SOLD JUL 2, 2026

Sold on Jul 2026

$274,000

•

1,547

sq ft

4416 Melbourne Rd, Indianapolis, IN 46228

Track this home’s value and nearby sales activity

About this home

Discover an inviting, move-in-ready home, ideally located in Marion County just 9 minutes (3.5 miles) from Butler University. This well-maintained single-family ranch offers both comfortable living and outstanding flexibility - making it a perfect option for a Butler student or an owner looking to offset expenses with rental income. Step into a thoughtfully designed kitchen where shaker cabinets, a stylish backsplash, and a peninsula with bar seating create the ideal space for everyday meals or entertaining. The adjoining living room invites you to unwind by the cozy fireplace, perfect for relaxing evenings or gathering with friends. The primary bedroom serves as a private retreat, complete with an ensuite bathroom and elegant crown molding. Two additional bedrooms provide excellent opportunities for roommates, home office space, or guest accommodations - offering strong potential for extra rental income. Outside, enjoy a charming front porch ideal for morning coffee or evening sunsets. The fully fenced backyard offers privacy and room to relax or entertain, featuring a fire pit for memorable nights outdoors and a storage shed for added convenience. Situated on a generous 13,983 sq ft lot, this 1,547 sq ft ranch-style home, built in 1960, blends classic charm with modern updates in a prime location close to shopping, dining, and campus life. A versatile property with lifestyle appeal and investment potential-this is one you won't want to miss.

Single-familyProperty Type

1960Year Built

0.32 acresLot Size

$177Price/Sq.Ft.

$6/moHOA Dues

2 car garageParking

Listed by Wendy Vivirito • Keller Williams Indpls Metro N

Bought with Erik Wentz • F.C. Tucker Company

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22079018

Redfin Estimate

$286,825

$13K since sold in July 2026$12K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.2% lower than the average sale price ($290K) of 6 comparable homes.

SOLD FEB 24, 2026
$255,000
A
4 beds2 baths1,662 sq ft
3329 Melbourne Rd S, Indianapolis, IN 46228
SOLD AUG 14, 2026
$337,000
B
3 beds2 baths1,836 sq ft
4917 Manning Rd, Indianapolis, IN 46228
SOLD BY REDFIN APR 17, 2026
$255,000
C
3 beds2 baths1,593 sq ft
4920 Manning Rd, Indianapolis, IN 46228
SOLD AUG 11, 2026
$265,000
D
3 beds2 baths1,612 sq ft
4416 Sunshine Ave, Indianapolis, IN 46228
SOLD AUG 17, 2026
$275,000
E
3 beds2 baths1,504 sq ft
3724 W 42nd Ter W, Indianapolis, IN 46228
SOLD APR 17, 2026
$355,000
F
3 beds2 baths1,806 sq ft
4357 Grayson Dr, Indianapolis, IN 46228

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Market trends in 46228, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

+1.1% MoM

Median sale price

$283K

$3K MoM

Avg. days on market

10d

3 days MoM

Recently sold homes

0 MoM

New listings for sale

$399,900
4 beds3 baths3,813 sq ft
3418 Rutledge Dr, Indianapolis, IN 46228
$299,900
3 beds2 baths1,719 sq ft
5819 N Victoria Dr, Indianapolis, IN 46228
$300,000
4 beds2 baths1,725 sq ft
6130 Munsee Ln, Indianapolis, IN 46228
$175,000
2 beds2 baths1,362 sq ft
2240 Rome Dr Unit C, Indianapolis, IN 46228
$750,000
3 beds3 baths2,614 sq ft
39 Highland Manor Ct N, Indianapolis, IN 46228
$226,400
3 beds1 bath1,036 sq ft
3722 W 41st Ter, Indianapolis, IN 46228
$519,900
4 beds2.5 baths3,954 sq ft
4516 Sylvan Rd, Indianapolis, IN 46228
$344,000
4 beds3.5 baths3,593 sq ft
1248 Munsee Cir, Indianapolis, IN 46228
$200,000
2 beds1 bath1,656 sq ft
1908 W Northgate St, Indianapolis, IN 46228
$325,000
3 beds2.5 baths1,840 sq ft
3728 Kinnett Ln, Indianapolis, IN 46228
See all

