NOT LISTED FOR SALE

4540 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $71,000 - $115,787

2 Beds
-- Bath
720 Sq Ft
$129/Sq Ft Est. Value

About This Home

This home is located at 4540 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $93,197, approximately $129 per square foot. 4540 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Brock Eddie R
Bought by
Eddie R Brock Revocable Living Trust and Brock
Current Estimated Value
$93,197

Purchase Details

Closed on
Jun 23, 2015
Sold by
Burke Fred and Burke Vicki L
Bought by
Brock Ed
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Eddie R Brock Revocable Living Trust -- None Listed On Document
Brock Ed -- First American Title Ins Co
Source: Public Records

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 $1,533 $61,600 $4,700 $56,900
2023 $1,533 $62,200 $4,700 $57,500
2022 $1,414 $57,200 $4,700 $52,500
2021 $701 $23,400 $4,700 $18,700
2020 $600 $19,700 $4,700 $15,000
2019 $598 $19,700 $4,700 $15,000
2018 $596 $22,600 $4,700 $17,900
2017 $584 $22,200 $4,700 $17,500
2016 $651 $25,100 $4,700 $20,400
2014 $510 $25,500 $4,700 $20,800
2013 $496 $25,500 $4,700 $20,800
Source: Public Records

Map

Indiana Marion County Indianapolis 46241 Stout Field

4540 Melrose Ave, Indianapolis, IN

This home is located at 4540 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $93,197, approximately $129 per square foot. 4540 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.

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