OFF MARKET

Off Market Aug 2025 for $388K

$380,287

•

2,388

sq ft

5010 Melbourne Rd, Indianapolis, IN 46228

About this home

Nestled on a peaceful dead-end road, this beautifully updated four-bedroom home offers an unparalleled sense of privacy and tranquility. Surrounded by mature trees, the property spans two parcels, providing ample space for outdoor activities or future development. Step inside to find an inviting, open-concept layout with thoughtful built-ins, offering both functionality and style. The updated kitchen is a chef's dream, featuring modern finishes, sleek countertops, and a breakfast bar for casual dining. A built-in gas grill on the patio makes outdoor entertaining a breeze, whether hosting a summer barbecue or relaxing and enjoying the scenery. The spacious living room is the perfect place to unwind, complete with a cozy fireplace that adds warmth and ambiance to the space. Some windows are adorned with charming interior shutters, enhancing the home's character and privacy. One of the highlights of the property is the serene, screened-in sunroom, where you can enjoy the beauty of the outdoors year-round, free from bugs or harsh weather. The large primary suite is a true retreat, complete with a massive walk-in closet that will impress even the most discerning buyers. Each of the additional bedrooms is generously sized, offering plenty of room for family or guests. With its double lot, built-in features, and the privacy of a dead-end road, this home truly offers the best of both worlds: modern comfort and quiet seclusion. Don't miss the chance to make this unique property your forever home.

Single-familyProperty Type

1995Year Built

0.44 acresLot Size

$159Est. Price/Sq.Ft.

2 car garageParking

Listed by Teena Stephens • My Agent

Bought with Kristin Glassburn • @properties

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #22042867

Redfin Estimate

$380,287

$7,713 since sold in August 2025$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.9% higher than the average sale price ($343K) 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 MAY 29, 2026
$376,500
D
4 beds2.5 baths2,826 sq ft
3246 W 46th St, Indianapolis, IN 46228
SOLD OCT 31, 2025
$344,000
E
4 beds2.5 baths2,414 sq ft
5014 Melbourne 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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Earn from this home

Sell

$51,374

Est. take-home

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Rent

$1,934/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 5010 Melbourne Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #22042867

Aug 13, 2025

Sold

$388,000

$162/sq ft

Jul 10, 2025

Pending

—

Jun 12, 2025

Listed

$388,000

$162/sq ft

MIBOR as Distributed by MLS Grid #21835086

Feb 18, 2022

Sold

$340,000

$142/sq ft

Feb 7, 2022

Pending

—

Feb 4, 2022

Listed

$319,000

$134/sq ft

+34

Home sits on a double lot (.44 acre) backing to woods and has new Exterior Paint! Welcoming covered front porch opens to 2 story Foyer & LR currently used as a Den/Library. Main Floor BR can serve as much sought after additional "work from home" space! The decor & vibe of this home is truly inviting! Updated Eat-In Kitchen w/beautiful finishes & appliances offers open concept & Breakfast Bar w/bay window. Cathedral ceiling in the large GR w/Fireplace leads to your Screened-In Porch...que the twinkle lights! Primary suite w/ enormous walk-in closet & Bath w/newer tile, separate double vanities, Garden Tub & separate Shower! Secondary upstairs BA w/newer tile & Vanity. Great backyard w/Deck & views of the woods to enjoy during all 4 seasons!

MIBOR as Distributed by MLS Grid #21160460

Jun 7, 2012

Listing Removed

—

Jun 7, 2012

Sold

$170,000

$71/sq ft

Feb 10, 2012

Listed

$179,900

$75/sq ft

ARCHITECTURALLY UNIQUE HOME ON 2 LOTS! CONVENIENT TO DOWNTOWN & AIRPORT! THIS 3 OR 4 BEDROOM HOME W/ ATRIUM STYLE FRONT ENTRY & MAGNIFICIENT STAIRCASE ARE JUST THE START OF MANY NICE FEATURES! LARGE GREAT ROOM W/ FIREPLACE AND A SCREENED PORCH OFF THE BACK WITH A VIEW OF THE EXTRA LARGE BACK YARD WITH A PLAYSET! SPACIOUS KITCHEN WITH CENTER ISLAND AND BREAKFAST ROOM! MASTER BEDROOM HAS LARGE BATH AND A 22 X 9 WALK IN CLOSET W/ WINDOW WHICH COULD BE USED AS OFFICE OR BABY NURSERY!

