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  • Price cut: $10.1K (2/13)
    $289,900

    4416 Melbourne Rd, Indianapolis, IN 46228

    3beds
    1,547sqft
    : 
    Residential, Single Family Residence
    Built in 1960
    0.32 Acres Lot
    $-- Zestimate®
    $187/sqft
    $6/mo HOA

    What's special

    Cozy fireplaceFire pitStylish backsplashStorage shedTwo additional bedroomsCharming front porchThoughtfully designed kitchen
    Discover an inviting, move-in-ready home, ideally located in Marion County just 9 minutes (3.5 miles) from Butler University. This well-maintained single-family ranch offers both comfortable living and outstanding flexibility - making it a perfect option for a Butler student or an owner looking to offset expenses with rental income. Step into a thoughtfully designed kitchen where shaker cabinets, a stylish backsplash, and a peninsula with bar seating create the ideal space for everyday meals or entertaining. The adjoining living room invites you to unwind by the cozy fireplace, perfect for relaxing evenings or gathering with friends. The primary bedroom serves as a private retreat, complete with an ensuite bathroom and elegant crown molding. Two additional bedrooms provide excellent opportunities for roommates, home office space, or guest accommodations - offering strong potential for extra rental income. Outside, enjoy a charming front porch ideal for morning coffee or evening sunsets. The fully fenced backyard offers privacy and room to relax or entertain, featuring a fire pit for memorable nights outdoors and a storage shed for added convenience. Situated on a generous 13,983 sq ft lot, this 1,547 sq ft ranch-style home, built in 1960, blends classic charm with modern updates in a prime location close to shopping, dining, and campus life. A versatile property with lifestyle appeal and investment potential-this is one you won't want to miss.
    52 days
    |
    1,054
    |
    58
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 13, 2026 at 06:38am

    Listing Provided by:

    Wendy Vivirito 317-603-5548,

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22079018MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 2
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 3
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9x9
    Breakfast room
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10x8
    Dining room
    • Level: Main
    • Area: 135 Square Feet
    • Dimensions: 15x9
    Family room
    • Level: Main
    • Area: 252 Square Feet
    • Dimensions: 18x14
    Great room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Kitchen
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Oven, Refrigerator, Washer
    Features
    • Attic Access, Hardwood Floors, Eat-in Kitchen, High Speed Internet
    • Flooring: Hardwood
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 1,547
    • Total interior livable area: 1,547 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Covered
    • Fencing: Fenced,Full
    Lot
    • Size: 0.32 Acres
    • Features: Mature Trees
    Details
    • Additional structures: Barn Mini
    • Parcel number: 490617124018000600
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Northern Estates
    HOA
    • Has HOA: Yes
    • HOA fee: $75 annually
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $187/sqft
    • Tax assessed value: $252,300
    • Annual tax amount: $2,830
    • Date on market: 1/9/2026
    • Cumulative days on market: 177 days
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/13/2026Price change$289,900-3.4%$187/sqft
    Source: MIBOR as distributed by MLS GRID #22079018 Report a problem
    1/9/2026Listed for sale$300,000-4.6%$194/sqft
    Source: MIBOR as distributed by MLS GRID #22079018 Report a problem
    1/5/2026Listing removed$314,500$203/sqft
    Source: MIBOR as distributed by MLS GRID #22060691 Report a problem
    10/27/2025Price change$314,500-3.2%$203/sqft
    Source: MIBOR as distributed by MLS GRID #22060691 Report a problem
    9/5/2025Price change$325,000-1.2%$210/sqft
    Source: MIBOR as distributed by MLS GRID #22060691 Report a problem
    7/3/2025Listed for sale$329,000+42%$213/sqft
    Source: Owner Report a problem
    11/9/2021Sold$231,750$150/sqft
    Source: Public Record Report a problem
    9/3/2021Sold$231,750-3.4%$150/sqft
    Source: MIBOR as distributed by MLS GRID #21787254 Report a problem
    7/11/2021Pending sale$239,900$155/sqft
    Source: MIBOR as distributed by MLS GRID #21787254 Report a problem
    7/7/2021Listed for sale$239,900$155/sqft
    Source: MIBOR as distributed by MLS GRID #21787254 Report a problem
    7/5/2021Pending sale$239,900$155/sqft
    Source: MIBOR as distributed by MLS GRID #21787254 Report a problem
    7/2/2021Price change$239,900-4%$155/sqft
    Source: MIBOR as distributed by MLS GRID #21787254 Report a problem
    6/25/2021Listed for sale$249,900+76%$162/sqft
    Source: MIBOR as distributed by MLS GRID #21787254 Report a problem
    4/18/2018Sold$142,000$92/sqft
    Source: MIBOR as distributed by MLS GRID #21552072 Report a problem
    3/21/2018Pending sale$142,000$92/sqft
    Source: Horizon Real Estate of Indiana #21552072 Report a problem
    3/21/2018Price change$142,000+5.3%$92/sqft
    Source: Horizon Real Estate of Indiana #21552072 Report a problem
    3/19/2018Listed for sale$134,900+31%$87/sqft
    Source: Horizon Real Estate of Indiana #21552072 Report a problem
    8/29/2013Sold$103,000-10.4%$67/sqft
    Source: MIBOR as distributed by MLS GRID #21227021 Report a problem
    12/19/2012Listing removed$114,900$74/sqft
    Source: Viewpoint Realty Group #21178597 Report a problem
    9/16/2012Price change$114,900-3.8%$74/sqft
    Source: Viewpoint Realty Group #21178597 Report a problem
    7/21/2012Price change$119,500-2%$77/sqft
    Source: Viewpoint Realty Group #21178597 Report a problem
    6/12/2012Listed for sale$122,000+1.7%$79/sqft
    Source: Viewpoint Realty Group #21178597 Report a problem
    9/10/2010Listing removed$120,000$78/sqft
    Source: RE/MAX Centerstone (Brownsburg) #21011727 Report a problem
    3/6/2010Listed for sale$120,000$78/sqft
    Source: RE/MAX Unlimited Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,503 +30.4%$252,300 +0.8%
    2023$1,919 +45.3%$250,200 +30.4%
    2022$1,321 +1.1%$191,800 +45.4%
    2021$1,306 +4.2%$131,900 +1.2%
    2020$1,253 +1.5%$130,400 +2%
    2019$1,235 +19.8%$127,800 +2.1%
    2018$1,031 -0.4%$125,200 +13.1%
    2017$1,035 +20.3%$110,700 +4%
    2016$861 +9.6%$106,400 +9.4%
    2014$786 -2.9%$97,300 +1.8%
    2013$809 $95,600 -2.9%
    2012$809 $98,500 -7.1%
    2011-- $106,000 -4.6%
    2010$888 -3.3%$111,100 -3.6%
    2009$918 $115,300 -0.8%
    2007-- $116,200 -2%
    2006-- $118,600 +10.9%
    2005-- $106,900
    2004-- $106,900
    2003-- $106,900 +78.2%
    2002-- $60,000 +200%
    2001-- $20,000
    2000-- $20,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,603/mo
    Principal & interest
    $1365
    Property taxes
    $232
    HOA Fees
    $6

      Climate risks

      Neighborhood: Snacks-Guion Creek

      Getting around

      10 / 100
      Car-Dependent
      12 / 100
      Minimal Transit
      28 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Guion Creek Elementary School
      • Middle: Guion Creek Middle School
      • High: Pike High School

      Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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