OFF MARKET

Off Market May 2024 for $292K

$299,652

•

1,776

sq ft

5317 Melbourne Rd, Indianapolis, IN 46228

About this home

Step through the front door, you'll immediately sense the openness that defines the living space. The entire home has undergone a thoughtful transformation, with fresh paint, new trim, and modern doors enhancing its appeal. The heart of this home is undoubtedly the kitchen. Turn the corner, and you'll be greeted by an amazing culinary space featuring butcher block countertops, new soft-close cabinets, and top-of-the-line stainless steel appliances. It's a perfect blend of style and functionality, catering to both aesthetics and practicality. On the main floor, you'll discover a 1/2 bath that has been completely redone. Picture yourself in front of the lighted mirror equipped with Bluetooth speakers-an innovative touch that combines convenience with a touch of luxury. Venture upstairs to find four bedrooms with new carpeting throughout. The hall bath is a testament to the overall attention to detail in this home's renovation. It boasts a lighted mirror and a refreshing rain shower, creating a spa-like atmosphere. The primary bathroom is nothing short of spectacular. Step onto the tile floors, admire the granite vanity, and bask in the ample natural light provided by the huge 7ft lighted mirror. The beautifully tiled shower is both functional and visually stunning, completing the luxurious feel of this private retreat. Practicality meets peace of mind with all-new HVAC, Roof, Windows, and Water Heater. Every aspect of this home has been carefully upgraded, ensuring not only a modern look but also the expected reliability that comes with brand-new systems. This home invites you to experience a lifestyle of comfort, style, and modern living. Schedule a visit to witness the meticulous craftsmanship and attention to detail that make this property truly stand out. Don't miss the opportunity to make this gem your own! Utilities are off. Buyer must submit a "Pre-Approval" Letter from their lender with offer. We will not accept an offer with a "Pre-qualification" letter.

Single-familyProperty Type

2000Year Built

5,271 sq ftLot Size

$169Est. Price/Sq.Ft.

2 car garageParking

Listed by Rodney Forrest • eXp Realty, LLC

Contact: rod.r.forrest@gmail.com

Bought with Danielle Coleman • Keller Williams Indpls Metro N

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21959774

Redfin Estimate

$299,652

$7,652 since sold in May 2024$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.2% higher than the average sale price ($274K) of 6 comparable homes.

SOLD JUL 6, 2026
$258,000
A
3 beds2.5 baths1,668 sq ft
3445 W 53rd St, Indianapolis, IN 46228
SOLD JUL 14, 2026
$248,000
B
3 beds2.5 baths1,668 sq ft
5304 Alameda Rd, Indianapolis, IN 46228
SOLD JUL 21, 2026
$285,000
C
4 beds2.5 baths1,792 sq ft
4746 Rocky Knob Ln, Indianapolis, IN 46254
SOLD APR 13, 2026
$285,000
D
3 beds2.5 baths1,440 sq ft
3464 W 54th St, Indianapolis, IN 46228
SOLD JUN 4, 2026
$345,900
E
4 beds2.5 baths2,187 sq ft
4901 Katelyn Dr, Indianapolis, IN 46228
SOLD JUL 31, 2026
$224,900
F
4 beds2.5 baths1,980 sq ft
4227 Trace Edge Ln, Indianapolis, IN 46254

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Earn from this home

Sell

$56,367

Est. take-home

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Rent

$1,868/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 25 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 5317 Melbourne Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21959774

May 29, 2024

Sold

$292,000

$164/sq ft

Apr 14, 2024

Pending

—

Mar 28, 2024

Relisted

—

Feb 26, 2024

Pending

—

Jan 11, 2024

Listed

$299,000

$168/sq ft

MIBOR as Distributed by MLS Grid #21929550

Nov 17, 2023

Listing Removed

—

Oct 6, 2023

Price Changed

$298,200

$168/sq ft

Sep 16, 2023

Relisted

—

Jul 12, 2023

Pending

—

Jul 7, 2023

Listed

$299,700

$169/sq ft

MIBOR as Distributed by MLS Grid #21874849

Mar 29, 2023

Listing Removed

—

Aug 12, 2022

Listed

$237,200

$134/sq ft

MIBOR as Distributed by MLS Grid #2637724

Dec 7, 2006

Listing Removed

—

Jun 10, 2006

Listed

$117,000

$66/sq ft

MIBOR as Distributed by MLS Grid #2569237

Nov 11, 2005

Listed

$92,000

$52/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,934 (+13.5%)

$33,100 + $247,700

$280,800

2024

$2,585 (−43.1%)

