OFF MARKET

Off Market Feb 2014 for $169K

$360,972

•

3,736

sq ft

4716 Melbourne Rd, Indianapolis, IN 46228

About this home

SADDLEBROOK GOLF COURSE - Golfers delight with this solid brick 3 bedroom 2.5 bath ranch surrounded by towering trees in Northern Estates on Saddlebrook and a view of the water. The screened porch and large deck are perfect for entertaining or relaxing. Home features new roof, full basement, fireplace, built-in bookcases, hardwood floors in family room and 2 bedrooms, solid wood doors, and lots of closet space. Easy access to 65 and a quick drive to downtown.

Single-familyProperty Type

1965Year Built

100 sq ftLot Size

$97Est. Price/Sq.Ft.

2 car garageParking

Listed by Angela Trusty • F.C. Tucker Company

Contact: atrusty3@comcast.net

Bought with James Junkins • Prudential Indiana Realty Grp

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21267037

Redfin Estimate

$360,972

$192K since sold in February 2014$8,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.4% higher than the average sale price ($343K) of 6 comparable homes.

SOLD SEP 1, 2026
$315,000
A
3 beds2.5 baths2,688 sq ft
4903 Guion Rd, Indianapolis, IN 46254
SOLD AUG 14, 2026
$337,000
B
3 beds2 baths1,836 sq ft
4917 Manning Rd, Indianapolis, IN 46228
SOLD MAY 11, 2026
$350,000
C
3 beds2.5 baths3,891 sq ft
3441 Ellyn Dr, Indianapolis, IN 46228
SOLD JUL 16, 2026
$366,000
D
3 beds2.5 baths1,998 sq ft
3342 W 42nd St, Indianapolis, IN 46228
SOLD AUG 14, 2026
$375,000
E
4 beds2.5 baths2,961 sq ft
3634 Katelyn Ln, Indianapolis, IN 46228
SOLD JUN 15, 2026
$312,000
F
3 beds2 baths2,990 sq ft
3301 Melbourne Road South Dr, Indianapolis, IN 46228

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Earn from this home

Sell

$241,167

Est. take-home

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Rent

$1,891/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

99.1%

0.3% MoM

Median sale price

$275K

$3K MoM

Avg. days on market

13d

3 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 26 HRS AGO
$255,000
3 beds2 baths1,430 sq ft
4506 Rotterdam Dr, Indianapolis, IN 46228
NEW 27 HRS AGO
$244,000
3 beds2 baths1,780 sq ft
2900 Galahad Dr, Indianapolis, IN 46228
3D WALKTHROUGH
$2,850,000
5 beds7 baths10,757 sq ft
510 Kessler Boulevard Wdr, Indianapolis, IN 46228
$114,900
1 bed1 bath966 sq ft
5875 Bonnie Brae St, Indianapolis, IN 46228
3D WALKTHROUGH
$550,000
5 beds4 baths6,090 sq ft
4750 Kessler Boulevard North Dr, Indianapolis, IN 46228
$335,000
3 beds2.5 baths2,352 sq ft
4208 Springwood Trl, Indianapolis, IN 46228
$359,900
4 beds2.5 baths2,508 sq ft
5265 Mchenry Ln, Indianapolis, IN 46228
$274,900
3 beds1.5 baths1,530 sq ft
4908 Bonnie Brae St, Indianapolis, IN 46228
3D WALKTHROUGH
$350,000
3 beds2 baths2,058 sq ft
3414 Aylesford Ln, Indianapolis, IN 46228
$425,000
4 beds3.5 baths4,282 sq ft
5145 Michigan Rd, Indianapolis, IN 46228
See all

Provided by Redfin

Sale history for 4716 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,892 (−0.8%)

$35,600 + $325,400

$361,000

2024

$3,922 (+15.9%)

$35,600 + $300,600

$336,200

2023

$3,385 (+31.6%)

$35,600 + $300,600

$336,200

2022

$2,572 (+6.9%)

$35,600 + $290,300

$325,900

2021

$2,406 (+4.2%)

$25,500 + $203,000

$228,500

2020

$2,308 (+2.3%)

$25,500 + $203,000

$228,500

2019

$2,257 (+2.3%)

$25,500 + $193,500

$219,000

2018

$2,207 (+12.6%)

$25,500 + $188,700

$214,200

2017

$1,960 (+4.4%)

$25,500 + $158,400

$183,900

2016

$1,878 (+4.2%)

$25,500 + $158,400

$183,900

2015

$1,802 (−46.9%)

$25,500 + $150,500

$176,000

2014

$3,396 (+101.3%)

