NOT LISTED FOR SALE

5001 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $175,000 - $293,000

3 Beds
1 Bath
2,952 Sq Ft
$77/Sq Ft Est. Value

About This Home

This home is located at 5001 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $228,012, approximately $77 per square foot. 5001 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2009
Sold by
U S Bank National Association
Bought by
Doughty Jennifer L and Doughty Jerrold E
Current Estimated Value
$228,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,094
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2008
Sold by
Doughty Donald F
Bought by
U S Bank National Association
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

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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
Doughty Jennifer L -- Federated Land Title Agency
U S Bank National Association $80,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doughty Jennifer L $49,094
Previous Owner Doughty Donald F $81,600
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 $4,127 $168,600 $9,100 $159,500
2023 $4,127 $170,300 $9,100 $161,200
2022 $3,790 $156,100 $9,100 $147,000
2021 $3,169 $112,400 $9,100 $103,300
2020 $2,753 $97,100 $9,100 $88,000
2019 $2,750 $97,100 $9,100 $88,000
2018 $2,601 $103,300 $4,600 $98,700
2017 $2,592 $103,000 $4,600 $98,400
2016 $2,982 $119,200 $4,600 $114,600
2014 $2,663 $129,400 $4,600 $124,800
2013 $2,577 $129,400 $4,600 $124,800
Source: Public Records

Map

Indiana Marion County Indianapolis 46241 Stout Field

5001 Melrose Ave, Indianapolis, IN

This home is located at 5001 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $228,012, approximately $77 per square foot. 5001 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.

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