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  • Price cut: $10K (4/7)
    $279,900

    4416 Melbourne Rd, Indianapolis, IN 46228

    3beds
    1,547sqft
    : 
    Residential, Single Family Residence
    Built in 1960
    0.32 Acres Lot
    $-- Zestimate®
    $181/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.
    98 days
    |
    692
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Wendy Vivirito 317-603-5548,

    Keller Williams Indpls Metro N

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

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      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: $181/sqft
      • Tax assessed value: $252,300
      • Annual tax amount: $2,830
      • Date on market: 1/9/2026
      • Cumulative days on market: 222 days
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/7/2026Price change$279,900-3.4%$181/sqft
        Source: MIBOR as distributed by MLS GRID #22079018 Report a problem
        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

        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

        Monthly payment

        Est. payment
        $1,593/mo
        Principal & interest
        $1363
        Property taxes
        $224
        HOA Fees
        $6
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          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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