change | $163,800-3%$114/sqft |
Source: MIBOR as distributed by MLS GRID #21963008 Report a problem | ||
| 2/14/2024 | Price change | $168,800-2.9%$117/sqft |
Source: MIBOR as distributed by MLS GRID #21963008 Report a problem | ||
| 2/9/2024 | Listed for sale | $173,900+3201.7%$121/sqft |
Source: MIBOR as distributed by MLS GRID #21963008 Report a problem | ||
| 8/28/2012 | Sold | $5,267+5.3%$4/sqft |
Source: Public Record Report a problem | ||
| 11/6/2007 | Sold | $5,000$3/sqft |
Source: MIBOR as distributed by MLS GRID #2762885 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,986 -2.1% | $106,700 +26.3% |
| 2024 | $2,029 +9% | $84,500 -1.2% |
| 2023 | $1,861 +79.5% | $85,500 +9.1% |
| 2022 | $1,037 +21.9% | $78,400 +104.2% |
| 2021 | $851 | $38,400 +21.9% |
| 2020 | $851 +3.7% | $31,500 |
| 2019 | $820 -2.7% | $31,500 -9.7% |
| 2018 | $843 -16% | $34,900 +1.2% |
| 2017 | $1,003 +4.7% | $34,500 -12.7% |
| 2016 | $959 +18.7% | $39,500 -2.2% |
| 2014 | $808 | $40,400 |
| 2013 | -- | $40,400 +3.6% |
| 2012 | -- | $39,000 -30.5% |
| 2011 | -- | $56,100 -1.2% |
| 2010 | $1,192 -1.7% | $56,800 -1.7% |
| 2009 | $1,213 | $57,800 -4.5% |
| 2007 | -- | $60,500 +17% |
| 2006 | -- | $51,700 -3% |
| 2005 | -- | $53,300 |
Find assessor info on the county website
Neighborhood: Park Fletcher
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Nearby schools
GreatSchools rating
- 4/10Maplewood Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 4/10Lynhurst 7th & 8th Grade CenterGrades: 7-8Distance: 1.1 mi
- 3/10Ben Davis High SchoolGrades: 10-12Distance: 3.7 mi
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Estimated market value
$136,100
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
$136,100
- Indiana
- Marion County
- Indianapolis
- 46241
- Park Fletcher
- 5209 Melrose Ave
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