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Off market
  • $103,600

    5228 Melrose Ave, Indianapolis, IN 46241

    2beds
    1baths
    816sqft
    SingleFamily
    Built in 1951
    4,791 Square Feet Lot
    $103,600 Zestimate®
    $127/sqft
    $1,233 Estimated rent

    Home value

    $103,600

    $86,000 - $120,000

    $1,233/mo

    Zestimate® history
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    Owner options

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    $1,233/mo

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    $1,233/mo

    Rent Zestimate®

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    $521/mo

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    $521/mo

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    What's special

    This beautifully newly remodeled property boasts a nice fully fenced in property and has all the amenities you'll need. Quiet neighborhood and nice neighbors! Conveniently pretty close to the downtown area in Indianapolis and the 465 fwy. Featuring 2 Bedrooms, 1 full Bath, and a Medium Size Den to entertain family or friends. Central heating and air system provided. In unit washer & dryer hookups for a stackable washer and dryer. 10x10 Storage Shed included in the rent for easy storage of holiday decorations, etc. Tenants are responsible for all their own utilities. Come take a look before its gone. It wont last long. no smoking inside and tenants cover all their own utilities. Cats are okay, there is a pet deposit per animal. It depends on breed and other factors. Dogs depending on size will need to be kenneled or put inside on days were complimentary landscaping is done, ex. Lawnmowing & weedwacking. Applicants typically below a 620 fico score are not considered. Applicants with past evictions or extensive criminal histories are typically not considered also. Section 8 not considered at the moment. If you meet the criteria above. We look forward to hearing from you. Thank you.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 816 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 491118113044000900

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1951

    Community & HOA

    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $127/sqft
    • Tax assessed value: $77,600
    • Annual tax amount: $1,464

    Price history

    DateEventPrice
    3/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/20/2024Listed for rent$1,275+27.5%$2/sqft
    Source: Zillow Rentals Report a problem
    1/6/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    12/15/2021Listed for rent$1,000+25%$1/sqft
    Source: Zillow Rental Manager Report a problem
    10/12/2020Listing removed$800$1/sqft
    Source: Zillow Rental Manager Report a problem
    10/8/2020Listed for rent$800$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/14/2019Sold$34,000-7.9%$42/sqft
    Source: Public Record Report a problem
    11/19/2018Listing removed$36,900$45/sqft
    Source: RE/MAX CENTERSTONE #21551967 Report a problem
    11/5/2018Listed for sale$36,900-12.1%$45/sqft
    Source: RE/MAX CENTERSTONE #21551967 Report a problem
    4/17/2018Listing removed$42,000$51/sqft
    Source: RE/MAX CENTERSTONE #21551967 Report a problem
    3/18/2018Listed for sale$42,000$51/sqft
    Source: RE/MAX CENTERSTONE #21551967 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,464 -1%$77,600 +24.6%
    2024$1,479 +8.8%$62,300 -1%
    2023$1,359 +11.9%$62,900 +8.8%
    2022$1,215 +22%$57,800 +28.4%
    2021$996 +10107.8%$45,000 +22%
    2020$10 -75.5%$36,900 +197.6%
    2019$40 -43.2%$12,400 -19.5%
    2018$70 -52.2%$15,400 +1.3%
    2017$147 +48.4%$15,200 -22.8%
    2016$99 +22.6%$19,700 -3%
    2014$81 +9.1%$20,300
    2013$74 $20,300 +5.2%
    2012$74 $19,300 -8.1%
    2011-- $21,000 -2.3%
    2010$85 +5.8%$21,500 -2.7%
    2009$80 $22,100 -45.3%
    2007-- $40,400
    Find assessor info on the county website

    Neighborhood: Park Fletcher

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $103,600
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    Estimated market value
    $103,600