NOT LISTED FOR SALE

4519 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $116,000 - $165,000

2 Beds
1 Bath
1,482 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $24,500 $17 Per Sq Ft

Est. 474% increase in value since last sale

Current estimated payment $871/month

8 Days on Market

Highlights

  • 0.33 Acre Lot
  • Mature Trees
  • Bungalow
  • Ben Davis University High School Rated A
  • Enclosed Glass Porch
  • 1-Story Property

About This Home

As of September 2014

OPPORTUNITY TIME ON THIS 2 BEDROOM 1 BATH BUNGALOW WITH A BASEMENT ON 3 LOTS. FIREPLACE. HARDWOOD FLOORS. ENCLOSED FRONT PORCH AND BACK PORCH. LARGE 2 CAR DETACHED GARAGE. *PROPERTY WAS BUILT PRIOR TO 1978 AND LEAD BASED PAINT MAY POTENTIALLY EXIST* The property is uninhabitable AND/OR severely damaged with deteriorated paint surfaces that will not be treated by VA and which will need to be opened or removed"

Last Agent to Sell the Property

Monica Klein

Dollens Real Estate, Inc License #RB14037091 Listed on: 08/04/2014

Co-Listed By

Jeff Dollens

Jeff Dollens LLC License #RB14037090

Last Buyer's Agent

Monica Klein

Dollens Real Estate, Inc License #RB14037091 Listed on: 08/04/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 0.33 Acre Lot
  • Mature Trees

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Laundry in Basement
  • Basement Lookout

Parking

  • Garage
  • Driveway

Outdoor Features

  • Enclosed Glass Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Drexel Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491118103010000900

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1935
  • Garage Y N: Yes
  • Lot Size Acres: 0.33
  • Subdivision Name: DREXEL GARDENS
  • Inspection Warranties: Not Applicable
  • Property Description: OPPORTUNITY TIME ON THIS 2 BEDROOM 1 BATH BUNGALOW WITH A BASEMENT ON 3 LOTS. FIREPLACE. HARDWOOD FLOORS. ENCLOSED FRONT PORCH AND BACK PORCH. LARGE 2 CAR DETACHED GARAGE. *PROPERTY WAS BUILT PRIOR TO 1978 AND LEAD BASED PAINT MAY POTENTIALLY EXIST* The property is uninhabitable AND/OR severely damaged with deteriorated paint surfaces that will not be treated by VA and which will need to be opened or removed"
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Unfinished
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1482
  • Other Equipment: Smoke Detector
  • Room Count: 4
  • Areas Interior: Laundry in Basement
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 988
  • Main Level Sq Ft: 988
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1482
  • Below Grade Sq Ft: 494
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: VA-Owned
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 24500
  • Association Maintained Building Exterior: 0
  • Porch: Glass Enclosed Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491118103010000900
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 1340
  • Lot Size: 123X118

Tax Info

  • Tax Annual Amount: 1406
  • Semi Annual Property Tax Amt: 703
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Hughes Dionte J
Bought by
Vazquez Rosalva Albina Diaz
Current Estimated Value
$140,526

Purchase Details

Listed on
Aug 4, 2014
Closed on
Aug 26, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Hughes Dionte J
Seller's Agent
Monica Klein
Dollens Real Estate, Inc
Buyer's Agent
Monica Klein
Dollens Real Estate, Inc
List Price
$24,500
Sold Price
$24,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Listed on
Aug 4, 2014
Closed on
Jul 24, 2014
Sold by
U S Bank National Association
Bought by
The Sec Of Va Cleveland Regional Loan Ct
Seller's Agent
Monica Klein
Dollens Real Estate, Inc
Buyer's Agent
Monica Klein
Dollens Real Estate, Inc
List Price
$24,500
Sold Price
$24,500

Purchase Details

Listed on
Aug 4, 2014
Closed on
Jul 7, 2014
Sold by
Layton John R
Bought by
Us Bank National Business
Seller's Agent
Monica Klein
Dollens Real Estate, Inc
Buyer's Agent
Monica Klein
Dollens Real Estate, Inc
List Price
$24,500
Sold Price
$24,500
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vazquez Rosalva Albina Diaz -- None Available
Hughes Dionte J $24,500 None Available
The Sec Of Va Cleveland Regional Loan Ct $27,216 Foutty & Foutty Llp
The Secretary Of Veterans Affairs -- None Available
Us Bank National Business $27,216 Foutty & Foutty Llp
U S Bank National Association $27,216 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner English Jason W $6,047
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2014 09/03/14 Sold $24,500 0.0% $17 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $24,500 -- $17 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,261 $99,600 $4,600 $95,000
2023 $1,261 $100,700 $4,600 $96,100
2022 $1,169 $92,200 $4,600 $87,600
2021 $600 $41,200 $4,600 $36,600
2020 $515 $33,800 $4,600 $29,200
2019 $512 $33,800 $4,600 $29,200
2018 $1,007 $37,500 $4,600 $32,900
2017 $989 $36,900 $4,600 $32,300
2016 $1,110 $42,200 $4,600 $37,600
2014 $858 $42,900 $4,600 $38,300
2013 $289 $42,900 $4,600 $38,300
Source: Public Records

Agents Affiliated with this Home

  • Monica Klein

    Seller's Agent in 2014

    Monica Klein

    Dollens Real Estate, Inc

    (317) 850-7943

    72 Total Sales

    Monica Klein
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jeff Dollens

    Jeff Dollens LLC

    (317) 885-5330

    19 Total Sales

    Jeff Dollens
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21307701

MIBOR Broker Listing Cooperative®

APN: 49-11-18-103-010.000-900

Indiana Marion County Indianapolis 46241 Stout Field

4519 Melrose Ave, Indianapolis, IN

This home is located at 4519 Melrose Ave, Indianapolis, IN 46241 since 04 August 2014 and is currently estimated at $140,526, approximately $94 per square foot. This property was built in 1935. 4519 Melrose Ave is a home located in Marion County with nearby schools including Stout Field Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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