NOT LISTED FOR SALE

5050 Melrose Ave Indianapolis, IN 46241

Stout Field Neighborhood

Estimated Value: $114,000 - $126,000

2 Beds
-- Bath
1,040 Sq Ft
$116/Sq Ft Est. Value

About This Home

This home is located at 5050 Melrose Ave, Indianapolis, IN 46241 and is currently estimated at $120,196, approximately $115 per square foot. 5050 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.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
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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

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 $830 $77,000 $4,600 $72,400
2023 $830 $77,900 $4,600 $73,300
2022 $699 $71,400 $4,600 $66,800
2021 $316 $29,900 $4,600 $25,300
2020 $254 $24,800 $4,600 $20,200
2019 $252 $24,800 $4,600 $20,200
2018 $265 $27,400 $4,600 $22,800
2017 $257 $27,000 $4,600 $22,400
2016 $298 $30,700 $4,600 $26,100
2014 $188 $31,300 $4,600 $26,700
2013 $221 $31,300 $4,600 $26,700
Source: Public Records

Map

Indiana Marion County Indianapolis 46241 Stout Field

5050 Melrose Ave, Indianapolis, IN

Not Listed for Sale

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