2 months on rocket

4525 Melbourne Rd, Indianapolis, IN, 46228

$275,000

Home List Price

$3,266*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,823 SqFt
$151/SqFt
House

Location

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4525 Melbourne Rd, Indianapolis$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1955
HeatingNatural Gas
CoolingCentral Air
FireplaceLiving Room, Woodburning Fireplce
MLS #22001169
Lot Size0.38 Acres
StatusActive

About 4525 Melbourne Rd

Welcome to this charming 3-bedroom, 1.5-bathroom all-brick ranch nestled on a large lot with no HOA! Step into the spacious living room, where a cozy wood-burning fireplace, large windows, and a ceiling fan create an inviting atmosphere. The kitchen boasts new LVP flooring, ample counter and cabinet space, a center island, and stainless steel appliances. Enjoy meals in the eat-in kitchen with custom bench seating or host gatherings in the formal dining room, illuminated by huge windows that flood the space with natural light. The dining room and all bedrooms showcase beautifully maintained original hardwood floors. Each of the three bedrooms offers generous closet space and large windows, and they share a full bathroom with a sizable vanity and shower/tub combo. An additional half bathroom adds convenience. Recent updates include newer Pella windows, a new roof, gutters, and shingles installed in August 2024, as well as upgraded plumbing with outside drain access in October 2022. Outside, you'll find a large, fully fenced backyard with mature trees, perfect for kids, pets, or outdoor activities. This private neighborhood is both quiet and community-oriented, while being just 15 minutes from downtown, IMS, Newfields, Eagle Creek Park, and Broad Ripple. Don't wait - schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1955
  • Living Area: 1,823 SqFt

Listing Office:

  • Office Name: Mark Dietel Realty, LLC
  • Office Email: offers@markdietel.com
  • Listing Agent: Halea Kopetsky

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave Hood, Electric Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Attic Access, Center Island, Paddle Fan, Hardwood Floors, Programmable Thermostat, Screens Complete, Windows Thermal, Wood Work Painted
  • Fireplace: Living Room, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $151/SqFt

Tax Information:

  • Annual Amount: $2,549
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

4525 Melbourne Rd vs Indianapolis

72 DAYS ON ROCKET

+41 Days

$275,000

+$29.4K More

$151/SqFt

+$12 More

KEY TAKEAWAY

This property is $29.4K more than the Median Sold Price and $12/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22001169

Listing Office:

  • Office Name: Mark Dietel Realty, LLC
  • Office Email: offers@markdietel.com
  • Listing Agent: Halea Kopetsky

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 2019Home Sold
$179,000
Oct 31, 2018Home Sold
$87,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,549$165,100
2019$2,084$161,700
2018$1,132$124,800
2017$1,063$112,100

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-947787
4
/10
  • Guion Creek Elementary School

  • 4301 W 52nd St

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-947788
4
/10
  • Crooked Creek Elementary School

  • 2150 Kessler Boulevard West Dr

  • 1.82 miles

  • Public District Grades KG-5

school-card-donut-947789
3
/10
  • Carl Wilde Elementary School 79

  • 5002 W 34th St

  • 1.89 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,496. Typical income of Indianapolis, IN residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4525 Melbourne Rd

What is the listing price of this property?

The listing price of 4525 Melbourne Rd property is $275,000.

What type of property is this?

The property 4525 Melbourne Rd is a house located in Indianapolis, Indiana, 46228.

Is this property for sale now?

Active Listing: 4525 Melbourne Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,549 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2019 for $179,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4525 Melbourne Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 4525 Melbourne Rd is 1,823 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4525 Melbourne Rd is 1955.

Rocket HomesIndianaMarion CountyIndianapolis462284525 Melbourne Rd

This home is located at 4525 Melbourne Rd in Indianapolis, IN and zip code 46228 in the Northern Estates neighborhood. This 1,823 square foot home, which was built in 1955, sits on a 0.38 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $275,000.

In October 2024, from all listings sold in Indianapolis, IN there were more than 170 sold above asking price, over 519 sold below and more than 256 were sold right at the asked price. The number of listings in Indianapolis, IN increased by 3.7% between September 2024 and October 2024. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $245,515.

From Rocket Homes Real Estate and based on county public records data.

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