OFF MARKET

Off Market Sep 2020 for $257K

$354,324

•

2,232

sq ft

5021 Melbourne Rd, Indianapolis, IN 46228

About this home

YOU MUST SEE THIS HOME! Renovations & upgrades in every room. The open floor plan features a stunning kitchen with a large island, loads of cabinetry, granite counter tops, tile back splash & pantry. The family room flows from the kitchen continuing the vaulted ceiling & includes a gas fireplace. The renovation includes wainscoting, trim work, new flooring, new lighting, hardware & more. Upstairs you will find a true master suite, with an all new bath, double sinks, custom tile, 4 shower heads, beautiful cabinetry & a walk in closet. Check out the heated workshop/storage space just off the large 2 car garage. The deck & fenced back yard allow privacy plus more space to relax. You will be so impressed with the high level of style & detail.

Single-familyProperty Type

1998Year Built

137 sq ftLot Size

$159Est. Price/Sq.Ft.

2 car garageParking

Listed by Scott Lacy • Asset One Real Estate Company

Contact: scott@lacysells.com

Bought with Robert Porter • Highgarden Real Estate

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21730409

Redfin Estimate

$354,324

$97K since sold in September 2020$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.8% higher than the average sale price ($301K) of 6 comparable homes.

SOLD JUL 14, 2026
$248,000
A
3 beds2.5 baths1,668 sq ft
5304 Alameda Rd, Indianapolis, IN 46228
SOLD JUL 6, 2026
$258,000
B
3 beds2.5 baths1,668 sq ft
3445 W 53rd St, Indianapolis, IN 46228
SOLD JUN 4, 2026
$345,900
C
4 beds2.5 baths2,187 sq ft
4901 Katelyn Dr, Indianapolis, IN 46228
SOLD APR 13, 2026
$285,000
D
3 beds2.5 baths1,440 sq ft
3464 W 54th 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 DEC 29, 2025
$293,000
F
3 beds2.5 baths2,220 sq ft
5032 Shadow Pointe Dr, Indianapolis, IN 46254

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Sell

$149,901

Est. take-home

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Rent

$1,984/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 29 HRS AGO
$255,000
3 beds2 baths1,430 sq ft
4506 Rotterdam Dr, Indianapolis, IN 46228
NEW 31 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 5021 Melbourne Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21730409

Sep 30, 2020

Sold

$257,575

$115/sq ft

Sep 20, 2020

Pending

—

Sep 13, 2020

Listing Removed

—

Aug 21, 2020

Pending

—

Aug 9, 2020

Pending

—

Aug 6, 2020

Listed

$239,000

$107/sq ft

MIBOR as Distributed by MLS Grid #21214424

May 9, 2014

Listing Removed

—

May 5, 2014

Sold

$124,000

$56/sq ft

Feb 4, 2013

Listed

$129,900

$58/sq ft

+13

Year

Property tax

Land + Additions

Assessment*

2025

$3,714 (+2.3%)

$44,500 + $302,700

$347,200

2024

$3,632 (−5.0%)

$44,500 + $268,100

$312,600

2023

$3,823 (+39.4%)

$44,500 + $268,100

$312,600

2022

$2,743 (+13.4%)

$44,500 + $327,200

$371,700

2021

$2,419 (+9.5%)

$20,800 + $210,900

$231,700

2020

$2,208 (−47.8%)

$20,800 + $210,900

$231,700

2019

$4,231 (+115.0%)

$20,800 + $190,100

$210,900

2018

$1,967 (+2.8%)

$20,800 + $185,900

$206,700

2017

$1,914 (−0.1%)

$20,800 + $161,400

$182,200

2016

$1,916 (+8.0%)

$20,800 + $161,400

$182,200

2015

$1,774 (+3.1%)

$20,800 + $161,900

$182,700

2014

$1,721 (+4.4%)

$20,800 + $156,700

$177,500

2013

$1,648

$20,800 + $151,300

$172,100

Tax history for 5021 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,714 (+2.3%)

