Off Market2638d on market
5230 Melrose Ave
Indianapolis, IN, 46241 • Park Fletcher • Marion County
$96,800
$137/sqft
2Beds
1Baths
706Sqft
0.11 acLot
1949Built
Property DNA
Character Home
Built 1949 · 77 years of history
Tile Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
31 views
People checking out this listing
2638 days on market
Established listing
$137/sqft
Price per square foot
About this home
Single Family · Built 1949
Own a New Investment Property that Already Has a Tenant In Place. The Home has Newer Carpet and Vinyl. Bathroom has also been updated with a Walk In Shower and Pedestal Sink. Very Nice 3 Season Room. Bedroom #2 is small but DEFINITELY can fit a Day Bed. It also has 2 Closets and a Window. 1 Car Detached Garage has a lean to for additional parking. Garage also has a Separate Room for Workshop or Extra Storage. Great for Investment Purposes or First Time Home Buyers. Seller also Owns 5228 Melrose and it's also For Sale.
Estimated monthly payment
Based on current rates
$631/month
Principal & Interest$502
Property Tax$97
Insurance$32
Down payment20% ($19,360)
3%50%
Est. 6.75% rate · 30yr fixed · $77,440 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1949
HeatingOther
CoolingCentral
ParkingCarport, Garage - Detached, Off-street
Lot4,791 sqft
Property
Home typeSingle Family
Year built1949
Systems
HeatingOther
CoolingCentral
RoofShake / Shingle
ConstructionFrame
Parking & Outdoor
ParkingCarport, Garage - Detached, Off-street
BasementNone
Lot4,791 sqft
Location & Tax
NeighborhoodPark Fletcher
Annual tax$680
Parcel491118113027000900
Bathrooms & Fees
Full baths1
Features & details
7 categories of property features
Interior Features
Appliances
Microwave
Flooring
Tile
Carpet
Laminate
Heating
Other
Cooling
Central
Exterior Features
Exterior
Shingle
Vinyl
Cement / Concrete
Parking
Carport
Garage - Detached
Off-street
Construction
Frame
Room details
6 rooms detailed
Breakfast Nook
Family Room
Laundry Room
Master Bath
Pantry
Workshop
Listing insights
Market data and value estimates
StatusOff Market
Days on market2638
Est. value$96,800
Est. rent$959/mo
Tax rate0.96%
Price/sqft$137
Last sold$40,900
Tour days6
Views31
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46241
Price history
9 events
DateEventPrice$/sqftSource
Jan 18, 2019Sold$40,900$58MIBOR as distributed by MLS GRID
Nov 21, 2018Pending Sale$40,900$58RE/MAX CENTERSTONE
Aug 15, 2018Price Change$40,900$58RE/MAX CENTERSTONE
Jun 26, 2018Price Change$42,000$59RE/MAX CENTERSTONE
Jun 2, 2018Price Change$43,000$61RE/MAX CENTERSTONE
May 10, 2018Pending Sale$44,900$64RE/MAX CENTERSTONE
Apr 30, 2018Price Change$44,900$64RE/MAX CENTERSTONE
Mar 20, 2018Price Change$45,000$64RE/MAX CENTERSTONE
Mar 18, 2018Listed For Sale$47,000$67RE/MAX CENTERSTONE
Sold$40,900
Jan 18, 2019•$58/sqft•MIBOR as distributed by MLS GRID
Pending Sale$40,900
Nov 21, 2018•$58/sqft•RE/MAX CENTERSTONE
Price Change$40,900
Aug 15, 2018•$58/sqft•RE/MAX CENTERSTONE
Price Change$42,000
Jun 26, 2018•$59/sqft•RE/MAX CENTERSTONE
Price Change$43,000
Jun 2, 2018•$61/sqft•RE/MAX CENTERSTONE
Pending Sale$44,900
May 10, 2018•$64/sqft•RE/MAX CENTERSTONE
Price Change$44,900
Apr 30, 2018•$64/sqft•RE/MAX CENTERSTONE
Price Change$45,000
Mar 20, 2018•$64/sqft•RE/MAX CENTERSTONE
Listed For Sale$47,000
Mar 18, 2018•$67/sqft•RE/MAX CENTERSTONE
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2024$680$73,600
Apr 10, 2023$669$74,400
Apr 10, 2022$471$68,400
Apr 10, 2021$384$41,400
Apr 10, 2020$401$33,800
Apr 10, 2019$923$35,200
Apr 10, 2018$950$39,200
Apr 10, 2017$1,171$39,000
Apr 10, 2016$1,102$45,300
Apr 10, 2014$916$45,700
Apr 10, 2013$59$45,700
Apr 10, 2012—$44,500
Apr 10, 2011—$41,300
Apr 10, 2010—$41,800
Apr 10, 2009—$42,500
Apr 10, 2007—$44,500
Apr 10, 2006—$38,100
Apr 10, 2005—$43,400
Apr 10, 2004—$43,400
Apr 10, 2003—$43,400
Apr 10, 2002—$16,700
Apr 10, 2001—$5,570
Apr 10, 2000—$5,570
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
Similar homes
No obligation · Same-day response