SOLD SEP 30, 2026

Sold on sep 2026

$263,000

•

1,823

sq ft

4525 Melbourne Rd, Indianapolis, IN 46228

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About this home

ASK ABOUT SELLER CREDIT TO BUY DOWN LOAN INTEREST RATE! Great introduction to homeownership with below market interest rates! Inspected, turn-key, and ready for move-in, well-maintained 3-bedroom, 1.5-bath brick ranch on a private, wooded and fully fenced lot. Located right along the border of Washington Township-an open school district-this home offers added flexibility for schooling options while maintaining the comfort of a quiet neighborhood setting. Inside, you'll find a functional single-level layout with warm, inviting living spaces. A wood-burning fireplace creates the perfect focal point for relaxing evenings, while the kitchen features brand-new flooring and a layout that flows easily for everyday living and entertaining. Original hardwood flooring runs throughout all three bedrooms, adding character and durability. Major updates provide peace of mind, including a newer roof and updated mechanicals, making this home truly move-in ready. The private backyard view of mature trees, a fully fenced lot, and plenty of space for any outdoor activities. Conveniently located near Saddlebrook Golf Club and just minutes from major roadways, commuting is simple, while still enjoying the tranquility of an established neighborhood.

Single-familyProperty Type

1955Year Built

0.38 acresLot Size

$144Price/Sq.Ft.

Listed by Tim O'Connor • Berkshire Hathaway Home

Listed by Caolan Hoff

Bought with Summer Hudson • eXp Realty, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22088547

Redfin Estimate

$261,634

$1,366 since sold in September 2026$41K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.9% lower than the average sale price ($294K) of 6 comparable homes.

SOLD AUG 14, 2026
$337,000
A
3 beds2 baths1,836 sq ft
4917 Manning Rd, Indianapolis, IN 46228
SOLD APR 17, 2026
$355,000
B
3 beds2 baths1,806 sq ft
4357 Grayson Dr, Indianapolis, IN 46228
SOLD JUN 30, 2026
$271,000
C
3 beds2 baths1,800 sq ft
4202 Sunshine Ave, Indianapolis, IN 46228
SOLD JUL 2, 2026
$274,000
D
3 beds2 baths1,547 sq ft
4416 Melbourne Rd, Indianapolis, IN 46228
SOLD AUG 11, 2026
$265,000
E
3 beds2 baths1,612 sq ft
4416 Sunshine Ave, Indianapolis, IN 46228
SOLD JUN 9, 2026
$260,000
F
3 beds2 baths1,782 sq ft
4436 Sunshine Ave, Indianapolis, IN 46228

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Market trends in 46228, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

0.4% MoM

Median sale price

$277K

$2K MoM

Avg. days on market

15d

2 days MoM

Recently sold homes

7 MoM

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Rental estimate

Est. $1,820 per month, based on comparable rentals

Sale and tax history for 4525 Melbourne Rd

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22088547

Sep 30, 2026

Sold

$263,000

$144/sq ft

Aug 4, 2026

Pending

—

Jul 16, 2026

Price Changed

$259,900

$143/sq ft

May 22, 2026

Price Changed

$269,900

$148/sq ft

Mar 31, 2026

Relisted

—

Mar 24, 2026

Pending

—

Mar 13, 2026

Listed

$275,000

$151/sq ft

APPFOLIO #1

Feb 2, 2025

Rental Removed

$1,650

$1/sq ft

Jan 22, 2025

Listed for Rent

$1,650

$1/sq ft

MIBOR as Distributed by MLS Grid #22001169

Dec 3, 2024

Listing Removed

—

Nov 7, 2024

Price Changed

$275,000

$151/sq ft

Nov 5, 2024

Price Changed

$280,000

$154/sq ft

Oct 9, 2024

Price Changed

$285,000

$156/sq ft

Oct 4, 2024

Price Changed

$290,000

$159/sq ft

Sep 12, 2024

Listed

$295,000

$162/sq ft

MIBOR as Distributed by MLS Grid #21948209

Nov 10, 2023

Listing Removed

—

Oct 26, 2023

Price Changed

$300,000

$165/sq ft

Oct 20, 2023

Price Changed

$305,000

$167/sq ft

Oct 12, 2023

Listed

$310,000

$170/sq ft

MIBOR as Distributed by MLS Grid #21615353

Apr 29, 2019

Sold

$179,000

$98/sq ft

Mar 21, 2019

Pending

—

Mar 12, 2019

Relisted

—

Mar 5, 2019

Pending

—

Jan 19, 2019

Listed

$185,000

$101/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,818 (−2.4%)

