This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value!
Sold for $260,000 on 01/20/23
Street View
$260,000
4538 Melbourne Rd, Indianapolis, IN 46228
4beds
1baths
1,660sqft
SingleFamily
Built in 1968
0.34 Acres Lot
$272,200 Zestimate®
$157/sqft
$1,708 Estimated rent
Home value
$272,200
$259,000 - $286,000
$1,708/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
Heating
- Other
Cooling
- Central
Features
- Has fireplace: Yes
- Fireplace features: masonry
Interior area
- Total interior livable area: 1,660 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 0.34 Acres
Details
- Parcel number: 490617124004000600
Construction
Type & style
- Home type: SingleFamily
Materials
- brick
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1968
Community & neighborhood
Location
- Region: Indianapolis
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2023 | Sold | $260,000+38.3%$157/sqft |
Source: Public Record Report a problem | ||
| 6/10/2022 | Sold | $188,000+113.6%$113/sqft |
Source: Public Record Report a problem | ||
| 10/7/2010 | Sold | $88,000-13.7%$53/sqft |
Source: Public Record Report a problem | ||
| 5/21/2010 | Sold | $102,000-2.8%$61/sqft |
Source: Public Record Report a problem | ||
| 4/17/2010 | Price change | $104,900-5.5%$63/sqft |
Source: foreclosure.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,022 +33.6% | $253,900 +25.6% |
| 2023 | $1,514 +6.5% | $202,200 +33.6% |
| 2022 | $1,422 +4% | $151,400 +6.5% |
Find assessor info on the county website
Neighborhood: Snacks-Guion Creek
Nearby schools
GreatSchools rating
- 4/10Guion Creek Elementary SchoolGrades: K-5Distance: 0.9 mi
- 4/10Guion Creek Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Pike High SchoolGrades: 9-12Distance: 3.2 mi
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Estimated market value
$272,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$272,200