OFF MARKET

Off Market Feb 2018 for $210K

$389,580

•

2,393

sq ft

4926 Melbourne Rd, Indianapolis, IN 46228

About this home

Come see this stunning home in the quiet neighborhood of Morningside. This home sets on a beautiful double corner lot, with amazing landscaping. With a welcome feeling when you enter the front door this home is warm and inviting, it has amazing hardwood floors and a gorgeous staircase that is also hardwood, with 4 bedrooms and 2.5 baths, this home is just waiting for its new family to fill its space with love and laughter! *** Home has a whole house Kinetico Water System and a Reverse Osmosis Drinking System at the Kitchen Sink. As of 10/1/2017 the Seller has completed drywall repair and painting. And has replaced the upstairs carpet.Home is back on the market due to buyers being unable to complete their financing.

Single-familyProperty Type

1994Year Built

0.45 acresLot Size

$163Est. Price/Sq.Ft.

2 car garageParking

Listed by Dana Wright • RE/MAX Advanced Realty

Contact: dana@indyhomepros.com

Bought with Todd Ferris • F.C. Tucker Company

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #21501802

Redfin Estimate

$389,580

$180K since sold in February 2018$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.7% higher than the average sale price ($340K) 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 MAY 29, 2026
$376,500
C
4 beds2.5 baths2,826 sq ft
3246 W 46th St, Indianapolis, IN 46228
SOLD JAN 23, 2026
$331,000
D
4 beds2.5 baths2,250 sq ft
4805 Melbourne Rd, Indianapolis, IN 46228
SOLD JUL 21, 2026
$285,000
E
4 beds2.5 baths1,792 sq ft
4746 Rocky Knob Ln, Indianapolis, IN 46254
SOLD MAY 20, 2026
$325,000
F
4 beds2.5 baths2,808 sq ft
5638 Pinto Ct, Indianapolis, IN 46228

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Earn from this home

Sell

$227,133

Est. take-home

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Rent

$1,976/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 4926 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,070

$75,700 + $304,300

$380,000

2024

$4,070 (−1.6%)

$75,700 + $276,700

$352,400

2023

$4,135 (+48.1%)

$75,700 + $276,700

$352,400

2022

$2,791 (+13.3%)

$75,700 + $329,000

$404,700

2021

$2,463 (+9.4%)

$26,100 + $211,800

$237,900

2020

$2,252 (−0.3%)

$26,100 + $211,800

$237,900

2019

$2,259 (+12.2%)

$26,100 + $190,900

$217,000

2018

$2,013 (+3.4%)

$26,100 + $191,700

$217,800

2017

$1,946 (+0.8%)

$26,100 + $160,800

$186,900

2016

$1,930 (+8.1%)

$26,100 + $160,800

$186,900

2015

$1,785 (+0.7%)

$26,100 + $159,400

$185,500

2014

$1,772 (+6.9%)

$26,100 + $152,400

$178,500

2013

$1,657

$26,100 + $151,200

$177,300

Tax history for 4926 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,070

$75,700 + $304,300

$380,000

2024

$4,070 (−1.6%)

$75,700 + $276,700

$352,400

2023

$4,135 (+48.1%)

$75,700 + $276,700

$352,400

2022

$2,791 (+13.3%)

$75,700 + $329,000

$404,700

2021

$2,463 (+9.4%)

$26,100 + $211,800

$237,900

2020

$2,252 (−0.3%)

$26,100 + $211,800

$237,900

2019

$2,259 (+12.2%)

$26,100 + $190,900

$217,000

2018

$2,013 (+3.4%)

$26,100 + $191,700

$217,800

2017

$1,946 (+0.8%)

$26,100 + $160,800

$186,900

2016

$1,930 (+8.1%)

$26,100 + $160,800

$186,900

2015

$1,785 (+0.7%)

$26,100 + $159,400

$185,500

2014

$1,772 (+6.9%)

$26,100 + $152,400

$178,500

2013

$1,657

$26,100 + $151,200

$177,300

*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

1.5

Stories

Lot width

65 ft.

Lot depth

300 ft.

Lot size

0.45 Acres

Year renovated

1994

Sq. Ft.

2,393

Year built

1994

Style

Single Family Residential

County

Marion County

APN

490608114074000600

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

Nov 1, 2021 • Final

Heating & cooling - 1-2 family

Replace the heat pump and furnace in a residential building.

HVAC

Apr 8, 2011 • Active

Heating & cooling permit-1-2 family-install-existing structure

Install a new furnace with a new flue pipe and a new air conditioning unit.

HVAC

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
Parking Features: Asphalt, Attached, Garage Door Opener, Side Load Garage
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 2393
Living Area: 2393
Main Level Sq. Ft.: 1353
Upper Level Sq. Ft.: 1040

Bedroom Information
Primary Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Tub Garden
# 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: 16x16
Room Level: Upper

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x9
Room Level: Upper

Room 3 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Upper

Room 4 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 14x10
Room Level: Upper

Room 5 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 15x14
Room Level: Main

Room 6 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main

Room 7 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 18x14
Room Level: Main

Room 8 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 15x13
Room Level: Main

Room 9 Information
Room Features: Vinyl
Room Dimensions: 9x7
Room Level: Main

Room 10 Information
Room Type: Library
Room Features: Carpet
Room Dimensions: 14x10
Room Level: Main

Other Rooms Information
Rooms Upper: 4
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 10

Laundry Room Information
Laundry Features: Main Level

Basement Information
Basement Features: Crawl Space

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

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

Interior Features
Interior Features: Attic Access, Walk-in Closet(s), Hardwood Floors, Screens Complete, Window Bay Bow, Breakfast Bar, Eat-in Kitchen, Pantry
Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Tankless Water Heater, Water Purifier
Areas Interior: Living Room Formal

Exterior

Exterior Features
Patio And Porch Features: Open Patio, Covered Porch

Property Information
Ownership Interest Types: No Assoc
Property Type: Residential
Property Sub Type: Single Family Residence

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

Lot Information
Lot Size Acres: 0.43
Lot Features: Corner Lot

Utilities

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

Location

School Information
High School District: MSD Pike Township

Location Information
Directions: East on 56th Street from Georgetown Rd, right on Arabian Run, left on 48th Street, left on Melbourne.
Tax Legal Description: MORNINGSIDE L1 & L22 BLK3

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 2,393
Stories: 2.0
Lot Size: 0.45 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: 1994
County: Marion County
APN: 490608114074000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: dana@indyhomepros.com

Green Information
Green Certification YN: No

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

$371,000 – $449,000

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Home values near 4926 Melbourne Rd

Data from public records.

Address	Redfin Estimate
4925 Melbourne Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2414 Sq. Ft.	$361,923
4910 Melbourne Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2494 Sq. Ft.	$388,294

Address	Redfin Estimate
4913 Melbourne Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2250 Sq. Ft.	$346,373
5010 Melbourne Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2388 Sq. Ft.	$378,661

Address	Redfin Estimate
5009 Melbourne Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2114 Sq. Ft.	$344,646
4921 Melbourne Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1864 Sq. Ft.	$318,027

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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