OFF MARKET

Off Market Jan 2023 for $260K

$296,464

•

1,660

sq ft

4538 N Melbourne Rd, Indianapolis, IN 46228

About this home

An absolutely gorgeous 4 Bed 2 Bath ranch home in Pike Township! This Home has been updated with beautiful finishes throughout, all new flooring, light fixtures and blinds. Both bathrooms are a full remodel with stunning tile work, new vanities and all new fixtures. The kitchen has been updated with freshly painted cabinets, granite counter tops, new stainless steel appliances and tile back splash. Large family room with a fireplace .This home has a huge back yard that is fully fenced with a shed for extra storage.

Single-familyProperty Type

1968Year Built

0.34 acresLot Size

$179Est. Price/Sq.Ft.

2 car garageParking

Listed by Shannon Adair • Canon Real Estate Services LLC

Listed by Candace Brezko • Canon Real Estate Services LLC

Contact: realestateshannon@att.net

Bought with Kristin Nunn • Highgarden Real Estate

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21879430

Redfin Estimate

$296,464

$36K since sold in January 2023$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.4% higher than the average sale price ($290K) of 6 comparable homes.

SOLD JUL 2, 2026
$274,000
A
3 beds2 baths1,547 sq ft
4416 Melbourne Rd, Indianapolis, IN 46228
SOLD AUG 11, 2026
$265,000
B
3 beds2 baths1,612 sq ft
4416 Sunshine Ave, Indianapolis, IN 46228
SOLD DEC 12, 2025
$330,000
C
3 beds2 baths1,728 sq ft
4589 Lincoln Rd, Indianapolis, IN 46228
SOLD JUN 9, 2026
$260,000
D
3 beds2 baths1,782 sq ft
4436 Sunshine Ave, Indianapolis, IN 46228
SOLD JUN 30, 2026
$271,000
E
3 beds2 baths1,800 sq ft
4202 Sunshine Ave, Indianapolis, IN 46228
SOLD AUG 14, 2026
$337,000
F
3 beds2 baths1,836 sq ft
4917 Manning Rd, Indianapolis, IN 46228

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Earn from this home

Sell

$83,362

Est. take-home

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Rent

$1,824/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

New listings for sale

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4 beds2.5 baths2,159 sq ft
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NEW 28 HRS AGO
$340,000
4 beds2.5 baths3,939 sq ft
4752 Arabian Run, Indianapolis, IN 46228
$399,900
4 beds3 baths3,813 sq ft
3418 Rutledge 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
OPEN THU, 5PM TO 7PM
$519,900
4 beds2.5 baths3,954 sq ft
4516 Sylvan Rd, Indianapolis, IN 46228
$344,000
4 beds3.5 baths3,593 sq ft
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$200,000
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See all

Provided by Redfin

Sale history for 4538 N Melbourne Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21879430

Jan 12, 2023

Sold

$260,000

$157/sq ft

Nov 29, 2022

Pending

—

Oct 14, 2022

Price Changed

$266,000

$160/sq ft

Oct 10, 2022

Price Changed

$274,900

$166/sq ft

Oct 5, 2022

Price Changed

$279,900

$169/sq ft

Sep 29, 2022

Price Changed

$289,000

$174/sq ft

Sep 20, 2022

Price Changed

$299,900

$181/sq ft

Sep 6, 2022

Price Changed

$309,900

$187/sq ft

Aug 29, 2022

Listed

$325,000

$196/sq ft

MIBOR as Distributed by MLS Grid #21853306

Jun 2, 2022

Sold

$188,000

$113/sq ft

May 25, 2022

Pending

—

May 21, 2022

Relisted

—

May 11, 2022

Pending

—

May 3, 2022

Listed

$215,000

$130/sq ft

+11

MIBOR as Distributed by MLS Grid #21020239

Sep 30, 2010

Listing Removed

—

Apr 14, 2010

Listed

$88,000

$53/sq ft

MIBOR as Distributed by MLS Grid #2610512

May 15, 2006

Listing Removed

—

Feb 15, 2006

Listed

$149,900

$90/sq ft

MIBOR as Distributed by MLS Grid #2448224

May 9, 2005

Listing Removed

—

Aug 24, 2004

Listed

$158,900

$96/sq ft

MIBOR as Distributed by MLS Grid #2406018

Feb 3, 2004

Listed

$119,900

$72/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$2,898 (−2.6%)

$36,200 + $235,500

$271,700

2024

$2,976 (+38.6%)

$36,200 + $217,700

$253,900

2023

$2,147 (+31.2%)

$36,200 + $217,700

$253,900

2022

$1,636 (+6.2%)

$36,200 + $166,000

$202,200

2021

$1,541 (+3.9%)

