NOT LISTED FOR SALE

5048 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $122,000 - $179,440

4 Beds
-- Bath
1,224 Sq Ft
$125/Sq Ft Est. Value

About This Home

This home is located at 5048 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $153,610, approximately $125 per square foot. 5048 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
Nov 13, 2008
Sold by
Gore Imogene
Bought by
Schutte James L and Schutte Deborah E
Current Estimated Value
$153,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.04%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Schutte James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutte James L $80,000
Closed Schutte James L $30,000
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 $1,726 $138,800 $9,100 $129,700
2023 $1,726 $140,300 $9,100 $131,200
2022 $1,593 $128,700 $9,100 $119,600
2021 $1,107 $84,500 $9,100 $75,400
2020 $785 $69,400 $9,100 $60,300
2019 $783 $69,400 $9,100 $60,300
2018 $751 $72,400 $4,600 $67,800
2017 $762 $73,200 $4,600 $68,600
2016 $1,026 $84,500 $4,600 $79,900
2014 $832 $85,600 $4,600 $81,000
2013 $799 $85,600 $4,600 $81,000
Source: Public Records

Map

Indiana Marion County Indianapolis 46241 Stout Field

5048 Melrose Ave, Indianapolis, IN

This home is located at 5048 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $153,610, approximately $125 per square foot. 5048 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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