$33,100 + $191,800

$224,900

2023

$4,545 (+10.5%)

$33,100 + $191,800

$224,900

2022

$4,114 (+36.1%)

$33,100 + $190,700

$223,800

2021

$3,023 (+3.2%)

$16,900 + $130,900

$147,800

2020

$2,930 (+15.4%)

$16,900 + $130,900

$147,800

2019

$2,538 (+14.8%)

$16,900 + $126,300

$143,200

2018

$2,211 (+118.1%)

$16,900 + $106,800

$123,700

2017

$1,014 (+9.3%)

$16,900 + $91,200

$108,100

2016

$928 (+16.7%)

$16,900 + $91,200

$108,100

2015

$795 (+9.1%)

$16,900 + $85,900

$102,800

2014

$729 (−0.4%)

$16,900 + $81,500

$98,400

2013

$732

$16,900 + $77,200

$94,100

Tax history for 5317 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,934 (+13.5%)

$33,100 + $247,700

$280,800

2024

$2,585 (−43.1%)

$33,100 + $191,800

$224,900

2023

$4,545 (+10.5%)

$33,100 + $191,800

$224,900

2022

$4,114 (+36.1%)

$33,100 + $190,700

$223,800

2021

$3,023 (+3.2%)

$16,900 + $130,900

$147,800

2020

$2,930 (+15.4%)

$16,900 + $130,900

$147,800

2019

$2,538 (+14.8%)

$16,900 + $126,300

$143,200

2018

$2,211 (+118.1%)

$16,900 + $106,800

$123,700

2017

$1,014 (+9.3%)

$16,900 + $91,200

$108,100

2016

$928 (+16.7%)

$16,900 + $91,200

$108,100

2015

$795 (+9.1%)

$16,900 + $85,900

$102,800

2014

$729 (−0.4%)

$16,900 + $81,500

$98,400

2013

$732

$16,900 + $77,200

$94,100

*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

—

Lot depth

—

Lot size

5,271 Sq. Ft.

Year renovated

2000

Sq. Ft.

1,776

Year built

2000

Style

Single Family Residential

County

Marion County

APN

490608128004000600

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: 380
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1776
Living Area: 1776
Main Level Sq. Ft.: 736
Upper Level Sq. Ft.: 1040

Bedroom Information
Primary Bedroom Description: Closet Walk in
# 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: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Shower Stall Full,Sinks Double

Room 1 Information
Room Features: Carpet
Room Dimensions: 20x14
Room Level: Upper

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 10x14
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: 10x10
Room Level: Upper

Room 5 Information
Room Type: Kitchen
Room Features: Vinyl Plank
Room Dimensions: 7x12
Room Level: Main

Room 6 Information
Room Type: Dining Room
Room Features: Vinyl Plank
Room Dimensions: 15x12
Room Level: Main

Room 7 Information
Room Type: Living Room
Room Features: Vinyl Plank
Room Dimensions: 15x12
Room Level: Main

Other Rooms Information
Rooms Upper: 4
Rooms Main: 3
Rooms Basement: 0
# of Rooms: 7

Laundry Room Information
Laundry Features: Connections All, Laundry Closet

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

Interior Features
Interior Features: Attic Access, Cathedral Ceiling(s), Eat-in Kitchen, Pantry, Screens Complete, Walk-in Closet(s), Windows Vinyl
Appliances: Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
Areas Interior: Laundry in Unit,Living Room Formal

Exterior

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
Property Condition: Updated/Remodeled
Has View
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.12
Lot Features: Street Lights

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: No

Location

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Fee: $200
Association Fee Frequency: Annually
Association Fee Includes: Entrance Common, Insurance, Maintenance, Management

School Information
High School District: MSD Pike Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Morningside Section 2 L160

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 1,776
Stories: 2.0
Lot Size: 5,271 square feet
Style: Single Family Residential
Year Built: 2000
Year Renovated: 2000
County: Marion County
APN: 490608128004000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: rod.r.forrest@gmail.com

Green Information
Green Certification YN: No
Direction Faces: West

Home Information
Foundation Details: Slab
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 • 2.7mi

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

$285,000 – $345,000

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Home values near 5317 Melbourne Rd

Data from public records.

Address	Redfin Estimate
5323 Melbourne Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1408 Sq. Ft.	$259,224
5329 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1577 Sq. Ft.	$262,344

Address	Redfin Estimate
5340 Melbourne Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2376 Sq. Ft.	$292,765
5334 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1540 Sq. Ft.	$266,776

Address	Redfin Estimate
5316 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1776 Sq. Ft.	$272,394
5335 Melbourne Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2000 Sq. Ft.	$272,764

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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