OFF MARKET

Off Market Mar 2017 for $191K

$369,837

•

2,090

sq ft

4595 Melbourne Rd, Indianapolis, IN 46228

About this home

Two Story Custom Home features remolding and upgrading the kitchen cabinets, tile back splash, granite c-tops, sink, stainless LG appliances, vanities, fixtures, tiled & full glass bathroom shower, toilets, wainscot, paint, flooring. Some new wood & laminate floors, lighting fixtures, new front beveled glass door, trim, several new interior doors, recent gutter guards, reverse osmosis water filtration in kitchen. The furnace replaced in Feb. of 2016 and the AC unit was replace in August 2016.

Single-familyProperty Type

1969Year Built

0.37 acresLot Size

$177Est. Price/Sq.Ft.

2 car garageParking

Listed by Melissa Freeman • Berkshire Hathaway Home

Contact: mfreeman@bhhsin.com

Bought with Kimberly Carpenter • Keller Williams Indpls Metro N

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21422113

Redfin Estimate

$369,837

$179K since sold in March 2017$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.3% higher than the average sale price ($313K) of 6 comparable homes.

SOLD JUN 18, 2026
$293,000
A
5 beds2.5 baths2,140 sq ft
4224 Sunshine Ave, Indianapolis, IN 46228
SOLD AUG 14, 2026
$337,000
B
3 beds2 baths1,836 sq ft
4917 Manning Rd, Indianapolis, IN 46228
SOLD JUL 2, 2026
$274,000
C
3 beds2 baths1,547 sq ft
4416 Melbourne Rd, Indianapolis, IN 46228
SOLD MAY 29, 2026
$376,500
D
4 beds2.5 baths2,826 sq ft
3246 W 46th St, Indianapolis, IN 46228
SOLD AUG 11, 2026
$265,000
E
3 beds2 baths1,612 sq ft
4416 Sunshine Ave, Indianapolis, IN 46228
SOLD DEC 12, 2025
$330,000
F
3 beds2 baths1,728 sq ft
4589 Lincoln Rd, Indianapolis, IN 46228

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Earn from this home

Sell

$224,524

Est. take-home

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Rent

$1,969/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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$300,000
4 beds2 baths1,725 sq ft
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2240 Rome Dr Unit C, Indianapolis, IN 46228
$750,000
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OPEN THU, 5PM TO 7PM
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See all

Provided by Redfin

Sale history for 4595 Melbourne Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21422113

Mar 24, 2017

Sold

$191,000

$91/sq ft

Feb 21, 2017

Pending

—

Feb 9, 2017

Price Changed

$185,000

$89/sq ft

Nov 7, 2016

Relisted

—

Nov 6, 2016

Listing Removed

—

Nov 3, 2016

Price Changed

$219,900

$105/sq ft

Sep 8, 2016

Relisted

—

Aug 26, 2016

Contingent

—

Aug 26, 2016

Relisted

—

Aug 26, 2016

Pending

—

Aug 10, 2016

Price Changed

$224,900

$108/sq ft

Jun 6, 2016

Listed

$229,900

$110/sq ft

MIBOR as Distributed by MLS Grid #21165575

Oct 22, 2012

Listing Removed

—

Oct 20, 2012

Sold

$85,000

$41/sq ft

Mar 12, 2012

Listed

$98,900

$47/sq ft

+11

Year

Property tax

Land + Additions

Assessment*

2025

$3,628 (−1.6%)

$35,800 + $303,900

$339,700

2024

$3,687 (+15.8%)

$35,800 + $281,600

$317,400

2023

$3,183 (+31.8%)

$35,800 + $281,600

$317,400

2022

$2,416 (+7.1%)

$35,800 + $271,900

$307,700

2021

$2,257 (+4.2%)

$25,700 + $189,800

$215,500

2020

$2,165 (−3.9%)

$25,700 + $189,800

$215,500

2019

$2,254 (+2.3%)

$25,700 + $180,900

$206,600

2018

$2,203 (+8.6%)

$25,700 + $190,000

$215,700

2017

$2,028 (+4.5%)

$25,700 + $167,900

$193,600

2016

$1,941 (+9.8%)

$25,700 + $167,900

$193,600

2015

$1,768 (+1.6%)

$25,700 + $159,500

$185,200

2014

$1,740 (+1.2%)