$25,900 + $116,300

$142,200

2020

$1,483 (+2.1%)

$25,900 + $116,300

$142,200

2019

$1,453 (−3.8%)

$25,900 + $110,800

$136,700

2018

$1,511 (+15.9%)

$25,900 + $108,100

$134,000

2017

$1,303 (+6.6%)

$25,900 + $97,200

$123,100

2016

$1,223 (+17.6%)

$25,900 + $97,200

$123,100

2015

$1,040 (−1.9%)

$25,900 + $92,300

$118,200

2014

$1,060 (+2.7%)

$25,900 + $87,500

$113,400

2013

$1,032

$25,900 + $88,400

$114,300

Tax history for 4538 N Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,898 (−2.6%)

$36,200 + $235,500

$271,700

2024

$2,976 (+38.6%)

$36,200 + $217,700

$253,900

2023

$2,147 (+31.2%)

$36,200 + $217,700

$253,900

2022

$1,636 (+6.2%)

$36,200 + $166,000

$202,200

2021

$1,541 (+3.9%)

$25,900 + $116,300

$142,200

2020

$1,483 (+2.1%)

$25,900 + $116,300

$142,200

2019

$1,453 (−3.8%)

$25,900 + $110,800

$136,700

2018

$1,511 (+15.9%)

$25,900 + $108,100

$134,000

2017

$1,303 (+6.6%)

$25,900 + $97,200

$123,100

2016

$1,223 (+17.6%)

$25,900 + $97,200

$123,100

2015

$1,040 (−1.9%)

$25,900 + $92,300

$118,200

2014

$1,060 (+2.7%)

$25,900 + $87,500

$113,400

2013

$1,032

$25,900 + $88,400

$114,300

*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

105 ft.

Lot depth

140 ft.

Lot size

0.34 Acres

Year renovated

1998

Sq. Ft.

1,660

Year built

1968

Style

Single Family Residential

County

Marion County

APN

490617124004000600

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, Attached, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1660
Living Area: 1660
Main Level Sq. Ft.: 1660

Bedroom Information
Primary Bedroom Description: Sinks Double,Tub Garden
# of Bedrooms Main: 4
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 4
Full Bathrooms MU: 2

Room 1 Information
Room Features: Carpet
Room Dimensions: 12x12
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main

Room 3 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main

Room 4 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 11x10
Room Level: Main

Room 5 Information
Room Type: Dining Room
Room Features: Laminate
Room Dimensions: 12x10
Room Level: Main

Room 6 Information
Room Type: Family Room
Room Features: Laminate
Room Dimensions: 18x16
Room Level: Main

Room 7 Information
Room Features: Laminate
Room Dimensions: 12x7
Room Level: Main

Room 8 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 15x10
Room Level: Main

Room 9 Information
Room Type: Living Room
Room Features: Laminate
Room Dimensions: 18x13
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 9
Rooms Basement: 0
# of Rooms: 9

Laundry Room Information
Laundry Features: Main Level

Basement Information
Basement Features: Crawl Space

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room

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

Interior Features
Interior Features: Attic Access, Breakfast Bar
Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Gas Water Heater

Exterior

Property Information
Ownership Interest Types: No Assoc
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: 0.3374
Lot Features: Mature Trees

Utilities

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

Location

School Information
High School District: MSD Pike Township

Location Information
Directions: FROM KESSLER BLVD TO 46TH ST THEN WEST TO MELBOURNE RD
Tax Legal Description: NORTHERN ESTATES

Public facts

Beds: 4
Baths: 1.0
Sq. Ft.: 1,660
Stories: 1.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1998
County: Marion County
APN: 490617124004000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: realestateshannon@att.net

Green Information
Green Certification YN: No

Home Information
Construction Materials: Brick
Levels: One

Around this home

Schools

Guion Creek Elementary School

Public K-5 • Assigned • 0.8mi

5/10

Guion Creek Middle School

Public 6-8 • Assigned • 1.0mi

3/10

Pike High School

Public 9-12 • Assigned • 3.2mi

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, 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

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$282,000 – $341,000

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Home values near 4538 N Melbourne Rd

Data from public records.

Address	Redfin Estimate
4542 Melbourne Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2039 Sq. Ft.	$318,644
4526 Melbourne Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1544 Sq. Ft.	$200,066

Address	Redfin Estimate
4554 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2374 Sq. Ft.	$312,568
4545 Melbourne Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1642 Sq. Ft.	$290,859

Address	Redfin Estimate
4516 Melbourne Rd, Indianapolis, IN 3 Beds \| - Baths \| 2120 Sq. Ft.	$275,152
4548 Melbourne Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1725 Sq. Ft.	$285,994

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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