4625 Melrose Ave Indianapolis, IN 46241
Stout Field NeighborhoodEstimated payment $1,966/month
Total Views
406
3
Beds
2
Baths
1,500
Sq Ft
$233
Price per Sq Ft
Highlights
- 0.43 Acre Lot
- Ranch Style House
- No HOA
- Ben Davis University High School Rated A
- Wood Flooring
- 2 Car Detached Garage
About This Home
Welcome to this beautiful new construction 3 bed 2 bath home in the west side of Indianapolis. Starting on the exterior this home has brand new everything! The lot features a huge driveway and large 2 car garage with plenty of workspace & storage. A Spacious backyard with a large deck and a full privacy fence. Property comes with full extra lot with endless building possibilities!!! Heading inside you are welcomed by an open concept floorpan with vaulted ceilings and new LVP throughout home. A beautiful kitchen with a large center island, new cabinets, gold fixtures, and stainless steel appliances. A large laundry room with shelving and tile floors. Off the living room we have three bedrooms and two full bathrooms. The primary suite features a large closet space and the bathroom features a double vanity sink and tile floors. The main bathroom features large modern vanity & tile floors The two additional bedrooms feature high end carpet and spacious closets. Great location nestled in a family friendly neighborhood that's currently being developed for future upside! 10 Min away from downtown & the airport with access to all highways close by. Plenty of local shopping and dining and a short drive to everything else. NO HOA! And for the investors we have a move in ready rental and full extra lot ready to build!!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $706
Year Built
- Built in 2023
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,500 Sq Ft Home
- Combination Kitchen and Dining Room
Kitchen
- Electric Oven
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- 0.43 Acre Lot
- Central Air
Community Details
- No Home Owners Association
- Drexel Gardens Subdivision
Listing and Financial Details
- Tax Lot 1388
- Assessor Parcel Number 491118103011000900
Map
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Home Values in the Area
Average Home Value in this Area
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 | $831 | $39,200 | $11,500 | $27,700 |
| 2023 | $831 | $77,300 | $11,500 | $65,800 |
| 2022 | $715 | $72,100 | $11,500 | $60,600 |
| 2021 | $446 | $40,600 | $11,500 | $29,100 |
| 2020 | $371 | $34,100 | $11,500 | $22,600 |
| 2019 | $1,034 | $34,100 | $11,500 | $22,600 |
| 2018 | $987 | $37,300 | $11,500 | $25,800 |
| 2017 | $972 | $36,800 | $11,500 | $25,300 |
| 2016 | $1,079 | $41,500 | $11,500 | $30,000 |
| 2014 | $938 | $46,900 | $11,500 | $35,400 |
| 2013 | $1,138 | $56,900 | $11,500 | $45,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | For Sale | $349,999 | -- | $233 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | $109,900 | -- | |
| Contract Of Sale | $76,900 | Hotka James R | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $32,936 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $76,500 | New Conventional |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22055881
APN: 49-11-18-103-011.000-900
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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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