Provided by Redfin

Homeowner tools

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Rental estimate

Est. $1,842 per month, based on comparable rentals

Sale and tax history for 4416 Melbourne Rd

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22079018

Jul 2, 2026

Sold

$274,000

$177/sq ft

Jun 1, 2026

Pending

—

Apr 7, 2026

Price Changed

$279,900

$181/sq ft

Feb 13, 2026

Price Changed

$289,900

$187/sq ft

Jan 9, 2026

Listed

$300,000

$194/sq ft

MIBOR as Distributed by MLS Grid #22060691

Jan 4, 2026

Listing Removed

—

Oct 27, 2025

Price Changed

$314,500

$203/sq ft

Sep 4, 2025

Listed

$325,000

$210/sq ft

MIBOR as Distributed by MLS Grid #21787254

Sep 3, 2021

Sold

$231,750

$150/sq ft

Jul 11, 2021

Pending

—

Jul 7, 2021

Relisted

—

Jul 5, 2021

Pending

—

Jul 2, 2021

Price Changed

$239,900

$155/sq ft

Jun 25, 2021

Listed

$249,900

$162/sq ft

+35

DON’T MISS Northern Estates’ newest charmer! Renovated kitchen, newer roof, remodeled bathrooms (both baths have heated floors!), fresh paint, oak plank hardwoods, gas cook-top with dual ovens, and much more! Nestled off the road, but a few minute drive from the interstate, this 3 BR, 2 Full Bath all brick ranch boasts the escape you've been looking for! With a newer privacy fence and a nice front porch facing mature trees and unified landscaping, you can live in a neighborhood that feels like a rural subdivision with easy access to downtown and the best Indy has to offer. Schedule a showing to see your future home today!

MIBOR as Distributed by MLS Grid #21552072

Apr 18, 2018

Sold

$142,000

$92/sq ft

Mar 21, 2018

Pending

—

Mar 21, 2018

Price Changed

$142,000

$92/sq ft

Mar 19, 2018

Listed

$134,900

$87/sq ft

MIBOR as Distributed by MLS Grid #21227021

Sep 3, 2013

Listing Removed

—

Aug 29, 2013

Sold

$103,000

$67/sq ft

Apr 16, 2013

Listed

$109,900

$71/sq ft

MIBOR as Distributed by MLS Grid #21178597

Nov 25, 2012

Listing Removed

—

May 24, 2012

Listed

$114,900

$74/sq ft

MIBOR as Distributed by MLS Grid #21011727

Sep 7, 2010

Listing Removed

—

Mar 6, 2010

Listed

$120,000

$78/sq ft

MIBOR as Distributed by MLS Grid #2710368

Aug 9, 2007

Listing Removed

—

Feb 20, 2007

Listed

$124,900

$81/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,894 (−2.1%)

$34,500 + $236,800

$271,300

2024

$2,957 (+12.5%)

$34,500 + $217,800

$252,300

2023

$2,628 (+28.8%)

$34,500 + $217,800

$252,300

2022

$2,041 (+41.8%)

$34,500 + $215,700

$250,200

2021

$1,440 (+1.3%)

$24,700 + $107,200

$131,900

2020

$1,422 (+4.0%)

$24,700 + $107,200

$131,900

2019

$1,366 (+1.6%)

$24,700 + $105,700

$130,400

2018

$1,345 (+21.6%)

$24,700 + $103,100

$127,800

2017

$1,106 (+6.9%)

$24,700 + $86,000

$110,700

2016

$1,035 (+20.3%)

$24,700 + $86,000

$110,700

2015

$860 (+9.6%)

$24,700 + $81,700

$106,400

2014

$785 (+3.2%)

$24,700 + $77,400

$102,100

2013

$761

$24,700 + $72,600

$97,300

Public record

Public record
Zoning
Permits

Beds

Baths

—

Stories

Lot width

100 ft.

