NOT LISTED FOR SALE

4906 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $91,000 - $115,406

2 Beds
1 Bath
784 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $45,500 $58 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $682/month

23 Days on Market

Highlights

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

About This Home

As of February 2019

Cute as a button westside home on a nice street with mature trees and oversized garage! Home has 2 bedrooms and 1 full bath and all appliances are included in the sale. Solid, clean and a great location. Don't miss out!

Last Agent to Sell the Property

Jessica Bischoff

JRB Group License #RB15000237 Listed on: 01/03/2019

Last Buyer's Agent

Andrew Dallas

Blue Properties Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1940

Lot Details

  • 4,704 Sq Ft Lot
  • Mature Trees

Home Design

  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient HVAC

Utilities

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

Community Details

  • Drexel Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491118113127000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

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: 2017
  • Year Built: 1940
  • Garage Y N: Yes
  • Green Energy Efficient: HVAC
  • Lot Size Acres: 0.108
  • Subdivision Name: DREXEL GARDENS
  • Inspection Warranties: Not Applicable
  • Property Description: Cute as a button westside home on a nice street with mature trees and oversized garage! Home has 2 bedrooms and 1 full bath and all appliances are included in the sale. Solid, clean and a great location. Don't miss out!
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 784
  • Other Equipment: Smoke Detector
  • Room Count: 2
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 784
  • Main Level Sq Ft: 784
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 784
  • Below Grade Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Crawl Space
  • List Price: 55000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Num Parking Spaces: 2

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491118113127000900
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 447
  • Lot Size: 4,704

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 788
  • Semi Annual Property Tax Amt: 394
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 11, 2019
Sold by
Kymara Llc
Bought by
Vb One Llc
Seller's Agent
Jessica Bischoff
JRB Group
Buyer's Agent
Andrew Dallas
Blue Properties Brokerage
List Price
$55,000
Sold Price
$45,500
Premium/Discount to List
-$9,500
-17.27%
Current Estimated Value
$99,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,102
Avg. Annual Appreciation
12.69%

Purchase Details

Closed on
May 31, 2013
Sold by
Indianapolis City and Marion County Board Of Commissioners
Bought by
Cossner Creek Properties Llc
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
Vb One Llc $45,500 None Available
Cossner Creek Properties Llc -- --
Marion County -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $45,500 -17.3% $58 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $55,000 -- $70 / 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 $1,711 $67,700 $4,400 $63,300
2023 $1,711 $68,300 $4,400 $63,900
2022 $1,577 $62,700 $4,400 $58,300
2021 $1,103 $37,100 $4,400 $32,700
2020 $923 $30,500 $4,400 $26,100
2019 $920 $30,500 $4,400 $26,100
2018 $889 $33,800 $4,400 $29,400
2017 $879 $33,500 $4,400 $29,100
2016 $990 $38,300 $4,400 $33,900
2014 $778 $38,900 $4,400 $34,500
2013 $760 $38,900 $4,400 $34,500
Source: Public Records

Agents Affiliated with this Home

  • Jessica Bischoff

    Seller's Agent in 2019

    Jessica Bischoff

    JRB Group

    (317) 698-5248

    4 in this area

    121 Total Sales

    Jessica Bischoff
    Section Image

  • A

    Buyer's Agent in 2019

    Andrew Dallas

    Blue Properties Brokerage

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21612903

MIBOR Broker Listing Cooperative®

APN: 49-11-18-113-127.000-900

Indiana Marion County Indianapolis 46241 Stout Field

4906 Melrose Ave, Indianapolis, IN

This home is located at 4906 Melrose Ave, Indianapolis, IN 46241 since 03 January 2019 and is currently estimated at $99,602, approximately $127 per square foot. This property was built in 1940. 4906 Melrose Ave is a home located in Marion County with nearby schools including Maplewood 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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