NOT LISTED FOR SALE

4602 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $87,000 - $148,275

2 Beds
1 Bath
816 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 4602 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $131,819, approximately $161 per square foot. 4602 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
Jun 30, 2005
Sold by
Strauch Debbie K and Groce Janice L
Bought by
Patton Thomas C
Current Estimated Value
$131,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
8.14%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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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
Patton Thomas C -- None Available
Patton Thomas C -- Burnet Title Of Indiana Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Thomas C $9,615
Closed Patton Thomas C $7,728
Open Patton Thomas C $69,730
Previous Owner Patton Thomas C $62,800
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 $1,078 $89,000 $9,300 $79,700
2023 $1,078 $90,500 $9,300 $81,200
2022 $929 $83,300 $9,300 $74,000
2021 $629 $58,400 $9,300 $49,100
2020 $516 $48,400 $9,300 $39,100
2019 $514 $48,400 $9,300 $39,100
2018 $533 $54,100 $9,300 $44,800
2017 $532 $53,800 $9,300 $44,500
2016 $1,513 $61,000 $9,300 $51,700
2014 $1,248 $62,400 $9,300 $53,100
2013 $470 $62,400 $9,300 $53,100
Source: Public Records

Map

Indiana Marion County Indianapolis 46241 Stout Field

4602 Melrose Ave, Indianapolis, IN

This home is located at 4602 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $131,819, approximately $161 per square foot. 4602 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.

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