NOT LISTED FOR SALE

5039 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $96,000 - $133,000

2 Beds
1 Bath
780 Sq Ft
$150/Sq Ft Est. Value

Highlights

  • L-Shaped Dining Room
  • Woodwork
  • Forced Air Heating System
  • Ben Davis University High School Rated A
  • 1-Story Property

About This Home

As of February 2017

This home is located at 5039 Melrose Ave, Indianapolis, IN 46241 since 01 February 2017 and is currently priced at $117,177. This property was built in 1953. 5039 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.

Last Agent to Rent the Property

John Stainbrook

Alpine Leasing License #RB16000995 Listed on: 02/01/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1953

Lot Details

  • 4,792

Home Design

  • Shingle Siding

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • L-Shaped Dining Room
  • Crawl Space
  • Convection Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 4,792 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Drexel Gardens Subdivision

Listing and Financial Details

  • Security Deposit $350
  • Tenant pays for electricity, gas, water
  • The owner pays for notapplic
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 491118113156000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Water
  • Lease Price: 695.00
  • Min Lease Req: 12
  • Security Deposit: 350

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential Lease
  • New Construction: No
  • Year Built: 1953
  • Garage Y N: No
  • Lot Size Acres: 0.11
  • Subdivision Name: DREXEL GARDENS
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Convection Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Work Stained
  • Living Area: 780
  • Other Equipment: Not Applicable
  • Owner Pays: NotApplic
  • Room Count: 2
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 780
  • Main Level Sq Ft: 780
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 780
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Shingle/Shake
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 695
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: Other

Utilities

  • Sewer: Sewer Connected
  • Cooling: Other
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491118113156000900
  • Acres: <1/4 Acre
  • Lot Number: 9001319
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Kay W Norris Ira 1000775 and Ira Club
Bought by
Ira Club Fbo Meridian Bank Fbo Kathleen Norri
Current Estimated Value
$117,177

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jan 10, 2017
Seller's Agent
John Stainbrook
Alpine Leasing
Sold Price
$695

Purchase Details

Closed on
Sep 8, 2016
Sold by
Small Timothy A and Small Deanna K
Bought by
Welnad Llc

Purchase Details

Closed on
Feb 22, 2007
Sold by
Fannie Mae
Bought by
Small Timothy A and Small Deanna K

Purchase Details

Closed on
Oct 21, 2006
Sold by
Aurora Loan Service
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 2006
Sold by
Pruitt James L and Pruitt Jennifer
Bought by
Aurora Loan Service
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
Ira Club Fbo Meridian Bank Fbo Kathleen Norri -- None Listed On Document
-- $56,400 --
Ira Club Fbo Kay W Norris Ira $56,400 Paramount Title Agency
Welnad Llc -- None Available
Small Timothy A -- None Available
Small Timothy A -- None Available
Fannie Mae -- Chiacgo Title-Greenwood
Aurora Loan Service -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2017 02/09/17 Rented $695 0.0% --
02/02/2017 02/02/17 Off Market $695 -- --
02/01/2017 02/01/17 For Rent $695 -- --
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 $1,834 $69,300 $4,600 $64,700
2023 $1,834 $73,900 $4,600 $69,300
2022 $1,692 $67,900 $4,600 $63,300
2021 $1,404 $48,500 $4,600 $43,900
2020 $1,170 $39,900 $4,600 $35,300
2019 $1,168 $39,900 $4,600 $35,300
2018 $1,128 $44,200 $4,600 $39,600
2017 $652 $24,300 $4,600 $19,700
2016 $729 $27,600 $4,600 $23,000
2014 $623 $30,900 $4,600 $26,300
2013 $623 $30,900 $4,600 $26,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2017

    John Stainbrook

    Alpine Leasing

    (317) 500-2248

    1 Total Sale

    John Stainbrook
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21462971

MIBOR Broker Listing Cooperative®

APN: 49-11-18-113-156.000-900

Indiana Marion County Indianapolis 46241 Stout Field

5039 Melrose Ave, Indianapolis, IN

This home is located at 5039 Melrose Ave, Indianapolis, IN 46241 since 01 February 2017 and is currently priced at $117,177. This property was built in 1953. 5039 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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