$322,677
$171K since last sold$1,000 since August
This home's estimate is 7.3% higher than the average sale price ($301K) of 6 comparable homes.
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SOLD
$322,677
3
bd•
1.5 ba
•
1,864
sq ft
5001 Melbourne Rd, Indianapolis, IN 46228
About this home
Welcome to Unique and Beautiful Melbourne place!Home is best value at almost 20,000 under appraisal.Vaulted ceilings accent the family rm w/fireplace & berber carpet.Large eat-in kitchen w/center island & golden hardwoo d floors matching the beautiful oak cabinets.Large Mastersuite w/vaulted ceilings & private mastrbath.Fenced in backyard & playset to stay.Home has many upgrades including extra long covered porch & plant shelves.poss@cl osing.A must see!*reduced to sell.
Single-familyProperty Type
1994Year Built
8,756 sq ftLot Size
$173Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records
Redfin Estimate
Earn from this home
Sell
$302,071
Est. take-home
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Rent
$1,883/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
59
0 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
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.
JuneDecember
Provided by Shadowmap
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