NOT LISTED FOR SALE

4926 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $162,000 - $262,569

4 Beds
2.5 Baths
1,920 Sq Ft
$113/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $235,000 $122 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,367/month

12 Days on Market

Highlights

  • 0.33 Acre Lot
  • Mature Trees
  • No HOA
  • Ben Davis University High School Rated A
  • Traditional Architecture
  • Shed

About This Home

As of November 2023

Visit this impeccable, recently built 4 bedroom, 2.5 bath home in the heart of Wayne Township! Enjoy a modern open layout, perfect for entertaining. Kitchen features elegant cabinets with crown molding, a center island illuminated by recessed lighting, and comes fully equipped with refrigerator, dishwasher, oven, and garbage disposal. LVP flooring. Enjoy the convenience of a Nest thermostat, ensuring your home is always at the perfect temperature. The home sits on three spacious plots of land, offering ample outdoor space and privacy. Inside, discover the luxury of a Jack-and-Jill bath, adding functionality to your daily routine. The fenced backyard is a private oasis with a shed for extra storage. Easy access to I-465, I-655 and I-70.

Last Agent to Sell the Property

Evona Watson

Triple E Realty, LLC Brokerage Email: evona@tripleerealty.com License #RB14038857 Listed on: 10/14/2023

Last Buyer's Agent

Abril Villegas

F.C. Tucker Company License #RB23000285

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 2018

Lot Details

  • 0.33 Acre Lot
  • Mature Trees
  • Additional Parcels

Home Design

  • Traditional Architecture
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Smart Thermostat
  • Laundry on main level

Kitchen

  • Electric Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Shed
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Drexel Gardens Subdivision

Listing and Financial Details

  • Tax Lot 491118113262000900
  • Assessor Parcel Number 491118113262000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,594

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2018
  • Building Area Total: 1920
  • Garage Y N: No
  • Lot Size Acres: 0.33
  • Subdivision Name: Drexel Gardens
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: evona@tripleerealty.com
  • Attribution Contact: evona@tripleerealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Center Island, Windows Vinyl
  • Living Area: 1920
  • Main Level Bedrooms: 4
  • Areas Interior: Bath Jack-n-Jill,Bedroom Other on Main,Utility Room
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1920
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Storage Shed
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 235000

Garage/Parking

  • Garage Parking Other: Guest Street Parking
  • Garage Sq Ft: 0

Utilities

  • Utilities: Electricity Connected, Gas, Water Connected
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels Description: 2 additional parcels
  • Additional Parcels: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 14244
  • Parcel Number: 491118113262000900
  • Acres: 1/4-1/2 Acre
  • Price Acre: 712121

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Annual Amount: 1594
  • Tax Lot: 491118113262000900
  • Semi Annual Property Tax Amt: 797
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Gonzalez Vanessa and Velasquez Maribel
Bought by
Gonzalez Vanessa and Velasquez Maribel
Current Estimated Value
$217,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,176
Outstanding Balance
$236,417
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
-$24,504

Purchase Details

Listed on
Oct 14, 2023
Closed on
Jan 5, 2024
Sold by
Gonzalez Vanessa and Velasquez Maribel
Bought by
Gonzalez Vanessa and Velasquez Maribel
Seller's Agent
Evona Watson
Triple E Realty, LLC
Buyer's Agent
Abril Villegas
F.C. Tucker Company
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.71%

Purchase Details

Closed on
Mar 15, 2019
Sold by
Herron John N and Herron Laura Michele
Bought by
Goson Kayla and Gason Hussien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Gonzalez Vanessa -- Mvp National Title
Gonzalez Vanessa -- Mvp National Title
Gonzalez Vanessa -- None Listed On Document
Goson Kayla $130,000 Abstract And Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Vanessa $238,176
Previous Owner Goson Kayla $120,600
Previous Owner Goson Kayla $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $235,000 0.0% $122 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/27/2023 10/27/23 Price Changed $235,000 -4.1% $122 / Sq Ft
10/14/2023 10/14/23 For Sale $245,000 -- $128 / 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 $2,232 $199,400 $10,700 $188,700
2023 $2,232 $182,300 $10,700 $171,600
2022 $2,085 $167,200 $10,700 $156,500
2021 $1,713 $124,900 $10,700 $114,200
2020 $1,390 $102,900 $10,700 $92,200
2019 $1,401 $103,900 $10,700 $93,200
2018 $1,405 $48,000 $8,900 $39,100
2017 $1,130 $43,300 $4,600 $38,700
2016 $1,278 $49,700 $4,600 $45,100
2014 $1,025 $50,900 $4,600 $46,300
2013 $1,025 $50,900 $4,600 $46,300
Source: Public Records

Agents Affiliated with this Home

  • Evona Watson

    Seller's Agent in 2023

    Evona Watson

    Triple E Realty, LLC

    (317) 281-9280

    2 in this area

    131 Total Sales

    Evona Watson
    Section Image

  • A

    Buyer's Agent in 2023

    Abril Villegas

    F.C. Tucker Company

    (317) 653-0886

    1 in this area

    13 Total Sales

    Abril Villegas
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21948179

MIBOR Broker Listing Cooperative®

APN: 49-11-18-113-262.000-900

Indiana Marion County Indianapolis 46241 Stout Field

4926 Melrose Ave, Indianapolis, IN

This home is located at 4926 Melrose Ave, Indianapolis, IN 46241 since 14 October 2023 and is currently estimated at $217,142, approximately $113 per square foot. This property was built in 2018. 4926 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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