MIBOR as Distributed by MLS Grid #2240424

Aug 27, 2002

Listed

$187,400

$78/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,076 (+3.0%)

$47,000 + $331,800

$378,800

2024

$3,958 (−2.8%)

$47,000 + $294,000

$341,000

2023

$4,072 (+39.6%)

$47,000 + $294,000

$341,000

2022

$2,917 (+13.3%)

$47,000 + $349,600

$396,600

2021

$2,576 (+7.1%)

$21,600 + $225,800

$247,400

2020

$2,404 (+2.1%)

$21,600 + $225,800

$247,400

2019

$2,356 (+12.5%)

$21,600 + $208,900

$230,500

2018

$2,094 (+2.8%)

$21,600 + $204,300

$225,900

2017

$2,037 (+0.9%)

$21,600 + $172,900

$194,500

2016

$2,019 (+6.5%)

$21,600 + $172,900

$194,500

2015

$1,896 (+2.0%)

$21,600 + $171,400

$193,000

2014

$1,858 (+4.5%)

$21,600 + $168,000

$189,600

2013

$1,778

$21,600 + $164,200

$185,800

Tax history for 5010 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,076 (+3.0%)

$47,000 + $331,800

$378,800

2024

$3,958 (−2.8%)

$47,000 + $294,000

$341,000

2023

$4,072 (+39.6%)

$47,000 + $294,000

$341,000

2022

$2,917 (+13.3%)

$47,000 + $349,600

$396,600

2021

$2,576 (+7.1%)

$21,600 + $225,800

$247,400

2020

$2,404 (+2.1%)

$21,600 + $225,800

$247,400

2019

$2,356 (+12.5%)

$21,600 + $208,900

$230,500

2018

$2,094 (+2.8%)

$21,600 + $204,300

$225,900

2017

$2,037 (+0.9%)

$21,600 + $172,900

$194,500

2016

$2,019 (+6.5%)

$21,600 + $172,900

$194,500

2015

$1,896 (+2.0%)

$21,600 + $171,400

$193,000

2014

$1,858 (+4.5%)

$21,600 + $168,000

$189,600

2013

$1,778

$21,600 + $164,200

$185,800

*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

64 ft.

Lot depth

150 ft.

Lot size

9,583 Sq. Ft.

Year renovated

1995

Sq. Ft.

2,388

Year built

1995

Style

Single Family Residential

County

Marion County

APN

490608114065000600

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 SqFt: 440
Garage Parking Other: Finished Garage,Keyless Entry
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2388
Living Area: 2388
Main Level Sq. Ft.: 1330
Upper Level Sq. Ft.: 1058

Bedroom Information
Primary Bedroom Description: Closet Walk in
# of Upper Bedrooms: 3
# of Bedrooms Main: 1
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: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Shower Stall Full,Sinks Double,Tub Garden

Room 1 Information
Room Type: Bedroom 2
Room Dimensions: 12x11
Room Level: Upper

Room 2 Information
Room Type: Bedroom 3
Room Dimensions: 12x11
Room Level: Upper

Room 3 Information
Room Type: Breakfast Room
Room Dimensions: 11x8
Room Level: Main

Room 4 Information
Room Type: Dining Room
Room Dimensions: 15x11
Room Level: Main

Room 5 Information
Room Dimensions: 15x15
Room Level: Upper

Room 6 Information
Room Type: Bedroom 4
Room Dimensions: 13x10
Room Level: Main

Room 7 Information
Room Type: Kitchen
Room Dimensions: 15x13
Room Level: Main

Room 8 Information
Room Type: Living Room
Room Dimensions: 15x11
Room Level: Main

Room 9 Information
Room Type: Great Room
Room Dimensions: 21x15
Room Level: Main

Room 10 Information
Room Type: Laundry
Room Dimensions: 8x6
Room Level: Main

Other Rooms Information
Rooms Upper: 3
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 10

Laundry Room Information
Laundry Features: Main Level, Laundry Room

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

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

Interior Features
Interior Features: Attic Access, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), High Ceilings, Kitchen Island, Eat-in Kitchen, Pantry, Supplemental Storage, Walk-in Closet(s), Vaulted Ceiling(s)
Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Exhaust Fan, MicroHood, Gas Oven, Refrigerator, Washer, Microwave, Water Heater
Areas Interior: Bedroom Other on Main

Exterior

Exterior Features
Patio And Porch Features: Covered, Screened
Exterior Features: Storage, Gas Grill, Storage Shed

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Has Additional Parcels
Property Sub Type: Single Family Residence

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

Lot Information
Lot Size Acres: 0.44
Lot Features: Street Lights, Suburb, Mature Trees, Wooded

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Solid Waste Information: Yes

Location

School Information
High School District: MSD Pike Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Morningside L18 Blk 29

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 2,388
Stories: 2.0
Lot Size: 9,583 square feet
Style: Single Family Residential
Year Built: 1995
Year Renovated: 1995
County: Marion County
APN: 490608114065000600

Home facts updated by county records on Jul 29, 2026

Other

Home Information
Foundation Details: Crawl Space
Construction Materials: Brick, Vinyl Siding
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 • 2.8mi

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

$362,000 – $438,000

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Home values near 5010 Melbourne Rd

Data from public records.

Address	Redfin Estimate
4925 Melbourne Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2414 Sq. Ft.	$358,308
5022 Melbourne Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2684 Sq. Ft.	$350,985

Address	Redfin Estimate
5009 Melbourne Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2114 Sq. Ft.	$344,608
5018 Melbourne Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2208 Sq. Ft.	$378,847

Address	Redfin Estimate
5102 Melbourne Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2604 Sq. Ft.	$364,103
5021 Melbourne Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2232 Sq. Ft.	$352,227

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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