Off Market5985d on marketHistoric · 88 yrs
5218 Melrose Ave
Indianapolis, IN, 46241 • Park Fletcher • Marion County
$90,700
$127/sqft
2Beds
1Baths
712Sqft
0.11 acLot
1938Built
Property DNA
Character Home
Built 1938 · 88 years of history
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
5985 days on market
Established listing
$127/sqft
Price per square foot
About this home
Single Family · Built 1938 · Historic
Move in ready bungalow! This 2 bedroom, 1 bath home features a bonus loft space, laundry room and a fully fenced in yard with a privacy fence! This home is clean, bright and airy! If turn key is what you are seeking, you have found it! This home has been well maintained and is centrally located. Come add your personal touch to make it your own!
Estimated monthly payment
Based on current rates
$592/month
Principal & Interest$471
Property Tax$91
Insurance$30
Down payment20% ($18,140)
3%50%
Est. 6.75% rate · 30yr fixed · $72,560 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1938
HeatingForced air
CoolingCentral
Parking1 Parking space
Lot4,704 sqft
Property
Home typeSingle Family
Year built1938
Systems
HeatingForced air
CoolingCentral
RoofOther
ConstructionFrame
Parking & Outdoor
ParkingGarage - Detached
Lot4,704 sqft
Location & Tax
NeighborhoodPark Fletcher
Annual tax$1,772
Parcel491118113048000900
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Flooring
Carpet
Laminate
Heating
Forced air
Cooling
Central
Exterior Features
Exterior
Vinyl
Parking
Garage - Detached
Construction
Frame
Listing insights
Market data and value estimates
StatusOff Market
Days on market5985
Est. value$90,700
Est. rent$935/mo
Tax rate0.96%
Price/sqft$127
Last sold$16,200
Tour days6
Views1
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46241
Price history
8 events
DateEventPrice$/sqftSource
Oct 26, 2015Listing Removed$42,000$59RE/MAX Centerstone
Jun 27, 2015Price Change$42,000$59RE/MAX Centerstone
Apr 22, 2015Price Change$46,000$65RE/MAX Centerstone
Mar 10, 2015Listed For Sale$49,500$70RE/MAX Centerstone
Nov 18, 2009Sold$16,200$23Public Record
Aug 20, 2009Sold$16,200$23MIBOR as distributed by MLS GRID
Jul 15, 2005Sold$56,950$80Public Record
Oct 22, 2001Sold$53,000$74MIBOR as distributed by MLS GRID
Listing Removed$42,000
Oct 26, 2015•$59/sqft•RE/MAX Centerstone
Price Change$42,000
Jun 27, 2015•$59/sqft•RE/MAX Centerstone
Price Change$46,000
Apr 22, 2015•$65/sqft•RE/MAX Centerstone
Listed For Sale$49,500
Mar 10, 2015•$70/sqft•RE/MAX Centerstone
Sold$16,200
Nov 18, 2009•$23/sqft•Public Record
Sold$16,200
Aug 20, 2009•$23/sqft•MIBOR as distributed by MLS GRID
Sold$56,950
Jul 15, 2005•$80/sqft•Public Record
Sold$53,000
Oct 22, 2001•$74/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$1,772$74,600
Apr 9, 2023$1,624$75,400
Apr 9, 2022$1,115$69,100
Apr 9, 2021$926$41,300
Apr 9, 2020$926$34,300
Apr 9, 2019$895$34,300
Apr 9, 2018$923$38,100
Apr 9, 2017$1,649$37,900
Apr 9, 2016$1,055$43,400
Apr 9, 2014$882$44,100
Apr 9, 2013$858$44,100
Apr 9, 2012$858$42,900
Apr 9, 2011—$39,600
Apr 9, 2010$802$40,100
Apr 9, 2009$816$40,800
Apr 9, 2007—$42,500
Apr 9, 2006—$36,600
Apr 9, 2005—$41,600
Apr 9, 2004—$41,600
Apr 9, 2003—$41,600
Apr 9, 2002—$12,800
Apr 9, 2001—$4,270
Apr 9, 2000—$4,270
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
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