OFF MARKET

Off Market Jul 2024 for $295K

$317,319

•

1,954

sq ft

4157 Melbourne Rd, Indianapolis, IN 46228

About this home

This ranch-style home sounds like a dream! From the inviting formal living room to the cozy family room with its charming wood beam ceiling and fireplace, it seems like the perfect space for both relaxation and entertaining. The split layout with secondary bedrooms on one side and a spacious primary bedroom on the other offers privacy and convenience. The new and refinished hardwood floors add a touch of elegance, and the vintage full bath adds character. The kitchen sounds like a chef's delight with its matte stainless appliances, shiplap accents, and painted cabinets. And the screened porch overlooking the sprawling backyard, complete with a new fire pit and paver patio, sounds like an ideal spot to enjoy the outdoors bug-free. With all appliances included and an attached garage for added convenience, this home truly has it all!

Single-familyProperty Type

1958Year Built

0.49 acresLot Size

$162Est. Price/Sq.Ft.

2 car garageParking

Listed by Doug Dilling • United Real Estate Indpls

Listed by Aaron Elliott • United Real Estate Indpls

Contact: doug@dillinggrouprealestate.com

Bought with Alex Montagano • eXp Realty, LLC

Bought with Sara Berry • eXp Realty, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21971567

Redfin Estimate

$317,319

$22K since sold in July 2024$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.4% lower than the average sale price ($322K) of 6 comparable homes.

SOLD APR 17, 2026
$355,000
A
3 beds2 baths1,806 sq ft
4357 Grayson Dr, Indianapolis, IN 46228
SOLD JUL 16, 2026
$366,000
B
3 beds2.5 baths1,998 sq ft
3342 W 42nd St, Indianapolis, IN 46228
SOLD OCT 14, 2025
$327,000
C
3 beds2 baths1,968 sq ft
3389 W 42nd St, Indianapolis, IN 46228
SOLD JUL 2, 2026
$274,000
D
3 beds2 baths1,547 sq ft
4416 Melbourne Rd, Indianapolis, IN 46228
SOLD AUG 14, 2026
$337,000
E
3 beds2 baths1,836 sq ft
4917 Manning Rd, Indianapolis, IN 46228
SOLD JUN 30, 2026
$271,000
F
3 beds2 baths1,800 sq ft
4202 Sunshine Ave, Indianapolis, IN 46228

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Earn from this home

Sell

$70,020

Est. take-home

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Rent

$2,007/mo

Redfin rental estimate

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Market trends in 46228, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.1% MoM

Median sale price

$278K

$7K MoM

Avg. days on market

10d

1 days MoM

Recently sold homes

5 MoM

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See all

Provided by Redfin

Sale history for 4157 Melbourne Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21971567

Jul 3, 2024

Sold

$295,000

$151/sq ft

Jun 4, 2024

Pending

—

May 31, 2024

Listed

$284,900

$146/sq ft

MIBOR as Distributed by MLS Grid #21719637

Jun 20, 2020

Pending

—

Jun 18, 2020

Listed

$225,000

$115/sq ft

MIBOR as Distributed by MLS Grid #21641891

Jul 24, 2019

Sold

$194,000

$99/sq ft

Jun 1, 2019

Pending

—

May 30, 2019

Listed

$195,000

$100/sq ft

+27

Pleased to announce Indy's hottest new ranch! This 3 bed, 2 bath brick home is situated on half an acre of a perfectly wooded lot. Cozy family room with wood-burning fireplace, wood beamed ceiling and amazing views of the back yard. Updated kitchen, large screen porch, and huge master. Vast backyard with firepit. The location makes it easy to get around Indy, access to I65 to get downtown and Kessler Blvd to get to midtown/Broad Ripple. Updates include: all new exterior paint (2019), New water heater (2018), new windows and door in kitchen (2017), paint in 5 rooms (2016), new front door (2014) new 200 AMP service run & electrical panel installed (2013).

MIBOR as Distributed by MLS Grid #21237051

Sep 6, 2013

Listing Removed

—

Sep 4, 2013

Sold

$157,000

$80/sq ft

Jun 6, 2013

Listed

$159,000

$81/sq ft

MIBOR as Distributed by MLS Grid #2613188

Mar 1, 2006

Listed

$155,000

$79/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$2,968 (−4.9%)

$46,600 + $228,000

$274,600

2024

$3,121 (+13.8%)

$46,600 + $216,600

$263,200

2023

$2,742 (+10.0%)

$46,600 + $216,600

$263,200

2022

$2,493 (+2.3%)

$46,600 + $211,400

$258,000

2021

$2,438 (+13.3%)

$29,900 + $198,500

$228,400

2020

$2,152 (+20.8%)

$29,900 + $198,500

$228,400

2019

$1,781 (+2.0%)