$25,500 + $153,500

$179,000

2013

$1,687

$25,500 + $144,100

$169,600

Tax history for 4716 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,892 (−0.8%)

$35,600 + $325,400

$361,000

2024

$3,922 (+15.9%)

$35,600 + $300,600

$336,200

2023

$3,385 (+31.6%)

$35,600 + $300,600

$336,200

2022

$2,572 (+6.9%)

$35,600 + $290,300

$325,900

2021

$2,406 (+4.2%)

$25,500 + $203,000

$228,500

2020

$2,308 (+2.3%)

$25,500 + $203,000

$228,500

2019

$2,257 (+2.3%)

$25,500 + $193,500

$219,000

2018

$2,207 (+12.6%)

$25,500 + $188,700

$214,200

2017

$1,960 (+4.4%)

$25,500 + $158,400

$183,900

2016

$1,878 (+4.2%)

$25,500 + $158,400

$183,900

2015

$1,802 (−46.9%)

$25,500 + $150,500

$176,000

2014

$3,396 (+101.3%)

$25,500 + $153,500

$179,000

2013

$1,687

$25,500 + $144,100

$169,600

*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

100 ft.

Lot depth

150 ft.

Lot size

0.34 Acres

Year renovated

1965

Sq. Ft.

1,868

Year built

1965

Style

Single Family Residential

County

Marion County

APN

490608112033000600

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

Sep 12, 2025 • Final

Right of way permit-excavation

Repair a water main and perform a concrete cut.

Gas

Plumbing

Dec 8, 2020 • Final

Electrical - 1-2 family

Replace the electrical meter base and convert the service from overhead to underground.

Electrical

Electric meter

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

Interior

Interior Sq. Ft. Information
Building Area Total: 3736
Living Area: 1868
Main Level Sq. Ft.: 1868
Upper Level Sq. Ft.: 0

Bedroom Information
Primary Bedroom Description: Shower Stall Full
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Full Baths (Main): 2
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 3
Full Bathrooms MU: 2

Room 1 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 14X12
Room Level: Main

Room 2 Information
Room Features: Carpet
Room Dimensions: 15X12
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 13X12
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 16X14
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 12X11
Room Level: Main

Room 6 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 14X10
Room Level: Main

Room 7 Information
Room Type: Family Room
Room Features: Hardwood
Room Dimensions: 21X20
Room Level: Basement

Other Rooms Information
# of Rooms: 7

Laundry Room Information
Laundry Features: In Basement

Basement Information
Has Basement
Basement Features: Daylight/Lookout Windows, Unfinished

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Gas Log, Masonry

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

Interior Features
Interior Features: Attic Pull Down Stairs, Built In Book Shelves, Hardwood Floors, Wood Work Stained, Windows Wood
Appliances: Electric Cooktop, Disposal, MicroHood, Double Oven, Refrigerator, Gas Water Heater
Areas Interior: Living Room Formal

Exterior

Exterior Features
Patio And Porch Features: Deck Main Level, Screened Patio
Exterior Features: Barn Mini

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Security Alarm Paid, Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

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

Lot Information
Lot Size Acres: 0.34
Lot Features: On Golf Course, Mature Trees

Utilities

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

Location

School Information
High School District: MSD Pike Township

Location Information
Directions: From 56th Street, South on Kessler, West on 46th Street, North on Melbourne.
Tax Legal Description: NORTHERN ESTATES 2ND SEC

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,868
Stories: 1.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1965
Year Renovated: 1965
County: Marion County
APN: 490608112033000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: atrusty3@comcast.net

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

Around this home

Schools

Guion Creek Elementary School

Public K-5 • Assigned • 0.7mi

5/10

Guion Creek Middle School

Public 6-8 • Assigned • 0.9mi

3/10

Pike High School

Public 9-12 • Assigned • 3.0mi

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

0% 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

$343,000 – $416,000

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Home values near 4716 Melbourne Rd

Data from public records.

Address	Redfin Estimate
4621 Melbourne Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2303 Sq. Ft.	$360,933
4626 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2052 Sq. Ft.	$377,791

Address	Redfin Estimate
4705 Melbourne Rd, Indianapolis, IN 3 Beds \| - Baths \| 1632 Sq. Ft.	$304,307
4616 Melbourne Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2192 Sq. Ft.	$287,397

Address	Redfin Estimate
4636 Melbourne Rd, Indianapolis, IN 4 Beds \| 1 Baths \| 1864 Sq. Ft.	$351,709
4606 Melbourne Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1880 Sq. Ft.	$317,688

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2013. This data may not match . Learn more.

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