OFF MARKET

Off Market Jul 2015 for $185K

$358,308

Est. refi paymentEst. refi $1,193/mo

•

2,414

sq ft

4925 Melbourne Rd, Indianapolis, IN 46228

About this home

Lovely 2 story 4 Bedroom 2.5 Bath home located in a wonderful serene location. Vaulted ceilings, security system, water softener, crown molding with a fantastic open kitchen, Stainless Steel appliances, a great fenced in brick patio with a hot tub included. Master Bdrm. includes Jack n Jill sinks, stand-alone shower, jacuzzi and walk-in closet. Close to shopping and a lovely park! This is a must see property!!

Single-familyProperty Type

1995Year Built

65 sq ftLot Size

$148Est. Price/Sq.Ft.

2 car garageParking

Listed by Seann Tischler • CENTURY 21 Scheetz

Contact: Seann@JankoRealtyGroup.com

Bought with James Copsey • Harp Realty, LLC

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21354107

Redfin Estimate

$358,308

$173K since sold in July 2015$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.5% higher than the average sale price ($321K) of 6 comparable homes.

SOLD JUN 4, 2026
$345,900
A
4 beds2.5 baths2,187 sq ft
4901 Katelyn Dr, Indianapolis, IN 46228
SOLD AUG 14, 2026
$375,000
B
4 beds2.5 baths2,961 sq ft
3634 Katelyn Ln, Indianapolis, IN 46228
SOLD JAN 23, 2026
$331,000
C
4 beds2.5 baths2,250 sq ft
4805 Melbourne Rd, Indianapolis, IN 46228
SOLD OCT 31, 2025
$344,000
D
4 beds2.5 baths2,414 sq ft
5014 Melbourne Rd, Indianapolis, IN 46228
SOLD JUL 14, 2026
$248,000
E
3 beds2.5 baths1,668 sq ft
5304 Alameda Rd, Indianapolis, IN 46228
SOLD JUL 21, 2026
$285,000
F
4 beds2.5 baths1,792 sq ft
4746 Rocky Knob Ln, Indianapolis, IN 46254

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Sell

$223,656

Est. take-home

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Refinance

Est. cash available

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Rent

$1,933/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

99.5%

+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

Sale history for 4925 Melbourne Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21354107

Jul 31, 2015

Sold

$185,000

$77/sq ft

Jun 3, 2015

Contingent

—

May 18, 2015

Listed

$190,000

$79/sq ft

MIBOR as Distributed by MLS Grid #21181290

Jan 25, 2013

Listing Removed

—

Jan 24, 2013

Sold

$178,000

$74/sq ft

Jun 11, 2012

Listed

$179,000

$74/sq ft

+19

Come home to Morningside & enjoy all the benefits of an established area & hassle-free living of newer construction! Darling trad 2story w/victorian accents. VLTD entry & wide staircase add drama.Hardwoods & trimwork details the current competition can't offer.New carpet, fresh paint, tasteful decor & loads of character.Fab kitchen w/full appliance pkg & new counters.VLTD mstr w/to-die-for closet & bath w/DBL vanity & jacuzzi tub. New roof & gutters.Lovely patio, full rear fence.FRPLC in FAMRM.

Public Records

Apr 29, 2010

Sold

$179,900

$75/sq ft

MIBOR as Distributed by MLS Grid #2914185

May 19, 2009

Listing Removed

—

Mar 20, 2009

Listed

$179,900

$75/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,872 (+2.6%)

$47,600 + $313,400

$361,000

2024

$3,772 (−2.7%)

$47,600 + $277,200

$324,800

2023

$3,877 (+39.8%)

$47,600 + $277,200

$324,800

2022

$2,774 (+13.3%)

$47,600 + $329,500

$377,100

2021

$2,449 (+7.1%)

$22,200 + $212,500

$234,700

2020

$2,287 (+2.1%)

$22,200 + $212,500

$234,700

2019

$2,241 (+12.3%)

$22,200 + $196,600

$218,800

2018

$1,995 (+4.5%)

$22,200 + $192,200

$214,400

2017

$1,909 (+0.9%)

$22,200 + $159,500

$181,700

2016

$1,892 (+7.5%)

$22,200 + $159,500

$181,700

2015

$1,760 (+1.7%)

$22,200 + $158,100

$180,300

2014

$1,730 (+4.5%)

$21,100 + $155,000

$176,100

2013

$1,656

$21,100 + $151,900

$173,000

Tax history for 4925 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,872 (+2.6%)

$47,600 + $313,400

$361,000

2024

$3,772 (−2.7%)

