NOT LISTED FOR SALE

4913 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $94,000 - $139,621

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

Last Sold May 16, 2019

Last sale price $60,000 $83 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $736/month

12 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • Eat-In Kitchen
  • Ben Davis University High School Rated A
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of May 2019

Newly remodeled just for you! New floors, fresh paint, new appliances, kitchen cabinets and counter tops too! Hassle free... Just pack your bags and move right in. Come check out this fresh air of a home--- located in a quiet little neighborhood tucked away by itself on the west side. And convenient to 465 and downtown too. Worth a look!!!

Last Agent to Sell the Property

Bob Morris

Top Choice Real Estate, LLC License #RB14030047 Listed on: 04/16/2019

Last Buyer's Agent

Christopher Cupp

Acup Team, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Drexel Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491118113115000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: DREXEL GARDENS
  • Inspection Warranties: Not Applicable
  • Property Description: Newly remodeled just for you! New floors, fresh paint, new appliances, kitchen cabinets and counter tops too! Hassle free... Just pack your bags and move right in. Come check out this fresh air of a home--- located in a quiet little neighborhood tucked away by itself on the west side. And convenient to 465 and downtown too. Worth a look!!!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Vaulted,Windows Vinyl
  • Living Area: 720
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 720
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 720
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel,Fence Full Rear
  • Foundation Details: Crawl Space
  • List Price: 60000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Porch Open

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 308

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491118113115000900
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 501
  • Lot Size: 40X118

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1248
  • Semi Annual Property Tax Amt: 624
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 14, 2019
Sold by
Mitchell Sarah J
Bought by
Showers Ocean Linn
Seller's Agent
Bob Morris
Top Choice Real Estate, LLC
Buyer's Agent
Christopher Cupp
Acup Team, LLC
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$116,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,655
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Helms George F
Bought by
Mitchell Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2011
Closed on
Dec 28, 2011
Sold by
Us Bank National Association
Bought by
Helms George F
Seller's Agent
Dennis Nottingham
RE/MAX Advanced Realty
Buyer's Agent
Karen Krach
A. M. Sandler & Associates
List Price
$17,000
Sold Price
$17,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%

Purchase Details

Closed on
Aug 19, 2011
Sold by
Pursell Michelle
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 29, 2006
Sold by
Fannie Mae
Bought by
Beckett Thomas S

Purchase Details

Closed on
Nov 28, 2005
Sold by
Loy Kevin L
Bought by
Trustcorp Mortgage Company

Purchase Details

Closed on
Nov 16, 2005
Sold by
Trustcorp Mortgage Co
Bought by
Federal National Mortgage Association
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
Showers Ocean Linn $60,000 Ata National Title Group Of In
Mitchell Sarah J -- None Available
Helms George F $17,000 None Available
Us Bank National Association $21,000 None Available
Beckett Thomas S -- None Available
Trustcorp Mortgage Company $50,804 None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Sarah J $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $60,000 0.0% $83 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $60,000 +252.9% $83 / Sq Ft
01/18/2012 01/18/12 Sold $17,000 0.0% $24 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
12/01/2011 12/01/11 For Sale $17,000 -- $24 / 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 $1,262 $101,800 $4,400 $97,400
2023 $1,262 $105,400 $4,400 $101,000
2022 $1,168 $96,500 $4,400 $92,100
2021 $879 $70,600 $4,400 $66,200
2020 $732 $57,500 $4,400 $53,100
2019 $556 $42,000 $4,400 $37,600
2018 $1,179 $46,800 $4,400 $42,400
2017 $1,170 $46,500 $4,400 $42,100
2016 $1,330 $53,400 $4,400 $49,000
2014 $1,086 $54,300 $4,400 $49,900
2013 $1,086 $54,300 $4,400 $49,900
Source: Public Records

Agents Affiliated with this Home

  • Bob Morris

    Seller's Agent in 2019

    Bob Morris

    Top Choice Real Estate, LLC

    (317) 625-0655

    81 Total Sales

    Bob Morris
    Section Image

  • C

    Buyer's Agent in 2019

    Christopher Cupp

    Acup Team, LLC

    Section Image
  • Dennis Nottingham

    Seller's Agent in 2012

    Dennis Nottingham

    RE/MAX Advanced Realty

    (317) 298-0961

    3 in this area

    150 Total Sales

    Dennis Nottingham
    Section Image

  • C

    Seller Co-Listing Agent in 2012

    Christopher Williams

    RE/MAX Advanced Realty

  • K

    Buyer's Agent in 2012

    Karen Krach

    A. M. Sandler & Associates

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21633409

MIBOR Broker Listing Cooperative®

APN: 49-11-18-113-115.000-900

Indiana Marion County Indianapolis 46241 Stout Field

4913 Melrose Ave, Indianapolis, IN

This home is located at 4913 Melrose Ave, Indianapolis, IN 46241 since 16 April 2019 and is currently estimated at $116,655, approximately $162 per square foot. This property was built in 1950. 4913 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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