$29,900 + $170,300

$200,200

2018

$1,746 (+1.5%)

$29,900 + $133,700

$163,600

2017

$1,720 (+6.3%)

$29,900 + $128,400

$158,300

2016

$1,618 (+10.5%)

$29,900 + $128,400

$158,300

2015

$1,464 (+5.5%)

$29,900 + $118,700

$148,600

2014

$1,388 (−0.8%)

$29,900 + $116,500

$146,400

2013

$1,399

$29,900 + $109,000

$138,900

Tax history for 4157 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,968 (−4.9%)

$46,600 + $228,000

$274,600

2024

$3,121 (+13.8%)

$46,600 + $216,600

$263,200

2023

$2,742 (+10.0%)

$46,600 + $216,600

$263,200

2022

$2,493 (+2.3%)

$46,600 + $211,400

$258,000

2021

$2,438 (+13.3%)

$29,900 + $198,500

$228,400

2020

$2,152 (+20.8%)

$29,900 + $198,500

$228,400

2019

$1,781 (+2.0%)

$29,900 + $170,300

$200,200

2018

$1,746 (+1.5%)

$29,900 + $133,700

$163,600

2017

$1,720 (+6.3%)

$29,900 + $128,400

$158,300

2016

$1,618 (+10.5%)

$29,900 + $128,400

$158,300

2015

$1,464 (+5.5%)

$29,900 + $118,700

$148,600

2014

$1,388 (−0.8%)

$29,900 + $116,500

$146,400

2013

$1,399

$29,900 + $109,000

$138,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

134 ft.

Lot depth

159 ft.

Lot size

0.49 Acres

Year renovated

1976

Sq. Ft.

1,954

Year built

1958

Style

Single Family Residential

County

Marion County

APN

490617107016000600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Two

The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Park & open space

Property details

Parking

Parking Information
Garage SqFt: 560
Garage Parking Other: Garage Door Opener
Parking Features: Attached, Garage Door Opener, Gravel
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1954
Living Area: 1954
Main Level Sq. Ft.: 1954
Upper Level Sq. Ft.: 0

Bedroom Information
Primary Bedroom Description: Closet Walk in
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Shower Stall Full,Suite

Room 1 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 18x13
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 12x11
Room Level: Main

Room 3 Information
Room Features: Hardwood
Room Dimensions: 17x17
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Features: Hardwood
Room Dimensions: 21x13
Room Level: Main

Room 5 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 13x9
Room Level: Main

Room 6 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 12x12
Room Level: Main

Room 7 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 12x12
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 7

Laundry Room Information
Laundry Features: Main Level

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Woodburning Fireplce

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Pull Down Stairs, Hardwood Floors, Screens Some, Windows Wood, WoodWorkStain/Painted, Pantry
Appliances: Dryer, Disposal, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
Areas Interior: Bedroom Other on Main

Exterior

Exterior Features
Patio And Porch Features: Open Patio, Screened
Exterior Features: Outdoor Fire Pit
Fence YN: Yes
Fencing: Fence Full Rear

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.49
Lot Features: Corner Lot, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Available
Solid Waste Information: Yes

Location

School Information
High School: Pike High School
High School District: MSD Pike Township

Location Information
Directions: North on Kessler Blvd N Drive from 38th to 42nd St. West on 42nd to Melbourne Rd. South on Melbourne Rd then loop around to home.
Tax Legal Description: Wolfington On Kessler Blvd L398 & 43.5Ft N Sideof L401

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,954
Stories: 1.0
Lot Size: 0.49 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1976
County: Marion County
APN: 490617107016000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: doug@dillinggrouprealestate.com

Green Information
Green Certification YN: No
Direction Faces: Northwest

Home Information
Foundation Details: Block
Construction Materials: Brick, Wood
Levels: One

Around this home

Schools

Guion Creek Elementary School

Public K-5 • Assigned • 1.2mi

5/10

Guion Creek Middle School

Public 6-8 • Assigned • 1.3mi

3/10

Pike High School

Public 9-12 • Assigned • 3.6mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46228

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$302,000 – $365,000

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Home values near 4157 Melbourne Rd

Data from public records.

Address	Redfin Estimate
4212 Melbourne Rd, Indianapolis, IN 2 Beds \| - Baths \| 2035 Sq. Ft.	$289,689
4111 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2426 Sq. Ft.	$377,022

Address	Redfin Estimate
4158 Melbourne Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2340 Sq. Ft.	$294,187
4140 Melbourne Rd, Indianapolis, IN 4 Beds \| 3.5 Baths \| 3564 Sq. Ft.	$277,228

Address	Redfin Estimate
4209 Melbourne Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1616 Sq. Ft.	$301,212
4130 Melbourne Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2128 Sq. Ft.	$362,565

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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