$25,700 + $151,100

$176,800

2013

$1,719

$25,700 + $148,300

$174,000

Tax history for 4595 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,628 (−1.6%)

$35,800 + $303,900

$339,700

2024

$3,687 (+15.8%)

$35,800 + $281,600

$317,400

2023

$3,183 (+31.8%)

$35,800 + $281,600

$317,400

2022

$2,416 (+7.1%)

$35,800 + $271,900

$307,700

2021

$2,257 (+4.2%)

$25,700 + $189,800

$215,500

2020

$2,165 (−3.9%)

$25,700 + $189,800

$215,500

2019

$2,254 (+2.3%)

$25,700 + $180,900

$206,600

2018

$2,203 (+8.6%)

$25,700 + $190,000

$215,700

2017

$2,028 (+4.5%)

$25,700 + $167,900

$193,600

2016

$1,941 (+9.8%)

$25,700 + $167,900

$193,600

2015

$1,768 (+1.6%)

$25,700 + $159,500

$185,200

2014

$1,740 (+1.2%)

$25,700 + $151,100

$176,800

2013

$1,719

$25,700 + $148,300

$174,000

*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

1.5

Stories

Lot width

95 ft.

Lot depth

169 ft.

Lot size

0.37 Acres

Year renovated

1969

Sq. Ft.

3,705

Year built

1969

Style

Single Family Residential

County

Marion County

APN

490617124043000600

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 Parking Other: Finished Garage,Service Door
Parking Features: Asphalt, Attached, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2090
Living Area: 2090
Main Level Sq. Ft.: 1482
Upper Level Sq. Ft.: 608
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
Primary Bedroom Description: Sinks Double,Shower Stall Full,Suite,Closet Walk in
# of Upper Bedrooms: 1
# of Bedrooms Main: 3
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Full Baths (Main): 2
# of Half Baths (Upper): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 4
Full Bathrooms MU: 2

Room 1 Information
Room Features: Hardwood
Room Dimensions: 15x13
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 13x10
Room Level: Main

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

Room 4 Information
Room Type: Bedroom 4
Room Features: Laminate
Room Dimensions: 10x14
Room Level: Upper

Room 5 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 11x10
Room Level: Main

Room 6 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 9x9
Room Level: Main

Room 7 Information
Room Type: Great Room
Room Features: Laminate
Room Dimensions: 16x25
Room Level: Upper

Room 8 Information
Room Type: Family Room
Room Features: Hardwood
Room Dimensions: 12x14
Room Level: Main

Laundry Room Information
Laundry Features: Laundry Closet

Basement Information
Has Basement
Basement Features: Full, Unfinished, Daylight/Lookout Windows, Sump Pump

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

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric, Window Unit(s)

Interior Features
Interior Features: Attic Pull Down Stairs, Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Screens Complete, Windows Vinyl
Appliances: Electric Cooktop, Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater, Water Purifier
Areas Interior: Family Room 2nd Story

Exterior

Building Information
Percent Optional Level Finished: 0-25%
Construction Stage: Resale

Exterior Features
Patio And Porch Features: Open Patio, Porch Open
Fencing: Partial

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: 0.3686
Lot Features: Suburb, Mature Trees, Trees-Small (Under 20 Ft)

Utilities

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

Location

HOA Information
Has HOA

School Information
High School District: MSD Pike Township

Location Information
Directions: North on Kessler to West on 46th. Turn left on 46th to Melbourne Road. Turn left to Home on east side of road.
Tax Legal Description: NORTHERN ESTATES 4TH SEC

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 3,705
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1969
Year Renovated: 1969
County: Marion County
APN: 490617124043000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: mfreeman@bhhsin.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Cedar, Stone
Levels: Two

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

$352,000 – $426,000

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Home values near 4595 Melbourne Rd

Data from public records.

Address	Redfin Estimate
4542 Melbourne Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2039 Sq. Ft.	$316,842
4545 Melbourne Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1642 Sq. Ft.	$290,859

Address	Redfin Estimate
4538 Melbourne Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 1660 Sq. Ft.	$296,464
4548 Melbourne Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1725 Sq. Ft.	$285,994

Address	Redfin Estimate
4554 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2374 Sq. Ft.	$312,568
4547 Melbourne Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1999 Sq. Ft.	$294,468

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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