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$275,000 ↓$5,000on 11/7/2024

4525 Melbourne Road Indianapolis, IN  46228

  • 3 Beds
  • 2 Baths
  • 1,823 sq. Ft

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Property Description for 4525 Melbourne Road Indianapolis, IN 46228

Welcome to this charming 3-bedroom, 1.5-bathroom all-brick ranch nestled on a large lot with no HOA! Step into the spacious living room, where a cozy wood-burning fireplace, large windows, and a ceiling fan create an inviting atmosphere. The kitchen boasts new LVP flooring, ample counter and cabinet space, a center island, and stainless steel appliances. Enjoy meals in the eat-in kitchen with custom bench seating or host gatherings in the formal dining room, illuminated by huge windows that flood the space with natural light. The dining room and all bedrooms showcase beautifully maintained original hardwood floors. Each of the three bedrooms offers generous closet space and large windows, and they share a full bathroom with a sizable vanity and shower/tub combo. An additional half bathroom adds convenience. Recent updates include newer Pella windows, a new roof, gutters, and shingles installed in August 2024, as well as upgraded plumbing with outside drain access in October 2022. Outside, you'll find a large, fully fenced backyard with mature trees, perfect for kids, pets, or outdoor activities. This private neighborhood is both quiet and community-oriented, while being just 15 minutes from downtown, IMS, Newfields, Eagle Creek Park, and Broad Ripple. Don't wait - schedule your showing today!
QuickBuy option for home selling

Address:4525 Melbourne Road Indianapolis IN 46228
Status:Active
on site: 69 days
Price:$275,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,823
Year Built:1955
Lot Size:0.38
County: Marion
Township: Pike
MLS #:22001169
Property Type:Single Family Residence

Lot Dimensions:16683
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,823
Total Sq. Ft. :1,823

Loan Price
$1,849
Price And Interest $1,435/month
Property Tax $299/month
MTG INS $0/month
HOME INS $115/month
Price
$275,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$299/month
Home Owner Insurance
$1,380 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/07/24 $280,000 $275,000 -1.79%
11/05/24 $285,000 $280,000 -1.75%
10/09/24 $290,000 $285,000 -1.72%
10/04/24 $295,000 $290,000 -1.69%

RoomSizeLevel
Living Room 23x19 Main
Dining Room 22x13 Main
Kitchen 19x11 Main
Laundry 9x8 Main
Primary Bedroom 12x11 Main
Bedroom 2 11x9 Main
Bedroom 3 12x11 Main

Semi-Annual Property Tax:$1,792
Tax Year:2023
Mandatory HOA Fee:$

Area: 4902 - Marion - Pike
City:Indianapolis
Subdivision: Northern Estates
Zip Code:46228

High School:Pike High School
Middle School:Guion Creek Middle School
Elementary School:Guion Creek Elementary School

Total Sq. Ft.:1,823
Interior Features:Attic Access, Center Island, Paddle Fan, Hardwood Floors, Programmable Thermostat, Screens Complete, Windows Thermal, Wood Work Painted
Interior Area(s):Laundry in Unit, Utility Room
Eating Area(s):Dining Combo/Kitchen, Formal Dining Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
Exterior Type:Brick
Fireplace(s):Living Room, Woodburning Fireplce
Cool:Central Electric
Heat:Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Halea Kopetsky with Mark Dietel Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/11/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

109
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 998 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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