Lot depth

140 ft.

Lot size

0.32 Acres

Year renovated

2003

Sq. Ft.

1,547

Year built

1960

Style

Single Family Residential

County

Marion County

APN

490617124018000600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 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

Aug 27, 2013 • Active

Self certification tag

Electrical

Aug 27, 2013 • Active

Electrical permit-1-2 family-upgrade service only

Upgrade the electrical service from 100 amps to 200 amps.

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Garage SqFt: 420
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1547
Living Area: 1547
Main Level Sq. Ft.: 1547
Upper Level Sq. Ft.: 0

Bedroom Information
# 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

Room 1 Information
Room Type: Great Room
Room Dimensions: 15x13
Room Level: Main

Room 2 Information
Room Type: Family Room
Room Dimensions: 18x14
Room Level: Main

Room 3 Information
Room Type: Breakfast Room
Room Dimensions: 10x8
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Dimensions: 13x10
Room Level: Main

Room 5 Information
Room Type: Bedroom 3
Room Dimensions: 9x9
Room Level: Main

Room 6 Information
Room Dimensions: 13x11
Room Level: Main

Room 7 Information
Room Type: Kitchen
Room Dimensions: 11x10
Room Level: Main

Room 8 Information
Room Type: Dining Room
Room Dimensions: 15x9
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 8
Rooms Basement: 0
# of Rooms: 8

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

Interior Features
Interior Features: Attic Access, Hardwood Floors, Eat-in Kitchen
Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Oven, Refrigerator, Washer
Areas Interior: Laundry in Garage

Exterior

Exterior Features
Patio And Porch Features: Patio, Covered
Exterior Features: Barn Mini
Fence YN: Yes
Fencing: Full

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Voluntary Fee
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: 0.32
Lot Features: Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Utilities: Cable Available, Natural Gas Connected
Solid Waste Information: Yes

Location

HOA Information
Has HOA
Association Fee: $75
Association Fee Frequency: Annually

School Information
Elementary School: Guion Creek Elementary School
Middle Or Junior High School: Guion Creek Middle School
High School: Pike High School
High School District: MSD Pike Township

Location Information
Directions: Meridian St to Kessler Blvd Dr. Turn west. Continue to Knollton Rd & turn left. Turn right on 44th St & on W Kessler Blvd N Drive. Turn right on Sylvan St then left on Brisbane Rd. Turn right on Melbourne Rd
Tax Legal Description: Northern Estates Sec 3 L193

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,547
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 2003
County: Marion County
APN: 490617124018000600

Home facts updated by county records on Aug 11, 2026

Other

Home Information
Foundation Details: Block
Construction Materials: Brick, Wood Siding
Levels: One
Security Features: Carbon Monoxide Detector(s)

Around this home

Schools

Guion Creek Elementary School

Public K-5 • Assigned • 1.0mi

5/10

Guion Creek Middle School

Public 6-8 • Assigned • 1.1mi

3/10

Pike High School

Public 9-12 • Assigned • 3.4mi

3/10

Provided by GreatSchools

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

91/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$273,000 – $330,000

Reach more buyers when you sell with Redfin. Plus, you'll save $2,868 in fees.

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Home values near 4416 Melbourne Rd

Data from public records.

Address	Redfin Estimate
4260 Melbourne Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1434 Sq. Ft.	$269,746
4300 Melbourne Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2218 Sq. Ft.	$332,539

Address	Redfin Estimate
4316 Melbourne Road, Indianapolis, IN 3 Beds \| - Baths \| 1570 Sq. Ft.	$261,647
4422 Melbourne Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 3085 Sq. Ft.	$303,983

Address	Redfin Estimate
4265 Melbourne Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2574 Sq. Ft.	$304,086
4331 Melbourne Road, Indianapolis, IN 4 Beds \| 1 Baths \| 2280 Sq. Ft.	—

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 46228, IN

Homeowner tools

Sale and tax history for 4416 Melbourne Rd

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46228

Home values near 4416 Melbourne Rd

More real estate resources