$47,600 + $277,200

$324,800

2023

$3,877 (+39.8%)

$47,600 + $277,200

$324,800

2022

$2,774 (+13.3%)

$47,600 + $329,500

$377,100

2021

$2,449 (+7.1%)

$22,200 + $212,500

$234,700

2020

$2,287 (+2.1%)

$22,200 + $212,500

$234,700

2019

$2,241 (+12.3%)

$22,200 + $196,600

$218,800

2018

$1,995 (+4.5%)

$22,200 + $192,200

$214,400

2017

$1,909 (+0.9%)

$22,200 + $159,500

$181,700

2016

$1,892 (+7.5%)

$22,200 + $159,500

$181,700

2015

$1,760 (+1.7%)

$22,200 + $158,100

$180,300

2014

$1,730 (+4.5%)

$21,100 + $155,000

$176,100

2013

$1,656

$21,100 + $151,900

$173,000

*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

65 ft.

Lot depth

137 ft.

Lot size

8,886 Sq. Ft.

Year renovated

1995

Sq. Ft.

2,414

Year built

1995

Style

Single Family Residential

County

Marion County

APN

490608114073000600

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

Mar 1, 1996 • Active

Heating & cooling permit-1-2 family-new install

HVAC

Mar 1, 1996 • Active

Structural permit-1-2 family-miscellaneous

Work on a single-family home with an attached garage.

Remodel

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: Finished Garage,Guest Street Parking,Keyless Entry
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 2414
Living Area: 2414
Main Level Sq. Ft.: 1358
Upper Level Sq. Ft.: 1056

Bedroom Information
Primary Bedroom Description: Sinks Double,Shower Stall Full,Porch,Closet Walk in,Tub Whirlpool
# of Upper Bedrooms: 4
Beds MU: 4
Bedrooms MU: 4

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

Room 1 Information
Room Features: Carpet
Room Dimensions: 15x14
Room Level: Upper

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 13x10
Room Level: Upper

Room 3 Information
Room Type: Breakfast Room
Room Features: Hardwood
Room Dimensions: 15x8
Room Level: Main

Room 4 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 15x10
Room Level: Main

Room 5 Information
Room Type: Library
Room Features: Carpet
Room Dimensions: 15x10
Room Level: Main

Room 6 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 12x10
Room Level: Main

Room 7 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 10x10
Room Level: Upper

Room 8 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 15x15
Room Level: Main

Room 9 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x9
Room Level: Upper

Room 10 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 15x14
Room Level: Main

Other Rooms Information
# of Rooms: 11

Laundry Room Information
Laundry Features: Main Level

Basement Information
Basement Features: Crawl Space

Fireplace Information
# of Fireplaces: 1

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

Interior Features
Interior Features: Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Screens Complete, Window Bay Bow, Windows Thermal, Eat-in Kitchen, Pantry
Appliances: Dishwasher, MicroHood, Gas Oven, Refrigerator, Gas Water Heater, Water Softener Owned

Exterior

Exterior Features
Patio And Porch Features: Open Patio, Covered Porch
Fencing: Fence Full Rear

Pool Information
Spa Features: Private

Property Information
Ownership Interest Types: Other/See Remarks
Other Equipment: Security Alarm Monitored, Security Alarm Paid
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.204
Lot Features: Corner Lot

Utilities

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

Location

HOA Information
Has HOA

School Information
High School District: MSD Pike Township

Location Information
Directions: Take 465 to exit 19, head East on West 56th Street, turn right onto Arabian Run, left on West 48th St., then left onto Melbourne Rd.
Tax Legal Description: MORNINGSIDE L22 BLK21

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 2,414
Stories: 2.0
Lot Size: 8,886 square feet
Style: Single Family Residential
Year Built: 1995
Year Renovated: 1995
County: Marion County
APN: 490608114073000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: Seann@JankoRealtyGroup.com

Home Information
Construction Materials: Vinyl With Brick
Levels: Two

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 • 2.9mi

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

$341,000 – $413,000

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Home values near 4925 Melbourne Rd

Data from public records.

Address	Redfin Estimate
4913 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2250 Sq. Ft.	$346,838
5010 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2388 Sq. Ft.	$380,287

Address	Redfin Estimate
5009 Melbourne Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2114 Sq. Ft.	$344,608
4921 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1864 Sq. Ft.	$316,601

Address	Redfin Estimate
4910 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2494 Sq. Ft.	$384,499
4917 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2040 Sq. Ft.	$336,012

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2015. This data may not match . Learn more.

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