NOT LISTED FOR SALE

4528 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $88,000 - $153,000

2 Beds
1 Bath
864 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $10,000 $12 Per Sq Ft

Est. 1,191% increase in value since last sale

Current estimated payment $876/month

99 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Garage
  • Ben Davis University High School Rated A
  • Forced Air Heating System

About This Home

As of March 2017

Great investment opportunity! This 2 bedroom, 1 bath has a oversized 1 car detached garage and large yard. Conveniently located near downtown and I-70. See it today!

Last Agent to Sell the Property

Scott Wynkoop

Wynkoop Brokerage Firm, LLC License #RB14037140 Listed on: 11/14/2016

Last Buyer's Agent

Christopher Wynkoop

Wynkoop Brokerage Firm, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,793 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Window Screens

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Drexel Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491118103095000900

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1940
  • Co List Office Phone: 317-472-4570
  • Garage Y N: Yes
  • Lot Size Acres: 0.133
  • Subdivision Name: DREXEL GARDENS
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment opportunity! This 2 bedroom, 1 bath has a oversized 1 car detached garage and large yard. Conveniently located near downtown and I-70. See it today!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Screens Some
  • Living Area: 864
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 864
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 864
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: BankOwned
  • Foundation Details: Slab
  • List Price: 13900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491118103095000900
  • Acres: <1/4 Acre
  • Lot Number: 1371
  • Lot Size: 5,793

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 262
  • Semi Annual Property Tax Amt: 131
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Mar 3, 2017
Sold by
Rose Land And Finance Corp A Michigan Co
Bought by
Perez Salvador Perez
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Christopher Wynkoop
Wynkoop Brokerage Firm, LLC
List Price
$19,900
Sold Price
$10,000
Premium/Discount to List
-$9,900
-49.75%
Current Estimated Value
$129,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,137
Avg. Annual Appreciation
34.56%

Purchase Details

Listed on
Nov 14, 2016
Closed on
Mar 1, 2017
Sold by
First National Bank Of America A Nationa
Bought by
Rose Land & Finance Corp A Michigan Corp
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Christopher Wynkoop
Wynkoop Brokerage Firm, LLC
List Price
$19,900
Sold Price
$10,000
Premium/Discount to List
-$9,900
-49.75%

Purchase Details

Closed on
Oct 21, 2011
Sold by
First National Bank Of America
Bought by
Holland Mark

Purchase Details

Closed on
Oct 1, 2011
Sold by
Rose Land & Finance Corp
Bought by
First National Bank Of America

Purchase Details

Closed on
Jan 31, 2008
Sold by
Rose Land & Finance Corp
Bought by
Jackson Patricia L

Purchase Details

Closed on
Jan 1, 2008
Sold by
First National Bank Of America
Bought by
Rose Land & Finance Corp
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
Perez Salvador Perez $10,000 Hocker And Associates
Rose Land & Finance Corp A Michigan Corp $10,000 --
Holland Mark -- None Available
First National Bank Of America -- None Available
Jackson Patricia L -- None Available
Rose Land & Finance Corp -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $10,000 0.0% $12 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
02/21/2017 02/21/17 Off Market $10,000 -- --
02/07/2017 02/07/17 Price Changed $13,900 -6.7% $16 / Sq Ft
01/11/2017 01/11/17 Price Changed $14,900 -14.9% $17 / Sq Ft
12/07/2016 12/07/16 Price Changed $17,500 -12.1% $20 / Sq Ft
11/28/2016 11/28/16 For Sale $19,900 +99.0% $23 / Sq Ft
11/18/2016 11/18/16 Off Market $10,000 -- --
11/14/2016 11/14/16 For Sale $19,900 -- $23 / 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 $2,076 $82,900 $4,900 $78,000
2023 $2,076 $83,800 $4,900 $78,900
2022 $884 $76,900 $4,900 $72,000
2021 $472 $31,300 $4,900 $26,400
2020 $415 $26,600 $4,900 $21,700
2019 $413 $26,600 $4,900 $21,700
2018 $414 $29,400 $4,900 $24,500
2017 $1,060 $29,200 $4,900 $24,300
2016 $3,053 $33,200 $4,900 $28,300
2014 $219 $33,500 $4,900 $28,600
2013 $254 $33,500 $4,900 $28,600
Source: Public Records

Agents Affiliated with this Home

  • Scott Wynkoop

    Seller's Agent in 2017

    Scott Wynkoop

    Wynkoop Brokerage Firm, LLC

    (317) 590-5032

    3 in this area

    269 Total Sales

    Scott Wynkoop
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Christopher Wynkoop

    Wynkoop Brokerage Firm, LLC

    (317) 507-4121

    2 in this area

    196 Total Sales

    Christopher Wynkoop
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21452456

MIBOR Broker Listing Cooperative®

APN: 49-11-18-103-095.000-900

Indiana Marion County Indianapolis 46241 Stout Field

4528 Melrose Ave, Indianapolis, IN

This home is located at 4528 Melrose Ave, Indianapolis, IN 46241 since 14 November 2016 and is currently estimated at $129,137, approximately $149 per square foot. This property was built in 1940. 4528 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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