$38,500 + $225,500

$264,000

2024

$2,887 (+14.7%)

$38,500 + $207,700

$246,200

2023

$2,516 (−32.1%)

$38,500 + $207,700

$246,200

2022

$3,706 (+4.2%)

$38,500 + $200,500

$239,000

2021

$3,558 (+4.1%)

$27,600 + $144,300

$171,900

2020

$3,419 (+28.4%)

$27,600 + $144,300

$171,900

2019

$2,662 (+27.7%)

$27,600 + $137,500

$165,100

2018

$2,085 (+84.2%)

$27,600 + $134,100

$161,700

2017

$1,132 (+6.6%)

$27,600 + $84,500

$112,100

2016

$1,062 (+14.3%)

$27,600 + $84,500

$112,100

2015

$929 (+8.5%)

$27,600 + $80,300

$107,900

2014

$856 (+2.9%)

$27,600 + $78,600

$106,200

2013

$832

$27,600 + $73,900

$101,500

Public record

Public record
Zoning
Permits

Beds

Baths

1.5

Stories

Lot width

105 ft.

Lot depth

159 ft.

Lot size

0.37 Acres

Year renovated

1996

Sq. Ft.

1,823

Year built

1955

Style

Single Family Residential

County

Marion County

APN

490617124032000600

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
Parking Features: Asphalt

Interior

Interior Sq. Ft. Information
Building Area Total: 1823
Living Area: 1823
Main Level Sq. Ft.: 1823
Upper Level Sq. Ft.: 0

Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 1
Full Bathrooms MU: 1

Room 1 Information
Room Type: Living Room
Room Dimensions: 23x19
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 22x13
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 19x11
Room Level: Main

Room 4 Information
Room Type: Laundry
Room Dimensions: 9x8
Room Level: Main

Room 5 Information
Room Type: Master Bedroom
Room Dimensions: 12x11
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 12x11
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 11x9
Room Level: Main

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

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Wood Burning

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

Interior Features
Interior Features: Kitchen Island
Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Electric Oven, Refrigerator, Washer
Flooring: Hardwood

Exterior

Exterior Features
Patio And Porch Features: Porch

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

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

Lot Information
Lot Size Acres: 0.38

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: No

Location

School Information
High School District: MSD Pike Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Northern Estates Sec 3 L183

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,823
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1996
County: Marion County
APN: 490617124032000600

Home facts updated by county records on Jul 29, 2026

Other

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

Around this home

Schools

Guion Creek Elementary School

Public K-5 • Assigned • 0.9mi

5/10

Guion Creek Middle School

Public 6-8 • Assigned • 1.0mi

3/10

Pike High School

Public 9-12 • Assigned • 3.3mi

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, 19 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

97/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 8% for direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$249,000 – $301,000

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Home values near 4525 Melbourne Rd

Data from public records.

Address	Redfin Estimate
4447 Melbourne Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1797 Sq. Ft.	$318,195
4516 Melbourne Rd, Indianapolis, IN 3 Beds \| - Baths \| 2120 Sq. Ft.	$272,176

Address	Redfin Estimate
4542 Melbourne Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2039 Sq. Ft.	$315,839
4526 Melbourne Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1544 Sq. Ft.	$192,334

Address	Redfin Estimate
4538 Melbourne Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 1660 Sq. Ft.	$296,774
4545 Melbourne Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1642 Sq. Ft.	$300,599

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About this home

Redfin Estimate

Market trends in 46228, IN

Homeowner tools

Sale and tax history for 4525 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 4525 Melbourne Rd

More real estate resources