$44,500 + $302,700

$347,200

2024

$3,632 (−5.0%)

$44,500 + $268,100

$312,600

2023

$3,823 (+39.4%)

$44,500 + $268,100

$312,600

2022

$2,743 (+13.4%)

$44,500 + $327,200

$371,700

2021

$2,419 (+9.5%)

$20,800 + $210,900

$231,700

2020

$2,208 (−47.8%)

$20,800 + $210,900

$231,700

2019

$4,231 (+115.0%)

$20,800 + $190,100

$210,900

2018

$1,967 (+2.8%)

$20,800 + $185,900

$206,700

2017

$1,914 (−0.1%)

$20,800 + $161,400

$182,200

2016

$1,916 (+8.0%)

$20,800 + $161,400

$182,200

2015

$1,774 (+3.1%)

$20,800 + $161,900

$182,700

2014

$1,721 (+4.4%)

$20,800 + $156,700

$177,500

2013

$1,648

$20,800 + $151,300

$172,100

*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

137 ft.

Lot size

8,756 Sq. Ft.

Year renovated

1998

Sq. Ft.

2,232

Year built

1998

Style

Single Family Residential

County

Marion County

APN

490608114099000600

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

Feb 17, 2018 • Final

Heating & cooling - 1-2 family

Replace the furnace and air conditioner in a residential building.

HVAC

Sep 16, 1998 • Active

Electrical permit-1-2 family-new install

Electrical

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: Attached, Concrete, Garage Door Opener, Storage, Workshop in Garage
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2232
Living Area: 2232
Main Level Sq. Ft.: 1232
Upper Level Sq. Ft.: 1000

Bedroom Information
Primary Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3

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: 3
Full Bathrooms MU: 2

Room 1 Information
Room Features: Carpet
Room Dimensions: 16x14
Room Level: Upper

Room 2 Information
Room Type: Kitchen
Room Dimensions: 16x14
Room Level: Main

Room 3 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 12x14
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x14
Room Level: Upper

Room 5 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x14
Room Level: Upper

Room 6 Information
Room Type: Family Room
Room Dimensions: 16x14
Room Level: Main

Room 7 Information
Room Type: Dining Room
Room Dimensions: 12x14
Room Level: Main

Room 8 Information
Room Type: Loft
Room Features: Carpet
Room Dimensions: 8x7
Room Level: Upper

Room 9 Information
Room Dimensions: 9x6
Room Level: Main

Room 10 Information
Room Type: Workshop
Room Features: Other
Room Dimensions: 7x10
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, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access, Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Screens Some, Wood Work Painted, Pantry
Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater
Areas Interior: Living Room Formal

Exterior

Exterior Features
Patio And Porch Features: Deck Main Level, Covered Porch
Fencing: Fence Full Rear

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.2
Lot Features: Sidewalks, Mature Trees

Utilities

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

Location

HOA Information
Has HOA
Association Fee: $190
Association Fee Frequency: Annually
Association Fee Includes: Snow Removal, Other

School Information
High School District: MSD Pike Township

Location Information
Directions: Kessler Blvd N Dr to 48th Street, turn west to Melbourne Rd & north to home on the right.
Tax Legal Description: MORNINGSIDE L 9 BLK22

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 2,232
Stories: 2.0
Lot Size: 8,756 square feet
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Marion County
APN: 490608114099000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: scott@lacysells.com

Green Information
Green Certification YN: No

Home Information
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

$337,000 – $408,000

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Home values near 5021 Melbourne Rd

Data from public records.

Address	Redfin Estimate
5009 Melbourne Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2114 Sq. Ft.	$344,646
5018 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2208 Sq. Ft.	$386,772

Address	Redfin Estimate
5102 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2604 Sq. Ft.	$368,986
5109 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2012 Sq. Ft.	$315,687

Address	Redfin Estimate
5022 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2684 Sq. Ft.	$358,462
5010 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2388 Sq. Ft.	$378,661

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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